What are the 5 factors taken into account when calculating a credit score?.

Answers

Answer 1

Answer:

Payment history. Payment history is the most important ingredient in credit scoring, and even one missed payment can have a negative impact on your score. ...

Amounts owed. ...

Credit history length. ...

Credit mix. ...

New credit.

Explanation:


Related Questions

A clothing store has ordered a new supply of jeans for the fall season and wants to sell off the remaining items from the previous spring. What action would the store owner most likely take? The store owner would most likely raise the price of the spring jeans to encourage producers. The store owner would most likely lower the price of the spring jeans to encourage producers. The store owner would most likely raise the price of the spring jeans to encourage consumers. The store owner would most likely lower the price of the spring jeans to encourage consumers

Answers

The action that the store owner would likely take is that : The store owner would most likely lower the price of the spring jeans to encourage consumers.

What is supply?

Supply refers to the quantity of goods that a seller is willing to sell at a given price in a given period of time. It has a positive relationship with price of commodity, which means supply increases with increase in the commodity's price.

There is also law of supply which states that the quantity of a good supplied increases as the price increases and vice versa.

Hence, the action that the store owner would likely take is that : The store owner would most likely lower the price of the spring jeans to encourage consumers.

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Answer:

D

Explanation:

Marginal cost increases as the quantity of output increases. This reflects the property o

Answers

The property of marginal cost increasing as the quantity of output increases is known as diminishing marginal product.

What is diminishing marginal product?

Diminishing marginal product states that says as more units of a variable input of production is added to a fixed factor of production, output might increase initially but after a point total output would increase at a decreasing rate and marginal product would begin to decrease.

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Marginal cost increases as the quantity of output increases. This reflects the property of diminishing marginal product.

What do you mean by Marginal cost?

Marginal cost refers to the change in total production cost by producing one additional unit.

A company can maximize its profits by producing to where marginal cost equals marginal revenue. The law of diminishing marginal product where an advantage can be gained for a factor of production.

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Shaun oversees the marketing and sales activities for a company that sells products through its website. his job title is best described as . nadine analyzes ways to improve the number of viewers and time they spend on a website by promoting the site and updating its text and graphics to improve its search rankings. her job title is best described as .

Answers

The answer for the first one is Online Merchant

And the answer for the second one is Search Marketing Strategist

                                              You're Welcome

           PS: I'm not sure if it's too late, but hopefully I helped you.

Answer:

The other person is correct.

Explanation:

Variable costing prepares the income statement using the traditional format. Question content area bottom Part 1 True False

Answers

It is a false statement that variable costing prepares the income statement using the traditional format because it is for allocation of production costs.

What is variable costing?

Variable costing refers to an accounting method that is used to allocate production costs to product being produced.

This method of costing allocates all variable-manufacturing costs to the product during the period.

Furthermore, a variable costing assigns only variable costs to the products.

In conclusion, it is a false statement that variable costing prepares the income statement using the traditional format because it is for allocation of production costs.

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Standards are:_______.
A. set for each major production input or task
B. rarely used outside of management accounting
C. benchmarks for measuring performance
D. compared to the actual quantities and costs of inputs

Answers

Standards are benchmarks for measuring performance.

What is standard?

Standard is used to measure an individual or group performance.

It helps to know if an individual is doing exceptionally well or not.

Therefore, Standards are benchmarks for measuring performance and can be compared to the actual quantities and costs of inputs.

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By buying a ________ bond, investors may choose to exchange their bond for shares of common stock in the company.

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The type of bond which investors would buy that they may choose to exchange their bond for shares of common stock in the company is known as convertible bonds.

What is a Bond?

This refers to the fixed income investment which is used to show that a loan is taken by either an individual or corporation.

With this in mind, if an investor wants to later exchange their bond for shares of common stock in the company, then they would have to buy convertible bonds,

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Assume there are no changes in aggregate supply and no change in government policy, a decrease in government spending will likely _____ unemployment and ______ price level.

Answers

Answer:

decrease and increase

Explanation:

Thoose are the only 2 that make sense with no word box

Which section of a budget would the monthly electric bill best belong in?
A. Housing and utilities
B. Meals and entertainment
C. Groceries and supplies
D. Transportation

Answers

Answer:

A. Housing and utilities.

Explanation:

It would be part of your house and it's a utility that come with an apartment so it's part of rent.

Hope This Helps!

- Justin:)

Mortgage interest paid on a home is an example of a tax
A. deduction
B. credit
C. form
O D. refund

Answers

Answer:

A. Deduction

Explanation:

it's when u pay Ur taxes

D. Refund not deduction not credit not form not refund

3.) What are some key things to look for when setting up an IRA?​

Answers

Here is your Answer:-

You have the freedom to choose the type of IRA that is appropriate for you and to choose your own provider when you set it up on your own. You can add the “auto funding” feature to your IRA after you’ve set up the account. Step 1:- Choose the IRA That’s Best for You. Traditional and Roth IRAs are the most popular of the many forms of IRAs.

When analyzing a market how do economists deal with the factors that affect market

Answers

Explanation:

In order to study the change in the factors affecting the market easily, economists prefer to consider one factor at a time and keep other factors constant. This strategy is difficult to apply in real world, but this makes the understanding of an economic model simpler

A demand curve enables a firm to examine prices Blank _____. Multiple choice question. in terms of quantity sold relative to the costs to produce the product in terms of supply relative to its profits

Answers

The purpose of the demand curve is to allow a firm to examine prices in terms of quantity sold.

What does the Demand Curve show?

The Demand curve shows the price at which various quantities of goods and services are bought and sold in the market.

A firm can therefore use a demand curve to see which prices they can sell their goods and at what quantity.

In conclusion, option A is correct.

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Answer: in terms of demand and the firm's objectives

Explanation: A demand curve enables a firm to examine prices based on the number of buyers who want the product.

Caspion Corporation makes and sells a product called a Miniwarp. One Miniwarp requires 6.5 kilograms of the raw material Jurislon. Budgeted production of Miniwarps for the next five months is as follows:
August 23,000 units
September 21,700 units
October 23,100 units
November 24,300 units
December 24,000 units
The company wants to maintain monthly ending inventories of Jurislon equal to 20% of the following month's production needs. On July 31, this requirement was not met since only 11,200 kilograms of Jurislon were on hand. The cost of Jurislon is $22 per kilogram. The company wants to prepare a Direct Materials Purchase Budget for the next five months.
The total cost of Jurislon to be purchased in August is:_______.

Answers

Assuming the company wants to prepare a Direct Materials Purchase Budget for the next five months. The total cost of Jurislon to be purchased in August is:$3,663,220.

Total cost

Using this formula

Total cost=(Desired ending inventory+ Required for production-Ending inventory)×Rate per kilogram

Total cost=[(21,700×6.5×20%)+(23,000×6.5)-11,200]×$22 per kilogram

Total cost=(28,210+149,500-11,200)×$22 per kilogram

Total cost=166,510×$22 per kilogram

Total cost=$3,663,220

Inconclusion the total cost of Jurislon to be purchased in August is:$3,663,220.

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Choose a company you frequently buy from.
For example: Nike, McDonald's, Wawa
Now, identify that company's target market and marketing mix.

Answers

Coca Cola follows a price discrimination strategy in its marketing mix and the target market is younger customers within the age bracket of 10-25.

What is Marketing mix?

These are set of marketing tools that the firm uses to pursue its marketing objectives in the target market.

Coca Cola follows a price discrimination strategy in its marketing mix  means that they charge different prices for their products and its target market are young customers.

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Most companies base their compensation policies on all of the following factors EXCEPT ________. Group of answer choices worker productivity worker's previous salary cost of living government legislation

Answers

Most companies base their compensation policies on worker productivity.

What is compensation policy?

Compensation policy includes principle given by an organization or company regarding how bonuses, benefits and salaries of an individual employee will be handled.

Work done is proportional to compensation.

Therefore, Most companies base their compensation policies on worker productivity.

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When a company enters a new business in a different industry from that in which it currently operates and does not expect to achieve any value chain synergies, this is ________ diversification.

Answers

When a company enters into a new business that is unrelated without expecting to acheive any value chain synergies, it is can be referred to as: unrelated diversification.

What is Unrelated Diversification?

Unrelated diversification can be described as a type of diversification whereby a company ventures into unconnected business areas where the opportunities for sharing resources between areas do not exist.

An example of unrelated diversification is Amazon venturing into grocery store business which involves the purchase of whole foods.

Therefore, when a company enters into a new business that is unrelated without expecting to acheive any value chain synergies, it is can be referred to as: unrelated diversification.

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Every time a company hires a new employee and trains them to take on the new role, what kind of risk are they
taking?
O
financial
legal
O
operations
strategic

Answers

The risk a company takes every time a company hires a new employee and trains them to take on the new role is known as financial risk.

What is a risk?

Risk can be defined as a possibility or a situation which is uncertain and involves exposure to danger. A risk from an investment perspective is the possibility of incurring losses due to market uncertainties.

When a company hire new employee, the company would expend some cost towards training of the newly recruited employee; which is termed financial risk.

Hence, the risk a company takes every time a company hires a new employee and trains them to take on the new role is known as financial risk.

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Which of the following factors are considered when calculating GDP? I. Goods produced within a country by citizens of that country II. Goods produced within a country by residents who are not citizens III. Goods produced within a country for use in production of other goods IV. Goods produced by a country’s citizens outside of its borders a. II and III b. I only c. I and II d. I, II, III, and IV.

Answers

GDP refers to the total value of goods and services produced by resident and non-resident during a year in a country.

What is GDP?

Gross Domestic Product refer to the gross value (in terms of money) of finished goods and services produced in a country within a year by resident and non-resident in domestic territory of the country.

The above option I and II describes the factors considered for calculation of GDP, i.e. Goods produced  by citizens as well as non-resident within a country.

Therefore, option c aptly describes the factors considered for calculating GDP.

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Answer:

C. I and II

Explanation:

Bank Reconciliation and Entries

Sunshine Interiors deposits all cash receipts each Wednesday and Friday in a night depository, after banking hours. The data required to reconcile the bank statement as of July 31, 20Y0, have been taken from various documents and records and are reproduced as follows. The sources of the data are printed in capital letters. All checks were written for payments on account.

CASH ACCOUNT:

Balance as of July 1 $ 9,578. 00

CASH RECEIPTS FOR MONTH OF JULY 6,465. 42

DUPLICATE DEPOSIT TICKETS:

Date and amount of each deposit in July:

Date Amount Date Amount Date Amount

July 2 $569. 50 July 12 $580. 70 July 23 $713. 45

5 701. 80 16 600. 10 26 0601. 50

9 819. 24 19 701. 26 31 1,177. 87

CHECKS WRITTEN:

Number and amount of each check issued in July:

Check No. Amount Check No. Amount Check No. Amount

614 $243. 50 621 $309. 50 628 $837. 70

615 350. 10 622 Void 629 329. 90

616 279. 90 623 Void 630 882. 80

617 395. 50 624 707. 01 631 1,081. 56

618 435. 40 625 158. 63 632 325. 40

619 320. 10 626 550. 03 633 310. 08

620 238. 87 627 381. 73 634 241. 71

Total amount of checks issued in July $8,379. 42

BANK RECONCILIATION FOR PRECEDING MONTH:

Sunshine Interiors

Bank Reconciliation

June 30, 20Y0

Cash balance according to bank statement $9,422. 80

Adjustments:

Deposit of June 30 not recorded by bank $780. 80

Outstanding Check No. 580 ($310. 10)

Outstanding Check No. 602 (85. 50)

Outstanding Check No. 612 (92. 50)

Outstanding Check No. 613 (137. 50)

Total adjustments 155. 20

Adjusted balance $9,578. 00

Cash balance according to company's records $9,605. 70

Adjustments:

Bank service charges (27. 70)

Adjusted balance $9,578. 00

JULY BANK STATEMENT.

Required:

1. Prepare a bank reconciliation as of July 31. If errors in recording deposits or checks are discovered, assume that the errors were made by the company. Assume that all deposits are from cash sales.

2. Journalize the necessary entries (a) that increase cash and (b) that decrease cash. The accounts have not been closed.

3. What is the amount of Cash that should appear on the balance sheet as of July 31?

4. Assume that a canceled check for $180 has been incorrectly recorded by the bank as $1,800. Select how the error would be included in a bank reconciliation and how it should be corrected.

Feedback

Set up two sections: one for the bank balance and the other for the company cash account. Determine the effect of the data on each section. Recall that when you are finished, the adjusted balances in the bank and company sections of the reconciliation must be equal. If not, an item has been overlooked or treated in error. Recall that the company's cash account balance is updated for any items in the company section of the bank reconciliation.

5. Errors should be added or deducted from the bank or company section of the reconciliation depending on the nature of the error. If the bank made the error, the bank section would be adjusted. Subtract to obtain the difference between the correct and incorrect amounts. Has the bank overstated or understated the Cash balance in their records?

Answers

If the errors were made by the company, the adjusted bank balance is $11,494 and the adjusted book balance is $11,494.

Bank reconciliation

a. Bank reconciliation statement  July 31, 20Y0

Cash balance according to bank statement $11,601.41

Add deposit not recorded $1,177.87

Total $12,779.28

Less outstanding checks

No.613 $137.5

No.618 $837.7

No.633 $310.08

Total $1,285.28

Adjusted balance $11,494

($12,779.28-$1,285.28)

Bank reconciliation statement  July 31, 20Y0

Cash balance according to company book $7,664

($9,578+$6,465.42-$8,379.42)

Add proceed of note collected:

Principal  $4,000

Interest $160

Add july deposit error $18

Add error in check No.627 $63

Total $4,241

Deductreturn check $375

Service charges $36

Total $411

Adjusted balance $11,494

($7,664+$4,241-$411)

2. Journal entries

Debit Cash $4,241

Credit Notes receivable $4,000

Credit Interest revenue $160

Credit sales $18

Credit Account payable $63

Debit Accounts receivables $375

Debit Miscellaneous expense $36

Credit Cash $411

3. The amount of cash that should appear on the balance sheet as of July 31 is $11,494.

4. The error amount of $1,620 calculated as ($1,800-$180) should be included in the bank statement balance while the cancelled check should as well be corrected by giving the same check to the bank.

Inconclusion If the errors were made by the company, the adjusted bank balance is $11,494 and the adjusted book balance is $11,494.

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how can asking for help with your work be an advantage​

Answers

It will be an advantage if you answer your questions again after getting help.But without looking at the answers you got from friends and compare it later to see if your answers were alike or not.

Using the percentage-of-receivables basis, Continental Industries estimates it has total bad debts of $25,150. If Continentalâs trial balance shows an Allowance for Doubtful Accounts with a debit balance of $8,750, which of the following adjusting entries should the firm make? Bad Debt Expense = Debit of $16,400; Allowance for Doubtful Accounts = Credit of $16,400 Bad Debt Expense = Debit of $33,900; Allowance for Doubtful Accounts = Credit of $16,400 Bad Debt Expense =Debit of $16,400; Allowance for Doubtful Accounts = Credit of $33,900 Bad Debt Expense = Debit of $33,900; Allowance for Doubtful Accounts = Credit of $33,900

Answers

Answer:

Bad Debt Expense = Debit of $33,900; Allowance for Doubtful Accounts = Credit of $33,900

Explanation:

Bad Debt Expense = Debit of $33,900; Allowance for Doubtful Accounts = Credit of $33,900

Should the firm make the following adjusting entries:

Bad Debt Expense = Debit of $33,900; Allowance for Doubtful Accounts = Credit of $33,900

What is Bad Debt Expense?When a receivable is no longer collectible because a customer is unable to fulfil their obligation to pay an outstanding debt due to bankruptcy or other financial problems, a bad debt expense is recognized. For example, if a company with $2,000,000 in sales expects 2% of sales to be uncollectible, their bad debt expense would be $40,000 ($2,000,000 * 0.02). Consider a roofing company that agrees to replace a customer's roof on credit for $10,000. A bad debt is any loan or outstanding balance that a company considers uncollectible. Bad debt is normal and expected for businesses that provide loans and credit to customers. There will almost certainly be customers who are unable to repay their debts.

Therefore,

Should the firm make the following adjusting entries:

Bad Debt Expense = Debit of $33,900; Allowance for Doubtful Accounts = Credit of $33,900

When a firm's allowance account has a debit balance, the firm must add the debit balance ($8,750) to the required balance ($25,150) when making the adjusting entry (resulting in a credit of $33,900). The same amount should be deducted from the Bad Debt Expense.

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What type of orientation has a firm adopted when it measures itself primarily against firms that challenge it for customers

Answers

Answer:

Competitor

Explanation:

A pricing strategy in which factors such as consumer demand and manufacturing costs are less important than the price of a comparable product supplied by a strong competitor; also known as competition-based pricing.

What is the Competitor orientation?

The emphasis on outperforming the competition rather than increasing profits is known as competitor orientation. Despite being, by definition, suboptimal for profit-maximizing organizations, thrive in commercial environments.

Their strategy is based on the notion that they should assess themselves largely in light of their competitors.

Pricing that is on par with that of their primary competitors is referred to as competitive parity. Pricing at current levels: Only modifies prices to keep up with competitors.

Therefore, Competitor type of orientation has a firm adopted when it measures itself primarily against firms that challenge it for customers.

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Debts and obligations of a business are referred to as:.

Answers

Answer:

Liabilities

Explanation:

Liabilities are the debts and obligations that a business owes.

Many South Korean HDTV manufacturers are willing to give up immediate profits for long-term penetration of the market. This is a pricing objective known as ______

Answers

The pricing objective used by the South Korean HDTV manufacturers is known as penetration pricing.

What is penetration pricing?

Penetration pricing is a pricing objective where the sellers of a new product set the price for their product unusually low. They increase the price with the passage of time.

The purpose of penetration pricing is to entice consumers to purchase the product and increase the firm's market share.

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Select the correct answer from each drop-down menu.
Which two points must Ajay keep in mind when writing content for his web page?
Ajay is writing web page content for a county health department’s website. He should make sure that the text on the web page . He must also be careful to use a tone for the content

Answers

The points that must be kept by Ajay in mind when writing content for his web are key or important such that it establishes his professionalism and the interest of the department coupled with the fact that it is a matter of national interest. Hence the sentences are given below.

Ajay is writing web page content for a county health department’s website. He should make sure that the text on the web page . He must also be careful to use a tone for the content

What is content writing?

Content writing is the art of writing, editing, and publishing content in a digital format. The content may be in form of blogging, video or podcast scripts, ebooks or whitepapers, press releases, product descriptions, page landing or social media.

Therefore, when Ajay is writing such, he needs to keep in mind the sentences identified above.

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What factors play a role in gendering specific occupations?

Answers

Answer:

Risk, physical demands, skill level, competence

Explanation:

An indication of one’s lifestyle is __________________.

the kind of vehicle you drive
the kind of house you live in
the kind of clothes you wear
all of the above

Answers

Answer:

all of the above

Explanation:

all of these indicates one's lifestyles.

Eloise, the director of Human Resources at her organization

Answers

Since Eloise is working to determine its human resource needs for the next five years, her first course of action is: assessing the future labor supply.

What is Human resources management?

Human resources management (HRM) can be defined as an art that involves effectively and efficiently managing, controlling and improving the functions, number of employees or workers, activities that are being used by an organization.

This ultimately implies that, human resources managers are saddled with the responsibility of recruiting, managing and improving the welfare and working conditions of the employees working in an organization because they are the most important asset of any organization.

In conclusion, Eloise's first course of action is assessing the future labor supply for her organization.

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Complete Question:

Eloise, the director of human resources at her organization, is working to determine its human resource needs for the next five years. Eloise's first course of action is?

Planning , using a five step process.

To enhance the control environment, management develops job __________. Multiple Choice duplicates misstatements labelsIncorrect descriptions

Answers

Answer:

descriptions

Explanation:

it makes the sentence complete.

If the annual interest is $100 on a 3-year, straight interest-only note, and the interest rate on the note is 5% per year, what is the amount of the loan?

Answers

Assuming the interest rate on the note is 5% per year, the amount of the loan is $2,000.

Loan amount

Using this formula

Loan amount=Annual interest/Interest rate on the note


Where:

Annual interest=$100

Interest rate on the note=5% or 0.05

Let plug in the formula

Loan amount=$100/0.05

Loan amount=$2,000

Inconclusion assuming the interest rate on the note is 5% per year, the amount of the loan is $2,000.

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