having a high debt-to-income ratio or defaulting on your loan can bring down your credit score. how can a low credit score on your credit report affect you?

Answers

Answer 1

A low credit score on your credit report can affect you as it will lead to higher interest rates.

What is a credit report?

It should be noted that a credit report is the record of the repayment history of a borrower.

In this case, a credit score on your credit report can affect you as it will lead to higher interest rates as well as fewer loan options.

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Related Questions

________ is the most common fraud, but __________ is the most expensive fraud. Fraudulent financial reporting, misappropriation of assets Misappropriation of assets, fraudulent financial reporting Misdating stock options, misappropriation of assets, Cooking the books, misdating stock options.

Answers

Misappropriation of assets is the most common fraud but is the most expensive fraud in fraudulent financial reporting.

What is the most common type of accounting fraud?

Wrong timing of revenue recognition is the most not unusual sort of accounting fraud the Securities and exchange fee (SEC) has taken motion in opposition to beneath its whistleblower software, say lawyers who work with employees who've come ahead.

Forms of fraud encompass tax fraud, credit score card fraud, twine fraud, securities fraud, and financial disaster fraud. Fraudulent interest may be achieved by one individual, more than one person, or an enterprise firm as a whole.

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A bond has an average return of 6.3 percent and a standard deviation of 3.8 percent. What range of returns would you expect to see 68 percent of the time on this security

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The range would be 2.5 percent to 10.1 percent.

What is Expected return?

Expected return is an important financial concept investors use when determining where to invest their funds. Calculating the expected return of a specific investment or portfolio allows you to anticipate the profit or loss on that investment based on its historical performance.

Formula

Expected return = (return A x probability A) + (return B x probability B).

Since the bond holds that 68% of data lies within 1 standard deviation of the mean, the range will be +/- 1 standard deviation from the mean.

Expected return = (return A x probability A) + (return B x probability B)

Expected return = (6.3%-3.8%) to (6.3%+3.8%)

Expected return  = 2.5 percent to 10.1 percent

Hence, The range would be 2.5 percent to 10.1 percent.

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The use of anthropological techniques to study businesses and what some people cal organizational culture in order to assist the business is most specifically an example of...

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The use of anthropological techniques to study businesses and what some people call organizational culture in order to assist the business is most specifically an example of Applied anthropology.

What is applied anthropology?

Simply described, applied anthropology is "anthropology in use". It refers to any anthropological research that is carried out to address relevant issues. This indicates that the project has stakeholders and clients who stand to benefit or lose.

There are countless challenges that anthropology can help with. Some examples are business, environmental issues, health and medicine, research, education, and many more.

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In the screening and evaluation stage of the new-product process, the internal approach consists of a firm's employees evaluating Blank______.

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In the screening and evaluation stage of the new-product process, the internal approach consists of a firm's employees evaluating the technical feasibility of a proposed product idea.

What is screening and evaluation stage?

screening and evaluation stage of the new-product process, involves careful analysis of the product so as to know thefeasibility in the market.

In this case, this stage, brings about firm's employees evaluating the technical feasibility of a proposed product idea.

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Answer: Continuous

Explanation:

Differentiation for most consumer brands can be based on.

Answers

Features, performance, or style and design, is differentiation for most consumer brands can be based on.

What differentiate the product from other products?

Products can be differentiated from one product to another there are many features that apply to the product like the packaging, design, uses and specification, materials. They are also differentiated by the trademark and company.

Thus, Features, performance, or style and design.

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Ari is a generous employer who truly values his workers. He is constantly praising the work his employees do and finds many ways to show his appreciation. Needless to say, Ari's employees like him a lot. However, they don't trust him. Ari does not like making decisions and, therefore, often fails to take care of important problems. Moreover, Ari does not like conflict and will often let his employees get away with inappropriate behavior on the job. Ari would most likely be considered a ____________.

Answers

Ari does not like conflict and will often let his employees get away with inappropriate behavior on the job. Ari would most likely be considered a country club manager.

What is a country club manager's style?

A country club manager's leadership depicts a manager who scores low on productivity but high on concern for people.

Country club managers are attentive to the:

SecurityWell-beingHarmony of subordinates.

Thus, Ari does not like conflict and will often let his employees get away with inappropriate behavior on the job. Ari would most likely be considered a country club manager.

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A company incurred the following costs for a new delivery truck: Purchase price $110,000 Sales tax 7,000 Delivery charge from seller's location 1,600 Special racks for storage 3,000 Normal repairs to the truck before it was used for the first time 1,100 Signs painted on the truck 2,000 Insurance on truck before it was used for the first time 3,000 What is the cost of the delivery truck

Answers

127,700

The answer I gave is the total of incurred charges.

A credit balance in cash over and short is reported as a(n)

Answers

When there is a credit balance in the cash over and short account this is reported as Revenue.

What is the cash over and short account?

This is an expense account which shows the variance between cash balance than the company expects, and the actual cash balance that is seen.

A credit balance means that it is revenue because a debit balance would be an expense.

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a. what happens to the number of sandwiches and ice cream cones consumed if the price of ice cream cones rises to $2 a piece?

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It is to be noted that the demand for sandwiches and ice cream cones consumed after the price of ice cream cones rises to $2 a piece will both reduce (all things being equal).

Why would the demand for both items reduce?

The demand for both goods will both come down because they are complementary or joint demand goods.

A pair of goods are termed "joint demand" when both must or usually is consumed with the other.

Recall that (where all things are equal) demand will decrease as price increases.

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Assume that the risk-free interest rate in the United States is the same as that in Country M. Assume that the government of Country M is more likely to rescue local firms that experience financial problems. Other things being equal, Country M's firms are likely to use a ____ degree of financial leverage than U.S. firms. If a firm based in Country M has the same degree of financial leverage and the same operating characteristics as a U.S. firm, its cost of capital will likely be ____ than that of the U.S. firm.

Answers

Country M's firms are likely to use a higher degree of financial leverage than U.S. firms. The cost of capital will likely be lower than that of the U.S. firm.

What is financial leverage?

Financial leverage is known to be the use of borrowed money  that is a debt to handle or finance the buying of assets with the view that the income or capital gain or profit from the new asset will be more than the cost of borrowing.

Note that  Country M's firms are likely to use a higher degree of financial leverage than U.S. firms. The cost of capital will likely be lower than that of the U.S. firm.

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Since restored historic buildings convey a positive externality, local governments may choose to

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Since restored historic buildings convey a positive externality, local governments may choose to restrict demotion of them and provide tax breaks for those that choose to restore them.

What is positive externality?

A good has positive externality if the benefits to third parties not involved in production is greater than the cost. an example of an activity that generates positive externality is research and development. Due to the high cost of R & D, they are usually under-produced. Government can encourage the production of activities that generate positive externality by granting tax breaks to companies that undertake R & D.

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A perfectly competitive apple farm produces 1,000 bushels of apples at a total cost of $36,000. The price of each bushel is $50. Calculate the firm's short-run profit or loss.

Answers

The firm's short run profit is $14,000.

What is the short run profit or loss?

Short run profit or loss can be determined by subtracting total revenue from total cost. Total revenue is total units sold multiplied by price per unit.

Short run profit = total revenue - total cost

Short run profit = (1000 x 50) - 36,000 = $14,000

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This international business strategy is generally the most expensive commitment that a firm can make to an overseas market
because it normally involves the building of manufacturing plants and it is typically driven by the economic and business
dynamics of the target market.
A:Licensing
B:Outsourcing
C:Franchising
D:Foreign Direct Investment

Answers

Foreign Direct Investment is the  international business strategy is generally the most expensive commitment.

What is Foreign Direct Investment?

Foreign Direct Investment is the investment of the one company investment to another country. Mostly this type of business is done by the business person to expand their business in multiple countries and establish their portfilio.

Thus, option D is correct.

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Fitz Inc., a pharmaceutical company, reported net income for fiscal 2016 of $5,772 million, retained earnings at the start of the year of $57,594 million and dividends of $5,958 million, and other transactions with shareholders that increased retained earnings during the year by $11 million. If there were no additional transactions during the year that affected retained earnings, what was the balance of retained earnings at the end of the year

Answers

The balance of retained earnings at the end of the year equals $57,408 million.

What is balance of retained earnings?

It is calculated as adding of beginning Retained Earnings balance to the net income or loss and then dividend payouts are subtracted.

Balance of retained earnings = $57,594 million + $5,772 million - $5,958 million,

Balance of retained earnings = $57,408 million

Therefore, the balance of retained earnings at the end of the year equals $57,408 million.

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in which way does the concept of product life cycle (plc) help marketing managers?

Answers

The concept of product life cycle (plc) help marketing managers to know when to roll out a product for sale and when to develop or produce more products.

What is product life cycle?

Product life cycle talks about the life span of a product.

It include how long a product can last before spoilage or before it becomes obsolete.

It helps managers to plan rebranding of a product and new production.

Therefore, The concept of product life cycle (plc) help marketing managers to know when to roll out a product for sale and when to develop or produce more and new products.

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If an economy were experiencing a high rate of unemployment as the result of weak aggregate demand, a Keynesian economist would be most likely to recommend a. a reduction in taxes, without any offsetting reduction in government expenditures. b. maintenance of a balanced budget. c. a reduction in taxes coupled with a reduction in government expenditures of equal size. d. an increase in government expenditures coupled with an increase in taxes of equal size.

Answers

The recommendation by a Keynesian economist to tackle the high rate of unemployment as the result of weak aggregate demand is A. a reduction in taxes, without any offsetting reduction in government expenditures.

What is Unemployment?

This refers to the situation where a person or group of persons are out of work or cannot find any work.

Hence, we can see that based on Keynesian concepts that would work to tackle unemployment based on the given scenario, the most likely recommendation would be option A.

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If the project’s cost of capital were to increase, how would that affect the irr?.

Answers

There will be no changes in IRR, if the project’s cost of capital were to increase.

What is cost of capital?

This refers to the return that a firm needs to achieve in order to justify the cost of a capital project.

Most time, when this project’s cost of capital were to increase, it will not impact of the Internal Rate of Return.

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When starting to produce podcasts, one of the greatest expenses you will have initially is for:
A. A microphone
B. An advertising budget
C. Increasing bandwidth
D. Video production

Answers

Answer:

b

Question

When starting to produce podcasts, one of the greatest expenses you will have initially is for:

A. A microphone

B. An advertising budget

C. Increasing bandwidth

D. Video production

On May 31, Money Corporation's Cash account showed a balance of $13,500 before the bank reconciliation was prepared. After examining the May bank statement and items included with it, the company's accountant found the following items: Checks outstanding $ 3,050 Deposits outstanding 2,900 Non-sufficient funds check 170 Service fees 95 Error: Money Corporation wrote a check for $95 but recorded it incorrectly for $950. What is the amount of cash that should be reported in the company's balance sheet as of May 31

Answers

The amount of cash that should be reported in the company's balance sheet as of May 31 is $2,975.

What is a balance sheet?A balance sheet also referred to as a statement of financial position or a statement of financial condition in financial accounting, is a summary of the financial standing of a person or an organization, including a corporation, private limited company, sole proprietorship, business partnership, government agency, or not-for-profit organization. As of a particular date, such as the conclusion of its financial year, assets, liabilities, and ownership equity are listed. It's common to refer to a balance sheet as a "picture of a company's financial status." The balance sheet is the only one of the four fundamental financial statements that only apply at one particular period in a company's fiscal year.Solution -

Deposits outstanding = $3,050 (+)

actual amount on check my Money corporation = $95 (+)

Service fees = $170 (-)

∴ [tex]3050+95-170=2975[/tex]

So, the amount of cash that should be reported in the company's balance sheet as of May 31 is $2,975.

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g A market constraint can be overcome by: outsourcing. lobbying. supplier development. cash flow management. advertising or price changes.

Answers

A market constraint can be overcome by advertising or price-changes.

What is a market constraint?When no suppliers can adjust their capacity in response to a change in demand, or when providers' responses do not correspond to the change in demand, the market is said to be restricted.What is cash flow management?The process of monitoring the amount of money coming into and going out of your company is known as cash flow management. This assists you in making future financial projections for your company. It also aids in determining how much cash your company needs to pay off debts, such as paying suppliers and staff.What is advertising?Advertising is a type of marketing communication that uses an overtly commercial, impersonal message to sell or promote a good, service, or concept. Businesses who want to advertise their goods or services are often the sponsors of advertising.Therefore, a market constraint can be overcome by advertising or price changes.

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the nurse is preparing written information for an older adult who is to manage intermittent self-catheterization. which strategy will be most effective?

Answers

The strategy that will be most effective when  preparing written information for an older adult who is to manage intermittent self-catheterization is to use short words.

What is the reason why the nurse should use short words?

In this case where the nurse is preparing written information for an older adult , using of short words would make the patient to be able to understand the information.

In this case, the short word brings about simplicity which result into better understanding.

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To create a balanced budget one, must make sure to...

a) spend as little as possible

b) pay credit card payments first

c) spend less than or equal to income

d) pay off debts first

Answers

Answer:

c) spend less than or equal to income

by spending less than or equal to, you are balancing a budget. You are creating a balance between income and expense, which supports a steady/consistent, and logical budget.

^entire answer has been updated.

spend as little as possible

How quickly must you file a report with the michigan dnr if property damage exceeds $2,000?.

Answers

Answer: within five days or 10

Explanation:

Which athlete received the largest contract in the history of sports? mike trout lionel messi patrick mahomes lebron james.

Answers

Answer:

Lionel Messi

Explanation:

it's common sense

Ecosystem sustainability primarily results from the:

Answers

Ecosystem sustainability primarily results from the: relationships between the organisms in an ecosystem.

What is ecosystem sustainability?

This is  a term that has to mean that the ecosystem that we have is well preserved in the long run. What this means is that the natural resources and the environment are well preserved.

Hence it has to do relationships that exist between the organism in the given environment.

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Describe the 5 economic resource categories??

Answers

Answer:

there are three categories of economic resources National resources human resources and capital goods

Employee compensation systems are generally developed and administered by ____, and pay increases and promotions are usually recommended by ____.

Answers

Employee compensation systems are generally developed and administered by "HRM specialists", and pay increases and promotions are usually recommended by "line managers".

What is Employee compensation systems?

Giving employees money in exchange for their work is a systematic process known as compensation. Incentives can help with hiring, work happiness, and performance, among other things.

The purpose of a compensation system is-

To recruit new employees and keep the ones you already have working for your company are your compensation's main objectives. Compensation is also utilised to boost morale and encourage individuals to perform to their highest potential.Paid time off, disability insurance, stock option plans, health insurance, life insurance,  and services like financial counselling are a few examples.

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What does the release of earnings announcements

Answers

The release of earnings announcements and economic indicators are similar because c) both are estimated in advance by analysts.

Why are earnings announcements analyzed?

Earnings announcements help determine the value of a company and so they are analysed to help people decide if they can invest and make a capital gain.

Economic indicators are also analyzed with the goal being to predict where the economy is going and what to do about it.

The full question and options are:

What does the release of earnings announcements have in common with the release of economic indicators?

a) Both are typically released on a quarterly basis.

b) both are typically published by corporations

c) both are estimated in advance by analysts

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Assume that the markets can no longer be segmented. What would be the quantity demanded if price is 50 in a monopoly market?

Answers

The quantity demanded will remain the same because in a monopoly market, there is only one supplier, hence the demand is forced to remain inelastic to price changes.

What is a monopoly?

A monopoly is a price structure where there are many buyers but only one seller.

This could be a

natural monopoly; Pure monopolyLegal monopoly etc.

It is thus correct to state that the quantity demanded will remain the same because in a monopoly market, there is only one supplier, hence the demand is forced to remain inelastic to price changes.

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Jeremy recently started working at All Tech Info Services. The company spends a lot of money on ensuring that its employees are happy, have opportunities to grow, and provided with assistance for career management. The company uses a development planning process to achieve its needs. What must Jeremy do after the company assists him in identifying his development needs

Answers

Jeremy's career development responsibility involves the recognition of the particular needs he can realistically develop.

What is career development planning?

Career development planning is a long-term process by which an employee explores and manages life, learning, and work opportunities to benefit them and their employers.

Career development planning involves stages, including:

Needs assessmentExplorationPreparationImplementationDecision-Making.

Thus, Jeremy's career development responsibility involves the recognition of the particular needs he can realistically develop.

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This probability distribution showsthetypical grade distribution for a Geometrycourse with 35 students.GradeBFFrequency5101532Find the probability that a student earnsagrade of B or C.p=[?] -a nonpunitive approach that allows for situations in which anurse recklessly or willfully disregarded policies intended to protect the patient.The nurse'sis statement of the nonnegotiable ethical HELP ASAP/NOW...NO LINKS OR JOKING PLS In a board game, you gain 1.5x the number of coins in your purse every time you pass start. However, you max out at 300 coins. If you have 5 coins in your purse, how many times must you pass until you reach maximum? solve the inequality 5x+3> 48 Which of the following is TRUE about judicial review?A.It was established in the late 20th century.B.Judicial review is outlined in Article III of the Constitution.C.It provides the president a means of checking the power of the Supreme Court.D.The principle of judicial review is not in the Constitutio 15. Read the sentence. I do not think the girls will be lost in the woods for too much longer. Which reading strategy is being described?A.make personal connections B.ask questions C.establish a purpose for reading D.make predictions Round 7,485 to the nearest hundred. What promotional strategy can you use when your competitor has negotiated an exclusive sponsorship deal?Aarons young sports beverage company cannot match the marketing budget of his competitor to sponsor a local golf tournament. His marketing team has decided to print some golf shirts with the company logo on the back and to grab front-row seats at the eighteenth hole. They are hoping that this tactic will at least get them some free TV exposure. The figure shows part of the concrete slab which is used to make drains and its cross-section. it is made up of a cuboid of dimensions 120 cm by 60 cm by 40 cm, with a half-cylinder horizontally carved out of it. (i) find the area of the cross-section ABCDEFG. (ii) find the volume of the concrete slab. (iii) find the total surface area of the concrete slab.(iv) find the mass of the concrete slab if the density of concrete is 2300 kg/cubic m, giving your answer in kg. Which of the following keys on the keyboard is used to quickly indent text ________ are fleeting, low-intensity events that influence our conscious thinking and behavior without our awareness. which statement describes a main advantage of using cash over other forms of payment a ________ blot is used to identify specific sequences of dna on a membrane, whereas a ________ blot is used to identify specific sequences of rna on a membrane. Work out the height of this triangle with base, b = 4.7mm and area, A = 137.475mm2. What is the independent variable in the equation y=-5x+2? Find the area of the triangle. What conditions make AG always positive? Read the excerpt from frederick douglasss speech "what to the slave is the fourth of july?" go where you may, search where you will, roam through all the monarchies and despotisms of the old world, travel through south america, search out every abuse, and when you have found the last, lay your facts by the side of the everyday practices of this nation, and you will say with me, that, for revolting barbarity and shameless hypocrisy, america reigns without a rival. to support his purpose, douglass includes words such as . Only certified electricians are allowed to work on facility electrical system?