3.What are some factors that influence a person's credit rating or their ability to get credit? Explain how these factors influence the extension of credit.

Answers

Answer 1

Answer: Several factors are taken into account with credit scores. It weighs greatly on debt ratios and payment history. Other items that can influence credit are the length of credit as well as credit inquiries. Credit scores can fluctuate frequently as credit history changes.

Answer 2

Answer: Factors that affect credit scores are: Payment history, amount of outstanding debt, amount of time that the debt has been open, and the amount of new credit. Credit scores can also be affected by what types of credit you have (ie consumer, student debt, mortgages).

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Dividing buyers into groups based on their knowledge, attitudes, uses, or responses to a product is called ________ segmentation. Group of answer choices geographic age and life-cycle psychographic behavioral user status

Answers

Answer: Behavioral segmentation

Explanation:

Behavioral segmentation refers to the division of consumers into groups according to their knowledge, attitudes, uses or responses to a product. Behavioral variables have been seen as the best starting point to segment a market. Within this type of segmentation, there are various definitions, one of them being occasions. On occasions, people are grouped according to the occasions when they have the idea of buying. There are also the benefits sought, which consists of grouping people according to the benefits they seek from a product. The frequency of use is also another way of grouping people, where they are grouped according to the times they are going to use a product or service.

Which of the following is not a need-based source of financial aidA- subsidized loan
B- athletic scholarship
C- unsubsidized loan
D- Federal Grant

Answers

Answer:

athletic scholarship

Explanation:

Just merit-based athletic scholarhsip award. It can be earned by any participant based on the sporting achievements. The rest are need-based, meaning that certain forms of funding are provided through federal, provincial and university eligibility laws related on student's financial needs.

An athletic scholarship is a type of funding for attending an university or college or any private high school provided to a person based solely on their ability to perform in a sport.

Assuming the use of a two-column (all-purpose) general journal, a revenue journal, and a cash receipts journal, indicate the journal in which each of the following transactions should be recorded: Pick the correct journal from the list.a. Receipt of cash refund from overpayment of taxes.
b. Adjustment to record accrued salaries at the end of the year.
c. Providing services on account.
d. Investment of additional cash in the business by the owner.
e. Receipt of cash on account from a customer.
f. Receipt of cash for rent.
g. Receipt of cash from sale of office equipment.
h. Sale of used office equipment on account, at cost, to a neighboring business.
i. Closing of drawing account at the end of the year.
j. Providing services for cash.

Answers

To pick the correct journal from the list we should be sure that we will record some transactions in more than one journal.

Explanation:

The combinations are below:

A. Receipt of cash refund from over payment of taxes. (Cash Journal)

B. Adjustment to record accrued salaries at the end of the year (General journal)

C. Providing services on account (Revenue Journal)

D. Investment of additional cash in business by the owner (Cash, General Journal) (The transaction will be recorded in both cash and capital accounts but instead of the capital, we put it in the General Journal to be transferred later)

E. Receipt of cash on account from customer (Cash Journal)

F. Receipt of cash for rent ( Cash, General Journal) (The transaction will be recorded in both cash and rent account but for the journal we put the rent part in the General journal)

G. Receipt of cash from sale of office equipment (Cash, General Journal) (An office equipment is assumed to be a fixed asset, thus its sale will not go into the revenue journal but the General Journal whiles the cash receipt is treated in the Cash Receipts Journal)

H. Sale of used office equipment on account, at cost to a neighbor (General Journal)

I. Closing of drawing account at the end of the year (General Journal) (The question did not specify whether is was goods withdrawn or cash withdrawn so we assume it to be goods withdrawn)

J. Providing services for cash (Revenue, Cash Receipts Journal)

What did arthur st. clair try to do through a series of treaties with native americans?

Answers

George Washington sent General Arthur St. Clair to stop the fighting and restore order, but he and his forces were defeated by Miami Chief Little Turtle. I hope my answer has come to your help. God bless and have a nice day ahead! Feel free to ask more questions.

Rebecca is starting a new consulting business for a small, local target market. she has determined the amount for the four methods: percentage of sales $2,000; how much to spare $1,000; competition spending $5,000; and specific results $3,000. how much should she spend?

Answers

I believe that she should spend $ 3000, this is because $3000 is within the range and also for specific results.
$ 5,000 is too high for a start up, high for competition spending and also not within the range. $1000 would not be an appropriate amount to spend, while $2000 is also not within the range and for percentage sales.

WeLoseThings, Inc. currently reports $500,000 of inventory on its trial balance. Management just performed an inventory count and found only $485,000 of inventory. What account should be debited to record this shrinkage?