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2 years ago

Explain why the credit industry wants you to believe that you need a credit score

Business

2 answers:

kompoz [17]2 years ago

6 0

Answer:

The credit industry wants you to believe that you need a credit score because it profits them. If you think you

need to have a “good” credit score, you’ll keep using credit cards. This makes the credit industry gain more money.

lora16 [44]2 years ago

4 0

Answer:

Because the credit industry gains a profit from it's users. Credit is a tool, and if used wisely can be beneficial for many people who don't have enough cash to pay for things. Having "good" credit score means that it's easier for you to receive a loan.

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The idea for "price profit," an app that businesses can use to track their revenue, profit, and payroll, is protected by

egoroff_w [7]

Answer: Copyright law

Copyright is security for tangible aspects of an idea. It is intended to give the creator of something original the ability to use and make money from it, without others being able to use it themselves. There are a number of limitations that do allow for a widespread use, they protect the derivatives of an idea also called intellectual property. Copyright tends to cover literary and artistic work e.g. books, movies. To get a better idea copyright is the reason you just can’t print and sell harry potter books or download pirated movies

Since the "<em>price profit"</em> app is an idea it is protected by the copyright law.

7 0

2 years ago

Read 2 more answers

Consider two perfectly negatively correlated risky securities, K and L. K has an expected rate of return of 13% and a standard d

mihalych1998 [28]

Answer:

risk free rate of return is = 11.37 %

Explanation:

given data

K expected rate of return = 13%

K standard deviation = 19% = 0.19

L expected rate of return = 10%

L standard deviation = 16% = 0.16

to find out

risk-free portfolio rate of return

solution

first we find here weight of each portfolio

weight of K = $\frac{L standard deviation}{K standard deviation+ L standard deviation}$ ..................1

weight of K = $\frac{0.16}{0.19+0.16}$

weight of K = 0.4571 = 45.71%

and

weight of L = 1 - 0.4571

weight of L = 0.5428 = 54.28 %

so that

risk free rate will be here

risk free rate = ( weight of K × K expected rate of return ) + ( weight of L + L expected rate of return ) ..........................2

risk free rate = ( 45.71 % × 13 % ) + ( 54.28 % + 10% )

risk free rate = 11.37 %

4 0

2 years ago

According to Twitter’s amended S-1 filed November 4, 2013, what were the estimated amounts of net proceeds to be received by the

Ivenika [448]

Answer:

$1.62billion ; $1.82billion

Explanation:

According to amended S-1 filed November 4, 2013, the estimated amounts of net proceeds to be received by the company after the offering, excluding and including the over-allotment option is $1.62billion or approximately $1.86billion if the underwriters fully exercise their option to purchase additional stock. The standard initial public offering price is assumed to be $24 per share.

goes on to explain that the main reason for this offering is to optimize their financial flexibility and capitalization, as well as to make their common stock available to the public. Net proceeds from the offering would also be fully utilized in facilitating their working expenses as well as funding business and taxation expenses.

3 0

2 years ago

If the probability is 0.54 that Stock A will increase in value during the next month and the probability is 0.68 that Stock B wi

Natali5045456 [20]

Answer:

The probability that neither of both stocks increase is 0,14

Explanation:

The Complement Rule states that the sum of the probabilities of an event and its complement must equal 1.

The data we have is the probability that Stock A or B increase, we are looking for the probability that neither occur, so we have to use the complement of each one.

Complement of Stock A =1-0.54=0.46

Complement of Stock B =1-0.68=0.32

If we want to know the probability of both events happening we have to multiply both complements.

Probability that neither of these two events will occur= 0.46 x0.32= 0,1472‬

7 0

2 years ago

Marigold Corp. has these accounts at December 31: Common Stock, $12 par, 5,200 shares issued, $62,400; Paid-in Capital in Excess

irina [24]

Answer:

Total Paid in capital = $81100

Total paid in capital and retained earnings = $124800

Total Stockholder's equity are = $114460

Explanation:

given data

Common Stock = $12 par value 5200 shares

shares issued = $62400

Paid-in Capital = $18700

Retained Earnings = $43700

Treasury Stock 470 shares = $10340

to find out

stockholders' equity section of the balance sheet

solution

we get first Total Paid in capital that is

Total Paid in capital = shares issued + Paid-in Capital ..............1

Total Paid in capital = $62400 + $18700

Total Paid in capital = $81100

and

Total paid in capital and retained earnings = Total Paid in capital + Retained Earnings .................2

Total paid in capital and retained earnings = $81100 + $43700

Total paid in capital and retained earnings = $124800

and

so Total Stockholder's equity are = Total paid in capital and retained earnings - Treasury stock ..................3

Total Stockholder's equity are = $124800 - $10340

Total Stockholder's equity are = $114460

7 0

2 years ago