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Nataliya
1 month ago
11

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

Business
2 answers:
harina [3.2K]1 month ago
6 0

Answer:

The credit industry aims to convey the necessity of having a credit score as it directly benefits their profits. If individuals believe they must maintain a "good" credit score, they are more likely to continue using credit cards, resulting in increased earnings for the industry.

soldi70 [3.1K]1 month ago
4 0

Answer:

The credit sector thrives on the profits generated from its customers. Credit serves as a financial tool that, if managed wisely, can greatly benefit individuals who lack the necessary cash for purchases. A favorable credit score facilitates the process of securing loans for such individuals.

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Suppose that Taggart Transcontinental currently has no debt and has an equity cost of capital of 10%. Taggart is considering bor
arsen [2988]

Answer:

Option (D) is the right choice.

Explanation:

According to the Modigliani-Miller proposition, the cost of equity will adjust in a way to accommodate its debt obligations.

Cost of equity:

= WACC for an all-equity firm + (WACC for an all-equity firm - Cost of debt ) × (Debt-to-equity ratio)

Initially, when no debt was present,[ [TAG_20]]

WACC = cost of equity = 10%

The levered cost of equity:

= 10% + ( 10% - 6%) × 0.2

= 10.8%

Thus, Taggart's levered cost of equity would be approximately 11%.

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20 days ago
Which revision eliminates the pronoun shift in the sentence below? if a student wishes to go on the field trip, they must bring
Scilla [3267]
Answer;
To attend the field trip, a student must submit a permission slip.

Explanation; 
This is due to the fact that a singular noun like student requires a singular pronoun. The subject and verb must be in agreement, meaning instead of using the plural pronoun they with a singular noun, the correct pronouns are he or she.[[TAG_9]]
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12 days ago
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Which are possible employers in the Financial career cluster? Check ALL that apply.
harina [3228]

Answer:

The selections appear to be: B and D.

Explanation:

I also possess kitchen towels.

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The flynn company began the period with $15,000 worth of raw materials. during the period it purchased an additional $17,000 wor
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How do basic level occupation help society​
stepan [3001]

Answer:

An occupation, job, employment, or work represents an individual's role within society. Specifically, a job refers to an activity that is commonly regular and performed in exchange for compensation ("to earn a living"). Many individuals hold multiple roles (such as parent, homemaker, and employee). One can initiate a job through employment, volunteering, entrepreneurship, or parenting. The time span of a job can vary from short-term (like hourly tasks) to long-lasting (for example, judges).

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