suppose you are short 15 crude oil futures contract at a futures price of $48. later, you offset your position at $45. calculate your total futures gain or loss.
Answers
If you are short 15 crude oil futures contracts at a futures price of $48 and you offset your position at $45, you would realize a loss on your futures contracts. The total futures loss is -$45,000.
The total futures gain or loss can be calculated using the following formula:
Total Gain or Loss = (Sell Price - Buy Price) x Contract Size x Number of Contracts
In this case, the sell price is $45, the buy price is $48, the contract size for crude oil futures is 1,000 barrels, and you are short 15 contracts. Plugging these values into the formula, we get:
Total Gain or Loss = ($45 - $48) x 1,000 x 15
= -$3 x 1,000 x 15
= -$45,000
The negative sign indicates that you realized a loss on your futures contracts. In other words, you sold the contracts at a lower price than you bought them for.
Specifically, your loss on each contract is $3 per barrel ($48 - $45), and since you are short 15 contracts, your total loss is $45,000.
It's important to note that futures trading involves a high degree of risk and can result in significant losses. Therefore, it's crucial to have a solid understanding of the market and to employ risk management strategies to minimize potential losses.
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Related Questions
ANSWER PLS TIMED
A management consultant to a large transportation company is considering recommending that the company use the Just-In-Time (JIT) management philosophy throughout its operations. Which of these characteristics of the company would probably support the advice to implement the JIT management philosophy? (Select all that apply.)
the freight of the company is widely varied, as are its destinations
the company owns larger warehouses in some major locations
the company engages in mostly international transportation of goods
the company has recently developed partnerships with new subcontractors in its local hubs
Answers
Based on the given options, the characteristic(s) that would support the recommendation to implement the JIT management philosophy are:
The company owns larger warehouses in some major locations:The company has recently developed partnerships with new subcontractors in its local hubsHow to implement the JIT management philosophyJIT involves keeping inventory levels low and only ordering or producing goods when they are needed. Having larger warehouses would allow the company to store smaller quantities of inventory while still being able to meet customer demand quickly.
JIT requires close coordination between suppliers, manufacturers, and distributors to ensure that goods are delivered on time. Developing partnerships with subcontractors could facilitate this coordination and improve the efficiency of the company's operations.
The other options are less relevant to the decision to implement JIT. The widely varied freight and destinations would make it difficult to implement JIT, as it may be challenging to predict demand accurately.
Mostly international transportation of goods may also present challenges for implementing JIT, as it involves longer lead times and more complex supply chains.
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Which of the following are steps in the Incident Reporting Process? (select all that apply)
review by management
develop changes in care
enact changes in care
record the incident
Answers
Answer:
review by management
develop changes in care
enact changes in care
record the incident
Review by management, develop changes in care, enact changes in care, record the incident are the following steps in the Incident Reporting Process.
What is Process?A process is a set of decisions and actions used to carry out work. Although we may not be aware of them, processes are present in every sphere of our lives, including work and leisure.
Employees who get sick or hurt at work are given the treatment and help they require thanks to an incident reporting mechanism. In order to manage and improve preventive measures, it also helps with the recording and tracking of incidents.
Therefore, all the steps are the part of Incident Reporting Process.
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An example of form utility is when a customer gives cash in exchange for a pair of
sunglasses.
O TRUE
O FALSE
Answers
A program is likely to have its budget request adjusted during the Budgeting Phase of the PPBE, if it has repeatedly:
A. Failed to obligate 100% of its RDT&E funds by the end of the first year of execution
B. Failed to expend at least 90% of its Procurement funds by the end of the first year of execution
C. Failed to obligate at least 80% of its Procurement funds by the end of the first year of execution
D. Failed to expend at least 95% of its RDT&E funds by the end of the first year of execution
Answers
A. Failed to obligate 100% of its RDT&E funds by the end of the first year of execution.
Which condition is likely to result in a budget request adjustment during the Budgeting Phase?In the Budgeting Phase of the Planning, Programming, Budgeting, and Execution (PPBE) process, a program's budget request may be adjusted if it has repeatedly failed to obligate 100% of its Research, Development, Test, and Evaluation (RDT&E) funds by the end of the first year of execution.
Obligation refers to the legal commitment to spend funds for specific purposes.
This requirement highlights the importance of effective financial management and accountability within the program.
By not fully obligating RDT&E funds within the specified timeframe, the program may raise concerns about its ability to effectively execute its planned activities and meet the objectives outlined in the budget request.
The repeated failure to meet this obligation may result in adjustments to the program's budget, potentially reducing the allocated funds or imposing stricter oversight and reporting requirements.
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what audience solution should you use to reach home decor enthusiasts with your video campaign?
Answers
The various solution that you should use to reach home decor enthusiasts are-
Affinity Audiences.Demographics and Detailed Demographics.Life Events.Custom AudiencesWhat do you mean by Audience?
A group of listeners or viewers is called an audience. A sizable audience—readers, viewers, or listeners—attended the concert. The target audience for the movie is children.The lay audience, managerial audience, and expert audience are three different types of audience. You must advertise to and sell your goods to a valuable and focused audience if you want to run a successful business.To know more about Audience here
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An investor wants to purchase a five-year Treasury bond that pays zero coupons. The face value of the bond is $1,000.00. If the market rate of interest for this investment is 3.33%, what is the market value of the bond today?
Answers
The market value of the bond today is $858.97
Given,
The face value of the bond is $1,000.00.
Market rate of interest for this investment is 3.33%.
Investor wants to purchase a five-year Treasury bond that pays zero coupons.
To calculate the present value of the bond, the below-given formula is used: PV = FV / (1 + r) n
Where,
PV = Present value of the bond
FV = Face value of the bond
r = Market rate of interest
n = Number of years
So, here
PV = 1000/(1+0.0333)5
PV = $858.97
Therefore, the market value of the bond today is $858.97.
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encourage consumption, demand for goods was stimulated by all of the following EXCEPT
a. a new abundance and variety of goods available.
b. increased business competition.
c. advertising.
d. the creation of consumer credit.
Answers
Correct option is b. Encourage consumption, demand for goods was stimulated by all of the following EXCEPT increased business competition. This was one of the primary reasons for the growth of consumer culture in the United States.
Companies began to make more products and advertise them more, resulting in increased demand for goods.In the 1920s, advertising was one of the key drivers of consumer culture. Advertisements created a desire for the new goods and services that were available, and they encouraged people to buy more and more. Companies began to use new technologies to create ads that were more compelling and persuasive than ever before.In addition to advertising, the creation of consumer credit was also an important factor in the growth of consumer culture.
People could buy goods and services on credit, which meant that they could acquire things that they couldn't afford to pay for all at once. This helped to increase demand for goods and services because people could buy more than they would otherwise be able to.A new abundance and variety of goods available were another factor in the growth of consumer culture. As companies made more products, people had access to a wider range of goods than ever before. This made it easier for people to find things they wanted and to satisfy their desires.
Overall, the growth of consumer culture was driven by a combination of factors, including advertising, consumer credit, and the availability of more goods and services. These factors worked together to encourage people to consume more and more, driving demand for goods and services ever higher.
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three benefits of ______ are that they can provide a company with direction and momentum, encourage new ideas, and help the company develop a sustainable competitive advantage.
Answers
It encourages new ideas, it gives us focus and vigor, and it also helps the company build a sustainable competitive advantage.
What is meant by Business?Business also refers to the actions taken by someone who creates products or offers services with the goal of reselling them for a profit.
The meaning of a business is an entrepreneurial firm or group that performs professional activity. They may be professional, contemporary, or different.
Having a business name does not detach the entity from the owner, who remains responsible for whatever debts the company accrues.
Therefore, three benefits of planning and strategic management are that They can provide a business direction and momentum, inspire fresh thinking, and aid in the creation of a long-lasting competitive edge.
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a.
Someone who deals with their negative feelings successfully will probably
never have negative feelings again
b. have developed more negative feelings
never understand why they felt as they did
d. have developed more coping skills
C.
Answers
Answer:
D
Explanation:
edge 2020
Coping skills enable you to tolerate, reduce, and deal with stressful situations in your life. Stress management can help you feel better physically and psychologically, and it can affect your ability to perform at your best.
How to handle unpleasant feelings?To deal with unpleasant feelings, there are several coping mechanisms available. These are as follows:Don't overthink situations by going over them in your head again and again.Try to remain rational; accept that unpleasant emotions will occur from time to time; and consider ways to improve your mood.Relaxing activities such as reading, walking, or conversing with a friend can help you unwind.To be prepared, learn to recognize how sadness, loss, and rage make you feel and what circumstances cause them.Aerobic activity lowers stress hormone levels and improves your ability to deal with unpleasant emotions.Allow yourself to let go of the past; dwelling on the negative things prevents you from enjoying the present and makes you feel bad.To learn more about 'Regarding bad feelings' refer to
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The price of oranges increase, and so consumers buy more strawberries. This is an example of what?
Answers
A change in the exact quantity of a product that customers are willing and able to purchase is referred to as a shift in the quantity demanded. A change in pricing is what drives this shift in the quantity demanded.
What is Demand?Demand is the amount of a good that buyers are ready and willing to buy at different prices at a particular time. The demand curve is the name given to the relationship between price and quantity demand.
Also, consumers must be able to afford the items they want or need based on their budgeted disposable income.
Demand examines a market's price and purchases from the perspective of the customer. The principle of supply, on the other hand, emphasizes the viewpoint of the provider of the good or service.
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what kind of employees can fill the three levels of management
Answers
Answer:
hierarchy: Any group of objects ranked so that every one but the topmost is subordinate to a specified one above it.
manager: A person whose job is to manage something, such as a business, a restaurant, or a sports team.
board of directors: A group of people, elected by stockholders, to establish corporate policies, and make management decisions.
top management: company employees responsible for controlling and overseeing the entire organization
middle management: company employees that are accountable for controlling and overseeing a department
Explanation:
Most organizations have three management levels:
Low-level managers;
Middle-level managers; and
Top-level managers.
These managers are classified in a hierarchy of authority, and perform different tasks. In many organizations, the number of managers in every level resembles a pyramid.
Top-level managers
The board of directors, president, vice-president, and CEO are all examples of top-level managers.
These managers are responsible for controlling and overseeing the entire organization. They develop goals, strategic plans, company policies, and make decisions on the direction of the business.
In addition, top-level managers play a significant role in the mobilization of outside resources.
Top-level managers are accountable to the shareholders and general public.
Middle-level managers
General managers, branch managers, and department managers are all examples of middle-level managers. They are accountable to the top management for their department’s function.
Middle-level managers devote more time to organizational and directional functions than top-level managers. Their roles can be emphasized as:
Low-level managers
Supervisors, section leads, and foremen are examples of low-level management titles. These managers focus on controlling and directing.
Low-level managers usually have the responsibility of:
A firm within pure competition will produce up to the point where marginal revenue equals marginal cost because:
Answers
A firm within pure competition will produce up to the point where marginal revenue equals marginal cost in order to maximize profit.
In pure competition, a firm is a price taker, meaning it has no control over the price of the product it sells. The firm's goal is to maximize profit, which is achieved by producing at the level where marginal revenue (MR) equals marginal cost (MC).
Marginal revenue is the additional revenue generated from selling one more unit of output, while marginal cost is the additional cost incurred from producing one more unit of output.
When MR is greater than MC, producing an additional unit of output will increase profit. Conversely, when MC is greater than MR, producing an additional unit of output will decrease profit.
Therefore, a firm in pure competition will produce up to the point where MR equals MC to maximize its profit.
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If you were to apply for an administrative personnel position, what might you explain about yourself so that you sound qualified for the job?
“I am good at coming up with meal plans for the office.”
“I am good at filing and organizing paperwork.”
“I am good at replacing light bulbs when they burn out.”
Answers
Answer:
b
Explanation:
The W-2 form is a form that tells you______.
1) how often you will be paid.
2) how much Texas you’ve paid in the last year based on how much you’ve earned.
3) how much taxes to withhold from your paycheck
4) how much taxes you owe to the federal government.
Answers
Answer:
2) how much Texas you’ve paid in the last year based on how much you’ve earned.
Explanation:
A W-2 form is a document showing the amount of money that an employee earned in a particular year and the amount of taxes withheld. The form is prepared by the employer and presented to each employer and the tax authorities.
Employees use the W-2 form to file their income tax and FICA taxes, while the tax authority uses the form to track down employee's tax obligations.
Do you think that employers have a right to judge an applicant attitude when hiring? Give a reason for your answer
Answers
Hope this helps :)
NEED HELP ASAP.
If you are sure that you will be able to pay off the balance of your credit card bill in full each month, you should consider:
A) getting two credit cards, so you always have a line of credit open for use.
B) raising your borrowing limit on your credit card so you can spend more
C) only credit cards that offer a low APR
D) only credit cards that offer zero annual fees even if the APR is high.
Answers
Answer:
D
Explanation:
If you are sure that you will be able to pay off the balance of your credit card bill in full each month, you should consider only credit cards that offer zero annual fees even if the APR is high.
What is the Balance?Equilibrium or equipoise; an even distribution of weight, quantity, etc.; a counterpoise employed to establish equilibrium. stability of the mind or the emotions; a propensity for calm behavior, judgment, etc. a condition of balance in the body: He dropped down the steps after losing his footing.
When you can, try to pay off the entire sum on your credit card. Maintaining a recurring credit card load can increase your credit usage rate, which is one of the factors used to determine your credit ratings, and cost you money in interest.
If you pay off the entire balance on your credit card by the due date each month, interest will not be charged. Improve your credit score: You may build a solid payment history by using your credit card and paying off the balance.
Therefore, Thus option (D) is correct.
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If lucinda has only $60 to spend and the price of kewpie dolls and the price of beanie babies are both $12, how many of each will lucinda buy if she is rational?
Answers
If she is rational, Lucinda will buy 5 of each artefacts which costs $12 each. See explanation below.
Who is a rational consumer?A rational consumer is an economic parlance that assumes that while making a decision, customers would always prioritize maximizing their own advantages.
When making a selection, rational consumers choose the alternative that will provide them with the maximum utility and satisfaction.
Hence, as a rational consumer, Lucinda will spend $60 to purchase 5 of each product.
Given that both dolls are $12, to max out or achieve maximum satisfaction, the entire $60 must be expended to the full.
Hence,
$60/ 12
Maximum Utility Spend = 5 of each product.
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The entry to record the receipt of payment within the discount period on a sale of $2300 with terms of 2/8, n/30 will include a
a. credit to Sales Discounts for $46. b. debit to Sales Revenue for $2254.
c. credit to Accounts Receivable for $2300. d. credit to Sales Revenue for $2300.
Answers
The correct answer is a. credit to Sales Discounts for $46. When a customer pays within the discount period (in this case, within 8 days), they receive a discount of 2% on the sale. The amount of the discount is calculated as 2% of the sale price, which is $2300 x 2% = $46.
Therefore, the entry to record the receipt of payment within the discount period would include a credit to Sales Discounts for $46, reducing the amount owed by the customer to $2254 (which would be debited to Accounts Receivable). Option c. credit to Accounts Receivable for $2300 is incorrect because the customer has already been billed for the sale and the payment received is a reduction of the amount owed, not an additional credit.
Option d. credit to Sales Revenue for $2300 is also incorrect because the sale has already been recognized as revenue when it was initially recorded, and the payment received is not additional revenue but a reduction in the amount owed.
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In both an Indian and Chinese context, is there
a trade off between economic growth and meeting the UN Sustainable
Development Goals?
Answers
The trade-off between economic growth and meeting the UN Sustainable Development Goals exists in both Indian and Chinese contexts, requiring a delicate balance for sustainable development.
In both the Indian and Chinese contexts, there can be a trade-off between economic growth and meeting the UN Sustainable Development Goals (SDGs). Both countries have experienced rapid economic growth, which has led to various social and environmental challenges. While economic growth has lifted millions out of poverty and contributed to development, it has also resulted in issues such as income inequality, environmental degradation, and social disparities. Balancing economic growth with the achievement of the SDGs requires strategic planning, policy implementation, and a focus on sustainable and inclusive development that considers social, economic, and environmental dimensions.
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7. Sharon spent the weekend with her friend Amelia. Amelia proposed a plan for shoplifting CDs from a local music store. Sharon was to go to the store clerk, say she felt ill, and then pretend to faint. This distraction would allow Amelia, at the other end of the store, to place CDs in her shopping bag without risk of being seen. At first Sharon said she could not do something like that because it is against the law. Amelia argued that Sharon would not be breaking the law, only Amelia would. Is Amelia right? If a person can think of a way to profit by violating the law without risk, what reasons are there for not breaking the law?
Answers
Answer: Amelia is wrong because she is a partaker in the crime.
Explanation:
When gang members rob a shop, not all do the robbing at the same time, some drive the robbers, some stay on guard to watch the situation, and they are those that rob, but when they are caught, the law prosecutor goes for all of them involved because they acted as a team to carry out such act. It is same with this scenario, anyone who is fully aware and supported any criminal acts is considered a violator of the law. All people who participated in a criminal act is guilty of the crime.
However, it will only be punishable if there are witnesses and evidence to show that they partook in the event.
If you invest 50 percent of your funds in a stock with beta=1.5, 30 percent in a stock with beta=0.9 and 20 percent in a stock with beta=0.3, your portfolio beta will be
Answers
Answer:
1.08
Explanation:
The computation of the portfolio beta is shown below:
Portfolio beta is
= Invested stock percentage × beta of the stock + Invested stock percentage × beta of the stock + Invested stock percentage × beta of the stock
= 0.50 × 1.50 + 0.30 × 0.90 + 0.20 × 0.30
= 1.08
We simply applied the above formula so that the portfolio beta could come and the same is to be considered
if the reserve requirement is 8% and the fed increases reserves by $20 billion, what is the total increase in the money supply?
Answers
The total increase in the money supply would be $250 billion.
When the Federal Reserve increases reserves by $20 billion and the reserve requirement is 8%, the total increase in the money supply can be calculated using the money multiplier formula.
The total increase in the money supply can be calculated using the money multiplier formula:
Money multiplier = 1 / Reserve requirement
Assuming a reserve requirement of 8%, the money multiplier would be:
Money multiplier = 1 / 0.08 = 12.5
So a $20 billion increase in reserves would lead to a:
Total increase in the money supply = $20 billion x 12.5 = $250 billion
Therefore, the total increase in the money supply would be $250 billion.
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5. The source document for all cash payments is a sales invoice. (P. 60)
true or false
Answers
Answer:
false
Explanation:
A sales invoice is an accounting document addressed to a client informing them of the amount they should pay for the goods or services provided. It details the services or products provided, the date, name of the client, the amount due, among other details. The invoice does not keep information on cash payments.
The check is the document that contains information on cash payments. The checkbook will retain details of all payments, such as amount, payee, and payment date. This data is useful in cash reconciliations.
The source document for all cash payments is a sales invoice. Thus, the given statement is false.
The source document for all cash payments is not a sales invoice. A sales invoice is typically generated when a company makes a sale to a customer, documenting the details of the transaction and serving as a request for payment. However, when it comes to cash payments, the source document is usually a receipt or cash voucher.
A receipt is issued to the payer as proof of payment received, providing information such as the date, amount, payment method, and details of the transaction. Cash vouchers, on the other hand, are internal documents used within a company to track and record cash payments made.
Thus, the given statement is false.
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ultimately sales organizations need to work toward developing a performance management system. group of answer choices true false
Answers
True. Sales organizations do need to work toward developing a performance management system.
This is because a performance management system helps to track and measure the performance of sales representatives, identify areas for improvement, and provide feedback and coaching to help them achieve their goals.
Ultimately, sales organizations need to work toward developing a performance management system because it helps in setting goals, tracking progress, evaluating performance, and providing feedback. This ensures better performance, accountability, and continuous improvement for the sales team.
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Spending money to train and develop employees is a means of fostering.
Answers
Answer:
normative commitment
Explanation:
Yahoo! Inc.'s recent financial statements contain the following selected data (in thousands).
Current assets $4,594,772 Current liabilities $1,717,728
Total assets 14,936,030 Total liabilities 2,417,394
Compute working capital. (Enter amount in thousands.)
Working capital
Answers
Working capital is a financial metric that measures a company's ability to pay its short-term debts. It is calculated by subtracting current liabilities from current assets.
In the case of Yahoo! Inc., the company's current assets are $4,594,772 and its current liabilities are $1,717,728. Therefore, the company's working capital can be calculated as follows:
Working capital = Current assets - Current liabilities
Working capital = $4,594,772 - $1,717,728
Working capital = $2,877,044 (in thousands)
This means that Yahoo! Inc. has $2.88 billion available to meet its short-term obligations. A positive working capital is generally seen as a good sign, as it indicates that a company has enough liquidity to cover its expenses. However, it is important to consider other factors, such as the company's industry and market conditions, when evaluating a company's financial health.
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Assuming an Oil and Gas company undertaking a project wish to gain a better understanding of their reservoirs to improve recovery by investing in reservoir simulation and modeling study. Assuming history matching proves successful, what reserve classification will be most appropriate under the PRMS. What reserve classification and range of uncertainty should development plans be made?
Answers
Assuming history matching proves successful, the most appropriate reserve classification under the PRMS would be proved reserves.
If an oil and gas company undertaking a project wishes to gain a better understanding of their reservoirs to improve recovery by investing in reservoir simulation and modeling study and assuming history matching proves successful. The range of uncertainty for development plans should be no more significant than the certainty level established by geoscience and engineering data that supports proved reserves.
Moreover, to be recognized as a proved reserve, the entity must have three criteria that include being technologically feasible, economically viable, and legally permitted. It means that it can be produced, marketed, and sold at current prices in a given market while also complying with environmental and regulatory requirements.
The reserve classification under the PRMS that is most appropriate and the range of uncertainty for development plans should be no more significant than the certainty level established by geoscience and engineering data that supports proved reserves.
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jerry deposited $550.00 into a saving account at his bank. if the interest rate is 2.75%, then how much will he have after 2 years? hint: find interest first, then add to how much he had in his bank account.
Answers
Interest for 2 Years= 550*2.75/100*2=30.25
Balance of Saving account after 2 years= 580.25
What does "bank interest" mean?You pay interest when you borrow money, and banks pay you interest when you save money with them. Interest rates are expressed as a percentage of your annual savings or borrowing. Therefore, after a year, if you deposited £100 into a savings account earning 1% interest, you would have £101.
Why do banks care about interest rates?Stocks in industries like banking and utilities are particularly susceptible to changes in interest rates. Banks, in particular, derive a large portion of their revenue from the discrepancy between the cost of borrowing money and the interest rate at which they lend it (also called the spread).
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WILL GIVE BRAINLEST ASAP!!!!!! Good afternoon can someone answer this please
Answers
What does a good credit history do for consumers?
A. It helps them reduce their housing costs.
B. It allows them to get debit cards,
C. It makes it easier for them to get loans.
D. It keeps prices low.
SUBMIT
Answers
Answer:
C. It makes it easier for them to get loans.
Explanation:
Credit history shows how reliable a borrower is in repaying loans. A good credit history indicates that a person pays their debts on time. A customer with a good credit history manages their income and debts properly and is considered a low-risk borrower.
Lenders are always willing to offer credit facilities to customers with a good credit history. They view them as less likely to default on their debts.