What is a “thin file”?

You have a well-built credit history with a variety of credit types.

“Thin File” is another term for a low credit score.

Your credit history is little to none, which makes it difficult to obtain credit moving forward.

You have little to no record of being late on your payments - as a result, you have an outstanding credit score.

Xinhong company is considering replacing one of its manufacturing machines. the machine has a book value of $39,000 and a remaining useful life of 5 years, at which time its salvage value will be zero. it has a current market value of $49,000. variable manufacturing costs are $33,300 per year for this machine. information on two alternative replacement machines follows. alternative a alternative b cost $ 115,000 $ 117,000 variable manufacturing costs per year 22,900 10,100 1. calculate the total change in net income if alternative a and b is adopted. 2. should xinhong keep or replace its manufacturing machine