Answer:
B) $90,500
Explanation:
Minimum LTV to avoid PMI is 80% of house cost
Value of home = 300,000
Loan = 80%*300,000 = 240000
Monthly installments = -PMT(N, I/Y, Loan)
Monthly installments = -PMT(4.5%/12,15*12,240000)
Monthly installments = $1,835.98
Total repayment over 180 months $330,477.10
Less: Loan value $240,000
Finance Charges $90,477.10
The total amount of finance charges is $90,500 when Ron wants the minimum LTV (loan to value) to avoid PMI (partial molar volume).
Option B is correct.
What are finance charges?Finance charges are the number of fees that are charged for the use of money or for the expansion of the existing credit.
It may be a percentage of borrowing or also may be flat-free, but it is also computed on the basis of a percentage.
Computation of finance charges:
According to the given information,
Minimum LTV to avoid PMI = 80% of house cost.
Home's value = 300,000
Then, the total amount of the loan is:
[tex]\text{Loan} =\text{Minimum LTV Rate} \times \text{Value of Home}\\\text{Loan} =80\% \times \$300,000\\ \text{Loan} = \$240,000[/tex]
Now, the monthly repayment installments are:
[tex]\text{Monthly Installments} = \rm{PMT(\dfrac{N}{12} \times {I}\times{Y} \times Loan)}\\\\\text{Monthly Installments} =\text{PMT}( \dfrac{4.5\%}{12}\times \dfrac{15\%}{12}\times \$240,000)\\\\}\\\text{Monthly Installments} =\$1,835.98[/tex]
Total repayment over 180 months:
[tex]=\text{Monthly Payments} \times 180 {\text{Months}}\\=\$1,835.98 \times 180\\= \$330,477.10[/tex]
Then the finance charges will be:
[tex]\text{Finance Charges} = \text{Total Repayment - Loan Amount}\\\text{Finance Charges} =\$330,477.10 - \$240,000\\\text{Finance Charges} = \$90,477.10[/tex]
Therefore, option B is correct.
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_____ are the materials used in the main production or manufacturing of a product.
Cost of goods sold
Ending inventory
Beginning inventory
Raw materials
Answer:
Raw materials
Explanation:
Raw materials refer to items that go into the production systems to produce other goods. They are substances or materials that are processed to make consumable or usable finished products. They include vegetables, flowers, crude oil, animal products, minerals, wood, resin, and latex.
Answer:
It's B - Raw materials
Explanation:
on edge 2021
Darwin Inc.sells a particular textbook for $24. Variable expenses are $16 per book. At the current volume of 52,000 books sold per year the company is just breaking even. Given these data, the annual fixed expenses associated with the textbook total:_____
a. $416,000
b. $832,000
c. $1, 248,000
d. $1, 664,000
Answer:
$416,000
Explanation:
Darwin sells a particular book for $24
Variable expenses are $16
The current volume of book sold is 52,000 books
The first step is to calculate the unit Contribution margin
= $24-$16
= $8
Therefore the fixed expenses that is associated with the book can be calculated as follows
=52,000 × 8
= $416,000
How much is the price of a perpetual annuity with quarterly payments of $200 starting 4 years from now and discount rate (dr) 8%? Price is always the period prior to the first payment.
a. $7 430.15
b. $9 423.22
c. $7284.46
d. $7 468.70
Answer:
PV= $7,284.46
Explanation:
Giving the following information:
Cash flow= $200
Interest rate= 0.08/4= 0.02
First, we need to calculate the value of the annuity 4 years from now:
PV= Cf/ i
PV= 200/0.02
PV= $10,000
Now, using the following formula, we determine the value today:
n= 4*4= 16
PV= FV/(1+i)^n
PV= 10,000 / (1.02^16)
PV= $7,284.46
Use the drop-down menus to identify the career that matches the description.
1.) Oversees the finances for an organization:
A.) Risk Management Specialist
B.) Investment Fund Manager
C.) Brokerage Clerk
D.) Treasurer
2.) Helps individuals create strategies for budgets, taxes, and investments:
A.) Financial Services Sales Agent
B.) Securities Trader
C.) Personal Financial Advisor
D.) Budget Analyst
3.) Manages the paperwork for buying and selling securities:
A.) Brokerage Clerk
B.) Risk Management Specialist
C.) Financial Services Sales Agent
D.) Commodities Trader
4.) Oversees a large number of combined investments:
A.) Treasurer
B.) Commodities Trader
C.) Investment Fund Manager
D.) Personal Financial Advisor
Answer:
sorry ik i’m late to answer but hopefully it can help someone else
Explanation:
1) D. Treasurer
2) C. Personal financial Advisor
3) A. Brokerage clerk
4) C. Investment fund manager
D. Treasurer
C. Personal Financial Advisor
A. Brokerage clerk
C. Investment fund manager.
What is the meaning of Treasurer?The person in charge of an organization's treasury is called the treasurer. Cash as well as liquidity administration, and risk management, including corporate finance are among the important basic responsibilities of a corporate treasurer.
The term originally referred to an individual in charge of a noble's riches, but it is now more widely used. The Lord High Treasurer served as the third major officer of the Crown on various occasions in England throughout the 17th century.
The safeguarding of assets is the role of accounting. It keeps a record of all things by keeping accurate records, so everyone may always know what resources are accessible. The Treasury is accountable for handling funding. It assesses risk and protects an organization's financial stability. Treasurers prioritize income through expanding investments, for example. In the structure of the finance department, the role of the nonprofit treasurer focuses on accounting and bookkeeping as well as managing the company's monetary adviser.
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Lorraine works for a company that does not pay very well. She relies heavily on extra paychecks that her company gives out a couple of times a year. Lorraine relies on what type of pay?
Answer: Bonus pay plan of individual-level performance-based pay
Explanation:
In this scenario, an extrinsic reward used here is the bonus pay plan. An extrinsic reward simply means a reward that is being given to the employee of a particular company after a particular thing has been achieved.
Here, a bonus pay plan of individual-level performance-based pay is being used. A bonus is given to the employee for meeting a particular requirements. Bonus are calculated base on either the percentage of ones wages or salaries or by using a flat rate.
Which of the following is a capital expenditure? Payment of an account payable. Retirement of bonds payable. Payment of Federal income taxes. None of these answers are correct.
Answer:
The correct answer is the last option: None of these answers are correct.
Explanation:
To begin with, the name of "Capital Expenditure", in the field of business refers specifically to the money that a company spends with the purpose to buy, maintain or improve its fixed assets. Therefore that it is quite simple to recognize the assets that are considered to be capital expenditure due to the fact that they are the ones in which the money is spended in order to extend the useful life that they have or when they are recently new and intend to stay in the company for a considerable period of time. Examples of capital expenditure are: vehicles, buildings, equipments or land.
What is the distinctive competency Toyota appears to be hoping to achieve by investing in Uber Technologies?
a. Basic factors of production
b. Intellectual property
c. Organizational architecture
d. Resources
Answer:
b. Intellectual property
Explanation:
Toyota is investing in Uber a car hailing service company.
Uber has cutting edge technology that makes it stand out from other car hailing services.
Toyota wants to have a part of this technology in order to improve on their cars and make them stand the test of time with regards to customer satisfaction.
To do this Toyota invested $500 million in Uber and in exchange they have access to Uber's intellectual property.
define the concept entrepreneur
Answer:
An entrepreneur is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards. Entrepreneurs who prove to be successful in taking on the risks of a startup are rewarded with profits, fame, and continued growth opportunities.
Explanation:
This should help you.
The next dividend payment by Dizzle, Inc., will be $2.85 per share. The dividends are anticipated to maintain a growth rate of 5.00 percent, forever. If the stock currently sells for $49.30 per share, what is the required return
Answer:
10.78%
Explanation:
The next dividend payment for Dizzle incorporation is $2.85
The growth rate is 5%
Current stock price is $49.30
Therefore the required return can be calculated as follows
= dividend payment/stock price + growth rate
= 2.85/49.30 + 5/100
= 0.0578 + 0.05
= 0.1078 × 100
= 10.78%
Answer:b9.89
Explanation:
10-.11=9.89
Sponsorship is an effective marketing strategy, particularly for sporting goods and recreational equipment.
Answer:true
Explanation: just took the test
Kenji has had an illness and an accident during the year. His combined out-of-pocket expense for both incidents was $1,000. The insurance company will now start to pay some of his medical expenses. What does the $1,000 represent?
a. Participation (co-insurance)
b. Deductible
c. Coordination of benefits
d. Intemal limits
Answer:
b. Deductible
Explanation:
Since in the question it is mentioned that Kenji who had an illness and had an accident during the year also the combined out of pocket expenses is $1,000.
So this $1,000 represent the deductible
hence, the correct option is b.
And the other options are wrong
Therefore the same is to be considered
Three products result from a joint production process. There are 50 units of product B158, 100 units of product B159, and 50 units of product B160. Using the physical units method, what percent of the joint costs will be allocated to product B159?
a. 50%
b. 25%
c. 75%
d. 33%
Answer:
the correct option is a. 50%
Explanation:
The computation of the percentage of the joint cost that would be allocated to product B159 is shown below:
= Units in product B159 ÷ Total units
= 100 units ÷ (50 units + 100 units + 50 units)
= 100 units ÷ 200 units
= 50%
Hence, the percentage allocated to product B159 is 50%
Therefore the correct option is a. 50%
Practice
Match the example with the marketing tool being used.
To match the items, click the example, and then click the
marketing tool.
Mario researches his target market to make sure his
products are affordable for them.
Promotion
After Lennard creates a marketing message focused on
the exotic flavors of his fruit smoothies, he decides to stop
offering bland, less exotic flavors.
Place
Indira chooses active, athletic salespeople that reflect her
target market
People
Sierra chooses a location in the business district for her
gym so it will be convenient for the businesspeople she
wants to attract
Product
Courtney advertises her product on Web sites that are
popular with her target market.
Price
Answer:
1. Price
2. Product
3. People
4. Place
5. Promotion
Explanation:
I majored in marketing.
One example of using marketing tool is Mario researches his target market to make sure his products are affordable for them, he uses pride.
What are some of the examples of using marketing tools?Marketing tools are tools that marketing specialists use to create, improve and promote their products and services. In this context, the word 'tools' refers to techniques, strategies, and materials.
Most companies prefer email marketing, advertising, target, research of the market, collecting data etc. Some of the examples of using marketing tools are, After Lennard creates a marketing message focused on. the exotic flavors of his fruit smoothies, he decides to stop offering bland, less exotic flavors and he uses the product. Place Indira chooses active, athletic salespeople that reflect her target market for that she uses people. Sierra chooses a location in the business district for her gym so it will be convenient for the business people she wants to attract, for that she uses the place.
Courtney advertises her product on Web sites that are popular with her target market and for that she uses promotion.
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The paper industry and brewery industry each emit 60 tons of particulates into the air. It costs the paper industry $1,000 to remove 1 ton of particulates, and it costs the brewery industry $1,400 to remove 1 ton of particulates. In an effort to reduce particulate pollution, the government gives each industry tradable allowances worth 50 tons of particulates. We would expect that: Select one:
a.the brewery industry will buy tradable allowances from the paper industry at a cost greater than $1,400 per allowance
b. the brewery industry will buy tradable allowances from the paper industry at a cost between $1,000 and $1,400 per allowance.
c. the paper industry will buy tradable allowances from the brewery industry at a cost between 1,000 and $1,400 per allowance.
d. the paper industry will buy tradable allowances from the brewery industry at a cost greater than $1,400 per allowance
Answer:
b. the brewery industry will buy tradable allowances from the paper industry at a cost between $1,000 and $1,400 per allowance.
Explanation:
This is the best one to select because, buying of the tradable allowance from the paper industry would be cheaper for the brewery industry. This would enable them to effectively remove more tons of the particulates thereby reducing the air pollution.
Select all parts that should be included in a resume.
Answer:
Objective , contact information, work experience, education and training, education and training, name.
On 1 January, 2015, Hikers Inc., a U.S.-based company, borrowed £200,000 on a two-year note at a per annum interest of 4.5%. The spot rate on this day was $1.65 per pound. The spot rate on 31 December, 2015, was $1.64 per pound. The journal entries to account for this foreign currency borrowing will include:______
Answer:
Debit to Interest expenses for $14,760 on December 31, 2015
Explanation:
At the end of December 2014, the accrued interest is to be accounted based on exchange rate prevailing on that date.
The Journal entry would be as follows:
Account Title Debit Credit
Interest expenses $14,760
Interest payable $14,760
(£200,000*4.5%*$1.64 per pounds)
_____ is the process of tapping information systems to extract and report data in organized ways that are helpful to decision makers.
Answer:
The answer is "Business intelligence".
Explanation:
It's a technology-based data mining system that allows managers, customers, and executives to make more informed marketing decisions as well as provides order to make efficient.
It is a system that implies a big data value, which is created as the authority of the data in the organization was being used as a tool.
Executives at worldcom committed an $11 billion fraud by capitalizing costs that should have been expensed. What was the effect of this fraud on worldcom's income statement?
Answer:
net income was too high, expenses were too low
Explanation:
From the question, we are told about how Executives at worldcom committed an $11 billion fraud by capitalizing costs that should have been expensed. In this case the effect of this fraud on worldcom's income statement is that net income was too high, expenses were too low. An income statement which can also be regarded as "profit and loss" account is a financial statement that gives the revenue as well as the expenses of a company at a particular period, so if the Executive capitalize costs that should have been expensed then it equates to the net income been too high while expenses were too low.
Two months ago, Lisa was honorably discharged from the Air Force where she spent four years training as an airplane mechanic. After discharge, she relocated to take a 40 hour per week apprentice mechanic job with a major airline company where she earns $18 an hour. Last month, her husband Dave, who has worked the past two years as a registered nurse, found a nursing job with a local hospital making $625 per week. They just bought a new car and pay $400 each month on that loan and have no other monthly debts.
What is the maximum mortgage payment (PITI) a lender would allow for a conventional loan based on the housing expense ratio?
Answer:
The maximum mortgage payment (PITI) a lender would allow for a conventional loan based on the housing expense ratio is:
$1,506.40
Explanation:
a) Data and Calculations:
Lisa works 40 hours at $18 an hour
Lisa weekly income = 40 * $18 = $720
Lisa monthly income = 40 *$18 * 4 = $2,880
Dave weekly income = $625
Dave's monthly income = $625 * 4 = 2,500
Total joint monthly income = $5,380
b) If Lisa and Dave, her husband, file jointly for taxes, then the maximum mortgage payment (PITI) they can make is 28% of the gross income.
Therefore PITI = $5,380 * 28% = $1,506.40
c) The housing expense ratio is the percentage of your gross monthly income devoted to housing expenses, which should not exceed 36% of your monthly or annual gross income. According to the general rule, the household expense payments, primarily rent or mortgage payments, cannot exceed more than 28% of the monthly or annual income.
Use of technology, employee retention, and HR development have been at the core of HR becoming more strategic at Xerox. Why have those areas been so key?
Answer:
Explanation:
These three areas have been key because they all complement one another in order to help the company achieve its organizational goals. Technology helps automate all of the data and processes that the company deals with on a daily basis. Employee retention focuses on keeping the employees and making sure that the best employees remain within the company, therefore making sure that the company will perform better than the competition. Lastly, HR development focuses on creating new ways of making the employees happy and making sure that all departments are as efficient as possible. All of which push a company past any barriers and towards achieving their goals.
1) which company has the comparative advantage in sports cars ?
2) which company has the comparative advantage in producing family cars?
ANSWER FAST PLEASE !!!
Answer:
C 15 15
Explanation:
edge2021 i hope my sacrifice helps ;-;
What is meant by activity analysis? Give 3 criteria for determining whether an activity adds value.
Answer:
The definition is summarized below and according to the case provided.
Explanation:
The method of trying to break down another operation into comprehensive steps as well as analyzing every other component independently of someone is activity analysis.
The three criteria for deciding not just whether value addition would be an activity or behavior:
The phase must move the product towards the conclusion. The phase without complete redesign should be performed correctly the first time. The clients are concerned and will compensate for the move to be taken.principals of manegment
Answer:
The answer is "Option d".
Explanation:
The management team consists of the coordination of any resources in the preparation, organization, analysis, and administration of the project to reach specific goals.
It is how something will be handled, treated intently, monitored, or managed by a company or group. Managers work as planners, supervisors, and managers thru the four roles, administrators, which focus on making their staff, processes, projects, and companies more efficient and effective in all fields.The consumer price index was 200 in 2008 and 190 in 2009. The nominal interest rate during this period was 4.5 percent. What was the real interest rate during this period
Answer:
the real interest rate is 9.5%
Explanation:
The computation of the real interest rate is shown below:
But before that inflation rate need to be determined
Inflation rate is
= [CPI this year - CPIlast year] ÷ CPI last year
= {(190 - 200) ÷ 200} × 100
= -0.05 × 100
i = -5%
Now the real interest rate is
real interest rate = nominal interest rate - inflation rate
= 4.5% - (- 5%)
= 9.5%
Hence, the real interest rate is 9.5%
The cost of capital:
A) is the expected rate of return on a capital investment.
B) is the interest rate that the firm pays on a loan from a bank or insurance company.
C) for risky investments is normally higher than the firm's borrowing rate.
D) is an opportunity cost determined by the risk-free rate of return.
Answer:
Option A: is the expected rate of return on a capital investment.
Explanation:
A capital is usually the money used to start up any business.
Cost of capital is simply cost of company's long-term sources of funds: debt, preferred equity and others. It shows how the market views the risk of the firm's assets. A firm must earn required return to compensate investors for the financing the business.
A city and school district are coterminous. When evaluating the debt issues of the city, the school district debt would be considered:______
a. Overlapping debt
b. Separate debt
c. Double-barreled debt
d. Underlying debt
Answer:
a. Overlapping debt
Explanation:
A city and school district are coterminous. When evaluating the debt issues of the city, the school district debt would be considered an overlapping debt.
The city and school district being coterminous simply means that they share the same things in common such as geographic boundaries, locations, scope of business, branch (jurisdiction) strategies and perhaps objectives.
An overlapping debt can be defined as the financial obligations of a municipality that falls partly or is being shared with a nearby jurisdiction (neighboring district, towns etc.)
Ivanhoe Corporation has fixed costs of $507,200. It has a unit selling price of $9.00, unit variable cost of $7.35, and a target net income of $1,552,000.
Required:
Compute the required sales in units to achieve its target net income.
Answer:
Break-even point in units= 1,248,000
Explanation:
Giving the following information:
Unitary contribution margin= 9 - 7.35= $1.65
Fixed costs= $507,200
Desired profit= $1,552,000
To calculate the number of units to be sold, we need to use the following formula:
Break-even point in units= (fixed costs + desired profit) / contribution margin per unit
Break-even point in units= (507,200 + 1,552,000) / 1.65
Break-even point in units= 1,248,000
Dr. Khoury is a chiropractor with his own practice in a rapidly growing community and would like to add staff members to his business to accommodate the increase in his patient base. He needs to hire a second Chiropractor, a Massage Therapist, a Physical Therapist, and a Medical Secretary. The four candidates have the education indicated in the table.
Candidate
Education Level
Candidate A
high school degree, associate’s degree
Candidate B
bachelor’s degree, medical school degree
Candidate C
high school degree
Candidate D
bachelor’s degree, master’s degree
Which candidate would be best suited for each position?
Candidate A: Medical Secretary Candidate B: Chiropractor Candidate C: Massage Therapist Candidate D: Physical Therapist
Candidate A: Massage Therapist Candidate B: Physical Therapist Candidate C: Medical Secretary Candidate D: Chiropractor
Candidate A: Physical Therapist Candidate B: Chiropractor Candidate C: Massage Therapist Candidate D: Medical Secretary
Candidate A: Massage Therapist Candidate B: Chiropractor Candidate C: Medical Secretary Candidate D: Physical Therapist
Answer:
C
Explanation:
Just took the test
There are criteria used in selection. The candidate would be best suited for each position is candidate C.
What does a chiropractor do?A chiropractor is a trained personnel who does Chiropractic adjustment. This is known as a procedure that involves a trained specialists who use their hands or a small instrument as a form of control and sudden force to a spinal joint of another person.
The aim of this procedure, also called spinal manipulation is mainly to boast spinal motion and boast the body's physical function.
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If you charge/plug in your phone on a Xbox will the stuff in ur camera roll on your phone be on/in the Xbox???
Answer:
No.
Explanation:
You said if you charge, so it will only charge your phone. You aren't able to upload photos directly to an Xbox.
Although, if you are pc, you can upload a custom gamerpic easily.
(An example would be a gamerpic, you need the app in order to have a custom gamerpic because it accesses your files).
Answer:
no
Explanation:
Your catering business sells luncheons and dinners. Luncheons are $1,000 each, and dinners are $2,000 each. You sold 300 meals in total for revenue of $460,000. How many of each did you sell?
Answer:
140 luncheons, 160 dinners
Explanation:
The number of luncheons and dinners that are sold will be 140 and 160, respectively.
What is the solution to the equation?The allocation of weights to the important variables that produce the calculation's optimum is referred to as a direct consequence.
Your catering business sells luncheons and dinners. Luncheons are $1,000 each, and dinners are $2,000 each. You sold 300 meals in total for a revenue of $460,000.
Let 'x' be the number of Luncheons and 'y' be the number of dinners. Then the equations are given as,
x + y = 300 ...1
1,000x + 2,000y = 460,000 ...2
From equations 1 and 2, then we have
1,000(300 - y) + 2,000y = 460,000
300,000 - 1,000y + 2,000y = 460,000
1,000y = 160,000
y = 160
Then the value of 'x' is given as,
x + 160 = 300
x = 300 - 160
x = 140
The number of luncheons and dinners that are sold will be 140 and 160, respectively.
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