Answers
The net purchase for the period will be $850.
Amount of raw material placed into production) = Opening inventory + Net purchase - Ending inventory
$400 = $50 + Net purchase - $400
Net purchase = $850
In conclusion, the net purchase for the period will be $850.
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Answer:
the net purchase is $850
Explanation:
The computation of the net purchase is shown below:
The amount of raw material placed into production = opening inventory + net purchase - ending inventory
$400 = $50 + net purchase - $400
So, the net purchase is $850
hence, the net purchase is $850
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Answers
Answer: Click-to-call ad
Explanation:
From the question, we are informed that Lilla sees a search ad on her mobile phone for a restaurant and a button on the ad allows Jessica to click on the button and call the restaurant.
It should be noted that the above is a click-to-call ad. They are form of Google Ads that when someone clicks them, it calls the business directly rather than linking to the website of the business. They are important to marketing campaigns.
How does this amount compare with the traditional financial guideline found in Question #2?
Use the following amounts for Jamie Lee and Ross’ calculations:
• 10% down payment
• 28% for TIPI
• $500.00 per month for estimated combined property taxes and insurance
• 5% interest rate for 30 years
4. Jamie Lee and Ross found a brand new three-bedroom, 2 ½ bath home in a quiet neighborhood for sale. The listing price is $275,000. They would like to place a bid of $260,000 on the home. The seller’s counteroffer was $273,000. What should Jamie Lee and Ross do next to demonstrate to the owner that they are serious buyers?
5. Jamie Lee and Ross received a signed contract from the buyer accepting their $273,000 offer! The seller also agreed to pay two points toward Jamie Lee and Ross’ mortgage. Calculate the benefit of having points paid toward the mortgage if Jamie Lee and Ross are putting a $40,000 down payment on the home.
6.Calculate Jamie Lee and Ross’ mortgage payment, using the 5 percent rate for 30 years on the mortgage balance of $233,000.
Answers
Answer:
Explanation:
2. Down payment is $40,000 Two and half times means 5/2 i.e. 5/2*$40,000 = $100,000...
5. One mortgage point costs 1% of the mortgage loan amount.
If Jamie Lee and Ross are putting a $40,000 down payment on a home with an accepted purchase price of $273,000, then the mortgage loan will be for $233,000.
$273,000 - $40,000 = $233,000.
Two points paid toward the mortgage will be a cost of $4,660 to the seller.
$233,000 x 0.02 = $4,660.
Typically, purchasing points means that a sum of money has been paid to the lender at closing to reduce the financing cost of the loan. The benefit of purchasing points is that it will secure a lower interest rate for the home buyers. In this sense, points are not put towards the mortgage loan itself, but are used to decrease overall expense to the home buyer over the term of a mortgage. A lower interest rate over the term of a mortgage can account for tens of thousands of dollars of saved interest.
If in this case the seller is simply giving money to the home buyers to put against the mortgage, then $4,660 will reduce the total loan amount to $228,340.
Although this question is somewhat ambiguously worded, it is more likely that the points are being purchased to secure a lower interest rate. While this doesn't represent an immediate windfall to the home buyers and does not decrease the mortgage loan amount, it would provide the greatest overall advantage to the home buyers.
I can't do 3,4,6 I'm very sorry about this man. I did my best but they come out wrong and I don't want to misguide you or mislead you in any way....
Very sorry!
For the following:
- 2. Jamie Lee and Ross can afford to spend approximately $250,000 on a house.
- 3. The affordable mortgage amount for Jamie Lee and Ross is $233,000.
- 4. Jamie Lee and Ross should make a written offer to the seller, stating their willingness to pay $260,000 for the home and including a deposit of $1,000.
- 5. The benefit of having points paid toward the mortgage is that it will lower the interest rate on the loan by 0.25%.
- 6. Jamie Lee and Ross's monthly mortgage payment will be $1,378.
How to solve for the financial details?
2. For Jamie Lee and Ross's combined income. Using the traditional financial guideline, they can afford:
Two and a half times Jamie Lee and Ross's salary is $2.5 × $100,000 = $250,000.
Jamie Lee and Ross's down payment is $40,000.
So, the maximum amount they can afford to spend on a house is $250,000 + $40,000 = $290,000.
3. Using Your Personal Financial Plan Sheet 24, the affordable mortgage amount for Jamie Lee and Ross is:
Monthly debt-to-income ratio (DTI): 28%
Monthly mortgage payment: $1,800
Monthly property taxes and insurance: $500
Down payment: 10%
Loan amount: $233,000
The DTI is calculated by dividing the monthly mortgage payment, property taxes, and insurance by the monthly income. In this case, the DTI is 28%, which is the maximum DTI that most lenders will allow.
The monthly mortgage payment is calculated by multiplying the loan amount by the interest rate and the number of years. In this case, the monthly mortgage payment is $1,800.
The property taxes and insurance are estimated to be $500 per month.
The down payment is 10% of the purchase price, or $23,300.
The loan amount is the purchase price minus the down payment, or $275,000 - $23,300 = $233,000.
4. Jamie Lee and Ross should make a written offer to the seller, stating their willingness to pay $260,000 for the home. They should also include a deposit of $1,000 to show that they are serious buyers.
5. The benefit of having points paid toward the mortgage is that it will lower the interest rate on the loan. Two points on a $233,000 loan is equal to $4,660. This means that Jamie Lee and Ross's interest rate will be 0.25% lower, which will save them money on their monthly mortgage payments.
6. For Jamie Lee and Ross's monthly mortgage payment:
Principal: $233,000
Interest rate: 5%
Number of years: 30
Monthly payment: $1,378
The principal is the amount of money that Jamie Lee and Ross are borrowing from the lender. The interest rate is the percentage of the principal that the lender charges in interest each year. The number of years is the length of the loan. The monthly payment is the amount of money that Jamie Lee and Ross will pay to the lender each month.
Find out more on Financial Plan here: brainly.com/question/30729782
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Answers
Answer:
Permanent Life Insurance Policy
Explanation:
Permanent Life Insurance Policy is a flexible insurance policy that allows policy holders to borrow from their insurance policy (policy loan). Furthermore, withdrawal up to the total premium amount paid into the policy is allowed.
Answers
Answer:
Originally pay for the stock = $8
Explanation:
Given:
Total return = 62.5%
Value of stock (after 1 year) = $12
Dividend during the year = $1
Originally pay for the stock = ?
Computation:
Originally pay for the stock = $8
b.Meteor
c.Cash cow
d.Shiner
e.Top dog
Answers
Answer:
It is Star (B)
Explanation:
Option (a) True. Star is a product with high relative market share in a high growing market . This product is full of potential but require more investment and spending in the areas of advertising,innovation and market research in order to maintain its market leadership position. Hence, it might be cash neutral at this stage.
In the long-run, it will eventually turns to cash cow in the portfolio if we can sustain its position.
Option(b) Meteor. False. This does not exist in product portfolio matrix.
Option (c) Cash cow. False.
This product has a large relative market share in a stagnating (mature) market, profits and cash flows are expected to be high. Because of the lower growth rate, investments needed should also be low.
Hence, they typically generate cash in excess of the amount of cash needed to maintain the business and this ‘excess cash’ is supposed to be ‘milked’ from the Cash Cow for investments in other business units (Stars and Question Marks). Cash Cows ultimately bring balance and stability to a portfolio.
Option (d) Shiner. False .It does not exist
Option (e) Top dog. It is a product with low relative market share in a stagnant market.
Answers
Answer:
The current value of the stock is $3.63
Explanation:
The company's management does not expect to increase its dividend in the foreseeable future. It means that the dividend for this years (to be received after 1 years from today) is also $4.24
Future value (FV): $4.25
Rate: 17%
Present value (PV) = FV/(1+rate)^tenor
= 4.25/(1+17%) = $3.63