Settlement costs associated with obtaining ownership of the property should not be included in the calculation of effective borrowing cost (EBC).
Effective borrowing cost (EBC) is a measure used to estimate the true cost of borrowing. It includes various expenses associated with obtaining a mortgage loan. However, settlement costs related to property ownership should not be included in the calculation of EBC.
Settlement costs typically include expenses such as property transfer taxes, title insurance, appraisal fees, and attorney fees. These costs are associated with the transfer of ownership and are not directly related to the borrowing process. Therefore, they should be excluded from the calculation of EBC.
When calculating EBC, the focus is on up-front expenses directly tied to obtaining the mortgage. These expenses may include loan origination fees, discount points, credit report fees, and appraisal fees related to the mortgage application and approval process. These costs are directly associated with the borrowing aspect and should be considered in the calculation of EBC.
Based on the explanation and calculation, settlement costs associated with obtaining ownership of the property should not be included in the calculation of effective borrowing cost (EBC). Only up-front expenses specifically related to obtaining the mortgage should be considered when estimating the EBC.
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A general rule of thumb is to keep your credit utilization rate at 30% or lower. What is your approximate credit utilization rate for this current billing cycle? (Hint: Credit Utilization Rate = Balance / Credit Limit)
Answer:
90%
Explanation:
The visual enhancement of any drawing through color, value, and texture
Answer:
That would be the composition of a work.
Source:
"The arrangement of elements within a work of art."
https://www.tate.org.uk/art/art-terms/c/composition
Which factor played the most important role in the expansion of economle
connections between countries since the mid-20th century?
A. Rapid inflation in most countries
B. International efforts to protect the environment
C. Advances in technology
D. Reduced trade between neighboring countries
To determine a credit score, debt, available credit and total assets are all part of the
calculation. It is important to have the ability to calculate total assets to improve a credit
score. The Smith family has a net worth of $100,000 and liabilities equaling $67,000, what is
the amount of their assets?
$100,000
O $67.000
O $33,000
O $167,000
Answer:
Net assets of smith family = $167,000
Explanation:
Given:
Net worth of smith family = $100,000
Net liabilities of smith family = $67,000
Find:
Net assets of smith family
Computation:
Net assets = Net worth + Net liabilities
Net assets of smith family = Net worth of smith family + Net liabilities of smith family
Net assets of smith family = $100,000 + $67,000
Net assets of smith family = $167,000
PLEASE HELP I NEED THIS DONE REALLY SOON CORRECT ANSWER GETS BRAINLIEST <3 <3 <3
Match each question to its corresponding financial plan component.
What is related to the likelihood of loss?
How am I progressing toward my goals?
How much do I spend?
What options can I use to put off paying taxes until later?
How much risk am I willing to take in order to get great returns?
How much money do I need to reserve for unforeseen expenses?
What is the interest rate?
These are all of the options: budgeting, investing money, communication and recordkeeping, managing risk, planning for retirement, managing liquidity, financing large purchases.
A - What is related to the likelihood of my loss?
B - Budgeting
-------------------------------------------------------------------------
A - How am I progressing toward my goals?
B - Investing Money
-------------------------------------------------------------------------
A - How much do I spend?
B - Communication and Recordkeeping
-------------------------------------------------------------------------
A - What options can I use to put off paying taxes until later?
B - Planning for retirement
-------------------------------------------------------------------------
A - How much risk am I willing to take in order to get great returns?
B - Managing risk
-------------------------------------------------------------------------
A - How much money do I need to reserve for unforeseen expenses?
B - Financing large purchases
-------------------------------------------------------------------------
A - What is the interest rate?
B - Managing Liquidity
hi ik someone is going to report but i just want to say hi
Lol, mood. Hi! I am literally so bored to. Anyways hope you have a good day!
:) :) :)
Does it matter how much money you make in your career?
Answer:
Yes,it does matter how much money you make in your career
write on perfect competition
outline 2 advantages to H&H of using secondary market research
When the price of chocolate-covered peanuts decreases from $1. 10 to $0. 95, the quantity demanded increases from 190 bags to 215 bags. If the price is $1. 10, total revenue is _____, and if the price is $0. 95, total revenue is _____
When the price of peanuts decreases from $1. 10 to $0. 95, the quantity increases from 190 bags to 215 bags. If the price is $1. 10, total revenue is $209, and if the price is $0. 95, total revenue is $202.25 .
To calculate total revenue, we multiply the price of the product by the quantity demanded. Total revenue can be seen as a measure of a firm's sales and the total amount of money that it receives from the sale of its goods or services.
At a price of $1.10, the total revenue is:
$1.10 x 190 bags = $209.00
At a price of $0.95, the total revenue is:
$0.95 x 215 bags = $202.25
So when the price decreases from $1.10 to $0.95, the total revenue decreases from $209.00 to $202.25.
This may seem counterintuitive, but it is important to remember that the decrease in price led to an increase in quantity demanded, and even though the price per unit is lower, the overall revenue has decreased because the firm is selling a larger quantity of the good at the lower price.
In conclusion, the law of demand is a key concept that helps to explain how changes in price affect the quantity demanded for a good or service, and how these changes can impact a firm's total revenue.
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employee income tax depends on: (check all that apply). multiple select question. number of employee withholding allowances employee's income number of employer withholding allowances employer's income
In a typical firm, the employee income tax depends on:
C. employee's income D. withholding allowances.What is an employee income tax?Basically, an income tax refers to a tax imposed on individuals or entities in respect of the income earned by them. It is generally is computed as the product of a tax rate times the taxable income and the taxation rates may vary by type or characteristics of the taxpayer and the type of income. The amount of an employee's income tax depends on their gross income, the number of people you support and other expenses they pay. as well.
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Which factors can affect a stock's price? Check all that apply.
market performance
the company's financial health
the quantity products produced
location of the company
the economy
Answer:
market performance
the company's financial health
the economy
Explanation:
Stocks or shares represent small units of ownership in a business. The stocks of a public limited company are traded in the stock exchange markets. Investors trading shares are guided by the potential to make profits in deciding what shares to buy.
Share that shows signs of good returns attract many buyers. Investors will focus on a company's financial health as presented in financial statements, the overall state of the economy, and the general market performance to evaluate profits potential. If the conditions are favorable, a stock price will always be rising and present opportunities for profits.
Answer:
1, 2, 5
Explanation:
Government regulations help balance negative externalities such as: Multiple Choice No smoking rules enforced to mitigate the effects of second-hand smoke. Gender controls over alcohol purchases and consumption. Drug testing at private businesses. Age restrictions for Social Security recipients.
Government regulations help balance negative externalities such as no smoking rules enforced to mitigate the effects of second-hand smoke.
What is negative externality?Negative externality is when the activities of producers or consumers negatively affect third parties not involved in production or consumption activities.
For example, smoking affects those who are not smoking. They are affected by the second-hand smoke. To prevent this, no smoking rules can be enforced.
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Which details apply to a financing contract? Check all that apply.
requires a credit check
are always less expensive than using a credit card
includes interest rate information
requires a signature for rent-to-own agreements
can be broken at any time
The details apply to a financing contract - requires a credit check, includes interest rate information and requires a signature for rent-to-own agreements.
Finance contracts, also known as financial services contracts, are contracts used in securities law to allow for individually negotiated agreements involving commodities, securities, currencies, or other economic or financial interests.
A financial contract is a transaction between parties involved in the financial markets that takes the form of an independently arranged agreement, contract, or option to sell, buy, swap, lend, or repurchase.
Commercial advance payments and commercial interim payments are two types of contract financing payments for commercial item purchases.
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Answer:
1,3,4
Explanation: Anytime you apply for credit, there's always some type of credit check. Interest is sometimes applied as a means for the creditor to make money off the transaction. Rent to own is never a good thing but needed in cases of low or no credit.
In a promotion mix, ________ performs the functions of building a good rapport with entities outside the company, building up a good corporate image, and handling unfavorable rumors and events.
In a promotion mix, public relations (PR) performs the functions of building a good rapport with entities outside the company, building up a good corporate image, and handling unfavorable rumors and events. PR involves creating and disseminating information about the company's activities, products, and services to the public through various channels, including media relations, social media, and events.
PR professionals use their skills to manage the company's reputation, respond to negative feedback, and maintain positive relationships with stakeholders, including customers, investors, and employees. Effective PR can enhance brand awareness, increase customer loyalty, and improve the company's bottom line.
In a promotion mix, "public relations" performs the functions of building a good rapport with entities outside the company, building up a good corporate image, and handling unfavorable rumors and events. Public relations involves managing communication between the organization and its various stakeholders to create and maintain a positive reputation.
This is achieved through activities such as press releases, events, media relations, and community involvement. By effectively utilizing public relations in the promotion mix, companies can establish trust and credibility with their target audience, leading to increased brand awareness and overall success.
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lacey is in the market for a used lawn mower. she is willing to pay $800 $ 800 . what is lacey's economic surplus if she buys a lawn mower for $500 $ 500 ?
Lacey's economic surplus is $300 if she buys a lawn mower for $500.
What is economic surplus?Economic surplus, often referred to as consumer surplus, is a term used in economics to describe the discrepancy between what a consumer is prepared to pay and the amount they actually pay for a commodity or service. It stands for the added value or benefit that customers get in addition to the price they actually paid for a good or service.
In other words, economic surplus is the difference between what consumers would be ready to spend overall on a good or service and what they actually end up paying in the market. It is determined as the region up to the quantity purchased that is above the market price and under the demand curve.
According to question:
Lacey's economic surplus is the difference between the maximum amount she is willing to pay ($800) and the actual price she pays for the lawn mower ($500).
Economic surplus = Maximum amount willing to pay - Actual price paid
Economic surplus = $800 - $500
Economic surplus = $300
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What is a special event that is for people outside a company, such as customers, potential customers, and the public? A. Product launch B. Sales event C. External event D. Internal event
Answer:
external event
Explanation:
external means outside of
A special event that is for people outside a company, such as customers, potential customers, and the public is an External event. Thus the correct option is C.
What is a Customer?A customer is referred to as an individual who purchases a product or service. He may or may not be the consumer. A consumer refers to a person who utilizes or consume goods and service.
The events which are conducted outside the organization are mainly for Stakeholders of the business who helps the business to grow and by incresing sales.
A group of persons deemed likely to patronize a company is known as the target audience. Similar demographic qualities are present in target audiences. To convince a significant number of people, external events are planned.
Therefore, option C is appropriate.
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A car company is testing a new type of tire. They want to determine the average stopping distance in light rain, light snow and dry conditions. They test out tires on four randomly selected cars from the lot. They want to know if the stopping distance is significantly different under the three conditions. What is the factor?.
Road conditions is the factor
the distance required for a driver to stop a car completely and safely. The distance a vehicle travels after the driver applies the brakes until it actually comes to a complete stop is known as the braking distance. To protect the safety of drivers, passengers, and pedestrians when Total Stopping Distance is raised, drivers must modify their driving style. The distance a vehicle will travel between when its brakes are completely engaged and when it comes to a complete stop is referred to as the braking distance. Your braking distance is the distance it takes your car to stop completely after you first use the brakes.
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Martin is a credit counselor working with a client, Kim, who is in serious financial trouble. Kim is hesitant because she has a long way to go and a lot of work to do before she can be financially healthy again. What is the best way for Martin to explain the next steps to her?
A.) Martin should present the information in small manageable steps rather than give her a lengthy to-do list.
B.) Martin should make a list of tasks that must be completed and do them for her, since he is an experienced professional.
C.) Martin should compile a list of all the tasks that Kim must complete and suggest that she report back to him after she is finished.
D.) Martin should not encourage her to do anything she is reluctant to do, even if it means salvaging her financial life in the long term
Answer:
C
Explanation:
C la respuesta es la C ya que
What is the variable cost of a business if its fixed cost is $8900 and its total costs are $14,000?
The variable cost of the business is $5,100.
How to determine the variable costTo determine the variable cost of a business, we need to use the formula:
Total cost = Fixed cost + Variable cost
We can rearrange this formula to solve for the variable cost:
Variable cost = Total cost - Fixed cost
Substituting the given values, we get:
Variable cost = $14,000 - $8,900
Variable cost = $5,100
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Answer:
The company's variable cost is $5,100.
Explanation:
what is the taxable equivalent yield on a municipal bond with a yield to maturity of 4 percent for an investor in the 28 percent tax bracket?
Taxable Equivalent yield on a municipal bond with a yield to maturity of 4 percent for an investor is 5.56 percent.
To calculate the taxable equivalent yield on a municipal bond with a yield to maturity of 4 percent for an investor in the 28 percent tax bracket, we can use the following formula:
Taxable equivalent yield = Municipal bond yield / (1 - Marginal tax rate)
In this case, the municipal bond yield is 4 percent, and the investor's marginal tax rate is 28 percent. Plugging these values into the formula, we get:
Taxable equivalent yield = 4% / (1 - 0.28) = 5.56%
Therefore, the taxable equivalent yield on the municipal bond for an investor in the 28 percent tax bracket is 5.56 percent. This means that a taxable investment would need to earn a yield of 5.56 percent to generate the same after-tax return as the tax-free yield of 4 percent on the municipal bond.
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1. An agent is contacted by an out-of-state couple who wish to sell a local home that they have recently inherited. The couple suggest a listing price of $80,000 and indicate that they wish to sell in a hurry. The agent, who knows that homes in that area of town have been selling in the $125,000 price range, should
A. Suggest a market analysis to determine the price prior to listing the home.
B. Accept the listing at $80,000 because it will probably result in the quick sale the couple wants.
C. Secure a net listing.
D. Explain to the couple that, even without looking at it, the location alone would suggest that the home must be worth at least $120,000.
An agent is contacted by an out-of-state couple who wish to sell a local home that they have recently inherited. The couple suggest a listing price of $80,000 and indicate that they wish to sell in a hurry.
The agent, who knows that homes in that area of town have been selling in the $125,000 price range, should suggest a market analysis to determine the price prior to listing the home.The agent should suggest a market analysis to determine the price prior to listing the home.
A market analysis, also known as a comparative market analysis, is a real estate report that shows information on the most current sales of similar properties within the neighborhood. This report helps determine the approximate value of the property and makes it easier to set an appropriate listing price that falls in the range of comparable properties.
So, in this case, it would be wise for the agent to do a market analysis to determine the actual value of the home in order to decide whether the suggested price by the couple is appropriate.
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a popular celebrity is endorsing a new brand of athletic shoes. athletic shoemakers learn that they could make more money if they switched their production to making dress shoes (athletic shoes).
The decision to switch production from athletic shoes to dress shoes based solely on the endorsement of a popular celebrity is not recommended.
While celebrity endorsements can be effective marketing tools, it is important to consider the long-term viability and sustainability of the product line. A sudden shift in production may lead to a lack of expertise and resources in the dress shoe market, potentially resulting in lower quality products and decreased consumer trust.
Additionally, athletic shoe makers may risk losing their established customer base who rely on their expertise in athletic footwear. Before making any significant changes, thorough market research and analysis should be conducted to ensure that the decision aligns with the company's goals and strengths.
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Assume that the aggregate supply curve is upward sloping. If both aggregate supply and aggregate demand increase, what will happen to the equilibrium output and price level?
If both aggregate supply and aggregate demand increase, the equilibrium output will increase while the impact on the price level will depend on the magnitude of the changes in supply and demand.
When both aggregate supply and aggregate demand increase, it creates upward pressure on both output and price level. However, the extent to which the price level changes will depend on the relative magnitude of the shifts in supply and demand.
If the increase in aggregate supply exceeds the increase in aggregate demand, the equilibrium output will increase, but the price level may experience a decrease or a smaller increase. This is because the increase in supply allows for greater production and output without putting significant upward pressure on prices.
Conversely, if the increase in aggregate demand exceeds the increase in aggregate supply, the equilibrium output will increase, but the price level is likely to rise as well. This is because the increase in demand creates stronger competition for goods and services, leading to upward pressure on prices.
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what is 4/8 = ??????????????????????
Answer:
4/8 is equivalent to 1/2
Explanation:
Hope it helps a lot :]
Answer:
4 divided by eight? if this is the question then the answer is 1/2
Explanation:
let me know if that was what you were asking
Write about the ways to maintain a positive body
image.
What I Should Do to Maintain a Positive Body Image
Answer:
Eat Healthy
Maintain a good diet
Meditate
Practice self confidence
Work out
Stay positive
Have a healthy mental state
Toni Nicolet's
checking account balance on Monday, April 13, is $540; her savings balance is $980. On
Tuesday, April 14, she made an ATM withdrawal from checking of $86. On April 15, Toni plans to make
these online payments: income tax bill, $823, utility bill, $98, and charge account bill, $127. How much
money, if any, will Toni have to transfer into her checking account from savings to cover the online
payments and leave a balance of $50 in the checking account?
Answer:
$644
Explanation:
Toni has a balance of $540 on her checking account
She made an ATM withdrawal of $86
The balance on her checking account after withdrawal is
= $540 - $86
=$454
Toni intended to pay online payments on Arpril 15. The total of the payments
=$823 + $98 + $127
=$1048
It means Toni has a deficit of
=$454- $1048
=($594)
If Toni desires a balance of $50 after payments, she must withdraw 594+50 from the savings account.
=596 + 50
=$644
On March 1, the Mixing Department had 550 rolls of paper in process. During March, the Mixing Department completed the mixing process for those 550 rolls and also started and completed the mixing process for an additional 4,150 rolls of paper. The department started but did not finish the mixing process for arn additional 500 rolls, which were 20% complete with respect to both direct materials and conversion work at the end of March. Direct materials and conversion costs are incurred evenly throughout the mixing process.
Direct Direct Manufacturing Total
Materials Labor Overhead Allocated Costs
Beginning inventory, Mar. 1 $280 365 $ 4,125 180
Costs added during March 5,720 3,250 825 13,095
Total costs $6,000 4,490 3,430 13920
Journalize all transactions affecting the company's mixing process during March.
Prepare the journal entry to record the cost of the units completed and transferred out of the Mixing Department.
For the Mixing Department, the following journal entries are prepared.
Journal Entries:
1. Debit Work in Process $13,095
Credit Direct materials $5,720
Credit Direct labor $4,125
Credit Manufacturing overhead $3,250
To record costs of materials, labor, and manufacturing overhead allocated.2. Debit Transfer out $13,630
Credit Work in Process $13,630
To record the cost of units completed and transferred out.Data and Calculations:
Direct Direct Mfg o/h Total
Materials Labor Allocated Costs
Beginning inventory $280 $365 $180 $825
Costs added in March 5,720 4,125 3,250 13,095
Total costs $6,000 $4,490 $3,430 $13,920
Physical Direct Conversion
Units Materials Costs
Units to account for:
Beginning Work in process 550
Started in March 4,650
Total units to account 5,200
Completed & transferred 4,700
Ending work in process 500
Units accounted for:
Ending work in process 500 100 (20%) 100 (20%)
Completed & transferred 4,700 4,700 (100%) 4,700 (100%)
Total equivalent units 4,800 4,800
Direct Conversion Total
Materials Costs Costs
Costs to account for:
Beginning inventory $280 $545 $825
Costs added in March 5,720 7,375 13,095
Total costs $6,000 $7,920 $13,920
Total equivalent units 4,800 4,800
Cost per equivalent unit $1.25 $1.65
($6,000/4,800) ($7,920/4,800)
Costs accounted for:
Completed & transferred $5,875 $7,755 $13,630
(4,700 x $1.25) (4,700 x $1.65)
Ending inventory $125 $165 $290
(100 x $1.25) (100 x $1.65)
Total costs accounted $6,000 $7,920 $13,920
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do this document and I will give you 100 points send it back to me completed all the directions are on here.
Answer:
I like chicken
Explanation:
Instead of spending the weekend working on the research paper due at the end of next week sam decided to spend the weekend going out to have fun with friends according to freudian theory which system dominated in sams decisions
Answer:
the id
Explanation:
In simple words, the id can be understood as the root of all psychological bravery, as per Freud 's philosophy, rendering it the essential component of identity. The ID is motivated by the concept of immediate satisfaction of all wishes, desires and desires. If these needs are not immediately fulfilled, the effect is a state of discomfort or stress.
Thus, from the above we can conclude that the correct answer is the id.