2 years ago

Normally, mortgage brokers have nothing to lose by encouraging you to get a bigger loan than you may be able to afford.

Business

1 answer:

jasenka [17]2 years ago

3 0

The answer is true because

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Last year Rocco Corporation's sales were $225 million. If sales grow at 6% per year, how large (in millions) will they be 5 year

cupoosta [38]

Answer:

b. $301.10

Explanation:

Current Sales = P = $225,000,000

Growth rate = g = 6%

Number of year = 5 years

Using simple growth formula we will find the Sales value after 5 years.

Future Sales = Current Sale ( 1 + growth rate )^Number of years

A = P ( 1 + g )^n

A = 225,000,000 x ( 1 + 0.06 )^5

A = 225,000,000 x 1.33823

A = 301,101,750 = 301.10175 Million

So, the correct option is b. $301.10.

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3 years ago

Beginning inventory for the month contained 2,000 units that were 70 percent complete with respect to materials. During the mont

pickupchik [31]

Answer:

a. 60,600

Explanation:

Given,

The number of units completed and transferred out = 6000,

Ending inventory = 3,000,

Percentage of completed units with respect to materials = 20%,

So, the additional completed units = 20% of 3000

$=\frac{20\times 3000}{100}$

$=\frac{60000}{100}$

= 600

Hence, the weighted average equivalent units of production for materials for the month = 60,000 + 600

= 60, 600

OPTION A would be correct.

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3 years ago

Why are both non excludability and non rivalry important elements of public goods?

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Because all people ( the public ) can fully enjoy this good/service without competing for it.

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3 years ago

What Amendments make up what are known as the Miranda Rights?

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I believe its B) the fourth and fifth

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