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Marrrta [24]
2 years ago
9

Broker Eric secure the loan for buyer Paul the fees that Eric charges Paul for making the loan could be which of the following a

mounts
Business
1 answer:
Ahat [919]2 years ago
4 0

The fees that Broker Eric most likely charged Paul for making the loan is $390.

<h3 /><h3>What amount did Broker Eric charge?</h3>

While brokers are allowed to charge fees on helping their clients to acquire loans, this amount shouldn't be too high. 5% on a loan and $750 are considered to be too high.

The most likely amount that Broker Eric charged would have been $390 which is reasonable based on most loan amounts.

Options for this question are:

a. $390

b. 5% of the principal

c. $750

d. Actual costs under $700

Find out more on broker fees at brainly.com/question/16203925.

#SPJ1

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A company recently announced that it would be going public. The usual suspects, Morgan Stanley, JPMorgan Chase, and Goldman Sach
nignag [31]

Answer:

42.5

Explanation:

The computation of the expected value is shown below:

= Low price range × chance percentage +  high price range × chance percentage +  most likely price range × chance percentage

= $5 billion × 20% + $100 billion × 10% + $45 billion × 70%

= $1 + $10 + $31.5

= 42.5

Basically we multiplied each one with its chance percentage

5 0
3 years ago
Samson's purchased a lot four years ago at a cost of $398,000. At that time, the firm spent $289,000 to build a small retail out
vladimir1956 [14]

Answer:

initial cash flow is 2,929,000

Explanation:

Attached is the table

3 0
3 years ago
Your company, a small start-up corporation, buys raw materials from Regina Fabrics on credit. Because her company has had severa
Goryan [66]

Answer: See explanation

Explanation:

I believe that the main thing here that can favor my company is if there's documentation for every process involved with my dealings with Regina Fabrics.

This could have been solved if she didn't reject the cash that was offered to her company after two months, so there should be a formal documents that shows that she rejected the cash which should be acknowledged and signed by her. Also, the monthly payments received by her should be documented as well.

With regards to the above, if there is a formal documentation in place, then I won't have to pay as the guaranty but if this isn't in place, then I may have to pay since there won't be evidences against her.

8 0
3 years ago
A Company just starting in business purchased three merchandise inventory items at the following prices. First purchase $80; Sec
gogolik [260]

Answer: $65

Explanation: Under the FIFO method, that is, first in first out method inventory is recorded on the assumption that the goods that were purchased first will also be sold first and the remaining inventory will have the latest purchased units.

So, in the given question the two units sold would be costing $80 and $95

Hence,

Gross profit = $240 - ($80 + $95)

                    = $65

3 0
3 years ago
Mullineaux Corporation has a target capital structure of 64 percent common stock, 9 percent preferred stock, and 27 percent debt
nlexa [21]

Answer:

10.02%

Explanation:

The computation of the WACC is shown below. The formula of WACC is shown below:

= (Weightage of debt × cost of debt)  + (Weightage of preferred stock) × (cost of preferred stock) + (Weightage of  common stock) × (cost of common stock)

= 27% × 7.6% × (1 - 0.40) + 9% × 5.9% + 64% × 12.9%

= 2.052% × (1 - 0.40) + 0.531% + 8.256%

= 10.02%

8 0
3 years ago
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