Answer:
$93,000
Explanation:
Data provided in the question:
selling cost of the property = $350,000
Earnest money paid = $12,000
Percentage of loan obtained = 70%
Now,
The amount of loan obtained = 70% of $350,000
= $245,000
Therefore,
Amount to be paid by self
= selling cost of the property - amount of loan obtained
= $350,000 - $245,000
= $105,000
Thus,
Additional cash the buyer will have to bring to the closing day
= Amount to be paid by self - Earnest money paid
= $105,000 - $12,000
= $93,000
Answer:
Option C is the correct option.
Explanation:
As the rights and obligation of the antique rocking chair are been passed to third party, so the damage caused by the checque been bounced is the monetry consideration agreed between the party to the contract, McGraw and Tellis. So Tellis may recover money damages from McGraw. However there is a special condition that can allow Tellis recover his asset from Rio if the third party knew before purchase of this asset, that the checque paid to Tellis by McGraw was dishonoured but still he contracted with McGraw to acquire the antique rocking chair.
Overall the option C is the correct option with which the case scenario relates.
It should be noted that when an individual claims 0 on their tax, then such a person is having the largest amount that will be withheld from their paycheck.
<h3>What is a tax? </h3>
Your information is incomplete as you didn't give enough information. Therefore, an overview of tax will be given. A tax is a compulsory levy that's paid to the government.
In a situation when an individual claims 0 on their tax, then such a person is having the largest amount that will be withheld from their paycheck for federal taxes.
When the goal of the person is to receive a larger tax refund, then it's best that the person claims 0.
Learn more about tax on:
brainly.com/question/25783927
Answer:
The Capacity utilization rate is 73.94 units per hour for the month.
Explanation:
Provided data,
Output rate = 160 units per hour
In the month of July,
Total production hour = 295 hours.
Total units = 34900 units.
Ideal output units in the month of July = output rate × total production hour
= 160 × 295
= 47200 units.
Capacity utilization rate of production shop is given by,
Utilization rate = (output unit in July ÷ idea output) × 100
= (34900 ÷ 47200) × 100
= 0.7394 × 100
= 73.94 units per hour
So, the Capacity utilization rate is 73.94 units per hour for the month.
Answer:
D) Sinking fund
Explanation:
A sinking fund is an account established to be used in the settling of debts. The corporate or institution that creates a sinking fund deposits money regularly as a way of saving it for future debt payments. A sinking fund, is in away a savings account that accumulates funds for repaying large and future debts.
Municipal authorities use sinking funds to pay their bond expenses when they mature. The municipal contributes funds in the years leading to the bond's maturity. Sinking funds gives confidence to investors that the municipal will not default on its payments.
