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2 years ago

If someone buys a home for $200,000 and makes a 20 percent down payment, that person will have to?

1 answer:

5 0

If someone buys a home for $200,000 and makes a 20 percent down payment, that person will have to pay $40,000 up front.

<h3>What is Down payment?</h3>

An advance, partial payment known as a down payment is made when buying expensive products or services like a home or a car.
Typically, it is paid in cash or an equivalent at the time the transaction is completed. The remaining payment must then be financed through a loan of some kind.

A greater down payment typically indicates that you are a less risky borrower, and a lower interest rate reflects a less hazardous borrower.
A lower interest rate will enable you to pay less interest overall and save you money on your monthly payment.

Learn more about down payment here:

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produces a single product. for the most recent year, the company's net operating income computed by the absorption costing metho

STALIN [3.7K]

Answer:

Hi, your question is incomplete, i tried to look for it online but i could not find it.

However, here below are some explanations on how to solve the problem question.

We can find the beginning inventory by reconciling the operating income computed by the absorption costing to the operating income computed by the variable costing.

The format of the Reconciliation is :

Absorption costing operating income

Add Fixed Manufacturing Costs in Opening Stock

Less Fixed Manufacturing Costs in Closing Stock

= Variable costing operating income

So the difference between operating income computed by the absorption costing and the operating income computed by the variable costing shows the change in inventory during the period.

Change in unit terms will be : Total Inventory Cost ÷ Unit Fixed Manufacturing Costs.

Now, possible scenarios with your question

IF ENDING INVENTORY IS AVAILABLE

We can add or subtract this change in units to the closing Inventory units to arrive to the beginning inventory units.

IF ENDING INVENTORY IS NOT AVAILABLE

The change in inventory units will be our only inventory during the period and this will also be the beginning inventory units.

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3 years ago

Although there are advantages and disadvantages to home-based workers for both the employer and employee the disadvantages to em

ella [17]

Explanation:

The disadvantages of home work can directly impact the employer, the employee and society by reducing the interaction of workers in the organizational environment.

Social interaction at work is an advantageous factor for the conception of new ideas, innovation, problem solving, and relationships that can encourage and motivate the performance of work.

For the worker, it can directly impact their motivation for work, which can generate stressful situations due to the lack of interaction with other co-workers. For the employer it can mean difficulties in coordinating and monitoring work, ineffective communication, etc.

For society, on the other hand, it can constitute significant changes in work, which can cause difficulties in interpersonal relationships, and difficulty for group living.

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3 years ago

Given below are several ratios. Select the accounts or amounts that would be used in order to calculate the ratio. You will have

Kamila [148]

Answer:

Total stockholders' equity.
Total liabilities.

Explanation:

The Debt to equity ratio shows the proportions of the financing options used to finance the operations of the company namely debt and equity.

It is calculated by the formula:

= Total liabilities / Total stockholders' equity * 100%

As shown by the formula , the relevant accounts are:

Total stockholders' equity.
Total liabilities.

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3 years ago

State tax officials, having had considerable success in persuading delinquent individuals to pay their back taxes through the in

Akimi4 [234]

Answer:

B) stiff fines are not the only way to collect past due corporate taxes

Explanation:

Collecting taxes is not an easy or inexpensive job. The IRS spends billions of dollars in order to collect taxes and the same applies to state taxing entities (at a smaller proportion).

So if state tax official can find a way to collect past due taxes then it should always be a good idea. Everyone loves a discount and corporations probably love discounts more. If the reduction or elimination of fines will make corporations pay their state taxes, then it's a great idea.

It's always better to collect $100 in taxes than to have $200 in past due taxes that aren't collected.

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3 years ago

(Advanced analysis) The following equations give information for a private open economy.

loris [4]

Answer: Trade Deficit ($10 Billion).

Explanation:

C=40+0.8Y

Ig=$40 billion

X=$20 billion

M=$30 billion

where,

Y - GDP

C - Consumption

Ig - Gross investment

X - Exports

M - Imports

Balance of trade or Trade balance = Exports - Imports

Since, Imports are greater than the exports, so the nation is experiencing a trade deficit.

Trade deficit = Imports - Exports

= $30 - $20

= $10 billion

6 0

4 years ago