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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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The financial analysis component of a business plan is to describe _____.

umka2103 [35]

The financial analysis component of a business plan is to describe the viability, stability and profitability of a business, sub-business or project.
<span>It is an aspect of the overall business finance function which includes the examining historical data to acquire information about the current and future financial health of a company, business or project.</span>

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3 years ago

Lee is the product manager for a software program sold by Company ABC. In evaluating the product, Lee determines that something

dezoksy [38]

Answer:

Explanation: The marketing mix consists of a number of factors that a producer usually exploits in order to influence consumers to purchase his/her products and services.

The marketing mix consists of:

- Product

- Price

- Place

- Promotion.

The above are usually called the 4Ps of marketing.

Of the four factors of the marketing mix, the factor that will the easiest for Lee to change will be the price.

This is because, often times, the price of a product or service will be the major determinant in the success of said commodity, and this is due to the fact that customers will compare the product being offered with its price in order to judge whether the product is worthy of the value placed on it.

Therefore, in order for Lee to influence the potential customers to make purchases, the price of the software program will be the easiest to be reviewed, and it should be set to a level where potential customers will be influenced to exchange their money for the software program.

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3 years ago

________ seeks to better run an organization using complete and accurate information and management processes or controls.

Paha777 [63]

Answer:

Governance

Explanation:

Governance is a systematic way of how power is exercised for effective management of state/country economy and social resources for development of the state. Governance involved establishing policies and complete monitoring of the policies by the government using all legal tools permitted by the constitution of the state/country to seek accurate information and management control of resources in other to deliver good governance for the betterment of the people.

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3 years ago

Read 2 more answers

About 13 to 16 guests out of every 100 are purposefully out to scam us and get something for free.

Oxana [17]

Answer:

Find attached complete question with the multiple choices:

The correct answer is false

Explanation:

The statement implies that in an hospitality business,13% to 16% of the guests checked in, in order to be served for free.

Hospitality business sector prouds itself in having clients that have taste and want value for money,this is evident in their ability to make payments for hotel reservations prior to arrival,as a result ,it would be out of place to say 13% to 16% of such individuals want free service.

Everyone knows that such luxury of service comes at a premium price,it is not in anyway similar to buying a course online where to some extent you enjoy a free service(freemium) and expected to pay for any service above the minimum.

All in all,hospitality is pay as you go.

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3 years ago

The Peach Corporation provides restricted stock to certain executives. Under the plan, the company granted 30 million shares on

daser333 [38]

Answer:

1. Determine the total compensation cost pertaining to the restricted stock.

30 million x $14 = $420 million

2. Prepare the appropriate journal entries

December 31, Year 1:

Dr Stock compensation expense 105,000,000

Cr Additional paid in capital - restricted stock 105,000,000

December 31, Year 2:

Dr Stock compensation expense 105,000,000

Cr Additional paid in capital - restricted stock 105,000,000

December 31, Year 3:

Dr Stock compensation expense 105,000,000

Cr Additional paid in capital - restricted stock 105,000,000

December 31, Year 4:

Dr Stock compensation expense 105,000,000

Cr Additional paid in capital - restricted stock 105,000,000

January 1, Year 4, the stocks are handed out:

Dr Additional paid in capital - restricted stock 420,000,000

Cr Common stock 420,000,000

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3 years ago