Answer:
D. how much the person has borrowed compared to how much he or she earns
Explanation:
A person's debt-to-income ratio, abbreviated as DTI, is a measure of a person's monthly debt obligation against their monthly gross income. It shows the fraction or percentage of gross income that is committed to debt repayments. Lenders use the debt-to-income ratio to assess a borrower's ability to repay future loans.
Calculating the debt-to-income ratio requires one to add up all their existing loan repayments and divide that figure with their gross income. Lenders insist on a ration that does not exceed 36% as per the 28/36 rule.
An ethical dilemma is a complex situation that often involves an apparent mental conflict between moral imperatives, in which to obey one would result in transgressing another.
Answer:
The amount of depreciation expense on the consolidated income statement is $144,375
Explanation:
The computation of the depreciation expense is shown below:
Excess depreciation arise on gain on sale of asset is
= ($125,000 - $80,000) ÷ 8 years
= $5,625
Now the Consolidated depreciation is
= $86,000 + $64,000 - $5,625
= $144,375
Hence, the amount of depreciation expense on the consolidated income statement is $144,375
Answer:
D) They had a unilateral, express agreement.
Explanation:
In a unilateral contract, the offeror makes an express promise without a reciprocal agreement from another party. The offeror's express promise of payment requires that the other party performs.
In this case, professor Debby made an express promise to pay $50 to anyone that mowed her yard, and Max performed the yard mowing, therefore he is entitled to payment.
Answer:
Being a low-wage worker
Being chronically ill
Explanation:
Health insurance can be regarded as
type of insurance coverage which is responsible for typically pays for services such as medical as well as surgical and prescription drug also dental expenses that is been incurred by the person that insured himself with the company. It should be noted that some situation can make a person less likely to have health insurance such as;
✓Being a low-wage worker
✓Being chronically ill
