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3 years ago

The biggest factor in determining the price of a mortgage is :

Business

2 answers:

djyliett [7]3 years ago

4 0

I believe the answer is: D the total cost of the home

Average mortgage price in united states is between 3-6% of the total cost of the home. While other options above might influence the cost of the mortgage, the amount wouldn't even nowhere near the amount that influenced by the total cost of the home which most likely exceed $100,000

Dafna11 [192]3 years ago

3 0

Answer:

The correct option is B

Explanation:

Interest rate is the biggest factor because if you dont find a low interest rate when buying a house, you will end up paying much more than the total cost of the house.

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Do you think that tax cuts increase economic growth and taxable income so much that tax revenue increases? Or do you think that

algol13

Answer:

lowering taxes raises disposable income allowing the consumer or adult to spend additional sums.

8 0

3 years ago

A risk management program must be implemented and periodically monitored to be effective. This step requires the preparation of

Ann [662]

Answer: The ability to see risks that are not predicted and accessing funds from financial institutions

Explanation:

Here are some of the benefits of well-prepared risk management policy statement;

1) The ability to see risks that are not expected; a team of experts would be engaged to identify and give an overview of all forms of risk that could be possibly involved.

2) The organization attracts credit easily; Organisations attract credit from financial institutions when they are able to provide assessments that they carried out regarding risks. This gives the client's confidence that they can entrust their finance to the organization due to the firm have considered all forms of pending failures and that which would occur.

6 0

3 years ago

Sales total $500,000, and fixed costs total $300,000. The contribution margin ratio is 68%. Profit = $

marin [14]

Profit = $40,000

Given,

Total sales are $500,000

Total fixed costs are $300,000

Contribution margin ratio is 68%

Solution:

Profit = Total Sales × Contribution margin ratio − Total Fixed costs

= $500,000 × 68% − $300,00

=$340,000 −$300,000

Profit =$40,000

Profit:

Profit; also known as net income is the financial gain acquired when the amount of revenue generated by a company exceeds costs and expenses. Profit is the bottom line of a company′s income statement that shows the financial performance during the period.

Learn more about contribution margin :

brainly.com/question/18594744

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8 0

1 year ago

The following data were taken from Alvarado Company's balance sheet: Dec. 31, 2019 Dec. 31, 2018 Total liabilities $4,085,000 $2

Rudik [331]

Answer:

Dec. 31, 2019 Ratio to Liabilities to Owner's Equity = 0.95

Dec. 31, 2018 Ratio to Liabilities to Owner's Equity = 0.80

Explanation:

given data

Dec. 31, 2019

total liabilities = $4,085,000

Total owner's equity = 4,300,000

Dec. 31, 2018

total liabilities = $2,880,000

Total owner's equity = 3,600,000

to find out

Compute the ratio of liabilities to owner's equity

solution

we know that here Ratio to Liabilities to Owner's Equity is Total Liabilities divide Total Owner's Equity ....................1

now put here value for both 2018 and 2019 from equation 1

so for Dec. 31, 2019

Ratio to Liabilities to Owner's Equity = $\frac{4085000}{4300000}$

Ratio to Liabilities to Owner's Equity = 0.95

and for Dec. 31, 2018

Ratio to Liabilities to Owner's Equity = $\frac{2880000}{3600000}$

Ratio to Liabilities to Owner's Equity = 0.80

6 0

3 years ago

Fill in the blanks to complete the sentence. A manufacturing company has budgeted production at 5,000 units for May and 4,400 un

GarryVolchara [31]

Answer:

Direct material purchases in May = 21,670× $10= $216,700

Explanation:

Material purchase budget is determined by adding the closing inventory of material to the material usage budget less the opening inventory.

Material budgets for May will be prepared as follows:

Materials needed for May production = 5,500 × 3 = 16,500

Materials needed for June production = 4,400× 3= 13,200

Closing inventory of raw material in May =60% × June requirement = 60% × 13,200 =7,920

Material purchase budget for February = Usage budget + closing inventory - opening inventory

= 16,500 + 7,920- 2,750=21,670

Direct material purchases in May = 21,670× $10= $216,700

3 0

3 years ago