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3 years ago

Which combination of factors would result in the lowest monthly mortgage payment?

1 answer:

8 0

The choices can be found elsewhere and as follows:

A.) Big down payment,a longer term loan, and a low interest rate
B.) Big down payment, a shorter term loan, and high interest rate
C.) Small down payment, a shorter term loan, and high interest rate
D.) Small down payment, a shorter term loan, and small interest rate

I think the correct answer is option A. It would be Big down payment,a longer term loan, and a low interest rate that would result in the lowest monthly mortgage payment. Hope this answers the question.

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How does a bond sale by the fed affect the money supply?

kumpel [21]

A bond sale is a debt investment that is given by an investor to a particular corporate or governmental entity and is payable over a period of time at a variable or a fixed interest rate. It can affect the money supply, or the money of the country, because it encourages debtors to keep loaning from the government to finance their personal interests.

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3 years ago

Read 2 more answers

Buying or selling stock is _____.

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INVESTING IS THE CORRECT ANSWER ]

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3 years ago

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Materials purchased on account during the month amounted to $190,000. Materials requisitioned and placed in production totaled $

svetoff [14.1K]

The entry to record the transaction for materials requisitioned by the production department is to

Debit WIP $156,000

Credit Materials $156,000

Organization accountants should account for direct and indirect materials one after the other. The magazine entry for direct substances, this is, substances that can be without delay traced to merchandise, is a debit to the paintings in technique and a credit to the raw materials inventory accounts.

To file materials used in manufacturing, a debit for the value of raw substances is made to the WIP inventory account and a credit score is made to the raw substances account. Exertion fees are spilt between direct and indirect labor.

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1 year ago

Regardless of the inventory costing system used, cost of goods available for sale must be allocated at the end of the period bet

MaRussiya [10]

Answer:

The correct answer is ending inventory and cost of goods sold

Explanation:

Cost of goods available for sale is defined as the maximum amount of the inventory or the goods which the company could possibly sell during the fiscal or accounting period.

The cost of goods which are available for sale need to be allocated among the cost of goods sold and the ending inventory at the end of the year, where the cost of goods equals to the cost of goods available for sale subtract the ending inventory.

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3 years ago

Tandy Company was issued a charter by the state of Indiana on January 15 of this year. The charter authorized the following: Com

Maslowich

Answer:

$327,400

Explanation:

Preparation of the stockholders' equity section of the balance sheet at the end of the year.

TANDY, INCORPORATED Balance Sheet (Partial) At December

TANDY, INCORPORATED

Balance Sheet (Partial)

At December 31, this year

Stockholders' equity:

Contributed capital:

Common stock $149,100

(21,300*$7)

Additional paid-in capital, common stock $106,500

[21,300 x (12-7)]

Common stock - Contributed capital $255,600

($149,100+$106,500)

Preferred stock $11,400

(1,900*$6)

Additional paid-in capital, Preferred stock $19,000

[1,900 x (16-6)]

Preferred stock - Contributed capital $30,400

($11,400+$19,000)

Total Contributed Capital $286,000

($255,600+$30,400)

Retained earnings $41,400

Total Stockholders' equity $327,400

($286,000+$41,400)

Therefore the stockholders' equity section of the balance sheet at the end of the year will be $327,400

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3 years ago