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Ipatiy [6.2K]
3 years ago
10

Carrie bought a house 5 years ago for $200,000. at that time, she borrowed $195,000 from her bank. the house is now worth $225,0

00. her pmi will automatically be dropped when her mortgage balance drops to
Business
1 answer:
jenyasd209 [6]3 years ago
5 0
<span>Her PMI will automatically be dropped when her mortgage balance drops to 78% of the home's ORIGINAL value of $200,000. The new value of the home is not relevant.</span>
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4 years ago
Kiddie World uses a periodic inventory system and the retail inventory method to estimate ending inventory and cost of goods sol
Sedbober [7]

Answer:

1. Cost to retail ratio = Cost of goods available for sale/ Retail value of goods available for sale

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2. Ending Inventory Retail Value = Retail value of goods available for sale-Sales value at retail = $1935000 - $1265000 = $670,000

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3 years ago
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3 years ago
· Hope's contribution to her RETIREMENT plan...
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Based on Hope's check, her contribution to her RETIREMENT plan b. is pre-tax and therefore not included in federal income taxes.

<h3>What does the check say?</h3>

The check notes that Hope's retirement contribution is not included in her federal taxable income.

This means that the contribution is paid pre-tax and will not be liable for federal income taxes. She will most probably pay taxes on the retirement fund when she withdraws from it.

Find out more on retirement contributions at brainly.com/question/6806179.

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2 years ago
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