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SashulF [63]
3 years ago
12

If you purchase a house worth $110,000 and make a 10% down payment, how much would 1 point cost at closing?

Business
1 answer:
Shtirlitz [24]3 years ago
8 0
13250 b 5040 c 3710 d 2800 e none ans c chapter
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On December 15, 2021, Rigsby Sales Co. sold a tract of land that cost $3,300,000 four $5,000,000. Rigsby appropriately uses the
Flura [38]

<u>Solution and Explanation:</u>

Installment Receivables (Net) of $2,905,600

Basis  Particulars                                         Debit  Credit

Sale:-  Instalment Receivables  $5,000,000  

         Inventory                                               $3,200,000

 Deferred gross profit                                                  $1,800,000

Payment:-  Cash                         $4,90,000  

Instalment Receivables                                     $4,90,000

Deferred Gross profit                 $165,600  

Realised Gross profit                                              $165,600

Instalment Receivables ($5,000,000 minus $490,000) = $4,510,000

Deferred gross profit ($1,800,000 minus $165,600) = $1,634,400

Instalment Receivables (Net) = $2,875,600

8 0
3 years ago
An auto analyst is conducting a satisfaction survey, sampling from a list of 10,000 new car buyers. The list includes 2,500 Ford
Ghella [55]

Answer:

No

Explanation:

Simple random sampling gives each member in the entire population an equal opportunity to be included in the sample. The technique removes bias in the selection procedure. It applies where a small number would adequately represent the entire population.

The procedure described in this case is a deviation of simple random sampling. It is stratified random sampling.

In stratified random sampling, the population is first divided into subgroups based on shared characteristics. The researcher uses simple random sampling to select representatives of each group in the sample population.  The techniques ensure each group is fairly represented in the research.  

Subdividing vehicles by their make is creating strata or subgroups.

3 0
3 years ago
I sent a survey to severalpersonnel departments to determine how many companies use online job resources
tatuchka [14]
How did it go?????????
8 0
3 years ago
General Snacks is a typical firm in a market characterized by the model of monopolistic competition. Initially, the market is in
Harrizon [31]

Answer:

Firms will leave the market in the long run.

Explanation:

Firms will leave the market in the long run.

Generally, the new firms enters in the market because the incumbent firms makes super normal profit. So in the long run, the continuous entry of firms will make the profit zero. Thus, when there is zero profit in the long run then the firms will start leaving the market and the demand for remaining firms will start rising because when firms start leaving the market then supply falls.

7 0
3 years ago
What does market analysis include
ki77a [65]

Answer:

A market analysis is a quantitative and qualitative assessment of a market. It looks into the size of the market both in volume and in value, the various customer segments and buying patterns, the competition, and the economic environment in terms of barriers to entry and regulation.

Explanation:

8 0
3 years ago
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