Answer:
The Estimated Monthly Mortgage Payment
= $2,810.81
Explanation:
Data and Calculations:
House price = $475,000
Down payment = $100,000
Percentage of down payment = 21.05% ($100,000/$475,000 * 100)
Finance period = 15 years = 180 months (15 * 12)
Nominal annual interest compounded monthly = 4%
The estimated monthly mortgage payment using an online finance calculator:
Monthly Pay: $2,810.81
House Price $475,000.00
Loan Amount $380,000.00
Down Payment $95,000.00
Total of 180 Mortgage Payments $505,946.54
Total Interest $125,946.54
Mortgage Payoff Date Jan. 2036
Answer:
20%
Explanation:
Since the gross margin is $20,000 and the gross margin percentage of Pentex is 10%, so from this information we can find out the sales value which is shown below:
Gross profit percentage = Gross profit ÷ sales
10% = $20,000 ÷ sales
So, the sales would be $200,000
Since the Pentex sales is twice of Marbro
So, the Marbro sales would be half of Pentex sales
So, the Marbro sales would be $100,000
Now the Marbro gross profit percentage would be
= $20,000 ÷ $100,000
= $20%
Answer:
The correct answer is Sales-orientation.
Explanation:
The orientation towards sales is seen in sectors where competition is high, usually when supply is slightly higher than demand. In these cases, if consumers are not pushed, they will not buy the company's products.
Companies are going to focus on manufacturing more products than demand is able to absorb. In order to sell them all, aggressive sales and communication policies will be used.
Answer: HMO: Primary Care Physician, In network only
PPO: Referral requirements, Out of network doctors
Explanation: