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3 years ago

The market failure causes by the concentration of oil refineries by standard oil is known as

1 answer:

8 0

The answer is the market power. As this is involved with causes of oil refineries by standard oil in and considered to be market failure. For the oil is influenced with the prices that contributes also in exploiting other people.

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Jane Doe earns $58,800 per year and has applied for a(n) $99,000, 30-year mortgage at 9 percent interest, paid monthly. Property

Mashcka [7]

Answer:

GDS ratio is 28.12% and is less than the maximum of 30%,hence Jane would be able to get the mortgage

Explanation:

The gross debt service ratio is a measure of the ease with which mortgage holders can repay their housing loan.It compares the yearly property obligations with the yearly income of the mortgage holder.

Gross Debt Service ratio=yearly obligations/yearly income

yearly obligations=property taxes+yearly mortgage repayment

property taxes is $6,900

mortgage repayment=pmt(rate,nper,-pv,fv)

rate is 9%

nper is the duration mortgage of 30 years

pv is the present value of mortgage

fv is future value of mortgage,it is not known,hence taken as zero

=pmt(9%,30,-99000,0)=$9,636.30

yearly obligations=$6,900+$9,636.30=$ 16,536.30

GDS = 16,536.30/58,800=28.12%

5 0

3 years ago

Good morning everyone how yall doing today

elena-14-01-66 [18.8K]

Answer:

very good morning dear...

have a NYC day ahead... :)

5 0

3 years ago

Read 2 more answers

New Body, a gym, bought new exercise equipment on credit. The purchase price was $10,438.88. They secure the loan with a financi

LiRa [457]

Answer:

b. $524.94

Explanation:

We need to solve for the PTM of a 6 year annuity with quarterly payment discount for 6.25% compounding quarterly as well:

$PV \div \frac{1-(1+r)^{-time} }{rate} = PTM\\$

PV $10,438.8800

time 24 (6 years x 4 quarter per year)

rate 0.015625 8 ( 0.0625 / 4 )

The payment every quarter will be for:

$10438.88 \div \frac{1-(1+0.015625)^{-24} }{0.015625} = PTM\\$

PTM $ 524.942

4 0

3 years ago

An advertising agency is developing advertisements to promote a political candidate. one ad is a radio spot airing during "drive

brilliants [131]

Answer:

The radio spot should reply on the peripheral route to persuasion.

Explanation:

The peripheral route to persuasion happens when the audience chooses whether to concur with the message dependent on different cues, besides the strength of the contentions or thoughts in the message.

Peripheral route of influence isn't being convinced by actualities yet by fame and popularity. It is shallow and is generally based on attractiveness. There is no elaboration and crowds are passive. Individuals utilize mental alternate ways for this. Change through this course is impermanent and leaves rapidly.

5 0

3 years ago

In performing accounting services for small businesses, you encounter the following situations pertaining to cash sales. 1. Orio

zmey [24]

Answer and Explanation:

The journal entry to record the sales transaction is given below:

On April 10

Cash Dr $25,725

To Sales revenue $24,500

To Sales tax payable $1,225

(Being the sale is recorded)

Here cash is debited as it increased the assets and revenue & sales tax payable is credited as it increased the revenue & liabilities

3 0

3 years ago