Answer:
a) Break even = 480.5 units ≈ 481 Million units
b) Breakeven = 8,014,162,500 units
Explanation:
calculations are in millions
Breakeven = fixed costs / contribution per unit
selling price per unit = $47063/400 = $117.66
Variable cost = ($18756*75%) + ($31755*50%) = $14067 +15877.50 =$29944.5/400 units =$74.86
contribution = $117.66-$74.86 = $42.80
fixed costs = ( $18756*25%) +( $31755*50%) = $4689 + 15877.50 = $20566.50
Breakeven = $20566.50/$42.80 = 480.5 units
b) calculations
fixed costs = 20,566,500 + 300,000,000
= 320,566,500
break even = $320,566,500 /0.04
= 8,014,162,500 units
Answer:
Please see answers below.
Explanation:
A. Three important Items to double check before submitting a loan application to underwriting.
• Completeness of data : One has to be sure that all important details are captured hence none is left out. It means that there are no missing information on the application.
• Calculations performed accurately: This means that calculations such as borrower's income, qualifying ratios are calculated accurately and also double checked for the purpose of the loan underwriting.
• Documentations required by the loan programme. All Documentations required by the loan programme must be double checked before submitting a loan application to underwriting.
B. List at least two things you would be sure to tell a borrower in preparation for closing
• I will seek clarity in terms of the money borrower would be bringing to the closing table.
• The date,time,venue of closing are essential for the closing hence will be communicated to the borrower. Also, there are no right or wrong answers that may be asked or given by the borrower during the closing.
C. List at least three calculations that are typically used during the course of mortgage loan transaction.
• Income calculation
• Front end and back end ratio (DTI ratio)
• Monthly payment.
Answer:
Power Distance
Explanation:
Power Distance -
It refers to the distribution of the power and strengths within any organisation if referred to as power distance .
In most of the scenario the distribution of power is very unequal and unfair .
Most of the high power people tends to dominate over others and misuse their strengths in a very unfair manner .
Hence , from the given scenario of the question ,
The manager of the company has all the power and tends to dominate over others and others people tends not to go against his order .
Hence , the correct term is power distance .
Answer:
a practice that may have longer term implications on the ethics of personal privacy
Explanation:
Cookies are a tool that is used on websites to identify user browser history.
The information on a user's browsing habits is then used by businesses to tailor display information relevant to what they are usually interested in.
Usually they are a safe way to improve browsing experience, but they can be used by criminals to spy on people and gain unwanted access to their data.
Cookies save information about a user session by storing data like usernames.
There is a long term danger of having one's browsing history tracked without their consent
