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4 years ago

Why are closing costs a one time fee?

1 answer:

5 0

The answer to this question is letter D. The closing costs cover titles, taxes, and realtor costs. After closing, the only monetary obligation is to the lending party.

Closing costs are fees paid at the closing of a real estate transaction. It is called the closing when the title to the property is conveyed to the buyer. Closing costs then are incurred by the buyer or the seller, either of the two.

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Riverbend Inc. received a $240,000 dividend from stock it held in Hobble Corporation. Riverbend's taxable income is $2,710,000 b

zlopas [31]

I am sorry, but I don’t understand. Wish I could help

6 0

3 years ago

An operation operates with a variable cost percentage of 72%. The owner wants to increase sales revenue by an amount necessary t

padilas [110]

Answer:

The answer is $2,857.14

Explanation:

Let us assume Sales be $500 per month

Monthly

Sales $500

Less: Variable Cost(72%) $360

Contribution(will be 28%) $140

Less: Fixed Cost(Assume) 0

Operating Income $140

If there should be an increase of $800 per month in the operating Income

Revised Operating Income $140 + $800 = $940

Therefore Contribution is equal to $ 940

If Contribution is $940 equal to 28%, then Sales be 100%

$940 ÷ 28%

$3,357.14

Therefore additional increase in Sales revenue required per month

$3,357.14 - $500

$2,857.14

4 0

4 years ago

rose ordered a package of macaroons from an out of state bakery. she received the cookies the following week. what type of e-com

tatiyna

Rose ordered a package of macaroons from an out-of-state bakery. she received the cookies the following week, the type of e-commerce product is Physical.

E-commerce digital commerce is the buying and selling of goods and services, or the transmitting of finances or data, over a digital network, basically the net. these enterprise transactions occur both as commercial enterprise-to-enterprise, commercial enterprise-to-purchaser, customer-to-patron, and consumer-to-enterprise.

E-commerce is the interest of electronically buying or selling merchandise on online services or over the net. E-trade draws on technologies together with cellular trade, digital funds transfer, supply chain management, internet marketing, online transaction processing, electronic records interchange, inventory control structures, and automatic statistics series systems.

Learn more about e-commerce here:-brainly.com/question/23369154

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5 0

1 year ago

Lily's apparel, a renowned apparel store, focuses on gen y customers and provides them with a customized clothing experience. th

lara [203]

lily's apparel has defined its target market by : Psychographic characteristics
A psychograhic characteristic is a way to define a target market by finding similar attitudes, lifestyle , or value.
By knowing this similarities, we could find a product that will fulfill all the needs that is required by the majority of that market

5 0

3 years ago

(A) If variances are prorated at the end of the accounting period, an unfavorable direct materials price variance will, when pro

charle [14.2K]

Answer:

Both A and B are correct.

Explanation:

Variance analysis help the business to identify the deviation from their budgeted expenditures. The budget cost or volume is analyzed against the actual expenditure or production volume. Variance can be favorable or unfavorable. An unfavorable material price variance will increase the cost of finished goods.

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3 years ago