Professional appraisers and real estate agents
C. A board of directors :)
Answer:
The correct answer is B.
Explanation:
Giving the following information:
Apr. 1: Beginning inventory of 490 units for $2.16
Apr. 20: Purchase 420 units for $2.63
Dunbar sold 570 units of inventory during the month.
Under LIFO (last-in, first-out) method, the ending inventory is integrated by the first units incorporated into inventory.
First, we need to calculate the number of units in inventory:
Ending inventory in units= total units for sale - units sold
Ending inventory in units= (490 + 420) - 570= 340 units
Ending inventory ($)= 340*2.16= $734.4
Answer:
96.5%
Explanation:
Data provided in the question:
Purchase price i.e the value = $278,000
Down payment paid = 3.5%
Upfront mortgage insurance premium = $4,865
Now,
Amount of down payment = 3.5% of loan value
= 0.035 × $278,000
= $9,730
Therefore,
The loan value = value - Amount of down payment
= $278,000 - $9,730
= $268,270
Thus,
loan-to-value on the loan = [ loan value ÷ value ] × 100%
= [ $268,270 ÷ $278,000 ] × 100%
= 96.5%
Answer:
The Actuarially Fair Premium that Tom have to pay for hid Health Insurance is $4,160
Explanation:
To compute the amount that Tom have to pay for Health Insurance is;
Actuarially Fair Premium = (Probability of actuality ill × Payments incurred) + (Probability of not actuality ill × Payments incurred)
Actuarially Fair Premium = (20% x $20,000) + (80% x $200)
Actuarially Fair Premium = $4,000 + $160
Actuarially Fair Premium = $4,160
