Answer:
the maximum loan size is $1,278,335.62
Explanation:
The computation of the maximum loan size is as follows:
= (NOI first year ÷ debt coverage rate) × 1 ÷ (rate of interest) × (1 - 1 ÷ (1 + rate of interest)^number of years)
= ($150,000 ÷ 1.5) × 1 ÷ (6%) × (1 - 1 ÷ (1 + 6%)^(25))
= $1,278,335.62
hence, the maximum loan size is $1,278,335.62
We simply applied the above formula
The answer to this question is "Moral Hazard". Hence I<span>f an individual and companies believe they can pursue rewards without facing the risks that should be attached to those pursuits, they are more likely to engage in irresponsible and even unethical behavior. this situation is known as a MORAL HAZARD. This is a belief of a company that they can pursue rewards without facing a problem or any issue.</span>
Overmanaging is the most evident mistake Claudia made as a senior accountant.
Question:
For an economy starting at potential output, a decrease in autonomous expenditure in the short-run results in a(n):
A. increase in potential output
B. recessionary output gap
C. decrease in potential output
D. expansionary output gap
Answer:
The correct answer is B
Explanation:
A decrease in autonomous expenditure shifts the Planned Aggregate Expenditure curve downward thus creating a lower equilibrium output.
PAE = C + Ip + G + NX
where
PAE = Planned Aggregate Expenditure
C = consumption
Ip = Investment Spending
G = Government Spending
NX = Net Export
If an economy has its output equal to its potential, this will create a reduction in short-run equilibrium output leading to a recessionary output gap.
Cheers!
This would be D- an opportunity for True Taste to thrive in their community.
