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Ludmilka [50]
4 years ago
10

When calculating the maximum home price using either the front ratio or the back ratio, one result is the maximum monthly paymen

t the household can sustain. This amount covers:_____
a. Principal, interest, and escrow for taxes and insurance
b. The annual mortgage payment
c.The before-tax cash flow
d. The break-even occupancy level
e. The debt service coverage ratio
Business
1 answer:
Oksanka [162]4 years ago
7 0

Answer:A. Principal, interest, and escrow for taxes and insurance

Explanation: Front-end ratio is a percentage of your total annual gross income which can be dedicated to the payment of your home loan monthly.

Back-end ratio is a term used to describe the total percentage of your annual gross income which you can put into the servising of your debts.

The maximum monthly payment which a household can sustain covers the PRINCIPAL, INTEREST, AND ESCROW FOR TAXES AND INSURANCE When calculating the maximum home price using either the front ratio or the back ratio.

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If a person invests in the stock market through a firm that pools funds from a large number of people and buys and professionall
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Answer:

C. mutual fund.

Explanation:

Mutual fund refers to a company that pools money from many investors into securities such as stocks and bonds. Mutual funds provide the service of a deversified portfolio for customers who would otherwise been unable to diversify their portfolio themselves.

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3 years ago
The costs of bringing a corporation into existence, including legal fees and promoter fees, are called:
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Answer:

organization expenses.

Explanation:

A corporation can be defined as a corporate organization that has facilities and owns or controls assets used for the production of goods and services in at least one country other than its headquarter (home office) located in its home country.

This ultimately implies that, a corporation is a corporate organization that owns or controls its business in two or more countries.

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The costs of bringing a corporation into existence, including legal fees and promoter fees, are called organization expenses.

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3 years ago
The Federal Reserve System (the 'Fed') was created by the Federal Reserve Act, passed by Congress in 1913, and began operations
ohaa [14]

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b. it promotes public goals such as economic growth, low inflation, and the smooth operation of financial markets.

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This is generally what the federal reserve does, and they try to stop both deflation and inflation

3 0
3 years ago
ear Net Income Profitable Capital Expenditure 1 $ 14 million $ 8 million 2 18 million 11 million 3 9 million 6 million 4 20 mill
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Answer:

$42 Million

Explanation:

The computation of the total cash dividend is shown below:-

Year Net Income Profitable capital Expenditure Dividends

1        $14 Million       $8 Million                                   $6 Million

2        $18 Million     $11 Million                                    $7 Million

3        $9 Million      $6 Million                                     $3 Million

4         $20 Million   $8 Million                                    $12 Million

5        $23 Million    $9 Million                                    $14 Million

Total cash dividends                                                  $42 Million

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4 years ago
Which one of the following businesses would be the most difficult to get funding for
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You have not suggested a list considering your question asks "..following businesses..."
8 0
3 years ago
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