1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
GalinKa [24]
3 years ago
12

The biggest factor in determining the price of a mortgage is:

Business
1 answer:
kramer3 years ago
5 0
Money because the more money you invest the mor you have to spend
You might be interested in
There are 2 different methods for obtaining data in field research, asking questions and:
alexdok [17]
The field research is type of research that collects  <span>data outside of an experimental setting (in natural settings) and </span>tends to ensure the observations are more valid. <span>
There are 2 different methods for obtaining data in field research, asking questions and </span>making direct observation. The direct observation are made in natural settings or environment. 
3 0
3 years ago
If the company can produce and sell no more than ​units, should it do​ so? A. . Since is equal to the​ break-even quantity, prod
k0ka [10]

Answer: D.No. Since 26 is less than the break-even quantity, production of the product cannot produce a profit

Explanation:

At Breakeven the company will be making $0 in profit. The break-even number of units will therefore be;

0 = Revenue - costs

0 = 520x - (390x+15,340)

0 = 520x - 390x - 15,340

0 = 130x - 15,340

130x = 15,340

x = 118 units

As the break-even point is 118 units, anything below this will yield a loss. As the company has a capacity of 26 units, this is below the breakeven point so the company should not produce the good as they will surely make losses.

7 0
3 years ago
Dove Corporation, a calendar year C corporation, had the following information for 2016:
poizon [28]

Answer:

$1,032,260

Explanation:

To calculate Dove's unappropriated retained earnings balance (UREB) as of December 31, 2016, the following simple formula is employed:

UREB = Unappropriated retained earnings as of 01 January 2016 + Net income per books (after-tax) - Cash dividend distributions

UREB = $796,010  + $386,250 - $150,000 = $1,032,260

Therefore, Dove's unappropriated retained earnings balance (UREB) as of December 31, 2016 is equal to $1,032,260.

Note:

This will appear in Schedule M–2 of Form 1120 as follows:

Unappropriated retained earnings as of 01 January 2016      $796,010  

Net income per books (after-tax)                                               <u>$386,250</u>

Sub-Total                                                                                     $1,182,260                                                                                

Less: Cash dividend distributions                                               <u>$150,000</u>

Unappropriated retained earnings as of 31 December 2016  <u>$1,032,260</u>

8 0
3 years ago
The following data refers to Huron Corporation for the year 20x2.
Molodets [167]

Answer:

1. schedule of cost of goods manufactured for 20x2

Beginning Work In Process Inventory                                            $ 0

Direct  Materials ($89,000 + $731,000 - $59,000 - $45,000) $716,000

Direct Labor                                                                                 $474,000

Applied manufacturing overhead                                              $577,500

Less Ending Work In Process Inventory                                    ($40,000)

cost of goods manufactured                                                    $1,727,500

2. schedule of cost of goods sold for 20x2.

Beginning Finished goods inventory                     $35,000

Add cost of goods manufactured                       $1,727,500

Less Ending Finished goods inventory                ($40,000)

Cost of Goods Sold                                             $1,722,500

Adjustment :

Less Under-applied Overheads                             ($2,500)

Adjusted Cost of Goods Sold                            $1,720,000

3. income statement for 20x2.

Sales revenue                                                    $2,105,000

Less Cost of Goods Sold                                 ($1,720,000)

Gross Profit                                                          $385,000

Less Expenses :

Selling and administrative expenses               ($269,000)

Net Profit Before tax                                             $116,000

Income tax expense                                            ($25,000)

Net Income after tax                                              $91,000

Explanation:

Calculation of Actual Overheads Incurred

Indirect labor                                                    $150,000

Property taxes on factory                                 $90,000

Depreciation on factory building                    $125,000

Indirect material used                                       $45,000

Depreciation on factory equipment                $60,000

Insurance on factory and equipment              $40,000

Utilities for factory                                             $70,000

Actual Overheads Incurred                            $580,000

Now,

Where Applied Overheads is $577,500 and Actual Overheads is $580,000, we have an underapplied situation of $2,500 ($580,000 - $577,500).

This under-applied amount is closed off to the cost of goods sold.

3 0
3 years ago
Profitability Ratios PJ's Ice Cream Parlor has asked you to help piece together financial information on the firm for the most c
Elodia [21]

Answer:

The return on assets = 6.53%

Explanation:

Since the debt ratio is 0.47 and the total debt value is $23 million By applying the debt equity formula we can find out the total debt value which is shown below:

Debt ratio = (Total debt ÷ Total assets)

0.47 = ($23 million ÷ Total assets)

So, the total assets = $23 million ÷ 0.47 = $48.94 million

And, the total assets would be equal to

= Total debt + total equity

$48.94 million = $23 million + total equity

So, total equity = $48.94 million - $23 million = $25.94 million

The return on equity is 12.3%. So, here we apply the return on equity formula which is shown below:

Return on equity = (Net income) ÷ (total equity)

12.3% = Net income ÷ $26 million

So, the net income would be $3.198 million

And, Return on assets = (Net income) ÷ (total assets)

= $3.198 million  ÷ $48.94 million

Hence, the return on assets = 6.53%

5 0
3 years ago
Other questions:
  • The risks of vertical integration include all of the following EXCEPT: a. costs and expenses associated with increased overhead
    14·1 answer
  • In which stage of the product life cycle is the smashburger restaurant​ concept?
    7·1 answer
  • How do you define marketing? What are the four foundations of marketing and how do they fit into your definition? Based on your
    5·1 answer
  • Newport Bank moved its customer service jobs from the United States to India, an example of __________. outsourcing offshoring i
    13·1 answer
  • The Atlantic Company sells a product for $150 per unit. The variable cost is $60 per unit, and fixed costs are $270,000. What is
    8·1 answer
  • What type of interview would most likely be used for the following situation? casting someone as a host on a talk show.
    5·1 answer
  • 1. As manager of a restaurant, Josh has had to make some tough decisions. When employees question his authority, he is quick to
    7·1 answer
  • Baseball Corporation is preparing its cash budget for January. The budgeted beginning cash balance is $19,500. Budgeted cash rec
    5·1 answer
  • What is the plowback ratio for a firm that has earnings per share of $12.00 and pays out $4.00 per share as dividends?
    10·1 answer
  • Under which tab and group can you find the control to add a section to a presentation?
    11·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!