Will give brainliest for only one question please help

Consider the following per unit data for Jennifer Company, a seller of tables and chairs: What is the weighted-average unit cont

lisabon 2012 [21]

Answer:

$28 per unit

Explanation:

since the information is missing, I looked for similar questions:

contribution margin per chair = $50 - $35 = $15

contribution margin per table = $200 - $120 = $80

sales mix: 4 chairs + 1 table

contribution margin per sales mix = (4 x $15) + $80 = $140

weighted average contribution margin = $140 / 5 = $28

5 0

3 years ago

When horizontally scaling, the allocation of resources is referred to as __________________ and the releasing of resources is re

stiv31 [10]

<span>When horizontally scaling, the allocation of resources is referred to as scaling out and the releasing of resources is referred to as scaling in. Scaling is a term used regarding IT departments and how little or often the resources are needed with usage of the cloud web. There are two types of scaling and they are horizontal and vertical. Depending on the usage needed and what is being stored will determine the release of scaling and which way they go, out, in, up or down. </span>

6 0

4 years ago

Which type of savings institution is owned and operated by the same people who have accounts in it

inn [45]

A credit union is owned and operated by the people who have accounts in it. In a traditional bank, the bank is run by a president and a board of higher people. In a credit union, all members of the union own a stake of the company and the board is made up of members of the credit union.

7 0

3 years ago

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Jim has an annual income of $240,000. Jim is looking to buy a house with monthly property taxes of $140 and monthly homeowner’s

kupik [55]

Answer:

The amount of the most expensive house Jim can buy is $1,329,720.81.

Explanation:

Maximum LTV = 80%.

Annual income = $240,000

Monthly total income = Annual income / 12 = $240,000 / 12 = $20,000

Maximum front end DTI limit = 28%.

Front end DTI = (Monthly mortgage payment using Front end DTI + Monthly tax + Monthly insurance) / Monthly total income

28% = (monthly mortgage payment using Front end DTI + $140 + $70) / $20,000

28% * $20,000 = Monthly mortgage payment using Front end DTI + $210

$5,600 = Monthly mortgage payment using Front end DTI + $210

Monthly mortgage payment using Front end DTI = $5,600 - $210 = $5,390

Maximum back end DTI is 36%.

Back end DTI = (monthly mortgage payment using Back end DTI + monthly tax + monthly insurance + other debt payments) / monthly gross income.

36% = (monthly mortgage payment using Back end DTI + $140 + $70 + $178) / $20,000

36% * $20,000 = Monthly mortgage payment using Back end DTI + $388

$7,200 = Monthly mortgage payment using Back end DTI + $388

Monthly mortgage payment using Back end DTI = $7,200 - $388 = $6,812

Maximum monthly mortgage payment to satisfy both Front and Back end DTI = Lower of Monthly mortgage payment using Front end DTI and Monthly mortgage payment using Back end DTI = Monthly mortgage payment using Front end DTI = $5,390

The loan amount can now be calculated using the following Excel PV function:

Loan amount = PV(rate,nper,-pmt) .............................. (1)

Where:

rate = Monthly rate = Annual rate / 12 = 4.5% / 12 = 0.045 / 12 = 0.00375

nper = Number of period or months = Numbers of years of loan tenure * 12 = 30 * 12 = 360

pmt = monthly payment = Maximum monthly mortgage payment to satisfy both Front and Back end DTI = $5,390

Substituting all the values into equation (1), we have:

Maximum loan amount = PV(0.00375,360,-5390) ................. (2)

Inserting =PV(0.00375,360,-5390) in any cell in an Excel sheet, we have:

Maximum loan amount = $1,063,776.65

Maximum house value can be calculated using the following formula:

LTV = Maximum loan amount / Maximum house value ……..……….. (3)

Substituting the relevant values into equation (2), we have:

80% = $1,063,776.65 / Maximum house value

Maximum value of house = $1,063,776.65 / 80%

Maximum value of house = $1,329,720.81

Since the Maximum value of house is $1,329,720.81, this implies that the amount of the most expensive house Jim can buy is $1,329,720.81.

7 0

3 years ago

It is not important to develop effective communication skills.

solong [7]

False.................................................

8 0

3 years ago

Read 2 more answers