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3 years ago

Housing expenses are commonly referred to as PITI. What does PITI stand for?

2 answers:

8 0

The right answer for the question that is being asked and shown above is that: "d. principal, interest, taxes, insurance." Housing expenses are commonly referred to as PITI. <span>In relation to a mortgage, PITI </span><span>is an acronym for a mortgage payment that is the sum of monthly principal, interest, taxes, and insurance.</span>

Fed [463]3 years ago

5 0

Answer:

D. principal, interest, taxes, insurance.

Explanation:

Took test on Edge - Sarah Robinsen <3

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Which questions can help someone who is starting to think about personal vision and goals? Select all that apply. What activitie

Rom4ik [11]

Answer:

What would your job need to include in order to make you feel satisfied?

Explanation:

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3 years ago

Read 2 more answers

Joe and Michelle have a partnership firm. Based on the income-based method of calculating GDP, what category is the income earne

tekilochka [14]

Answer: B) employee’s compensation.

The income approach to measure gross domestic product or GDP starts with the income earned (wages plus plus rents plus interest plus profits) from the production of goods and services.

Based on the income-based method of calculating GDP, income or wages earned by Joe and Michelle for being partners can be categorized under B) employee’s compensation.

3 0

3 years ago

On January 1, 2020, NoDice Corporation issues $540,000, 5-year, 12% bonds for $529,000. Interest is paid semiannually on January

Svet_ta [14]

Answer:

Dr Interest expense $33,500

Cr Discount on bonds payable $1,100

Cr Cash $32,400

Explanation:

Discount on bonds payable=$540,000-$529,000=$11,000

Amortization of discount=discount on bonds issue/period of the bond

period to maturity of the bond is 5 years *2 =10 since the bond pays interest semi-annually

Amortization =$11,000/10=$1,100

Semi-annual interest=$540,000*12%/2=$32,400

the bond semi-annual interest expense=discount amortization+interest payment

the bond semi-annual interest expense=$32,400+$1,100=$33,500

5 0

3 years ago

Suppose the revenue from producing (and selling) x units of a product is given by Upper R (x )equals 10 x minus . 04 x squared

Volgvan

Answer:

marginal revenue is -6

and production levels 200, 50

Explanation:

given data

R(x) = 10 x - 0.04 x²

solution

we have given

R(x) = 10 x - 0.04 x²

so here R'(x) is

R'(x) = 10(1) - 0.4 (2x)

R'(x) = 10 - 0.8 x ....................1

so here at x is 20 marginal revenue will be

R'(20) = 10 - 0.8(20)

R'(20) = 10 - 16

R'(20) = - 6

and

when revenue is $400

R(x) = 400

400 = 10 x - 0.04 x²

x= 200, 50

7 0

3 years ago

Calip Corporation, a merchandising company, reported the following results for October: Sales $413,000 Cost of goods sold (all v

krok68 [10]

Answer:

$243,900

Explanation:

Calip corporation reported the following results for the month of October

Sales= $413,000

Cost of goods sold= $169,100

Total variable sling expenditure= $20,700

Total fixed selling expense= $17,900

Total variable administrative expense= $13,100

Total fixed administrative expense= $30,400

The contribution margin can be calculated by subtracting the total cost of goods sold from the sales

= $413,000-$169,100

= $243,900

Hence the contribution margin for October is $243,900

5 0

3 years ago