Based on Raph's stable gross monthly income, the maximum total debt allowed per month is<u> $1,044</u>
Most conventional lenders prefer to lend to a person whose debt to income ratio is 36% and below.
Ralph's maximum debt allowed is therefore:
<em>= Debt to income ratio x Stable gross income </em>
= 36% x 2,900
= $1,044
In conclusion, Ralph's maximum debt is $1,044
Find out more about debt to income ratio at brainly.com/question/24814852.
Answer:
an undifferentiated targeting strategy.
Explanation:
An undifferentiated targeting strategy is a type of targeting strategy that works with uniform products for which the firm can develop a single marketing mix that satisfies the needs of all customers.
Hence, it typically occurs when a service provider, marketer, or salesperson ignores a segment of a market and focuses his or her marketing strategy on as many people as possible in a target market.
This simply means that, an undifferentiated targeting strategy ignores a segment of a market while focusing only on the entire target market. It is employed for a single marketing mix and as such, it is used for products such as bread, soft drinks, milk, gas etc.
Answer:
Debit Cash and Interest Expense; Credit Notes Payable.
Explanation:
This Journal entry would increase Cash, Interest Expense; and Notes Payable. For example, a borrower would receive $9,901 (proceeds) for a $10,000 (face value) note discounted $101 the journal entry would be debit Cash $9,901, debit Interest Expense $101 and credit Notes Payable $10,000.
<span>About 30 percent of high schoolers attend physical education classes daily. This is in contrast to the percentage of high schoolers that attend physical education classes in an average week, which increases to about 50 percent. Physical activity has been linked with better grades and school attendance.</span>
