Answer:
25%
Explanation:
Given:
Seth has a monthly income of $2,500
He has a $400 car payment
He owes $225 on electronic equipment.
Question asked:
What is the percentage of Seth's income he is paying out in debt payments?
Solution:
He has a car payment = $400
He owes on electronic equipment = $225
<em>These two items are treated as debt for Seth as these items are used first then pay for it.</em>
Total debt = $400 + $225
Total debt = $625
Now, we will find percentage of Seth's income he is paying out in debt payments,
Therefore, 25% of Seth's income he is paying out in debt payments.
Joe is a new broker. He will be required to reconcile his escrow account monthly.
<h3>
Who is a broker?</h3>
- In order to earn a commission after the trade is completed, brokers organize transactions between buyers and sellers.
- Brokers that take on dual roles as buyers or sellers are considered primary parties to the transaction.
- Neither function should be mistaken with that of an agent, who represents the principal party in a transaction.
- An impartial party whose services are often used in several businesses is a broker.
- The main duty of a broker is to connect buyers and sellers; as a result, the broker acts as a neutral intermediary between a buyer and a seller.
- A real estate or stockbroker who helps in the sale of a property would be an example.
To learn more about broker with the given link
brainly.com/question/14094023
#SPJ4
Answer: a) call his manager
Explanation: he should call his manager and take a day off to go see his doctor.
Answer:
Beta of this portfolio = 0.9953
Explanation:
Given:
Investment in security A = $650 beta 1.2
Investment in security B = $450 beta 0.7
Find:
Beta of this portfolio
Computation:
Beta of this portfolio = [650 / (650+450)]1.2 + [450 / (650+450)]0.7
Beta of this portfolio = [650 / (1,100)]1.2 + [450 / (1,100)]0.7
Beta of this portfolio = 0.7090 + 0.2863
Beta of this portfolio = 0.9953
Based on the percentage spent out of their marginal income, the country where fiscal policy would be more effective is<u> Country A </u>
The country where fiscal policy would be more effective is the one that has a higher multiplier.
Multiplier is calculated as:
<em>= 1 / ( 1 - Marginal propensity to consume)</em>
Marginal propensity to consume is the percentage spent out of marginal income.
Country A multiplier:
= 1 / ( 1 - 80%)
= 5
Country B multiplier:
= 1 / ( 1 - 60%)
= 2.5
In conclusion, fiscal policies would be more effective in Country A.
<em>Find out more at brainly.com/question/17012705. </em>
