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ololo11 [35]
3 years ago
8

The customer has decided to purchase a home instead of renting. The price of the home is $750,000 and the customer intends to pu

t down 20% and obtain a mortgage for the balance.
The customer explains that he will need the $150,000 down payment in 30 days. The best recommendation to the customer is to liquidate his:

A. growth stocks and blue chip stocks immediately in the amount of $150,000 to obtain the necessary cash down payment
B. growth stocks and blue chip stocks in 30 days in the amount of $150,000 to obtain the necessary cash down payment
C. retirement accounts in the amount of $150,000 to obtain the necessary cash down payment
D. Net Worth in the amount of $150,000 to obtain the necessary cash down payment
Business
1 answer:
Natasha2012 [34]3 years ago
5 0

Answer:

A. growth stocks and blue chip stocks immediately in the amount of $150,000 to obtain the necessary cash down payment

Explanation:

The customer wouldn't want to get the stock cashed out now, so he doesn't have to worry about the stock or market having a huge decline and so, he can't buy the house.

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3 years ago
Eliminating the Drafty product line would eliminate $45,000 of direct fixed costs. The $78,000 of common fixed costs would be re
bagirrra123 [75]

Answer:

The Blowing's sand net income will increase by $45,000 by saving of direct fixed costs.

Explanation:

Fixed costs are costs which remains unchanged irrespective of the level of activity produced by Blowing Sand's, means the Blowing Sand's will have to bear that cost whether it eliminate the Drafty product line or not. example factory rent, building depreciation etc.

Direct Fixed costs are those which only incurred when the units are produced so that will only incur costs when production is made.

So the elimination of Drafty product line will save $45,000 of direct fixed costs and the remaining $78,000 will be redistributed to other remaining product lines which will not impact the net income.

6 0
3 years ago
Which of the following is true?
Ket [755]

Answer:

B) In the short run, a monopoly will shut down if P < AVC.

Explanation:

If the price will be less than the AVC it means that the firm is not able to recover its variable coats and hence will not be able to produce. So it must shut down if it reaches this point in the short run because there is lesser scope of error in short run.

8 0
3 years ago
As part of a good Section 351 transaction Andy contributes his business with a basis of $200,000 in exchange for $300,000 worth
Brums [2.3K]

Answer:

Gain = $150,000

Explanation:

Given:

Contribution = $200,000

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Cash = $50,000

Find:

Gain

Computation:

Gain = Exchange stock + Cash - Contribution

Gain = $300,000 + $50,000 - $200,000

Gain = $150,000

5 0
3 years ago
An analyst obtains a market quote for the two-year forward rate two years from now. to derive the next point on a theoretical an
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Job Analysts paint in the HR branch of companies or groups and study occupations and jobs to attention on category structures inside that field. The attention at enterprise and occupational developments in addition to employee relationships.

According to the U.S. Bureau of Labor Statistics, the median economic analyst revenue is around $85,000, however, this range may be deceptive due to the fact the common economic analyst revenue is nearer to $100,000 because of the acute boom in profits over time.

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6 0
2 years ago
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