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natka813 [3]
3 years ago
11

he Petteys family plans to buy a home for $224,900, and has been offered a 30-year mortgage with a rate of 5.5% if they make a 2

0% down payment . Calculate the down payment. (Do not include a dollar sign with your answer)
Business
1 answer:
Dvinal [7]3 years ago
3 0

Answer:

44,980

Explanation:

20 % of $224,900 = (20/100) × $224,900 = $44,980

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Apr. 8 Sold merchandise for $9,500 (that had cost $7,021) and accepted the customer's Suntrust Bank Card. Suntrust charges a 4%
padilas [110]

Answer and Explanation:

The journal entries are shown below:

On April 8  

Cash   $9,120

Credit card expense   $380 ($9,500 × 0.04)

             To Sales  $9,500

(Being sale is recorded)

Costs of goods sold  $7,021

       To Merchandise inventory    $7,021

(Being the cost of goods sold is recorded)

On April 12

Cash   $7,215

Credit card expense   $185 ($7,400 × 2.5%)

             To Sales  $7,400

(Being sale is recorded)

Costs of goods sold  $4,795

       To Merchandise inventory    $4,795

(Being the cost of goods sold is recorded)

4 0
3 years ago
he employees at Purple & Gold Inc. are expected to complete their work and leave the office premises by 6:00 p.m. Team outin
artcher [175]

Answer:

Norms

Explanation:

A norm is something that is usually done or has become a standard.

In the case of the employees, work is expected to be completed and the staff should have exited the premises by 6pm. Since this is done everyday, it is a norm.

It can be further said to be something that has become normal.

Just like in the question, submission of team outings, reports and attendance have also become a normal thing in the company, every month.

Cheers.  

4 0
3 years ago
In an organization, the functional level is made up of ________, which provide specific and focused strategic direction.
never [62]

The functional level of an organization is made up of departments, which provide specific and focused strategic direction for the company to achieve its objectives and goals set out in the planning.

<h3 /><h3>Functional level</h3>

It provides support for the strategy developed in the organization, with the general objective of generating greater competitiveness for the company, effectively maintaining the corporate performance of each integrated system.

Therefore, functional departments exist in a company so that each sector has the necessary focus on resources, units and people in order to generate greater compliance with the organizational strategy and objectives.

The correct answer is:

  • Departments

Find out more information about functional level here:

brainly.com/question/26064163

5 0
2 years ago
When a firm gets so large that coordination and management of workers and other inputs becomes costly and difficult, it is exper
elena55 [62]

Answer:

The correct answer is the option A: Diseconomies of scales.

Explanation:

To begin with, the concept known as <em>''diseconomies of scales''</em>, in the field of economics and management, refers to the situation where an organization finds itself in problems due to the fact that a large production is being produced by them and the coordination and management of that large production is beginning to cause trouble and that impacts in the fact that the company will produce good or services with an increase in the cost per unit of the products.

7 0
3 years ago
Among a group of 2,500 people, 35 percent invest in municipal bonds, 18 percent invest in oil stocks, and 7 percent invest in bo
denpristay [2]

Answer:

Probability that the person selected will be one who invests in municipal bonds but not in oil stocks is  \frac{7}{25}

Explanation:

Given : Total no of people in the group = 2500

            Investors of municipal bonds = 35% i.e .35 × 2500 = 875

            Investors of both municipal bonds and oil stocks

         = 7% i.e .07 × 2500

         = 175

Hence, the investors who have invested in municipal bonds but not oil stocks = 875 - 175 = 700 investors

Probability that the person being selected will be one who invests in municipal bonds but not in oil stocks = \frac{No.\ of\ investors\ of\ municipal\ bonds}{Total\ no\ of\ investors}

= \frac{700}{2500}

=  \frac{7}{25}

8 0
3 years ago
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