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pickupchik [31]
3 years ago
9

You are planning on starting your own business in 18 months and you intend to purchase a new home. You have looked carefully at

your budget and have determined that you can afford a PITI of $900 per month. Your banker has told you that you can easily qualify for a PITI of $1,150 per month. Which of the following is the most reasonable explanation for this discrepancy?a. Your banker knows you really would be happier in a more expensive house.b. Your banker is not aware of your other long-term financial goals.c. Your banker's number is more accurate than your number.d. None of these is a reasonable explanation.
Business
1 answer:
Leya [2.2K]3 years ago
7 0
B. Your banker is not aware of your of your other long term financial goals
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Simora [160]

Answer:

Explanation:

The journal entry is shown below:

Cash A/c Dr $768,000

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(Being the cash is received and the remaining balance is debited to the cash account )

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3 years ago
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3 0
3 years ago
The Chilton Corporation specializes in manufacturing one type of desk lamp. Chilton allocates variable manufacturing overhead co
Sloan [31]

Answer:

See below

Explanation:

Given the above information, we can compute variable manufacturing overhead efficiency variance to be;

= (SA - AQ) × SR

Where

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2 years ago
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