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julsineya [31]
3 years ago
6

If the borrower has a previous foreclosure, can he use FHA to purchase a new home?

Business
1 answer:
snow_tiger [21]3 years ago
6 0

Answer:

Yes he can use FHA

Explanation:

Because FHA Loans are the most forgiving of foreclosures. To qualify for an FHA mortgage loan, you must wait at least three years after the foreclosure. The three year clock starts ticking from the time that the foreclosure case has ended, usually from the date that you prior home was sold in the foreclosure preceeding. If the foreclosure also involved an FHA loan, the three year waiting periods starts from the date that FHA paid the prior lender on its claim

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In doing "aggregate planning" for a firm producing paint, the aggregate planners would most likely deal with:
Gennadij [26K]

Answer:

The answer is option D) In doing "aggregate planning" for a firm producing paint, the aggregate planners would most likely deal with: all the different sizes and all the different colors by size.

Explanation:

Aggregate planning is concerned with forecasting the needs operational needs of an organization and making provisions for them ahead of time.

Aggregate planners develop, analyze, and draft an estimated schedule of the overall operations of an organization.

This estimated schedule contains targeted sales forecasts, production levels, inventory levels, and customer backlogs.

In doing "aggregate planning" for a firm producing paint, the aggregate planners would most likely deal with: all the different sizes and all the different colors by size.

The purpose of aggregate planning is to maximize the utilization of  equipment in order to increase productivity levels.

8 0
3 years ago
The Doright Door Company is considering outsourcing production of its door to Mexico. Use the weighted scoring method to evaluat
Gekata [30.6K]

Answer:

(A) Mexican supplier cost = $445,800 or $89.16 average cost.

In-house cost = $714,000 or $142.8

(B) Mexican supplier total weighted score = 0.265 or 22.43%

In-house supplier weighted score= 0.238 or 23.8%

(C) Yes, explaination below

Explanation:

Mexican Supplier cost breakdown:

Quota price $83 X 5000 = $415, 000

Transport cost

1. to transport 5000 doors would require making a total of 20 trips from Mexico to USA (5000/250 doors)

2. at a cost of $825 per trip, total cost to transport doors is = $16,500.

Sending Engineers costs and Negotiation cost =

$5000 + $1000

(Transport+Sending Engineers cost) =

$22,500

Inventory carrying cost= 20% of cost of storing the goods. (total of all other cost) 20% x 22500 = $8300

Total cost = $445,800 or $89.16 average cost.

Total weighted score average:

Using the formula;

Weight= score x rating

Score = Weight/rating (making score subject of the formula)

Mexican Weighted

score1= 16%/3 = 0.0533, + 0.12 score2, + 0.035 + score3, + 0.056 + score4. = 0.265.

American weighted score

Using same formula;

0.04 score1, + 0.15 score2, + 0.014 score3, + 0.034 score 4 = 0.238.

The company should outsource the product. Why? because it will reduce total cost of doors, making them cheaper for if they do so, resulting in higher profit.

6 0
4 years ago
Olivia is working on budgeting her time between studying for school, working at a part-time job, and training for a triathlon. W
Leno4ka [110]

Answer:

Create a daily schedule and reward herself for sticking to it

Explanation:

The strategy that Olivia could use to help manage her time is to create a daily schedule and reward herself for sticking to it because she has different things to do and the best way to complete everything is to organize the time in which she is going to perform each activity and follow that plan so she will be able to have enough time. Also, if she rewards herself for following the schedule, she would be motivated to continue doing it.

7 0
3 years ago
The treasurer of Riley Coal Co. is asked to compute the cost of fixed income securities for her corporation. Even before making
Gelneren [198K]

Answer: (a) 6%

(b) 10.61%

(c) Yes

Explanation:

a) After tax cost of debt = Yield (1- tax)

= 8 ( 1 - 0.25)

 = 8 × 0.75

 = 6%

b) cost\ of\ preferred\ stock =\frac{dividend}{price-flotation\ cost}

cost\ of\ preferred\ stock =\frac{5.20}{52-3}

cost\ of\ preferred\ stock =\frac{5.20}{49}

= 0.1061 or 10.61%

Note:  Cost of preferred stock is not tax deductible

c),Yes the treasurer is correct ,The cost of debt is 5% less than cost of preferred stock [10.61 - 6 = 4.61%]

8 0
3 years ago
The following information is from the 20X1 annual report of Weber Corporation, a company that supplies manufactured parts to the
DENIUS [597]

Answer:

ROA for 20X1= 10%

Profit margin for 20X1= 5%

Assets turnover= 2

ROA for the coming year= 11.25%

Explanation:

Weber corporation return on assets for 20X1 can be calculated as follows

ROA= Net income/Average total assets × 100

= 2,450,000/24,500,000 × 100

= 0.1 × 100

= 10%

The profit margin can be calculated as follows

= Net income/sales × 100

= 2,450,000/49,000,000 × 100

= 0.05 × 100

= 5%

The assets turnover ratio can be calculated as follows

= Sales/Average Total assets

= 49,000,000/24,500,000

= 2

The company ROA if when the turnover rate for next year is2.25 and the profit margin remain unchanged can be calculated as follows

= profit margin × assets turnover ratio

= 5% × 2.25

= 11.25%

8 0
3 years ago
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