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3 years ago

The debt payments-to-income ratio is:

1 answer:

5 0

Answer: The debt payments-to-income ratio is: calculated by dividing monthly debt payments (excluding mortgage payments) by net monthly income.

This ratio is a measure that analyze an person’s monthly debt payment in accordance with his/her monthly income.

The gross income is the pay before taxes and other variables are deducted.

i.e. debt payments-to-income ratio = $\frac{Total\: of\: Monthly\: Debt\: Payments}{Gross\:Monthly\:Income}$

Therefore, the correct option is (b)

You might be interested in

HOG is the stock symbol for Harvey. It was a penny stock which means WS expects the firm to disappear. But Harley turned around

Fiesta28 [93]

Answer:

$1,468,750

Explanation:

The computation of the today value is shown below:

Let us assume that the today share price of Harley is $35.25

So, the today value would be

= (Invested amount × today share price) ÷ per share

= ($10,000 × $35.25) ÷ 0.24 per share

= $1,468,750

We find out by considering the today share price, invested amount and the per share

3 0

3 years ago

Six Sigma Projects are easy to identify. They seek out sources of waste such as overtime and warranty claims; investigate produc

sladkih [1.3K]

Answer: True

Explanation:

Six Sigma projects have eight essential phases which are to; 1. recognize

2. define

3. measure

4. analyze

5. improve

6. control

7. standardize and

8. integrate.

It is a method whose primary objective is improving profit making by improving quality and efficiency standards. Project teams utilising this method want to reduce variability in processes by actively seeking out potential sources of waste especially in overtime and warranty claims.

They also investigate production backlogs or areas in need of more capacity and focus on customer and environmental issues.

7 0

3 years ago

Assume the following amounts: Total fixed costs Selling price per unit Variable costs per unit If sales revenue per unit increa

sineoko [7]

Answer:

The correct option is c. 129,000.

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question as follows:

Assume the following amounts:

Total fixed costs. $15,000

selling price per unit. $19

variable costs per unit. $12

if sales revenue per unit increases to $21 and 16,000 units are sold what is the operating income?

a 159,000

b. 336,000

c. 129,000

d. 144,000

The explanation to the answer is now provided as follows:

Since sales revenue per unit increases to $21, we use it as the selling price and proceed as follows:

Computation of Operating Income

Particular Amount ($)

Sales revenue (16,000 * $21) 336,000

Variable cost (16,000 * $12) (195,000)

Contribution 144,000

Fixed cost (15,000)

Operating income  129,000 

Therefore, the correct option is c. 129,000. That is, operatin income is $129,000.

5 0

4 years ago

One of Tony Hsieh's most important roles now is to act as a cultural leader for Zappos. Which of the following would be the best

stepladder [879]

Answer:

The correct answer is: D. Listen to employees concerns and be willing to change some aspects of Holacracy.

Explanation:

Holocracy refers to a management style where top-down or hierarchical management is replaced with a management style, where power and authority is equally distributed between teams and individuals in an organization. Holocracy is beneficial for organizations since it engages and motivates individuals and teams more than a hierarchical management style- where they have less power and authority. This in turn engages employees to produce favorable outcomes, while remaining aligned with their organization's missions.

The best way for Hsieh to guide the culture at Zappos in light of the switch to Holacracy would be to listen to employees' concerns and be willing to change some aspects of Holacracy. This is the best approach as it resonates with a holacratic management style, and gives employees the power and authority to bring up their concerns so that the switch to Holacracy at Zappos goes smoothly.

8 0

4 years ago

Recently, a Domino's pizza franchise in southwest Ohio made the strategic decision to stay open for 24 hours a day. The manager,

melamori03 [73]

Answer:

Strength:

Further strengthening the brand name and will be able to capture the market share by staying open for 24 hours.

Increasing the efficiency of the franchise by selling additional products. (Sales to capital employed ratio)

Excellent location will add up value to the franchise which makes it more prior to the other pizza offering franchises.

Weakness

Staffing and inventory management would be required for the additional working hours and at night shifts the employees demand more for the services they offer.

Opportunity

There is additional demand for the products of the Domino's to sell the customers at night. Usually in the weekends, Americans go to bed late night.

Threats

We are promoting late night eating which is not good for health so this is threat to our brand image.

Their is the threat that the existing competitors must react to our offerings by lowering their cost or by increasing the quality of their offerings.

8 0

3 years ago