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3 years ago

Clarence is purchasing a $142,000 home with a 15-year mortgage. He will

Business

1 answer:

Dominik [7]3 years ago

8 0

Answer:

prime mortgage insurance (PMI) is an insurance that mortgage lenders require when borrowers make a down payment of less than 20% of the purchase price of the house.

We are not given any table, so I looked in the internet to find one that can be used as an example:

outstanding principal = $142,000 - 17% = $117,860

mortgage term equal or less than 15 years
base loan amount is less than $625,000
loan to value ratio = 1 - down payment = 83%, which means it is ≤ 90%
bps = 45

total yearly premium = principal x bps = $117,860 x 0.0045 = $530.47

monthly PMI payment = $530.47 / 12 months = $44.20

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Which element of the marketing mix is the most visible and flexible?

Anestetic [448]

<span>the elements of product, price, place, and promotion which sport marketers manipulate to achieve marketing goals and objectives and are mostly visible and flexible. the price is in many ways one of the most visible, and for many organizations price is also potentially the most controllable and flexible element of marketing mix. The most visible element is price, and also it is seen to be possibly the most flexible element of the marketing mix, it is probably the most difficult to manage and it has to reflect the state of what matters is to understand that price does not stand alone, it interacts with the whole organization. Overall, price is very visible.</span>

4 0

3 years ago

Caddie Manufacturing has a target debt-equity ratio of .35. Its cost of equity is 12 percent, and its pretax cost of debt is 6 p

frutty [35]

Answer:

10.12%

Explanation:

The computation of the WACC is shown below:

= Cost of debt × (1 - tax rate) × weight of debt + cost of equity × weight of equity

= 6% × (1 - 0.21) × 0.35 ÷ 1.35 + 12% × 1 ÷ 1.35

= 1.23% + 8.89%

= 10.12%

We simply multiplied the capital structure with each of its weight so that the WACC could come and the same is to be considered

7 0

3 years ago

Corporation produces a semiconductor chip used on communications. The direct materials are added at the start of the production

iren2701 [21]

Answer:

Equivalents Units Of Production Materials= 475,000

Conversion Costs 450,000

Cost of Completed Units =$ 5138250

Cost of Units in the Ending Inventory $ 604,500

Explanation:

Direct materials costs of $ 935,750

Conversion costs of $ 4,554,000

Total Manufacturing Costs $ 5489,750

Units % of Completion EUP

D.M C.C D.M C.C

Units completed 425,000 100 100 425,000 425,000

Ending Inventory 50,000 100 50 50,000 25000

Total Units Of Production 475,000 450,000

Direct Materials= $ 935,750/ 475000= $ 1.97

Conversion Costs = $ 4,554,000/ 450,000= $ 10.12

Cost of Completed Units =$ 5138250

Direct Materials = 425,000 * 1.97= $ 837250

Conversion Costs = 425,000 *10.12= $ 4301,000

Total Cost of Manufacturing Units= $ 5138250

Cost of Units in the Ending Inventory $ 604,500

Direct Materials = 50,000 * 1.97= $ 98,500

Conversion Costs = 50,000 * 10.12= 506000

Total Costs $ 604,500

7 0

3 years ago

What is the smallest level at which life may exist

DerKrebs [107]

CELL is the smallest level.........

6 0

3 years ago

Nathan and Diana are married and have three married children and seven minor grandchildren. For tax year 2020, what is the maxim

Luba_88 [7]

Answer:

Maximum amount that can be given to family (including the sons- and daughters-in-law) without using unified transfer tax credit is $390,000.

Explanation:

Given the data in the question;

Nathan and Diana are married and they have 3 married children, meaning Nathan and Diana also have 3 daughters/sons in law married to their children. In addition, they have 7 minor grand children.

Number of donees will be ⇒ 3 + 3 + 7 = 13

Now, we know that; The annual gift tax exclusion for 2019-2020 is $15,000 per donee or individual for every tax payer while that of married couple is $30,000.

Meaning Nathan and Diana can give $30,000as a gift to each of their family members without using any of their unified transfer tax credit.

Hence,

Maximum amount that can be given to family (including the sons- and daughters-in-law) without using unified transfer tax credit will be;

⇒ 13 × $30,000

= $390,000.

6 0

2 years ago