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zvonat [6]
3 years ago
15

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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Irolt, a company that supplies fast-moving consumer durables, recruits only graduates from top business schools as management tr
e-lub [12.9K]

Answer:

<u>A creative work environment.</u>

Explanation:

A creative work environment is often found in companies with a decentralized organizational structure. This type of structure is more flexible than in a centralized structure, has a lower degree of hierarchy and greater participation of employees in decision-making processes.

A company that has a creative work environment, ensures that its employees have more freedom to solve their own problems and contribute with innovative ideas and suggestions, which ensures a greater sense of employee participation, increases motivation and work valorization .

7 0
4 years ago
In December 2015​, Apple had cash of $ 37.69 ​billion, current assets of $ 75.91 ​billion, and current liabilities of $ 76.31 bi
ollegr [7]

Answer:

(a) 0.99

(b) 0.96

(c) Apple has better liquidity

Explanation:

(a) Apple's current​ ratio:

= Current assets ÷ Current liabilities

= $ 75.91 ​billion ÷ $ 76.31 billion

= 0.99

(b) Apple's quick​ ratio:

= (Current assets - Inventory) ÷ Current liabilities

= ($ 75.91 ​billion - $ 2.45 billion) ÷$ 76.31 billion

= 0.96

(c) In January 2016​,

Quick ratio = 0.66

Current ratio = 0.90

In comparison to H-P assets quality Apple has much better quality. Current ratio and quick ratio of apple is better than H-P which shows that apple has better liquidity than H-P.

7 0
3 years ago
Which of the following describes an effective strategy for protecting yourself against identity theft?
777dan777 [17]
Avoid using unsecured wireless networks. 
5 0
3 years ago
Engineering Wonders reports net income of $56.0 million. Included in that number is building depreciation expense of $4.6 millio
Monica [59]

Answer:

Engineering Wonders' net cash flows from operating activities are $61.8 million

Explanation:

Net income from operating activities = net income - gain on the sale of land + building depreciation expense = $56.0 - $1.4 + $4.6 = $59.2 million

Engineering Wonders' net cash flows from operating activities = Net Income from operating activities + Decrease in Accounts Receivable + Decrease in Inventory - Decrease in accounts payable = $59.2 + $1.6 + $3.6 - $2.6 = $61.8 million

4 0
3 years ago
Read 2 more answers
Carlos, a marketing manager at devon consulting, is attending an ethics training program at his workplace. during the training,
stealth61 [152]
<span>Carlos is least likely to learn how to role play employee dismissals. This activity does not tie directly tie into Carlos's position as marketing manager. Dismissing employees would most likely be handled by the HR department, not by someone who main goal is to develop marketing strategies. The other choices would make more sense to learn because they are situations that Carlos could possibly have to deal with. He has to solve problems with his position, and he would probably encounter dilemmas and have to use disciplinary actions when dealing with his subordinates.</span>
3 0
4 years ago
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