Answer:
Closing statement.
Explanation:
A document commonly used in real estate transactions, detailing the fees, commissions, insurance, etc. that must be transacted for a successful transfer of ownership to take place is known as a closing statement. The closing statement is a spreadsheet document that comprises of the statement of actual settlement costs and it is usually provided by a real estate agent to a home seller while the bank gives it to the home buyer.
C. Only favorable information is likely to appear
When the price of a good increases, all else the same, then the consumer's total utility will decrease.
<h3>What is utility?</h3>
Utility simply means the satisfaction that's gotten when one consumes a particular product.
In this case, it should be noted that when the price of a good increases, all else the same, then the consumer's total utility will decrease. This is because less products will be bought.
Learn more about utility on:
brainly.com/question/24922430
Answer:
Net income= 561,506.25
Explanation:
Giving the following information:
sales of $1.67 million, cost of goods sold of $810,800, depreciation expenses of $175,000, and interest expenses of $89,575.
Tax= 35 percent
We need to determine the net income.
Sales= 1,670,000
COGS= (810,800)
Gross profit= 859,200
Depresiation= (175,000)
Interest= (89,575)
EBT= 594,625
Tax= (594,625*0.35)= (208,118.75)
Depreciation= 175,000
Net income= 561,506.25
