Answer: A home equity loan can be risky because the lender can foreclose if you don’t make your payments. <em><u>The following statement is true. </u></em>
But the foreclosure depends on the value of your home. Defaulting on a home equity loan could result in a foreclosure. The home equity lender does depends on the value of your home. If you have equity in your home, your lender is more likely to start foreclosure, since it has a seemingly great chances of recovering some of its money. The more equity, the more likely your lender will choose to foreclose.
Answer:
$12,200
Explanation:
Sales including sales tax = $13,359
Sales tax rate = 9.5%
Let the sales be = $X
Sales tax payable = Sales * Sales tax rate
Sales tax payable = X * 9.5%
Sales tax payable = 0.095X
Sales + Sales tax = Sales including sales tax
X + 0.095X = 13,359
1.095X = 13,359
X = 13,359/1.095
X = $12,200
So, Sales = $12,200. Thus, in the books of the lumber company, Revenue should be credited for $12,200
Answer:
1. Resolution
2. lossless
3. computer-aided
4. Scanners
5. Shutter stock
Explanation:
1. For clarity or sharpness of an image, we called resolution. It is measured in mega pixels. There are various qualities like low quality which contain less resolution, the medium quality which contain good resolution, and HD quality which contain excellent resolution.
2. The lossless compression reduces the file size without compromising the quality. It can be done in images as well as audio files.
3. The computer-aided software is used to draw finest drawing which helps the architects, scientists, interior designers, and engineers. It shows various types of designs that help to capture the market.
4. The pen, handheld, etc are the examples of the scanners. The work of the scanner is to scan the image and save it on a mobile or computer.
5. The Shutter stock is a stock of the images, music, etc from where we can download for a fee.
Answer:
The annual cash flow will be $4,500.
Explanation:
Use following formula to calculate Annual Cash flow from Annuity.
Present value of annuity = annual cash flow ( 1 - ( 1 / ( 1 + rate of interest )^time period ) ) / rate of interest
PVA = C ( 1 - ( 1 / ( 1 + r )^t ) ) / r
$43,000 = C ( 1 - ( 1 / ( 1 + 0.0625)^15 ) ) / 0.0625
$43,000 = C x 9.5555
C = $43,000 / 9.5555
C = $4,500
So, the annual cash flow will be $4,500.
Answer: $43
Explanation:
Cost is Revenue less required return in this scenario.
The required return on investment is 10% of the Investment which is,
= 10% * 88,000
= $8,800
Revenue is;
= $44 * 8,800 pieces
= $387,200
Total Cost = 387,200 - 8,800
= $378,400
Cost per unit = 378,400/8,800 units
= $43
For a required return of $8,800, units need to cost no more than $43.