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Natalija [7]
2 years ago
12

A prospective borrower has an estimated monthly housing expense of $486, and his monthly obligations total $684. If the borrower

's monthly gross income is $1,950, what is the total obligations ratio?
Business
1 answer:
andrew11 [14]2 years ago
7 0

Answer:

TOR = 0.350

Explanation:

Data provided;

Estimated monthly housing expenses = $ 486

Total monthly obligations = $ 684

The monthly gross income of the borrower = $ 1,950

Now,

the total obligation ratio is calculated as:

Total obligation ratio (TOR) = (Total monthly obligations) / (The monthly gross income of the borrower)

on substituting the values, we get

TOR = $ 684 / $ 1,950

or

TOR = 0.350

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ExtremeBDS [4]

Answer: Investigating the website of a company allows me to have a general idea about what this consists of.

Explanation: In the job search process one of the ways to learn more about the company of interest is to investigate on its website. The website of a company offers general information about the company such as mission, vision, values, the services or products they offer, the work team that makes up the company, and that they look for when recruiting a person.

4 0
2 years ago
If entrepreneurs realize that all the traditional applications for their products have disappeared and that they have surplus pr
Kryger [21]

Answer:

The correct answer is D

Explanation:

SCAMPER tool is the technique which is an Idea Manipulation technique, that guide the business in generating diverse ideas. Instead of thinking the original ideas, this technique provokes the business to gather ideas from the divergent fields, fuse and manipulate as per the requirements.

So, in this case, the entrepreneur got to know that all the applications of the product have disappeared and the entrepreneur have the surplus products with them, so the element of the tool which they could employ is that they could put to other uses the surplus products.

8 0
2 years ago
You own a stock that had returns of 10.10 percent, −15.86 percent, 19.54 percent, 23.76 percent, and 6.44 percent over the past
Travka [436]

Answer:

8.796%

Explanation:

Arithmetic average return = sum of returns / number of years

(10.10% −15.86% + 19.54% +  23.76% + 6.44 ) / 5 = 8.796%

5 0
3 years ago
The ABC Corporation issues a $1,000 bond, with an interest rate of 4%, and a maturity date of 2015. This creates a liability for
Bogdan [553]

This creates a liability for the ABC Corporation to pay the bondholder $100 in annual interest and $1000 in 2015.

<h3>What is the interest rate?</h3>

The cost of borrowing due each period expressed as a percentage of the money loaned, banked, or financed is known as an interest rate.

The interest can be paid annually, half-yearly or quarterly.

As the rate at which the interest was given was 10% and the dividend should be paid to the company on an equal basis, so the amount will be around $100 every year also which means that there will be 1000 to be paid at the end of 2015 deducting $100 from $1100.

Learn more about the interest rates, here:

brainly.com/question/14445709

#SPJ4

The  question is incomplete, the correct question is :

The ABC Corporation issues a $1000 bond, with an interest rate of 10%, and a maturity date of 2015. This creates a liability for the ABC Corporation to pay the bondholder:

1. $100 interest per year in $1000 dollars in the year 2015

2. 10% of the selling price of the bond

3. an interest payment equal to the dividend payment distributed to the common stockholders

4. $1100 annually until the end of the 2015th

$100 interest per year and $1000 in the year 2015

8 0
2 years ago
Arturo company pays $4,130,000 cash and issues 28,200 shares of its $2 par value common stock (fair value of $50 per share) for
Vsevolod [243]

Answer:

investment on Westment  4,212,200 debit

                       Cash                   4,212,200 credit

Explanation:

For the investment, we should include all the cost necessary to acquire the shares:

Total cost:

stocks issued cost                     32,400

legal fees                                    49,800

cash to acquire the shares<u>    4,130,000  </u>

     TOTAL                               4,212,200

We will create the investment account for this total and credit the cash

5 0
3 years ago
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