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grandymaker [24]
2 years ago
8

wendy and doug would like to purchase a home. their combined gross monthly income is 4200. how much can they afford for a monthl

y payment on the new home
Business
1 answer:
dusya [7]2 years ago
5 0
They could do $1,500 a month payment to the renter.
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Suppose you win a small lottery and have the choice of two ways to be paid: You can accept the money in a lump sum or in a serie
Salsk061 [2.6K]

Answer:

take the payments over time payout

Explanation:

My personal opinion/advice would be to take the payments over time payout. There are many reasons for this, the first one being that most individuals are not used to receiving large sums of cash and usually end up wasting all the money as soon as they receive it, which usually does not occur if the payments are made over time. The second and more important reason is that if the payments are made over different years your would pay a much lesser amount on taxes every year that passes. This means that the even with the interest rate you would most likely have more overall money if you take the payments over time.

8 0
3 years ago
Ortions of the financial statements for Myriad Products are provided below.
bonufazy [111]

Answer:

Net cash provided from Operating Activities $301

Explanation:

MYRIAD PRODUCTS COMPANY

Cash flow from Operating Activities:

Net Income $150

Adjustment for non cash effects:

Depreciation $84

Amortization $5

Loss on sale of land $4

Total $243

Changes in operating assets and liabilities :

Decrease in Accounts receivable $17

Decrease in Inventory $18

Increase in Accounts Payable $14

Decrease in Salaries Payable ($14)

Increase in Interest Payable $13

Increase in Income tax Payable $10

Net cash provided from Operating Activities $301

5 0
3 years ago
Blue Enterprises reported cost of goods sold for 2020 of $1,307,500 and retained earnings of $5,383,000 at December 31, 2020. Bl
Sphinxa [80]

Answer: See explanation

Explanation:

Based on the information given in the question, the corrected amounts for 2020 cost of goods sold would be:

= $1307500 + $36930 - $118630

= $1225800

The corrected Retained earnings would be:

= $5,383,000 - $36,930

= $5,346,070

4 0
3 years ago
When the IS organization and its resources are focused on efforts that support the key objectives defined in the managers' strat
o-na [289]

Answer:

Alignment

Explanation:

According to my research on Information Technology, I can say that based on the information provided within the question this means that the organization is in Alignment. This is basically when all sectors or categories within an organization are aligned and working in unison as a whole in order to solve a certain problem.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0
3 years ago
Mullineaux Corporation has a target capital structure of 70 percent common stock, 15 percent preferred stock, and 15 percent deb
Jet001 [13]

Answer:

a.

The WACC is 9.4875%

b.

The after tax cost of debt is 3.25%

Explanation:

The WACC or Weighted average cost of capital is the cost to a firm of its capital structure based on the weighted average of costs of all the components that form up its capital structure. The components in a firm's capital structure are debt, preferred stock and common stock.

WACC = wD * rD * (1-tax rate)  +  wP * rP  +  wE * rE

Where,

  • w represents the weight of each component in the overall capital structure
  • r represents the cost of each component
  • we multiply the cost of debt by (1 - tax rate) to take the after tax cost of debt

a.

WACC = 0.15 * 0.05 * (1-0.35)  +  0.15 * 0.04  +  0.7 * 0.12

WACC = 0.094875 or 9.4875%

b.

The after tax cost of debt is calculated by multiplying the cost of debt or rD by (1 - tax rate).

After tax cost of debt = 0.05 * (1 - 0.35)    =  0.0325 or 3.25%

5 0
2 years ago
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