Answer: Minimum 62 years
Explanation: As per the rules, the youngest borrower must have attained the age of 62 years to qualify for reverse mortgage loan. There are several other requirements as well.
HUD financial criteria also needs to be fulfilled by the borrower. The home in which borrowers be living must be their prime residence and the required home equity will also be required.
Answer:
The answer is Deliveries for which no purchase order was issued.
Explanation:
A receiving department compares inventory items received with copies of purchase orders. The purchase orders list the name of the vendor and do not list the quantities of the material ordered. Using the purchase orders, the receiving department is most likely to detect____Deliveries for which no purchase order was issued._____
I believe the answer is C
Answer: 50 additional tons of hamburgers
Explanation:
United States opportunity costs:
Hamburger opportunity cost = 45/100 = 0.45 tons of tacos
Taco opportunity cost = 100/45 = 2.22 tones of hamburgers
Mexico opportunity cost:
Hamburger opportunity cost = 25/20 = 1.25 tons of tacos
Taco opportunity cost = 20/25 = 0.8 tones of hamburgers
US should specialize in Hamburger production because they have a lower opportunity cost.
If both countries combined production of hamburgers then the total would be:
= 100 + 20
= 120 tons of hamburgers
<em>There is missing information on this question which is the US production of hamburgers when it produces 0 tacos. We shall assume that number to be 170 tons of hamburgers.</em>
The total additional tons produced would be:
= US tons when producing only hamburgers - Combined hamburger production
= 170 - 120
= 50 additional tons of hamburgers
Answer:
14.87%
Explanation:
The computation of the cost fo external equity is shown below:
Cost of external equity = {D1 ÷ P0 × (1 - f)} + g
where,
D0 represents the current dividend = $3.60
D1 represents Dividend for next year which is
= D0 × (1 + g)
= $3.60 × (1 + 0.06)
= $3.816
P0 represents the current price of the stock = $46
f represents flotation cost = $3
flotation cost =$3 per share
f = % of flotation cost which is
= ($3 ÷ $46 ) × 100
= 6.5217391%
g represents the growth rate = 6%
Now placing these values to the above formula
So,
Cost of external equity is
= {$3.816 ÷ $46 × (1 - 0.065)} + 0.06
= ($3.816 ÷ $43 ) + 0.06
= 0.148744 × 100
= 14.87%