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lakkis [162]
3 years ago
8

A buyer anticipates a house payment of $1,000 per month, with monthly homeowner association fees of $150. The buyer also has a c

ar payment of $400 per month. If the buyer earns a monthly gross income of $5,000, what's the housing ratio?
Business
1 answer:
Zigmanuir [339]3 years ago
5 0

Answer:

23% (1150:5000)

Explanation:

$1000+$150=$1150, the monthly home owner association fees and home owner payment falls under the house ratio and car payment doesn't include in the house ratiio

$1150:$5000 =0.23 ×100=23%

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Trendy Appliances has introduced a new product, Minute Yogurt, into the yogurt maker appliance market. Minute Yogurt differs fro
forsale [732]

Answer: Informative Advertising

Explanation:

Informative Advertising is a form of advertising where a company gives some details about the benefits of using a product and somethings they do differently from their competitors in the market.

Minute Yoghurt needs to inform their market of the special steps of blending and cleaning they applying when producing their product.

7 0
3 years ago
Spade and Marcher Corp. manufactures and sells toy guns. These toy guns are a perfect imitation of real weapons. Inspired by Spa
VMariaS [17]

Answer:

analyzer

Explanation:

This strategy is used by companies wishing to gain market share. It is a moderate aggressive strategy, as it presents low aggregate risks, and innovation is not a very relevant factor in companies that use the analyzer strategy. Companies seek to provide a production of goods already in the market, with modifications and differentiations.

3 0
3 years ago
Nueva Company reported the following pretax data for its first year of operations. Net sales 7,400 Cost of goods available for s
Ludmilka [50]

Answer:

Net Income $574

Explanation:

Calculation of Nueva's net income if it elects FIFO will be :

Net sales$7,400

Less Cost of goods sold ($4,806)

($5,610 − $804)

Gross profit 2,594

Operating expenses (1,638)

Income before taxes 956

(2,594-1,638)

Income tax 382.4

(40%×956)

Net income $574

(956-382.4)

Therefore the Nueva's net income if it elects FIFO would be $574

8 0
3 years ago
For February, sales revenue is $900,000; sales commissions are 5% of sales; the sales manager's salary is $96,000; advertising e
FinnZ [79.3K]

Answer:

Option  A

Total selling expenses for the month of February=$245,600

Explanation:

<em>The selling expenses include all the expenditure incurred in respect of activities revolving around the marketing and distribution of goods to the final consumer.</em>

<em>These expenditures may be fixed or variable in nature</em>

DATA

Sales revenue -  $900,000;

Sales commission - 5%×  900,000 =  45000

Sales manager salaries  -  96,000

Advertising expenses - 80,000

Shipping expenses - 2% × 900,000 = 18000

Miscellaneous selling expenses = 2100 + (1/2× 1%× 900,000) =6600

Total selling expenses for the month of February

= 45000 +  96,000 + 80,000+ 18000 + 6600  = $245,600

Total selling expenses for the month of February=$245,600

6 0
3 years ago
Increases in import spending Select one: a. raise GDP. b. lower GDP. c. are always balanced off in GDP by changes in exports. d.
ahrayia [7]

Answer:

B. Lower GDP

Explanation:

GDP (Gross Domestic product) represent the monetary value of all goods and services that produced in a country within a specific year.

GDP  is calculated with this formula : GDP = C + I + G + (X – M)

C : The amount of private consumption

I : Investment

G : Government spending

X : Export spending

M: Import spending

As you can see, M is the only one with (-) value . Which mean that if M is increased, the total amount of GDP will be decreased.

4 0
3 years ago
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