1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Zepler [3.9K]
3 years ago
8

Closing costs are calculated based on _____. loan amount minus down payment down payment made selling price of the house selling

price of the house minus down payment
Business
1 answer:
olga_2 [115]3 years ago
7 0

Answer

Closing costs are calculated based on price of the house minus down payment

Explanation

Closing costs are either brought as cash to closing or financed into a loan.They are usually used when people buy or rent properties and the closing cost is the amount a person pays based on the down payment. To estimate the closing cost, you subtract the down payment from the purchase price of the home.

You might be interested in
At Central High School, 28% of the students are Freshmen, 26% are Sophomores, 24% are Juniors, and 22% are Seniors. The student
gregori [183]

Answer:

This is a stratified random sample because a separate random sample is selected from each class

Explanation:

Stratified random sampling is an appropriate method when the population consists of mixed characteristics and you would like to ensure that every characteristic is proportionally represented in the sample. In this example, the population is the students from Central High School and the mixed characteristics are the different classes such as Freshman students, Sophomore students, Juniors and Seniors.

After the population is divided into subgroups based on characteristics, from the overall proportion of the population, you calculate how many people should be sampled in each subgroup. Random or systematic sampling can then be used to select a sample from each subgroup.

6 0
3 years ago
What are some factors that would influence supply? Explain
lakkis [162]

Answer:

Some of the factors that influence the supply of a product are described as follows:

i. Price: ...

ii. Cost of Production:  

iii. Natural Conditions:  

iv. Technology:  

v. Transport Conditions:  

vi. Factor Prices and their Availability:  

vii. Government's Policies:  

viii. Prices of Related Goods

<h2>Please mark me as brainliest</h2>
6 0
3 years ago
Jack works for Red, Blue and Green CPAs. Each year Red, Blue and Green asks Jack to fill out a form indicating all of his financ
sasho [114]

Answer:

1.Immediate Family:

Spouse

Dependent Child

Dependent Parent

Spouse Equivalent

2.Close Relatives:

Sister

Brother

Father

Mother

Grand Father

Independent Child

3.Other Relatives and Friends:

Niece

Nephew

Cousin

Golf Partner

College Friend

Roommate

Explanation:

AICPA code of professional conduct are standards that are followed by CPA professionals.  It is important and necessary for CPA professionals to understand the rules and standard of professional guidance and abide by them. There are two major sections of Code of Professional Conduct:

1. Rules

2. Standards

Rules are enforceable and required to be followed. Standards are the guidance which helps to make decision in certain situations.

8 0
3 years ago
What was the major financial change between post-World War II borrowers and borrowers after 1970?
elena-14-01-66 [18.8K]
<span>Two oil shocks, an expansive monetary policy, and growing competition as Europe and Japan recovered from the devastation of World War II.
By the end of the decade, the country went into what came to be called
stagflation, a combination of no growth and rising inflation. In effect, the country had the worst of both worlds.
President Carter’s appointment of Paul Volcker as Federal Reserve Chair started the path to change. He restricted the money supply in a war that drove up unemployment but eventually tamed inflation.
The Reagan presidency started with cuts in spending and income taxes in what was called a ‘supply-side experiment.’
The intent was to stimulate saving, work, and investment. The emphasis that the supply-side approach put on incentives is now a more prominent part of economic thinking, but the experiment itself led to larger fiscal deficits.</span>
7 0
3 years ago
Equipment was purchased for $161500. Freight charges amounted to $5500 and there was a cost of $10000 for building a foundation
NISA [10]

Answer:

$27,800

Explanation:

Straight line depreciation expense = (Cost of asset - Salvage value) / useful life

Cost of asset = $161500 + $5500 +  10000 =$177,000

$177,000 - $38000 = $139,000 / 5 =$27,800

depreciation expense each year would be $27,800

4 0
3 years ago
Other questions:
  • A company's normal selling price for its product is $20 per unit. however, due to market competition, the selling price has fall
    14·1 answer
  • A judge denied a 94-year-old woman s attempt to force a Lottery Commission to pay her $3.9 million winnings up front on the grou
    5·1 answer
  • A ten-year comparison between Brazilian and Canadian crops showed that Brazilian yields are 68% of Canadian yields when compared
    13·2 answers
  • Bed &amp; Bath, a retailing company, has two departments: Hardware and Linens.
    11·1 answer
  • A company developed the following per unit materials standards for its product: 3 pounds of direct materials at $5 per pound. If
    5·1 answer
  • Evertz Metals buys and stockpiles dolomite to use in its smelting processes. Before all this dolomite is​ used, however, they al
    6·1 answer
  • In the National Business Ethics Survey, ________ of the employees identified pressure to meet unrealistic objectives as the most
    12·1 answer
  • Suppose you are committed to owning a $185,000 ferrari. if you believe your mutual fund can achieve an annual return of 10.5 per
    10·1 answer
  • Your company has established a hurdle rate, or cost of capital of 15% for new investment projects. You have just analyzed a new
    6·1 answer
  • the graph above reflects a significant increase in world oil prices. what will the impact on aggregate supply most likely lead t
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!