Answer: The property will have to sell for $90,322.58 for the Sellers to net $75,000.
We arrive at the answer as follows:
We need to add the expenses to the net amount and deduct any refunds from it to arrive at the Selling price before the sales commission.
So, we have:
Net $75,000
Add: Mortgage Balance $ 7,500
Closing Expenses <u>$2,500</u> <u>$10,000 </u>
Total $85,000
Less: Refund of prepaid taxes -<u> $ 1,000</u>
<u>Total before sales commission</u> <u> $84,000 </u><u> </u>
Since sales commission is 7%, this $84,000 corresponds to 93% of Sales Price.
Hence sales price is .
The scientists are trying to find if TV causes aggressions. TV is the independent variable and aggression depends on if the adults watch the TV.
Answer:
The answer is "the s ucker effect"
Explanation:
Please find the image.
Some people work extremely hard but lose their drive when they see other riders who are not riding in the community. It won't fit, that's exactly what's happening here. After noting other people who did not carry out the initiative, he also began using his telephones and placed down his paper pad. It is also an operation, for which a person works less than a like independent member, as a group member.
First we calculate the return on equity(ROE) based on the Du-pont equation
ROE = Net profit margin * Total asset turnover * equity multiplier
Total asset turnover = 1/capital intensity =1/1.08
Equity multiplier = 1+ debt to equity = 1+ 0.54 = 1.54
net profit margin = 6.2% = 0.062
ROE = 0.062*1/1.08*1.54 = 0.0884 = 8.84%
Sustainable growth rate = ROE*(1- dividend payout)
Sustainable growth rate = 0.0884*(1-0.4)
Sustainable growth rate= 0.053 = 5.3%
Sustainable growth rate = 5.30%
Answer: Monetary policy has a long outside lag.
Explanation:
The options are that:
a. It wants to avoid time inconsistency problems.
b. It takes time for the Central Bank to implement its policy decisions.
c. Monetary policy has a long outside lag.
d. Forecast errors are often rather large.
Monetary policy is the use of interest rate and the supply of money to control the economy. Optimal monetary policy helps to maximizes the welfare of individuals and firms given the frictions that occur in the economic environment.
Under optimal monetary policy, the central bank adjusts its policy based on anticipated rather than current inflation and output gaps because monetary policy has such long outside lags. It has a long outside lag because they mainly affect the investment plans of business and a change in the rate of interest might not really have a full effect on the spending on investment for several years.