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
aalyn [17]
3 years ago
15

which question or questions should you ask yourself when determining how much money you can afford to spend on a mortgage

Business
1 answer:
Sati [7]3 years ago
3 0
What is my income. then subtract
what are my ordinary monthly expenses.
what is my weekly allowance.
what are my incidentals
what are my insurance and taxes going to be.
are these included in the mortgage.
allow 10% for tithing
clothing costs
medical copays.
do you get paid for sick days.
You might be interested in
Mullineaux Corporation has a target capital structure of 70 percent common stock and 30 percent debt. Its cost of equity is 16 p
alexira [117]

Answer:

The company WACC is 13.30%

Explanation:

For computing the WACC, first we have to find the weight-age of both debt and equity.

Since in the question, the weightage of debt and equity is given which is equals to

Debt = 30%

And, Equity or common stock = 70%

So, we can easily compute the WACC. The formula is shown below

= Weighted of debt × cost of debt × (1- tax rate) + Weighted of equity × cost of equity

= 0.30 × 0.10 × (1 - 0.30) + 0.70 × 0.16

= 0.021 + 0.112

= 13.30%

Hence, the company WACC is 13.30%

6 0
3 years ago
The law of diminishing marginal utility:_______a) allows us to make interpersonal utility comparisons. b) tells us that an addit
Reika [66]

Answer:

A) allows us to make interpersonal utility comparisons.

7 0
3 years ago
Read 2 more answers
17. Which of the following is a false statement about the goals of management? A. Management's concern is that a union will crea
love history [14]
I think it's either A) or B) Let me know
6 0
3 years ago
Company X sells their products exclusively to companies in the Y market. In estimating demand from their business customers, Com
skelet666 [1.2K]

Answer:

derived demand

Explanation:

Company X sells their products exclusively to companies in the Y market. In estimating demand from their business customers, Company X must understand that this demand is actually <u>derived demand</u>, which means that the demand for industrial products and services is driven by demand for consumer products and services.

8 0
3 years ago
Walter is a chemistry teacher who earns $50,000 per year, while Jesse is unemployed. Both Walter and Jesse want to go back to sc
katrin2010 [14]

Answer:

No, their economic cost of enrolling in the business program is not the same for both,

Explanation:

The explicit costs of going back to college are the same for Walter and Jesse, e.g. they might be $20,000 per year, or even $30,000 doesn't matter for this analysis. But Walter is currently working as a teacher and that means taht if he decides to go to college, his implicit costs will include the forgone salary as a teacher which is $50,000 per year. Implicit costs are opportunity costs, i.e. additional costs or benefits lost from choosing one activity or investment instead of another alternative.

Since Jesse is not working, whether she goes back to college or not will not affect her income, it will still be $0, but if Walter goes back to college he will lose his salary.

6 0
3 years ago
Other questions:
  • Tennies Clinic uses client-visits as its measure of activity. During November, the clinic budgeted for 3,700 client-visits, but
    5·1 answer
  • In recent years, the question of the lack of appropriate ethical behavior has been brought most strongly to the American public
    15·1 answer
  • Match the following terms with their definitions. Salary, rewards, net pay, occupation, costs, benefit, deduction1. a fixed amou
    11·1 answer
  • Allen transfers marketable securities with an adjusted basis of $120,000, fair market value of $300,000, for 85% of the stock of
    13·1 answer
  • Movie studios use tracking studies in which prospective moviegoers are asked questions about an upcoming film release to help th
    7·1 answer
  • Which of the following events would unambiguously cause a decrease in the equilibrium price of cotton shirts? a. a decrease in t
    6·1 answer
  • IBM expects to pay a dividend of $6 next year and expects these dividends to grow at 4% a year for the foreseeable future. The p
    9·1 answer
  • What are the types of experiences, especially staffing-related ones, that an organization will be likely to have if it does not
    13·1 answer
  • Two siblings each pay 30% of their parents support so they can decide who will claim the parents with a multiple support agreemo
    13·1 answer
  • According to recent data, obese patients are less likely than nonobese patients to obtain preventive health services and exams,
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!