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belka [17]
3 years ago
8

In order to minimize the difficulty associated with meeting monthly loan payments, the debt service ratio should be __________.

Business
1 answer:
Andre45 [30]3 years ago
8 0
In order to minimize the difficulty associated with meeting monthly loan payment, the debt service ratio should be : Below 35 %

This Ratio showed that your annual monthly income still able to cover up your loan payments after considering your housing and other expenses for your daily lives
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Jim transfers money from his money market account to his savings account. This action:________.
Verizon [17]

Answer:

a.reduced MI and increases M2

Explanation:

Hope that help you!!

4 0
3 years ago
Mars Inc. produces 100,000 boxes of Snickers bars which sell for $4 a box. If variable costs are $3 per box, and it has $150,000
Maru [420]

Answer:

keep producing as variable costs are being met.

Explanation:

A firm should shutdown in the short run if price is less than average variable cost. But since price is greater than the average variable cost, the firm should keep producing in the short run.

I hope my answer helps you

6 0
3 years ago
An upward-sloping labor supply curve implies that Group of answer choices a firm can always hire more workers, even without incr
Crank

Answer:

more workers are willing to work as the market wage increases.

Explanation:

IF the labour supply curve is upward sloping, its that  means there is a positive relationship between wages and labour supply. The higher the wages, the higher the number of workers willing to work. The lower the wages, the lower the number of workers willing to work

Please check the attached image for a upward sloping labour supply curve

3 0
4 years ago
g Last year, Siena Company had $11,720,000 in gross billings for products sold. The sales returns and allowances for the company
umka21 [38]

Answer:

$11,175,000

Explanation:

The net sales of Siena Company for the last year shall be determined through following mentioned formula:

Net sales=Gross sales-sales returns and allowances-sales discounts

In the given question:

Gross sales=$11,720,000

Sales returns and allowances=$370,000

Sales discounts=$175,000

Net sales=$11,720,000-$370,000-$175,000=$11,175,000

3 0
3 years ago
What does the IS curve​ show? A. It shows equilibrium points in the goods marketlong dashthe combinations of the real interest r
Mariana [72]

Answer:

Option (A) is correct.

Explanation:

Investment spending curve refers to the curve shows various combination of real interest rate and the equilibrium output. There is a negative relationship between the real interest rate and output which means that an increase in the real interest rate will reduce the output of an economy and if there is a fall in the real interest rate then as a result there is an increase in the output.

7 0
4 years ago
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