It is the property taxes that go along with the mortgage monthly payment
So the answer is C: Property taxes
The lender will generally set up an escrow account to cover for the property taxes and pay these items on your behalf when they are due
Answer:
The answer is e. None of the options.
Explanation:
(1/0.14) × $750 million= $5357 million
Answer:
D
Explanation:
The federal deposit Insurance Corporation is an independent federal agencies that insures deposit in banks against any bank failures. It includes commercial banks and state chartered banks as its members.
In order to ensure that bank failures are prevented , the FDIC monitors the operational safety and effectiveness of members bank . This insurance is limited to $250,000 per depositor per bank and it covers only the depository account like the checks and savings account.
Answer:
The projected sales price is $46.21 per unit
Explanation:
The break-even point is the level of production at which the costs of production equal the revenues for a product and calculated by using following formula:
Break-even point in units = Fixed expense/(Selling price per unit-Variable cost per unit)
Selling price per unit = (Fixed expense/Break-even point in units) + Variable cost per unit)
The project has an accounting break-even point of 2,962 units.
The depreciation expense is $22,147 and The fixed costs are $46,308. The depreciation expense is fixed cost.
Total Fixed expense = $22,147 + $46,308 = $68,455
Selling price per unit = ($68,455/2,962) + $23.10 = $46.21 per unit
Answer:
c.The transactions would lower Lofland's financial strength as measured by its current ratio but raise Smaland's current ratio.
Explanation:
The current ratio compares current assets with current liabilities showing how many dollars of assets are there for a dollar of liabilities. This tells investors about the company ability to pay short-term obligations or those due within one year.
Current Ratio = Current Asset (CA) / Current Liabilities (CL)
Lofland's NOW = 20 M CA / 10 M CL = 2.00
Lofland's AFTER = 30 M CA / 20 M CL = 1.50
Smaland's NOW = 10 M CA / 20 M CL = 0.50
Smaland's AFTER = 20 M CA / 30 M CL = 0.67
Lofland's current ratio gets lower, so its financial strength as well. Instead, Smaland's current ratio gets higher and It´s financially stronger.
