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umka2103 [35]
3 years ago
10

Scenario 1: Jack and Jill are looking to purchase their first home and we need to discover what their debt-to-income ratios are.

Jack makes a gross income of $4,567 a month while Jill makes a gross monthly income of $3,200. Jack and Jill have a mortgage payment of $750 a month. They also have credit card payments of $50 and $25 a month, they have two car payment one for $111 (which will be paid off in 6 months) and $256. They also pay $120 for their cell phone and make a monthly contribution to their 401K of $1,200. What is their front end and back end DTI
Business
2 answers:
AysviL [449]3 years ago
4 0

Answer:

ansrwer is long i cannot understand

Explanation:

plsease help me

malfutka [58]3 years ago
3 0

Answer:

ty for the points ty forthe points ty f or the points ty fir the points ty for the pojnts ty for the po ik nts ty f or the pojnts i love point tt for points i love pojnts

ا ago

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If real GDP grew by 6 percent and population grew by 2 percent, then real GDP per person grew by approximately ______ percent.
Novay_Z [31]

Answer:

3%

Explanation:

Real GDP per person is a measure of the economic wellbeing of the populace of a country.

Real GDP per person = Real GDP / population

6% / 2% = 3%

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Real GDP is GDP calculated using base year prices. Real GDP has been adjusted for inflation.

3 0
3 years ago
regarding references what are some things to keep in mind when creating a reference list for a potential employer
alekssr [168]

When you are creating a references list, you want to make sure that the people you list can speak to your abilities, that they will speak favorably of you and your work, and that they are willing to serve as a reference.

4 0
3 years ago
Read 2 more answers
Stockholders invest $30,000 in exchange for common stock of the corporation. 2 Hires an administrative assistant at an annual sa
Black_prince [1.1K]

Answer:

Explanation:

1)

Dr Cash $30,000  

Cr Common Stock  $30,000

2) No Entry  

3)

Dr Office Furniture $3,800  

Cr Accounts Payable  $3,800

6)

Dr Accounts receivables $10,800  

Cr Service Revenue (Commission) $10,800

10)

Dr Cash $140  

Cr Service Revenue (Commission)  $140

27)

Dr Accounts Payable $700  

Cr Cash  $700

30)

Dr Salary Expense $3,000  

Cr Cash  $3,000

8 0
3 years ago
The Hype Company's currently outstanding bonds have a 10 percent coupon and a 11 percent yield to maturity. Hype believes it cou
zavuch27 [327]

Answer:

After tax cost of debt is 6.82%

Explanation:

Currently the yield to maturity is the  pre-tax cost of debt for Hype company, however the after tax cost of debt considers that the bonds are tax deductible , its actual is less than the pre-tax cost of debt , hence the after-tax cost of debt is shown below

After tax cost of debt=yield to maturity *(1-tax)

after tax cost of debt=11%*(1-0.38)

after tax cost of debt=11%*0.62

after tax cost of debt =6.82%

This confirms that cost of debt is usually lower than cost of equity , where shareholders would want an extra premium to compensate them for the increased risk taken by investing in the business.

5 0
4 years ago
A company is preparing a bid on a government contract for 30 units of a certain product. There is some learning curve effect tha
ololo11 [35]

Answer:

Average time per unit is 59.6 hours

Explanation:

As we know as the work is done the learning of the labor force increases and they require less time to produce the next unit. An average time required to produce specific numbers of unit including cumulative effect of the learning curve.

As per given data

Number of units = 30 unit

Ratio of Time to produce second unit = 90 / 100 = 0.9

Accumulated Average time per unit Formula is

y = aX^b

Where

y = Average time per unit = ?

X = Cumulative Numbers of unit = 30

a = Time required to produce first unit = 100 hours

b = factor used to calculate cumulative average time = log (Learning Curve %/ log2) = Log (90/100) / Log2 = -0.152

Place value value in the formula

y = 100 x 30^ -0.152 = 59.6 hours

7 0
3 years ago
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