Answer:
77.27% or
(17/22)%
The loan will accepted
Explanation:
property value 550,000
haircut 125,000
550,000 - 125,00 = 425,000 mortage value
425,000/550,000 = 77.27% = (17/22)%
The ratio is below the cutoff, so it is within the boundaries the lender expect. The loan will be given.
Renaldo would earn <span>2817.63. You take the $ of sales and multiply it by the commissions percentage, then add the number you get with the flat salary to get his total $ earned that month.</span>
Answer:
False
Explanation:
According to Pamela Webbers research in the U. S
40% of men started their first entrepreneurial venture before the end of their 35th year, while only 33% of women fell into this category.
Answer:
A. $91,770
Explanation:
The direct materials in the flexible budget for October:
Cost = Variable Cost + Fixed Cost
Variable Cost = Actual level of activity*Direct material Variable element per unit = 6,650 units * $13.80 = $91,770
Fixed Cost = $0
So, the direct materials in the flexible budget for October = $91,770 + 0 = $91,770.
Answer:
Most trades on NYSE are executed electronically. Brokers can still make trades manually, but the majority of trades today are executed through the exchange's electronic systems.
Explanation:
A Floor trader is someone who who owns a trading license and buys and sells for his or her personal account, an individual on the floor of the NYSE.
A designated market maker is one who acts as a dealer in one or more securities on the floor of the NYSE.
A dealer is one who maintains an inventory from which he or she buys and sells securities.
A broker is an agent who arranges a transaction between a buyer and a seller of equity securities.