Answer:
96.5%
Explanation:
Data provided in the question:
Purchase price i.e the value = $278,000
Down payment paid = 3.5%
Upfront mortgage insurance premium = $4,865
Now,
Amount of down payment = 3.5% of loan value
= 0.035 × $278,000
= $9,730
Therefore,
The loan value = value - Amount of down payment
= $278,000 - $9,730
= $268,270
Thus,
loan-to-value on the loan = [ loan value ÷ value ] × 100%
= [ $268,270 ÷ $278,000 ] × 100%
= 96.5%
Answer:
Results are below.
Explanation:
Giving the following information:
Purchase price= $80,360
Salvage value= $7,910
Useful life= 7 years
<u>To calculate the annual depreciation, we need to use the following method:</u>
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (80,360 - 7,910) / 7
Annual depreciation= $10,350
<u>2022:</u>
Annual depreciation= (10,350/12)*2= $1,725
<u>2023:</u>
Annual depreciation= $10,350
Answer:
$540,000
Explanation:
Calculation for The company's differential revenue from the acceptance of the offer
Using this formula
Differential revenue = Number of units of export order * Offer price per unit
Let plug in the formula
Differential revenue=9,000*$60
Differential revenue= $540,000
Therefore the company's differential revenue from the acceptance of the offer is $540,000
Answer: (B) Promotional strategy
Explanation:
The promotional strategy is one of the type of marketing strategy in which the various types of products and the services are get promoted by the various types of techniques such as public relation, advertising, sales promotion and the social media.
The promotional strategy provides various types of benefits as it increase the productivity of the products and the services in the market.
There are usually four types of promotional strategy that are:
- Advertising
- Personal selling
- Publicity
- Sales promotion
Therefore, Option (B) is correct.
The Manger Has exercised <u>Concurrent Control</u> on Evan by taking the decision to retrain him.
Explanation:
Concurrent control as the name suggest is the type of control that takes place in the Real-time or at the time the mistake occur.It is a type of a ongoing control and is a continuous process.
This type of control is used to monitor those employees who directly interact with the customers
<u>For Example</u>: A restaurant waiter must be aware about the menu list(Starters,Main Course),A car sales man should be aware about the features of the car and its USP(Unique Selling Proportion)
