1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alina [70]
2 years ago
12

A person's debt-to-income ratio describes.

Business
2 answers:
Mamont248 [21]2 years ago
7 0

Answer:

D. how much the person has borrowed compared to how much he or she earns​

Explanation:

A person's debt-to-income ratio, abbreviated as DTI, is a measure of a person's monthly debt obligation against their monthly gross income. It shows the fraction or percentage of gross income that is committed to debt repayments. Lenders use the debt-to-income ratio to assess a borrower's ability to repay future loans.

Calculating the debt-to-income ratio requires one to add up all their existing loan repayments and divide that figure with their gross income. Lenders insist on a ration that does not exceed 36% as per the 28/36 rule.

alina1380 [7]2 years ago
7 0

Answer: D; how much the person has borrowed compared to how much he or she earns

Explanation: A pex

You might be interested in
What do you think is the most important skill a judge can possess
Airida [17]

Answer:

The decision making skill because it's hard for a judge to make the right decision.

4 0
3 years ago
How should Kane work with the salespeople to introduce the change?
Nataly [62]

activities. In this chapter, you will learn about these two important management activities. ... To implement organizational change, managers must work to overcome that resistance ... Second, Kane's salespeople were.
3 0
3 years ago
Jordan plans to open a computer repair business this summer. As he plans, he writes down the long-term goals of the business so
Zarrin [17]

Answer:

D) Establish the mission, vision, and values statements

Explanation:

A mission statement is a short written description of what is the purpose of your company, or why does it exist. The mission statement usually includes the company's capabilities, what unsatisfied needs will the company satisfy, and activities will be carried out to satisfy their customers' needs.

The mission statement is the cause (before) and the vision statement is the effect (after). The vision statement should describe the long term goals that your company should accomplish. It serves as a guide to where you want to be in the future.

The value statements should describe how Jordan values his own business (including employees), his customers (including the community) and his suppliers. The values statements serve as a guide on how Jordan and his employees should behave within the business.

5 0
3 years ago
ring its first five years of operations, Della Manufacturing reports net income and pays dividends as follows. Year Net Income D
miv72 [106K]

Answer: See explanation

Explanation:

The retained earnings will be calculated as:

= Begining retainers earnings + Net income - Dividend.

Year 1:

Retained earning = 0 + 2000 - 1700

= 300.

Year 2:

Retained earning = 300 + 2600 - 1600

= 1300

Year 3:

Retained earning = 1300 + 2600 - 2200

= 1700

Year 4:

Retained earning = 1700 + 5900 - 2900

= 4700

Year 5:

Retained earning = 4700 + 8800 - 3100

= 10400

3 0
3 years ago
Which person would most benefit from homeowners insurance?
atroni [7]

The person would most benefit from homeowners insurance is D) Fran lives in an assisted living facility.

<h3>What is insurance?</h3>

Insurance can be described as the way of  managing your risk when someone subscribe to  insurance,  then the  protection against unexpected financial losses is been gotten.

Hence, The person would most benefit from homeowners insurance is D) Fran lives in an assisted living facility.

Therefore , option D is correct.

Learn more about insurance at:

brainly.com/question/25855858

#SPJ1

4 0
2 years ago
Other questions:
  • Hummer Company purchased a delivery truck. The total cash payment was $30,020, including the following items. Negotiated purchas
    11·1 answer
  • Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one uni
    14·1 answer
  • Willetta Company purchases inventory for $18,000 with terms 2/10, n/30. It then returns $2,800 of the inventory purchased to the
    9·1 answer
  • Marc and Michelle are married and earned salaries this year of $64,000 and $12,000, respectively. In addition to their salaries,
    9·1 answer
  • Ashley bought a desktop computer and a laptop computer. Before finance charges, the laptop cost $350 more than the desktop. She
    13·1 answer
  • Windsor Company reports the following financial information before adjustments. Dr. Cr. Accounts Receivable $145,600 Allowance f
    12·1 answer
  • Which of the following would not be found in a schedule of noncash investing and financing activities, reported at the end of a
    13·1 answer
  • In the five C's, how is cost different from price?
    11·1 answer
  • Paul, a calendar year single taxpayer, has the following information for 2020: AGI $175,000 State income taxes 13,500 State sale
    13·1 answer
  • Identify the change in the parent function that will produce the related function shown as a dash line. f(x)= √ x
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!