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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

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Comet Company is owned equally by Pat and his sister Pam, each of whom hold 100 shares in the company. Comet redeems 50 of Pam's
saw5 [17]

Answer:

Correct option is C

Explanation:

Total E&P = $ 160000

Total voting Right Sold = 50/ (100+100) = 25%

Reduction of E& P due to exchange = Total E&P*Total voting Right Sold

Reduction of E& P due to exchange = 160000*25%

Reduction of E& P due to exchange = 40000

Reduction of E& P Lower of Total E&P*Total voting Right Sold or Amount realised

Reduction of E& P Lower of 40000 or (50*1000)

Reduction of E& P Lower of 40000 or 50000

Answer

C. A reduction of $40,000 in E&P because of the exchange.

 

8 0
3 years ago
What is the base of Selection Process?
AlladinOne [14]

Answer:b

Explanation:

Because

6 0
3 years ago
M Corp. has an employee benefit plan for compensated absences that gives each employee 15 paid vacation days. Vacation days can
kicyunya [14]

Answer:

$27,600

Explanation:

Here, at the end of December 2021, M's unadjusted balance of liability towards vacation days are found to be 200 Days. And also provided that, on an average, each employee will earn $138 per day.

The amount of Liability for compensated absences in M Corporation = 200 Days * $138 per day = $27,600

3 0
3 years ago
Rank the following three stocks by their level of total risk, highest to lowest. Rail Haul has an average return of 12 percent a
aalyn [17]

Answer:

Idol Staff, Rail Haul, Poker-R-Us

Explanation:

The standard deviation of a stock is a measure of the volatility of the stock or simply put, a measure of risk of the stock.

The idea of using standard deviation as a measure of stock risk is in the relation of the stock to its returns.

The farther the standard deviation is from the revenue, the more risky or at risk the stock is.

From the above question, Idol staff has the highest level of risk of 20% (i.e 35-15). Next up is Rail Haul with a risk level of 13% (i.e 25-12). the stock with tthe lowest risk level is Poker-R-Us with 11% (i.e 20-9).

Cheers.

3 0
3 years ago
Use the Internet to research different outside financing sources available to entrepreneurs. You will need to have at least thre
Scrat [10]

Answer:

Three sources of financing to a business includes;

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Wealthy and experienced retired industry leaders, that invest in startups, require transparency, and take charge of the supervision of the business management practices

2) Business Accelerator or Incubators (MaRS; MaRS Discovery District)

An incubator provide enabling environment and resources for startups to develop ideas before going into production

3) Bank Loans (Business Development Bank of Canada, BDC)

Bank provide loans to startup with a good idea and an accompanying excellent business plan, and personal guarantee

Explanation:

8 0
3 years ago
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