Answer and Explanation:
The computation is shown below:
a. For the maximum amount that spend each month on mortgage payment is
= Gross annual income ÷ total number of months in a year × mortgage payment percentage
= $39,600 ÷ 12 months × 28%
= $924
b. . For the maximum amount that spend each month on total credit obligatons
= Gross annual income ÷ total number of months in a year × mortgage payment percentage
= $39,600 ÷ 12 months × 36%
= $1,188
c. Now the maximum amount spend for all other debt is
For monthly mortgage
= $924 × 70%
= $646.8
And, for mortgage debt
= $1,188 × 70%
= $831.60
The adoption of interchangeable parts is the statement that directly explains the boost in production of mccormick reaper.
<h3>What is
mccormick reaper?</h3>
The mccormick reaper is a mechanical mechanism that was created by Cyrus McCormick for farmers to harvest crops mechanically.
In conclusion, the adoption of interchangeable parts is the statement that directly explains the boost in production of mccormick reaper.
Read more about mccormick reaper
<em>brainly.com/question/487638</em>
Answer:
These are the options for the question:
A) deregulation
B) socialism
C) totalitarian ideologies
D) command economies
And this is the correct answer:
A) deregulation
Explanation:
According to the information in the question, the nation of Zorwaya is regime where political leadership has tight control over economic matters. The highest authority controls both prices and production (a staple of socialism and planned economies), and opposes most foreign investment, only allowing it after strict scrutiny and tight control.
In this nation, political leadership would oppose deregulation because this would reduce their power over the economy. Deregulation would likely mean easening price controls, allowing production to flow more freely, or lifting restrictions to foreign capital, things that Zorwaya's leaders oppose.
Answer:
The Correct answer is $85 U.
Explanation:
Spending change is the contrast among the real and expected (planned) measure of a cost
Genuine Spending on cleaning equipment and supplies in April = $3,450
Planned Spending in cleaning equipment and supplies in April = $2600 + $51 × 15 boat = $ 3365
Difference among Budgeted and Actual is $ 85 for example abundance spending than planned subsequently this difference is Unfavorable for organization.
Answer:
Ashley is a finance executive. She has gathered all the data from different departments regarding the finances expended as well as earned in the process of selling a product. She needs to prepare an income statement. How should she start preparing the income statement?
show the sales revenue first
Explanation:
The sales revenue shown reflects the income accrued during the cause of sales and this comes first during income statement preparation
