Answer:
52.12
Explanation:
The present value of an annuity of $9.05 for 9 years at a 10% will be $52.12
So the current share price of Burnett Corp must be $52.12 to fullfil the requirement of a 10% return
The amount of net income is $50,158.93.
Given:
Debt ratio = 62%
Asset turnover = 1.24
Profit margin = 5.1%
Total equity = $489,600
Find the Total Debt:
Debt = debt ratio × total equity
Debt = 0.62 * 489,600
Debt = $303,552
Find the Total Assets:
Total assets = Total debt + Total equity
Total assets = $303,552 + $489,600
Total assets = $793,152.
Find Total Turnover:
Turnover = Total assets * Total asset turnover ratio
= $793,152. * 1.24
= $983,508.48
Now find the amount of Net Income:
Net Income = Turnover * Profit margin
Net Income = $983,508.48 * 5.1%
= $50,158.93
The amount of net income is $50,158.93.
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<h2>Answer</h2>
Option 2 - Provided by the government in market economies.
<u>Explanation</u>
The facilities or services provided by the government in the economy are for the satisfaction of the citizens as they start to live an easier life without difficulties and carry out their lives in an easier way. In economy, things are included like infrastructure, education, and security, etc, which provide enough services for the people that make their lives convenient to an extent where they can do things of their own choice without worrying or having any difficulty.
Answer:
<u>no</u>
<u>Explanation:</u>
Remember, we are told that even though an "I accept terms" box appeared, "without clicking on the box, Reasonover quit the page". That means Reasonover didn't expressedly accept the "Terms of Service."
Hence we could conclude that Reasonover was not bound to this clause found only on the website.
The lender wishes to sell the loan to Fannie Mae.
Appraiser Independence Requirements (AIR) are a group of standards designed to switch the property appraisal house Valuation Code of Conduct (HVCC). The most objective was to preserve the intent of HVCC while continuing to boost security for mortgage investors, lenders, realty brokers, home buyers, and also the overall construction industry.
Both corp and corp require that every one single-family loan they purchase adhere to standards for solicitation, selection, compensation, and practitioner independence property appraisal when it involves home appraisals. A property's appraisal value is influenced by recent sales of comparable properties and by current market trends.
The home's amenities, the quantity of bedrooms and bathrooms, the ground plan's functionality, and also the square footage also are key factors in assessing the home's value.
The Appraiser Independence Requirements (AIR) were developed by Federal National Mortgage Association, the Federal Housing Finance Agency (FHFA), Freddie Mac, and key industry participants to exchange the house Valuation Code of Conduct (HVCC).
Lenders don't seem to be required to use AMCs. Lenders must make sure that appraisers are engaged independently and not unduly influenced. As a result, many lenders use Appraisal Management Companies (AMCs) to meet that role.
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