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3 years ago

Down payment assistance programs offer grants and affordable loans to help offset the upfront cost of homeownership

2 answers:

8 0

Homebuyer programs provide access to down payment funds to help more families take advantage of these record low-interest rates now. 3. Helps offset FHA premiums and mortgage insurance. Over the years, FHA has been the primary place for many first-time homebuyers to get a low-cost, low down payment loan.

klasskru [66]3 years ago

8 0

Answer:

true

Explanation:

DPA is forgiveable loan that can be use as down payment of the house

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Today, you sold 540 shares of stock and realized a total return of 6.3 percent. You purchased the shares one year ago at a price

GuDViN [60]

Answer:

B. 5.40 percent

Explanation:

Let today's price per share be $X

Total return = [ (New value + Dividend - Old value) / Old price ] *100

Old value = $24 *540 = $12,960

Next, plug in the numbers to the formula;

0.063 = [ (540X + 117 - 12,960)/ 12,960 ]

0.063 = $[\frac{540X-12,843}{12,960} ]$

multiply both sides by 12,960;

0.063 *12,960 = 540X - 12,843

816.48 = 540X - 12,843

Add 12,843 from both sides and solve for X;

816.48 + 12,843 = 540X

13,659.48 = 540X

Divide both sides by 540;

13,659.48/ 540 = X

X = 25.295

Therefore, today's price per share = $25.30

Capital gains yield= (Today's price - Original price) /Original price

Capital gains yield = (25.295 -24) / 24

=0.05396 or 5.40%

Therefore, Capital gains yield is 5.40%

3 0

3 years ago

what are the main purposes of a budget? to record the past income and spending. to take a it a student loan from the bank. to pl

Softa [21]

I think its either to balance available resources and expenses or to plan future income and spending

7 0

2 years ago

Each month, Burrel Incorporated produces 500 units of a product that has unit variable costs of $22. Total fixed costs for the m

Gnom [1K]

Answer:

difference between the offered price and the variable cost per unit

Explanation:

The contribution margin per unit of a product is the difference between the selling price per unit and variable cost per unit. The contribution margin per unit shows the amount available from each unit sold that cater to fixed costs and profits. A higher amount of contribution margin is desirable as it assures that each unit sold is contributing to profitability.

When the variable costs are more than the selling price, it means a business is not meeting any of its costs. The firm is running at a loss and is likely to close down soon. Before accepting or rejecting the special offer, the business should compare the proposed price and variable costs. If the contribution margin is positive, then the order should be considered.

5 0

3 years ago

Josh purchased 100 shares of XOM at the beginning of 2016. He received dividends per share of $1.37 (2016), $1.55 (2017), $1.

Natalka [10]

Answer: 7.80%

Explanation:

At the end of 2016, Josh received a dividend of $1.37 and at the end of 2020, he received one of $1.85.

You can calculate the growth rate with the formula:

Dividend Growth Rate = (Dividend received at end of 2020/Dividend received at end of 2016) ^ (1/n) - 1

2016 to 2020 is 4 years.

Dividend growth rate = (1.85 / 1.37)¹/⁴ - 1

= 0.07798518

= 7.80%

8 0

3 years ago

Following are several figures reported for Allister and Barone as of December 31, 2018:

Natali5045456 [20]

Answer and Explanation:

The computation of inventory, sales, cost of goods sold, Operating expenses and Net income attributable to non-controlling interest is shown below:-

But before that we need to determine the following calculations

Unrealized profit on inventory = ($172,000 - $126,000) × 10%

= $4,600

Customer list amortization = $70,000 ÷ 4

= $17,500

Inventory = $530,000 + $330,000 - $4,600

= $855,400

Sales = $1,060,000 + $860,000 - $172,000

= $1,748,000

Cost of goods sold = $530,000 + $430,000 + $4,600 - $172,000

= $792,600

Operating expenses = $245,000 + $315,000 + $17,500

= $577,500

Net income attributable to non-controlling interest = 10% × ($860,000 - $430,000 - $315,000 - $4,600 - $17,500)

= 10% × $92,900

= $9,290

8 0

3 years ago