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
ser-zykov [4K]
3 years ago
11

At what debt to income ratio might a Marine be considered overextended

Business
1 answer:
natta225 [31]3 years ago
6 0

Answer:

21% to 30%

Explanation:

The debt to income ratio indicates the percentage of the earnings that are being used to pay the debts every month. The guidelines for Marines state that when the ratio is less than 15% they have to be careful when taking a loan and when it is from 16% to 20% they should avoid taking more debt. Also, from 21% to 30%, they are overextended and shouldn't take more debt and more than 30% indicates that they have to get help to decrease the debt.

According to this, a Marine might be considered overextended when the debt to income ratio is between 21% to 30%.

You might be interested in
Which incident inspired Aaitaman?<br><br>​
andriy [413]

Answer:

you can search either in Google or brainly and then you will have the answer

3 0
3 years ago
Read 2 more answers
You are a project manager leading an IT development project. Halfway through your project, you realize that you need to hire an
aliina [53]

Answer:

The project manager can convince the project sponsors with the following reasons which are,

(1) Telling the sponsors the additional benefits that the team will have once a member enters the team.

(2)Informing the sponsors about the work not completed due to lesser number of workers.

(3)Informing the sponsors the additional benefits that the team  will have once a member enters the team.

For on boarding a new worker the project manager does the following which includes:

(1)it is very necessary  to share the agendas and charters  of the previous meetings of the project to help individuals to familiarize with the project scope and goals.

(2)Having a one one meeting a with the individual and  discussing with him/her about the project and solve his/her issues.

(3) Doing a formal introduction of the new member  to both the project team and stakeholders of the project.

Explanation:

Solution:

In the half way of the project, the project manager can convince the project sponsors in the following ways shown below:

  • Informing the sponsors about the work not completed due to lesser number of workers
  • Informing the sponsors about the delays taking place due to shortage of  members in the team
  • Telling the sponsors the additional benefits that the team  will have once a member enters the team
  • Convincing the sponsors by discussing and talking with him/her the various drawbacks of not having the required  numbers of members in the team.

For getting a new member on board for the project, it is very important to share the agendas and charters and minutes of the previous meetings of the project to enable individuals to familiarize with the project scope and goals.

Secondly, a one one meeting and discussion with the individual must be organized to brief him/her about the project and solve his/her issues.

Finally the new member must be introduced to both the project team and stakeholders of the project.

5 0
3 years ago
Diggin Tools just issued new preferred stock, which sold for $85 in the stock markets. Holders of the stock will receive an annu
lys-0071 [83]

Answer:

c. 11.70 percent

Explanation:

The computation of the cost of preferred stock is shown below:

= Annual dividend ÷ Sale price of preferred stock × (1 - flotation cost)

= $9.35 ÷ $85 × (1 - 6%)

=  $9.35 ÷ $79.9

= 11.70%

We ignored the marginal tax rate i.e 30%. In the case of preferred stock, the flotation cost would be deducted. We consider all the things that are given in the question

3 0
3 years ago
In a bill-and-hold arrangement, revenue only can be recognized after the sale of the goods to the end user.
Verdich [7]

The correct answer is True. When ownership of the items passes to the customer, revenue is realised. In addition to the requirements for determining when control transfers, a reporting entity must also satisfy certain additional requirements for a customer to have achieved control in a bill-and-hold arrangement.

A bill and hold sales arrangement allows for payment in advance of the item's delivery. This is a sales agreement when a product seller invoices a consumer up front but doesn't actually ship the thing until later.

In a bill and hold transaction, the vendor does not deliver the purchased goods to the customer, but the associated income is still recorded. Under this structure, revenue cannot be recognised until a number of severe requirements have been satisfied. The possibility of falsely recognising revenue too early exists otherwise.

To learn more on bill and hold arrangement

brainly.com/question/14009218

#SPJ4

8 0
1 year ago
Owen Company makes a product that sells for $61 per unit. The company pays $37 per unit for the varlable costs of the product an
DerKrebs [107]

Answer:

25%

Explanation:

the formula for the margin of safety is as follows

margin = current sales level -breakeven point/ current sales level x 100

expected sales unit = 20,000 units

the break-even point is fixed costs/contribution margin

fixed costs= $360,000

contribution margin = sales price- variable costs

=61-37

=24

breakeven point = $360,000/ 24

=15000

the margin of safety =  20,000-15,000/20,000 x 100

=5000/20000 x 100

=25%

7 0
3 years ago
Other questions:
  • Which of the following proposes that job satisfaction has a positive effect on customer service, which flows on to shareholder f
    12·1 answer
  • Why is a long term consequence of paying less than the minimum amount due on your bills
    6·1 answer
  • As a company prepares to look for talent in a particular position or group, it can evaluate the tasks needed, complete a talent
    8·1 answer
  • In projecting operating expenses for the second and third year costs like ________ are likely to remain stable unless new equipm
    8·1 answer
  • Q 11.26: The board of directors of Testa Incorporated has decided that they would like to declare a $400,000 cash dividend at so
    11·1 answer
  • Marginal cost is equal to A. change in total variable cost divided by change in output. B. change in total cost divided by chang
    11·2 answers
  • The Maybe Pay Life Insurance Co. is trying to sell you an investment policy that will pay you and your heirs $25,000 per year fo
    12·1 answer
  • All of the following are tactics that stores use to encourage you to make impulse choices EXCEPT ..
    5·2 answers
  • On September 1, 2021, Middleton Corp. lends cash and accepts a $13,000 note receivable that offers 9% interest and is due in six
    10·1 answer
  • Can I Plss get some help on this
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!