All categories

3 years ago

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

acc 340 Checkers uses the periodic inventory system. For the current month, the beginning inventory consisted of 7,200 units tha

LenaWriter [7]

Answer:

$113,700

Explanation:

Last in first out (LIFO) is an inventory management method, in which the cost of the most recent product bought are the first to be charged to expenses.

With regards to the above question, we'll have;

Inventory sold = (12,000 × $13.5) + (900 × $13) = $173,700

Ending inventory = [7,200 × $12] + [(3,000 - 900) × $13]

Ending inventory = $86,400 + $27,300

Ending inventory = $113,700

Therefore, the ending inventory using LIFO is $113,700

8 0

3 years ago

The mass exodus of more affluent caucasians from urban to suburban areas is sometimes referred to as

Andreyy89

Answer: "white flight" .
___________________________________________

3 0

3 years ago

What is a pestle analysis for an escape room

Irina-Kira [14]

Answer:

The following information summarizes the SWOT analysis for an escape room business. SWOT stands for strengths, weaknesses, opportunities, and threats. A SWOT analysis is a method for strategic planning that evaluates these four elements as they relate to the business objectives. Every escape room business should invest time into completing a SWOT to help ensure success.

Strengths

Relatively easy entry and low capital outlay.

Unique themes

Variety of difficulty levels

Game masters trained for role-playing and excellent customer service

Location is close to customers and relatively far from competitors

Regular changes to clues and puzzles

Weaknesses

Upset customers can potentially harm both business reputations or cause collateral damage by way of online reviews.

New to the area and market

Brand not well established

Limited capital

Opportunities

Reach a customer geography not yet catered for

Growing industry and popularity of mystery rooms

Unlimited number of new themes, game, and clues

Low barriers to entry

Threats

Another new entrant or current supplier expansion could potentially hurt market share.

While we do have a backup, the website could go down for technical reasons.

Sales tied to economic growth.

Game mechanism not protected under U.S. intellectual property law

Established companies expanding into the City

Explanation:

7 0

3 years ago

Suppose that consumption decreases. What is the effect on investment and real interest rate? Analyze using graphs. Briefly descr

Talja [164]

Answer:

Interest rates and investment

If interest rates are increased then it will tend to discourage investment because investment has a higher opportunity cost. With higher rates, it is more expensive to borrow money from a bank. Saving money in a bank gives a higher rate of return.

8 0

3 years ago

Participation in sport keeps youths off the street and out of trouble. This is central to which explanation of the relationship

inn [45]

Complete/Correct Question:

Participation in sport keeps kids off the street and out of trouble. This is central to which explanation of the relationship between organized sport and delinquency?

a. labeling

b. economic strains

c. undifferentiated arousal

d. social bonding

e. differential association

Answer:

E, Differential association

Explanation:

Differential Association is a criminology term invented by Edwin Sutherland that shows how interaction between these people influence people to learn attitudes, values. characters, techniques as well as criminal behavior from each other.

To this effect, participation in sports brings youths together and as such changes their thoughts and are influenced to have discipline, ethics, etc which is an important aspect of sportsmanship. This influences helps to keep youths off the street and out of trouble subsequently.

Cheers.

7 0

3 years ago