Bob and mary are financing $180,500 for a new home. their lender will approve an interest rate of 5% if bob and mary pay two discount points at closing. Cost them is $3,610.
A discount point is 1% of the loan amount. Bob and Mary are paying two points (or 2% of $180,500), which is $3,610.
What is discount points?
- Discount points are a shape of paid ahead of time intrigued that contract borrowers can buy to lower the intrigued rate on their consequent month to month payments.
- Discount points are a one-time expense, paid up front either when a contract is to begin with orchestrated or amid a refinance.
- Each markdown point for the most part costs 1% of the overall credit and brings down the loan’s intrigued rate by one-eighth to one-quarter of a percent.
- Points don’t continuously got to be paid out of the buyer’s stash; they can some of the time be rolled into the advance adjust or paid by the vender.
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Answer:
![\left[\begin{array}{cccc}Range&80,000&100,000&120,000\\ Materials&400,000&500,000&600,000\\ Labor&480,000&600,000&720,000 \\ Overhead&640,000&800,000&960,000 \\ Variable&1,600,000&2,000,000&2,400,000 \\ Depreciation&200,000&200,000&200,000 \\ Supervision&100,000&100,000&100,000 \\ Fixed&300,000&300,000&300,000\\ Total&1,960,000&2,300,000&2,700,000\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7DRange%2680%2C000%26100%2C000%26120%2C000%5C%5C%20Materials%26400%2C000%26500%2C000%26600%2C000%5C%5C%20Labor%26480%2C000%26600%2C000%26720%2C000%20%5C%5C%20Overhead%26640%2C000%26800%2C000%26960%2C000%20%5C%5C%20Variable%261%2C600%2C000%262%2C000%2C000%262%2C400%2C000%20%5C%5C%20Depreciation%26200%2C000%26200%2C000%26200%2C000%20%5C%5C%20Supervision%26100%2C000%26100%2C000%26100%2C000%20%5C%5C%20Fixed%26300%2C000%26300%2C000%26300%2C000%5C%5C%20Total%261%2C960%2C000%262%2C300%2C000%262%2C700%2C000%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Explanation:
We multiply the variable component for each relevant range.
Then for the fixed cost, we post the total.
Notice it is given for 1,200,000 units
so total depreciation 1,200,000 x 2 = 2,400,000 = 200,000 per month
Supervisor 1,200,000 x 1 = 1,200,000 = 100,000 per month
The entrepreneurial qualities that helps any businessman to be successful in his or her business are as follows:
1) The quality of goods and services should be maintained.
2) The information regarding the product needs to be disseminated to the public.
3) Finance and funding should be taken care of to avoid illegal profits and bankruptcy.
4) True and fair means of practices should be followed.
5) The entrepreneur should be accountable and responsible for the services provided by him.
Companies with residual dividend policies priorities paying capital expenditures out of earnings.
<h3>What is payout ratio?</h3>
The payout ratio, which is calculated as a percentage of the firm's total earnings, demonstrates the part of earnings that a company distributes to its shareholders in the form of dividends. By dividing the total dividends given out by the net income made, the computation is arrived at.
For dividend investors, the dividend payout ratio is a crucial indicator. It demonstrates how much of a company's earnings are distributed to investors. The higher that number, the less cash a corporation has left over to fund dividend growth and corporate expansion.
Companies with residual dividend policies priorities paying capital expenditures out of earnings. Any unused revenues are then used to pay dividends. Long-term debt and equity are often both parts of a company's capital structure.
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Americans purchase more domestically produced electronics.
China has ceased all product marketing to Americans. Chinese gadgets are becoming more affordable. Consumer demand for domestically produced electronics in the US rises as a result of the electronics trade with China.
An economic idea known as demand theory explains the connection between customer demand for products and services and market prices.
Demand is the quantity of an item or service that customers are willing and able to purchase at a specific price in a specific time frame.
Demand theory explains how alterations in customer demand for an item or service have an impact on its market price.
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