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Ksenya-84 [330]
3 years ago
5

The Phillips family has a joint gross monthly income of $11,300. The $499 lease payment for their car expires in four months. A

student loan that has been deferred will kick in at the end of the year, and payments will be $210 monthly. Joe Phillips pays child support for his children with his first wife in the amount of $2,200 per month, but $600 of that will drop off in four months when his oldest son turns 18. They are buying a new home with a loan that carries a $2,700 a month payment. What is their housing ratio
Business
1 answer:
Vladimir79 [104]3 years ago
8 0

Answer:

24%

Explanation:

Calculation to determine their housing ratio

Using this formula

Housing ratio= Housing expenses / Gross monthly income

Let plug in the formula

Housing ratio= $2,700/ $11,300

Housing ratio= 24%

Therefore their housing ratio is 24%

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29. Fiona has initiated a project to establish a company website for interactive electronic commerce that encourages customers t
vichka [17]

Answer:

D) Relationship marketing

Explanation:

Relationship marketing is a strategy companies use to connect with their customers, build relationships and ensure loyalty. It involves engaging customers over a lengthy period to know their needs and then providing them with products or services tailored to satisfy those needs.

By initiating a project to build a website and encouraging customers to provide certain information to the company, Fiona plans to use the Internet for "relationship marketing".

5 0
3 years ago
When a home is hit with a assessment to pay for an improvement in the neighborhood such as sidewalk repair, or paving a road, or
enyata [817]

Answer:

Brokers must disclose the information regarding the improvement and the fact that the property's taxes will increase the next year. Neighborhood improvements are paid by  Special Assessment Districts adding taxes to existing properties or increasing sales taxes. Buyers need to know what property taxes they are expected to pay, and in this case, the current property taxes must be adjusted to show the real amount that will  be paid in the future.

This isn't something necessarily bad because you are going to pay higher taxes, but your neighborhood is also improving.

8 0
3 years ago
Mariposa Corporation is considering purchasing equipment for $200,000. Mariposa expects this equipment will last for 20 years an
Westkost [7]

Answer:

$24,220

Explanation:

After tax cashflow formula as follows;

AT cashflow = Income before taxes(1- tax) + annual depreciation amount

Depreciation amount is added back because even though it is an expense deducted to arrive at the income before tax, it is not an actual cash outflow.

Annual depreciation amount = $200,000/ 20 = $10,000

AT cashflow = 18,000*(1-0.21) + 10,000

= 14,220 + 10,000

= 24,220

Therefore, Mariposa’s expected cash flow after taxes per year is $24,220

6 0
3 years ago
The purchasing power of the dollar would fall by 20% if the price index rises by:A. 44 percentB. 12.5 percentC. 25 percentD. 10
Afina-wow [57]

Answer:

correct answer is C. 25 percent

Explanation:

solution

we relate purchasing power to the purchasing of product by consumer to investor for the prosperity of economy

so we consider here price index that is  = 100

and it is rise to =  125

so that  purchasing power will be decrease by  x to the \frac{100x}{125}

and money value will be lead to %change as

money value  = \frac{x-\frac{100x}{125} }{x}    .................1

money value  = 1 - 0.8

money value  = 0.2

money value  = 20%

so we can say that when we buy with 20% than purchase power will be fall as 25% increase in the price

so correct answer is C. 25 percent

7 0
3 years ago
Question 4 of 20
lisov135 [29]

Answer:

A

Explanation:

I'm not 100% certain but if I'm not wrong it has to either be A or D since indirect isnt going STRAIGHT to the gonverment

7 0
3 years ago
Read 2 more answers
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