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3 years ago

Which two of these are essential for completing an initial mortgage loan application?

Business

1 answer:

Vitek1552 [10]3 years ago

4 0

*Your name.

*Your income.

*Your Social Security number (so the lender can check your credit)

*The address of the home you plan to purchase or refinance.

*An estimate of the home's value.

*The loan amount you want to borrow.

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Consider luxury weekend hotel packages in las vegas. When the price is $250, the quantity demanded is 2,000 packages per week. W

Aleonysh [2.5K]

Answer: Elasticity of luxury weekend hotel packages in las vegas is -1.432.

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to a change in the price of the good.

Mid point method-

$e=\frac{Q2-Q1}{\frac{Q1+Q2}{2} } * \frac{\frac{P1+P2}{2} }{P2-P1}$ $e=\frac{1700-2000}{\frac{2000+1700}{2} } * \frac{\frac{280+250}{2} }{280-250}$

$e=\frac{-300}{1850} } * \frac{265}{30}$

$e= -0.16216*8.8333$

$e= -1.432$

Elasticity of luxury weekend hotel packages in las vegas is -1.432.

5 0

3 years ago

Mrs. Cox, a head of household, earned a $313,000 salary and recognized a $29,300 net long-term capital gain this year. Use Indiv

SCORPION-xisa [38]

Explanation:

. $4,395 ($29,300 long-term capital gain × 15%)

6 0

4 years ago

Capital Consulting Company had 390,000 shares of common stock outstanding on December 31, 2017. On that date, there were also 4,

Nina [5.8K]

Answer:

Basic earning per share = $3.69

Explanation:

Earning per share (EPS) = earnings available to ordinary shareholders/ number of ordinary shares

Number of ordinary shares = 390,000 × 2 = 780,000 units

Net income 2,900,000

Preferred dividend <u> ( 24,000)</u>

Earnings available to shareholders <u>2,876,000</u>

Number of ordinary shares 780,000 units

Earnings per shares = $2,876,000/780,000 units

= $3.69

5 0

3 years ago

Race One Motors is an Indonesian car manufacturer. At its largest manufacturing facility, in Jakarta, the company produces subco

irakobra [83]

Im pretty sure the answer is B

7 0

3 years ago

The long-run aggregate supply curve would shift left if the amount of labor available

liq [111]

Answer:

The correct answer is option a.

Explanation:

The long run aggregate supply curve is inelastic and vertical in shape. The reason behind this is that in the long run the output level is not affected by the change in price level. It is rather affected by the quantity of inputs.

A leftward shift in the long run aggregate supply means that the output level is decreasing. This decrease in input in this case is either because of decrease in quantity of labor available,or because of increase in minimum wages the firms are hiring less labor.

So, option a is the correct answer.

8 0

3 years ago