Michelle Duncan wants to know her affordable home purchase price. Her annual gross income is $49,800. She has $820 per month of other debt and expects her property taxes and homeowners insurance to cost $270 per month. She knows she can get a 8.50%, 30-year mortgage so that her mortgage payment factor is $7.69. She expects to make a 25% down payment. What is Michelle's affordable home purchase price? (Round your answer to the nearest dollar amount.)
a) $21,110
b) $253,316
c) $63,329
d) $84,439
e) $48,710

2. Businesses that market goods and services can be classified based on the types of products or services they offer. Here are some common classifications:

Consumer goods: These are goods that are bought and used by individuals for their personal use. Examples include clothing, food, electronics, and household items. Businesses that sell consumer goods are often referred to as retailers, and they can be further classified based on the types of products they sell (e.g. clothing retailers, grocery stores, electronics stores).

Business-to-business (B2B): These are businesses that sell products or services to other businesses rather than to consumers. Examples include suppliers of raw materials, manufacturers of components, and consulting firms. B2B businesses can also be classified based on the types of products or services they offer (e.g. IT services, logistics companies, marketing agencies).

Service businesses: These are businesses that provide services rather than physical goods. Examples include healthcare providers, hairdressers, financial advisors, and consulting firms. Service businesses can be further classified based on the types of services they provide (e.g. healthcare services, professional services, personal services).

There are several types of retail businesses, each with its own advantages and disadvantages. Here are some examples:

Brick-and-mortar stores: These are traditional physical stores that customers visit to make purchases. Brick-and-mortar stores offer the advantage of providing a tactile and personal shopping experience, but they also require significant overhead costs (e.g. rent, utilities, inventory management).

Online retailers: These are businesses that sell products exclusively online, often through e-commerce platforms like Amazon or Shopify. Online retailers offer the advantage of lower overhead costs and a wider potential customer base, but they also face fierce competition and the need to constantly optimize their digital marketing efforts.

Pop-up shops: These are temporary physical stores that are set up in a specific location for a limited time (e.g. a holiday season). Pop-up shops offer the advantage of providing a unique and time-limited shopping experience, but they also require significant planning and logistical coordination.

Franchise stores: These are retail stores that operate under the brand and business model of a larger franchise organization (e.g. McDonald's, 7-Eleven). Franchise stores offer the advantage of a proven business model and brand recognition, but they also require significant initial investment and ongoing franchise fees.

Ultimately, the type of retail business that would be most interesting to pursue depends on factors such as personal preferences, financial resources, and market opportunities. For example, someone who is passionate about fashion and has a limited budget might consider starting an online boutique, while someone who has significant financial resources and is interested in owning multiple locations might consider investing in a franchise business.

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Answer:

$1510.28

Explanation:

The monthly on the purchase of new sports car can be  computed using the pmt excel function as shown below:

=pmt(rate,nper,-pv,fv)

rate is APR of 7.15% expressed in monthly terms i.e 7.15%/12

nper is the number of months that payments would last i.e 60 months

pv is the cost of the new sports car i.e $76000

fv is the balance owed after the 60th payment i.e $0

=pmt(7.15%/12,60,-76000,0)=$1510.28

If Lisa suspects that one of her subordinates is under the influence of drugs or alcohol, she should approach the situation with sensitivity and professionalism.

If Lisa suspects that one of her subordinates may be under the influence of drugs or alcohol, there could be several signs or symptoms that may lead her to this conclusion. One possible indicator is a change in behavior or attitude. For example, if the subordinate has become increasingly moody, agitated, or withdrawn, this could be a sign that they are struggling with substance abuse. Another possible sign could be a decline in job performance, such as missing deadlines, making mistakes, or being frequently absent from work. The subordinate may also exhibit physical symptoms, such as bloodshot eyes, slurred speech, or unsteadiness on their feet. Furthermore, Lisa may observe that the subordinate is experiencing financial problems, as drug and alcohol addiction can be costly and may lead individuals to miss work or spend their money on substances rather than other necessities. Lisa may also notice that the subordinate has become more secretive or defensive, particularly when questioned about their behavior or whereabouts. It is important to gather as much information as possible before making any accusations or taking any disciplinary action. She may also consider seeking guidance from the company's human resources department or employee assistance program to ensure that the subordinate receives the help they need to overcome their addiction.

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Answer:

a

Explanation:

ss

Answer:

Explanation:

the price of the domestic currency with respect to another currency.

so  a

Structure and culture are among the primary internal considerations for a strategic plan. The importance of structure and culture cannot be undermined, as they both play an important role in the success of a company's strategic plan. Although there are other factors that may contribute to the success of a strategic plan, structure and culture are vital. They can be used to leverage the strengths of an organization to achieve its goals.

Structure refers to how an organization is organized and the interrelationships between different departments. A company's structure determines how information flows within the organization, and how employees interact with one another.

An effective structure enables employees to work together efficiently, leading to a higher level of productivity.

Culture refers to the set of values, beliefs, and attitudes that guide the behavior of an organization's members. A positive culture promotes employee engagement, which is essential for achieving an organization's goals.

A company's culture can influence how it deals with problems, how employees communicate with each other, and how they make decisions, among other things.

In conclusion, structure and culture are essential components of an organization's strategic plan.

By investing in a positive culture and a well-defined structure, companies can increase employee engagement, productivity, and ultimately, achieve their goals.

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Answer:

The present value of this growing perpetuity is $499,200.

Explanation:

If cashflow is growing at a constant rate, then we call this a growing perpetuity.

Present Value of Growing Perpetuity = [Payment × ( 1 + growth rate)] ÷ [(discount rate - growth rate)]

                                                              = $24,000 (1.04) ÷ (0.09 - 0.04)

                                                              = $499,200

Answer:

B

Explanation:

the knowledge.. between a Bachelor degree and an associate degree. is leser

Answer:

a Venn diagram

Explanation:

The interest formula mainly refers to simple interest and compound interest formulas.

Simple interest (SI) is the interest applied to the amount borrowed or invested over the life of the loan, regardless of other factors such as past (paid or calculated) interest or other financial considerations. is a kind of Simple interest is generally applied to short-term loans administered by financial institutions, usually one year or less. The same is true for funds invested in the short term as well. A simple interest rate is a ratio, usually expressed as a percentage.

Compound interest, on the other hand, is interest that is calculated on the principal and interest accumulated over previous holding periods. That is why compound interest (CI) is also called "interest on interest". It plays an important role in determining interest rates on loans and investments. The formulas for compound interest and simple interest are:

SI Formula S.I. = Principal × Rate × Time

CI Formula C.I. = Principal (1 + Rate)Time − Principal

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Answer:

$50,000

Explanation:

Calculation to determine the value of Mack's contract at that point

First step is to calculate Units Purchased of Subaccount 1 using this formula

Units Purchased of Subaccount 1 = Amount of Premium deposit in Sub Account 1 /Unit Value of Sub Account 1

Let plug in the formula

Units Purchased of Subaccount 1 =($50,000/2 )/$25

Units Purchased of Subaccount 1 = $25000 / $25

Units Purchased of Subaccount 1 = 1000 Units

Second step is to calculate the Units Purchased of Subaccount 2 using this formula

Units Purchased of Subaccount 2= Amount of Premium deposit in Sub Account 2/Unit Value of Sub Account 2

Let plug in the formula

Units Purchased of Subaccount 2 =($50,000/2)/$10

Units Purchased of Subaccount 2 = $25000 / $10

Units Purchased of Subaccount 2 = 2500 Units

Now let determie the Value of Mark Contract at that point

Value of Mark Contract = (1000 * $30) + (2500 * $8)

Value of Mark Contract = $30000 + $20000

Value of Mark Contract = $50000

Therefore the value of Mack's contract at that point is $50,000

Many accept morals for graphicsought to be founded on help, and that aiding others is something to be thankful for to do. With information and admittance to devices that can coordinate individuals' considerations and activities.

Design ethics assist with deciding elements that should be in items and administrations or highlights that should not be. Plan morals help with surveying the moral importance or moral worth of the items that outcome from the action of planning. For example, Signal is a solid telephone and courier application explicitly intended to safeguard its client's security.

The best ethical design practice is foster plans that mainly gather individual data that is to the greatest advantage of the clients.

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Answer:

True

Explanation:

Option C is the correct answer. The three main factors used to calculate health insurance premiums are mortality, interest, and expenses. 

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The market value of the property has increased by $26,000 assuming straight-line appreciation.

First, we need to calculate the current assessed value of the property. If the property is assessed at 50% of its market value, then we can use the following formula:

Assessed Value = Market Value × 0.5

Let's assume the market value of the property is X, then its assessed value will be:

Assessed Value = X × 0.5 = 0.5X

Now, we can calculate the current property tax by using the following formula:

Current Property Tax = (Assessed Value ÷ 100) × Tax Rate

Substituting the given values, we get:

Current Property Tax = (0.5X ÷ 100) × $4.90 = $0.0245X

We know that the property tax has increased by $637. Therefore, we can set up the following equation:

New Property Tax - Current Property Tax = $637

Let's assume that the market value of the property has increased by Y. Then the new assessed value will be:

New Assessed Value = (X + Y) × 0.5 = 0.5(X + Y)

We can calculate the new property tax using the same formula as before:

New Property Tax = (0.5(X + Y) ÷ 100) × $4.90 = $0.0245(X + Y)

Substituting these values in the equation, we get:

$0.0245(X + Y) - $0.0245X = $637

Simplifying the equation, we get:

$0.0245Y = $637

Y = $637 ÷ $0.0245

Y = $26,000

Therefore, the market value of the property has increased by $26,000 assuming straight-line appreciation.

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Foreign investment is in domestic companies and assets in another country and made by foreign investors like your participation (ownership stakes) in firm. The types of aid provided by the World Bank are funding, policy advice and technical assistance to developing country governments.

A foreign investment is an investment by a foreign investor in a domestic company or property in another country. Large multinationals will look for new opportunities for economic growth by opening branches and expanding investments in other countries.

Types of Foreign Investment in India: Foreign funds can be invested in equity, real estate, ownership/management, or cooperation. Foreign Direct Investment (FDI) Foreign Portfolio Investment (FPI). Foreign Institutional Investment (FII)

A major Australian mining company buys a small Angolan company in order to diversify. Both are examples of foreign direct investment, where the business decision to become involved in some way or to have an interest in a company is made by an investor based outside the border.

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I will recommend the online saving account as a short term savings instrument.

I will recommend the traditional saving account as a medium term savings instrument.

I will recommend the certificate of Deposit as a long term savings instrument.

Savings Instrument is an interest-bearing deposit in the Custodian's banking department of a type made available for investment hereunder by the Custodian from time to time.

The short-term savings instruments are investments that have a relatively short time horizon, typically less than one year. Examples include savings accounts, money market funds.

The medium-term savings instruments are investments that have a time horizon of 1-3 years. Examples include bonds, medium-term CDs, and certain types of mutual funds.

The long-term savings instruments are investments that have a time horizon of more than three years. Examples include stocks, long-term bonds, and some types of real estate.

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Answer:

theft

Explanation:

I believe that's right

Answer:

e-commerce

Explanation:

got it right on plato

Managerial economics can be applied to the non-profit organizations too because it help them in organizing, and controlling their resources.

Managerial economics is relevant to nonprofit organizations and government agencies as well as conventional, for-profit businesses.

Managerial economics is an area of economics that is used for staffing, as well as controlling the resources of the organization.

With Managerial economics , one can carry out:

In this case, Managerial economics is relevant to nonprofit organizations and government agencies as well as conventional, for-profit businesses.

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A fixed exchange rate is a type of exchange rate regime in which the government or central bank ties the official exchange rate to another country's currency or the price of gold.

The official exchange rate is fixed by the government or central bank, and it is kept constant. The government or central bank must be prepared to buy or sell its currency at the official exchange rate in order to keep it fixed. A flexible exchange rate, on the other hand, is a type of exchange rate regime in which the value of a currency is determined by supply and demand on the foreign exchange market.

Advantages of Fixed Exchange Rate:

Stable exchange rates are beneficial for businesses that require currency predictability. The central bank may employ monetary policy tools more effectively, resulting in lower inflation rates. It is less likely that a currency crisis would occur.

Disadvantages of Fixed Exchange Rate:

It limits a country's monetary policy independence because it must have sufficient foreign currency reserves to maintain the fixed rate. The country's economy may be hurt if the fixed exchange rate is too high.

Advantages of Flexible Exchange Rate:

A flexible exchange rate enables a country to adjust to changes in economic circumstances such as inflation, international competitiveness, and other economic conditions. It allows a nation to conduct an independent monetary policy.

Disadvantages of Flexible Exchange Rate:

Price stability may be difficult to achieve because the exchange rate is more volatile. Businesses may find it more challenging to plan for the future because of the unpredictability of exchange rates.

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Answer:

No, but they will still consider it as their responsibility to teach a young boy how to become the "perfect" person, thus creating pressure and stress to become a man that will fit in society.

Explanation:

Solution :

a). Asset turnover ratio = total sales / total asset   = 3.50

     Total asset         =   40 million / 3.5      =   1142857

     Total debt          =  2.50 million

Therefore, the debt ratio = \($\frac{\text{debt}}{\text{total asset}}$\)

                                         \($=\frac{2500000}{1142857}$\)

                                         = 2.18

b). Time interest earned ratio = EBIT/Interest

  EBIT = net sales - operating expense

           = 40,000,000 - 18,000,000

           = $ 22,000,000

Interest expense  = 10 % x 2,500,000

                              =  $ 250,000

Times interest earned ratio = EBIT/ interest expense

                                              = \($\frac{\$ 22,000,000}{\$250,000}$\)

                                               = 88 times

c). Total equity = total asset - total debt

                         =  400,000,000 - 2,500,000

                         = 397,500,000

   Money raised from the creditor for each dollar of equity

                         = 2,500,000/397,500,000

                         = 6%

The most appropriate method to collect the average number of cars using the new highway in a month time would be through observation. So, the answer is A.

This involves physically observing the highway and recording the number of cars passing through during a specific time period, such as a day or a week.

This method is reliable and accurate as it provides first-hand information without relying on people's opinions or memory. Telephone interviews and questionnaires may not be as accurate as people may provide estimates or guesses instead of actual data.

Experiments may not be suitable for this situation as it involves manipulating variables, which may not be possible or practical for collecting the average number of cars. Therefore, observation is the best method to collect reliable and accurate data for this scenario.

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In a monopolistically competitive industry, each firm has some control over the price it sets due to product differentiation.

Stan mentioned that he is earning an economic profit and setting his price equal to his marginal cost. To determine whether he is producing the profit-maximizing amount of coffee, we need to consider a few factors.
1. First, let's understand the relationship between price, marginal cost, and profit maximization. In a competitive market, profit maximization occurs where marginal cost equals marginal revenue. However, in monopolistic competition, firms have some market power, so the profit-maximizing quantity occurs where marginal cost equals marginal revenue, not price.
2. Setting the price equal to marginal cost does not necessarily guarantee profit maximization. If Stan's price is equal to marginal cost, it means that he is covering his variable costs, but it does not take into account his fixed costs. To maximize profit, Stan should set his price above marginal cost, considering both variable and fixed costs.
3. If Stan is currently earning an economic profit, it suggests that he may not be producing the profit-maximizing amount of coffee. In monopolistic competition, firms tend to have excess capacity, meaning they produce less than the quantity that would minimize average total cost. By increasing his output, Stan may be able to reduce his costs and increase his profit.

Considering these factors, here are a few suggestions for Stan:
- Conduct a cost analysis: Stan should evaluate his fixed and variable costs to understand the full picture of his expenses. By knowing his costs, he can set a more informed price and determine the profit-maximizing quantity.
- Consider demand elasticity: Stan should also assess the price elasticity of demand for his coffee. If demand is relatively elastic, a small price increase may result in a significant decrease in quantity demanded, potentially reducing his profits. On the other hand, if demand is inelastic, Stan may be able to increase his price without a significant drop in sales.
- Experiment with pricing: Stan could consider experimenting with different prices to find the optimal point that maximizes his profit. By monitoring customer response to different prices, he can identify the price that generates the most revenue while covering his costs.

By taking these steps and considering the unique characteristics of monopolistic competition, Stan can better position his coffee shop for long-term success and profitability.

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Answer: Price is dependent on the interaction between demand and supply components of a market. Demand and supply represent the willingness of consumers and producers to engage in buying and selling. An exchange of a product takes place when buyers and sellers can agree upon a price.

Explanation:

Answer: Price is dependent on the interaction between demand and supply components of a market. Demand and supply represent the willingness of consumers and producers to engage in buying and selling. An exchange of a product takes place when buyers and sellers can agree upon a price.

Explanation:

Answer: Acknowledgments are a section in a report where you thank and credit the individuals or organizations who have helped you in your work.

Explanation: In academic or professional writing, it is common practice to include an acknowledgments section in a report where you can thank and credit individuals or organizations who have helped you in your work. This section is typically placed at the beginning or end of the report, and is a way to recognize the contributions of those who have assisted you.

Acknowledgments could include thank you notes to individuals who provided their expertise, resources or time towards a research project, or those who supported you in other ways, such as colleagues, friends or family. The acknowledgments section is also a place to acknowledge funding sources that supported your research or project, or organizations that provided in-kind support.

It is important to acknowledge the contributions of others in your work as a sign of appreciation for their help, but also as a way of establishing transparency in your research or project. It helps to legitimize your work and makes it clear that you did not take credit for someone else's ideas or contributions. Additionally, acknowledging others’ contributions might create opportunities for future collaborations and working relationships.

Overall, the acknowledgments section is a crucial part of a report, as it helps to recognize the efforts of all those who have contributed to the work, and establishes the writer as a trustworthy and collaborative professional.

In India, the majority of properties are sold with the help of a real estate broker or agent. When the broker helps a seller and buyer get in touch with each other and both the parties agree to engage in the transaction, then both the parties are required to pay a certain %age of the property value as a fee to the real estate broker. Read below to know about the real estate broker commission rates India:

There are no specific guidelines laid for the commission paid to real estate brokers. In India, real estate agents usually ask the seller and the buyer to pay 1-2% of the deal value as their commission, also known as the real estate brokerage fee.

If a perfectly competitive firm receives a marginal revenue of $10 for its product and the minimum average variable cost is $11, then the firm should, in the short run shut down.

For a perfectly competitive firm, the marginal revenue tends to equal price and as well as the average revenue. So, this implies that the firm's marginal cost curve in its short-run supply curve for values is thus greater than the average variable cost. So, if the price drops below average variable cost, the firm shuts down.

So, a firm's total profit is maximized by the producing the level of output at which marginal revenue for the last unit produced will thus equal its marginal cost, or MR = MC.

Hence, option D is correct.

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Answer: In business, "spontaneous finance" refers to financing that arises out of regular, day-to-day operations. Unlike with other common sources of financing, such as loans or bonds, obtaining additional spontaneous financing doesn't require any special action by the company; it just "happens," hence the name spontaneous.