Business, 10.09.2020 02:01 kieante01

Mike and Mary Jane Lee have a yearly income of $ and own a house worth $, two cars worth a total of and furniture worth $. The house has a mortgage of $ and the cars have outstanding loans of $ each. Utility bills, totaling $ for this month, have not been paid. Calculate the debt ratio for the Lee household.

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 20:30

What do economists mean when they use the latin expression ceteris paribus?

Answers: 3

Answer

Business, 21.06.2019 22:50

The winston company estimates that the factory overhead for the following year will be $1,250,000. the company has decided that the basis for applying factory overhead should be machine hours, which is estimated to be 50,000 hours. the total machine hours for the year were 54,300. the actual factory overhead for the year were $1,375,000. determine the over- or underapplied amount for the year.

Answers: 1

Answer

Business, 22.06.2019 02:30

Luc do purchased stocks for $6,000. he paid $4,000 in cash and borrowed $2,000 from the brokerage firm. he bought 100 shares at $60.00 per share ($6,000 total). the loan has an annual interest rate of 8 percent. six months later, luc do sold the stock for $65 per share. he paid a commission of $120 and repaid the loan. his net profit was how much? pls

Answers: 3

Answer

Business, 22.06.2019 17:50

The management of a supermarket wants to adopt a new promotional policy of giving a free gift to every customer who spends > a certain amount per visit at this supermarket. the expectation of the management is that after this promotional policy is advertised, the expenditures for all customers at this supermarket will be normally distributed with a mean of $95 and a standard deviation of $20. if the management wants to give free gifts to at most 10% of the customers, what should the amount be above which a customer would receive a free gift?

Answers: 1

Answer

You know the right answer?

Mike and Mary Jane Lee have a yearly income of $ and own a house worth $, two cars worth a total of...

Questions