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Steve pays 6% interest on a mortgage of $720,000. The repayments are $4,300 per month. His gross income is $152,000 p.a. plus super of $13,700. His taxation and Medicare liability totals $46,500 pa. Calculate Steve's debt service ratio (to the nearest percentage point).
A semiprofessional baseball team near your town plays two home games each month at the local baseball park. The team splits the concessions 50/50 with the city but keeps all the revenue from ticket sales. Fill in the blanks The team earns $....... in..
What is the equilibrium price in the market? What is the amount sold and bought?
Do you think Fed independence (from the legislative and executive branches of government) helps or hinders the achievement of low and stable price inflation? Why?
Discuss what the opportunity cost of attending college is for you, noting that the concepts of opportunity costs and explicit monetary costs are not the same.
What is organizational structure and what are organizational controls? What are the differences between strategic controls and financial controls? What is the importance of these differences?
The ledger of Hixson Company at the end of the current year shows Accounts Receivable $120,000, Sales $840,000, and Sales Returns and Allowances $30,000.
Why would a country include offshore assembly provisions in its tariff code?
Western County Bank is a small community bank that makes a modest profit by providing small business and personal loans to customers within the county and surrounding areas.
In which system are bankruptcy courts located?
Explain why voluntary transactions improve social welfare. Can consumers get more or less happiness (holding their income/wealth constant) if they are forced into transactions they don’t want versus being able to choose what transactions they partici..
Many economists think that long-run economic growth is important for the welfare of a nation. a nation with a shrinking population cannot experience long-run economic growth. / long-run economic growth can be measured with per capita GDP / long-run e..
The country Panjim has been growing at the rate of 8 percent annually following a series of economic growth reforms. Adelphia, a neighboring country, is also growing rapidly, How has the change in capital-labor ration affected efficiency? What propo..
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