What is gross debt service ratio

Assignment Help Business Management
Reference no: EM132564731

Jane Doe earns $57,600 per year and has applied for an $48,722.28, 25-year mortgage at 16 percent interest, paid monthly. Property taxes on the house are expected to be $4800 per year. What is her gross debt service ratio?

Reference no: EM132564731

Questions Cloud

Which are examples of sales-oriented decisions : Find Which are examples of sales-oriented decisions? Accept a special order/ Change the price/ Make or buy/ Bundle products.
Determining the expected market return : You are considering the purchase of real estate that will provide perpetual income that should average $56,000 per year.
Would the financial emphasis of the balanced scorecard : Addition to the obvious humanitarian benefit of reducing serious injuries, how else might the manufacturer of this product convince potential customers of worth
How to make an income statement using absorption costing : How to make an income statement using absorption and variable costing? Opening inventory was 500 units, with assigned cost of $45,000.
What is gross debt service ratio : Property taxes on the house are expected to be $4800 per year. What is her gross debt service ratio?
What is the average cash gain or loss during the month : Kraft budgeted sales are $10,000 per month and let's assume the sales stay the same every month. Its customers pay Kraft based on the following pattern
Which company will tend to realize the greatest increase : Are mostly variable, whereas Company B's costs are mostly fixed. When sales increase, which company will tend to realize the greatest increase?
What is the constant growth rate that mastercard : Mastercard Inc.'s stock has a required return of 13% and the stock is currently priced at $50 per share. Mastercard just paid a dividend of $1.00
Allocate the overhead costs to the segments using abc : Allocate the overhead costs to the segments based on sales revenue. Allocate the overhead costs to the segments using ABC. Annual Salesperson Salaries

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd