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Mortgage Loan
Problem 1: Assume you are planning on spending a certain amount of income towards a mortgage. The terms of the mortgage are 1.85% APR for 30 years. You plan on spending 32% of your monthly gross income towards your mortgage. Make sure to show at least 1 sample formula that you used in Excel to get the house price.
Problem 2: If you spend 32% of your monthly salary towards a house, what is the highest price house you can afford?
Problem 3: What is the highest priced house a high school graduate can afford?
Problem 4: Use an absolute or relative change statement to compare the house prices of the high school graduate and your house.
Record the inventory, purchases, and cost of merchandise sold data in a perpetual inventory record. - Find the units cost , total cost and quantity.
Ron and Gail are going to invest some of their $$$$ for two years from January 1 2016 to December 31, 2017. Show the net return will give in 2017 considering expenses, annual compounding of interest/appreciation, timing of income and of tax payment, ..
What does the fact that a bond sells at a discount or at a premium tell you about the relationship between rd and the bond's coupon rate
Identify a public manufacturing company in the USA that produces a tangible products. Identify the company’s value chain (first and second level) Be specific in your description. What benchmarks does the company use to measure its progress? If none c..
What is the value of stock transferred from Lime to Lemon? What is the amount of gain (loss) realized and recognized by Lea from the merger? What is Lea’s basis in her Lime stock?
Cost of goods sold for the year is $240,000. Evaluate what is the company's average days in inventory?
Should the investee company be consolidated with the investor? Assume that an investor purchases a 20% interest in an investee company.
Determine What are the benefits of the corporation in comparison with the partnership and proprietorship structures? How is equity treated a
Give one additional piece of information related to the transaction that could be recorded in an information system for a purpose other than the financial statements.
royal tea a wholly-owned english subsidiary of u.s. beverages a u.s. firm maintains its inventory at cost and royal
Will corporations obtain a greater charitable contribution deduction for the current year by filing a consolidated tax return or separate tax returns?
How do you account for a forward hedge for a foreign currency transaction at the settlement date in ASPE? What would the journal entry look like?
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