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Bingel [31]
1 year ago
9

How much cash MUST a buyer furnish in addition to a $2,500 deposit if the lending institution grants a 90% loan on an $80,000 pr

operty?
Business
1 answer:
Lostsunrise [7]1 year ago
3 0

Answer:

$5,500

Explanation:

The computation of the cash required is shown below:

= Loan amount on property × remaining percentage - additional deposit

= $80,000 × 10% - $2,500

= $8,000 - $2,500

= $5,500

The remaining percentage would be

= Percentage - given percentage

= 100% - 90%

= 10%

The difference which comes is the cash requirement after considering the loan amount and the additional deposit

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Answer:

Overhead costs

Explanation:

When high overhead costs are recognised before project starts there will be a need to manage them. Since overhead cost increase as duration of project increases, reduction in project duration will go a long way in reducing cost incurred.

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Answer:

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Explanation:

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jek_recluse [69]

Answer:

Financial and non-financial information for internal decision makers.

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2 years ago
You have calculated the pro forma net income for a new project to be $46,050. The incremental taxes are $22,540 and incremental
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Answer:

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