$198,850
if you minus the $488,500 from $537,350, you come up with $48,850 so that's how much theyll make more on the tents alone and then you add the price of the sleeping bags being $150,000 plus $48,850 equals a total additional profit of $198,850 that derives from adding new product.
hope this helps
Answer:
b. $3,350,000
Explanation:
<em>Long-Term Liabilities:</em>
Bonds Payable $3,000,000
Notes Payable $165,000
Mortgage Payable $185,000
Total Long Term Liabilities $3,350,000
Answer:
Seth's total profits is $1,535.359
Explanation:
According to the given data we have the following:
MC = 0 and we will ignore fixed costs
Therefore TC = 0
Demand function in Santa barbara is
p = 74 - q
MR = 74 - 2q
Since Seth sets different uniform prices in two markets to maximizes his profit therefore
,
MR = MC
74 - 2q = 0
2q = 74
q=37
p = 74 - 37 = 37
Profit = pq - TC
= 37*37 - 0
= $1,369
Inverse demand finction Goleta is
p = 39 - 4q
MR = 39 - 8q
MR = MC
39 - 8q = 0
8q = 39
q = 4.875
p = 39 - 4.875 = 34.125
Profit = pq - TC
= 34.125*4.875 - 0
= $166.359
Therefore, Seth's total profits = $1,369 + $166.359
Seth's total profits= $1,535.359
Seth's total profits is $1,535.359
Answer: Tom and Cindy paid 1.5 discount points.
House Value = $300,000.
Loan-to-Value Ratio (LTV) = 80%
Since LTV is 80%, the total loan (mortgage) value is :
In the real estate context, a point refers to one percent (1%) of the mortgage amount. There is no rule that these points should be in whole numbers.
We can find the number of points paid as follows:
![No. of points paid = (\frac{3600}{240000} )* 100 [/tex][tex] No. of points paid = 1.5 points.](https://tex.z-dn.net/?f=%20No.%20of%20points%20paid%20%3D%20%28%5Cfrac%7B3600%7D%7B240000%7D%20%29%2A%20100%20%5B%2F%3Cstrong%3Etex%5D%3C%2Fstrong%3E%3C%2Fp%3E%3Cp%3E%3Cstrong%3E%5Btex%5D%20No.%20of%20points%20paid%20%3D%201.5%20points.%20)
There are two types of points:
- Discount Points: are actually pre-paid interest on the mortgage loan, and help in lowering the interest rate on the mortgage.
- Origination points : help in covering the costs incurred by the lender in processing the loan.
