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Orlov [11]
2 years ago
12

Julie bought a house for $315,000 and has a $285,000 mortgage. she claims she has $315,000 in equity. is she correct? if not, ho

w much home equity does she have? explain.
Computers and Technology
2 answers:
mr Goodwill [35]2 years ago
5 0
No she is not. Equity is equal to assets less liabilities. Her asset is the house market value and her liability is the payable mortgage amount of the house.
where
 asset = $315000
 liability = $285000

Julie's Home equity =  asset - liability
                                = $315000- $285000
                                = $ 30000


scoundrel [369]2 years ago
5 0

Answer:

No, she is not correct. She has only $30,000 in home equity. Equity is the value of ownership in an asset minus any debts owed on it. $315,000 minus $285,000 is $30,000.

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Zoom Vacuum, a family-owned manufacturer of high-end vacuums, has grown exponentially over the last few years. However, the comp
Sati [7]

Answer:

The best advice for Zoom Vacuum is  to start with a Transaction Processing System(TPS). This system will process all the day to day transactions of the system. It is like a real time system where users engage with the TPS and generate, retrieve and update the data. it would be very helpful in lowering the cost of production and at the same time manufacture and produce standard quality products.

Although, TPS alone would not be sufficient enough. so Management Information System(MIS) would be needed, that can get the data from the TPS and process it to get vital information.

This MIS will bring about information regarding the sales and inventory data about the current and well as previous years.

With the combination of TPS as well as MIS is a minimum requirement for a Zoom Vacuum to become successful in the market.

Explanation:

Solution

When we look at the description of the Zoom Vacuum manufacturing company closely, we see that the business is currently a small scale business which is trying to become a small to mid scale business. This claim is supported by the fact that there is only one manufacturing plant and three warehouses. And here, we also need to have the knowledge of the fact that small business major aim is to keep the cost low and satisfy the customers by making good products. So we need to suggest what information system is best suited for small scale business enterprises.

The best recommendation would be to start with a Transaction Processing System(TPS). This system will process all the day to day transactions of the system. It is like a real time system where users interact with the TPS and generate, retrieve and modify the data. This TPS would be very helpful in lowering the cost of production and at the same time manufacture and produce standard quality products . Also TPS can help in communicating with other vendors.

But TPS along would not be sufficient. Also Management Information System(MIS) would be required that can get the data from the TPS and process it to get vital information. This MIS will help in generating information regarding the sales and inventory data about the current and well as previous years. Also MIS can create many types of graphical reports which help in tactical planning of the enterprise.

So a combination of TPS as well as MIS is a minimum requirement for a Zoom Vacuum to become successful in the market.

7 0
2 years ago
The ratio of Chris an iood Dom's ages is
irinina [24]

Answer:

28 years

Explanation:

Let's represent present age of Chris and Dom as C and D respectively. Then since ratio of present age of Chris and Dom is 3:4. Therefore,

\frac{C}{D}=\frac{3}{4}

C=\frac{3}{4}D   ...(1)

Now, it is given that in 7 years their age ratio will become 4:5. Therefore,

\frac{C+7}{D+7}=\frac{4}{5}

5C+35=4D+28\\

Using value of C from equation(1),

5\times\frac{3}{4}D-4D=28-35

15D-16D=-28\\-D=-28\\ D=28

Thus, present age of Dom is 28 years.

8 0
3 years ago
Using the college registration example from section 6.7.3 as a starting point, do the following:
Arada [10]

Answer:

Explanation:

NCLUDE Irvine32.inc

TRUE = 1

FALSE = 0

.data

gradeAverage WORD ?

credits WORD ?

oKToRegister BYTE ?

str1 BYTE "Error: Credits must be between 1 and 30" , 0dh,0ah,0

main PROC

call CheckRegs

exit

main ENDP

CheckRegs PROC

push edx

mov OkToRegister,FALSE

; Check credits for valid range 1-30

cmp credits,1 ; credits < 1?

jb E1

cmp credits,30 ; credits > 30?

ja E1

jmp L1 ; credits are ok

; Display error message: credits out of range

E1:

mov edx,OFFSET str1

call WriteString

jmp L4

L1:

cmp gradeAverage,350 ; if gradeAverage > 350

jna L2

mov OkToRegister,TRUE ; OkToRegister = TRUE

jmp L4

L2:

cmp gradeAverage,250 ; elseif gradeAverage > 250

jna L3

cmp credits,16 ; && credits <= 16

jnbe L3

mov OkToRegister,TRUE ; OKToRegister = TRUE

jmp L4

L3:

cmp credits,12 ; elseif credits <= 12

ja L4

mov OkToRegister,TRUE ; OKToRegister = TRUE

L4:

pop edx ; endif

ret

CheckRegs ENDP

END main

8 0
2 years ago
Publication of flaws in encryption used for copy protection is a potential violation of: A. HIPAA B. U.S. Commerce Department re
djyliett [7]

Answer:

Option C (DMCA) would be the correct choice.

Explanation:

  • DMCA is designed to govern electronic channels and tackle the problems the online revolution confronts regarding copyright.
  • DMCA's mission seems to be to accommodate the rights of intellectual property producers and investors and investigate anything other than a copyrighted material that really occurs throughout the digital environment.

The other given choice are not related to the given content. So that option C is the right one.

6 0
2 years ago
Form the recurrence relations (RRs) for the number of vertices and the number of edges of a hypercube of n dimensions, Hn. Solve
Rus_ich [418]
I'll write it below Step-by-step explanation: Q1 a side that has 10 sides and 10 angles is called decagon. Q2 it is nonagon Q3 it is Pentagon Q4it is heptagon
8 0
2 years ago
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