What is his debt-to-income ratio

Assignment Help Finance Basics
Reference no: EM13261455

Mr anderson has total fixed monthly expenses of $1399 and his gross monthly income is $3857. What is his debt-to-income ratio? Round to the nearest percent.

A 4%
B 3%
C 36%
D 28%

 

Reference no: EM13261455

Questions Cloud

How much would semiannual payments be : if a 2% charge is added to the annual premium of $1213.00 when payments are made semiannually, how much would semiannual payments be?
What is the equivalent continuous flow of power in megawatts : If the U.S. consumes 10 Quads each year by burning gasoline for automobiles, and if this energy usage is spread evenly across 8760 hours in a year, what is the equivalent continuous flow of power in Megawatts (MW)
What is the output of the correlator for user1 for first bit : Sketch the baseband signals for the two users when user 1 sends the bits 011, and user 2 sends the bits 101. Add the signals for the first bit only, and show that the output of the correlator for user 1 is -4, corresponding to a 0
Using a 95% confidence level how large should the sample : Assume the branch manager requested estimates of the mean selling price of Gulf View condominiums with a margin of error of $40,000 and the mean selling price of No Gulf View condominiums with a margin
What is his debt-to-income ratio : Mr anderson has total fixed monthly expenses of $1399 and his gross monthly income is $3857. What is his debt-to-income ratio? Round to the nearest percent.
Find the total electric potential at origin : two point charges are on the y axis. A 3.50 uc charge is located at y=1.1cm, and a -2.16 uc charge at y=-1.4cm. find the total electric potential at origin in volts
What is the equivalent energy flow rate in megawatts : If gasoline has a 120,000 Btu/gal energy content, and an average tank fill up requires 15 gallons over a 5 minute period, what is the equivalent energy flow rate (or power) in Megawatts in chemical power flowing through the nozzle per fill up
Explain constant temperature not change the concentrations : In which of the following reactions would increasing pressure at constant temperature not change the concentrations of reactants and products, based on Le Ch telier's principle
Find the final speed of the space craft : A 20t space craft leaving the dock of a space stationmakes a 12s engine burn. find the final speed of the space craft with respect to the station

Reviews

Write a Review

Finance Basics Questions & Answers

  Business question on present value

Illustrate out the term present value? Find out the future value of $1,000 invested for ten years at ten percent interest compounded annually?

  Discuss three major cross-cultural differences

large Businesses and small now compete in a truly global economy. To become successful in another nation it is essential to understand cultural differences that exist.

  Calculate cash conversion cycle

Strickler technology is thinking changes in its working capital policies to improve its cash flow cycle. Strickler's sales last year $3,250,000 (all on credit), & its net profit margin was 7 percent.

  Compute the npv and break-even level

Consider the following cash flows on two mutually exclusive projects for the Bahamas Recreation company. Both Projects require an annual return of 14%.

  Lay out the firm pro forma balance sheet

Cheryl Colby, the CFO of Charming Florist Ltd., has created the company's pro forma balance sheet for the next fiscal year. Sales are projected to grow at 10% to the level of $330 million.

  Explain current dividend, current price and pe ratio

Explain Current dividend, current price and PE ratio of stock and what was the net price change for the date covered by the paper

  What is her projected roi

Create a scenario, similar to Jasmine the Account Exec; recall it can be business or personal.

  Financial and opportunity costs

Based on financial and opportunity costs, determine which of the following do you believe would be the wiser purchase?

  Principal and interest payment

Pauline wonders what her monthly principal and interest payment would be under these circumstances. Use M.S. Excel spreadhseet and PMT Function to help answer:

  Objective type questions on investment decisions

Objective type questions on investment decisions and Ampulla Production Studios charges the Sound Effects Department's costs to two operating departments

  Cross-border mergers and acquisitions

What special issues can arise in executing the cross-border acquisition and in ultimately meeting your objectives for the successful combination?

  Calculate levered beta

Swannee Resorts is considering a new project whose data are shown below. The equipment that would be used has a 3-year tax life, would be depreciated by the straight line method over the project's 3 year life, with zero salvage value.

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