Your friend chose an arm for the purchase of their new home. they would like to determine what the payment schedule will be. you decide to and determine the following information to you provide the answer. the current libor rate is 5.5%. the mortgage is a 15 year 1/1 arm 2/1/3. fees are $995 and there are no points. the purchase price of the home is $195,000 and the ltv of the mortgage is 70%. you expect that prime will be

The following data pertains to activity and costs for two months: june july activity level in 10,000 12,000 direct materials $16,000 $ ? fixed factory rent 12,000 ? manufacturing overhead 10,000 ? total cost $38,000 $42,900 assuming that these activity levels are within the relevant range, the manufacturing overhead for july was: a) $10,000 b) $11,700 c) $19,000 d) $9,300

True or false entrepreneurs try to meet the needs of the marketplace by supplying a service or product

On january 1 of the current year, jimmy's sandwich company reported owner's capital totaling $128,000. during the current year, total revenues were $106,000 while total expenses were $95,500. also, during the current year jimmy withdrew $30,000 from the company. no other changes in equity occurred during the year. if, on december 31 of the current year, total assets are $206,000, the change in owner's capital during the year was: