Aman is looking to purchase a home in the cleveland suburbs. he has enough for a 20% down payment and an income of $70,000 per year. his fico score is 660. the prime interest rate for 30-year mortgages is 5%. he has a car payment of $400 per month and a student loan payment of $200 per month. the home he finds has 70 effective property tax mills and homeowner’s insurance costs $50 per month on every $100,000 of home value. how much can the man pay for the home? how large of a mortgage will the bank allow him take out?

Clonex labs, inc., uses the weighted-average method in its process costing system. the following data are available for one department for october: percent completed units materials conversion work in process, october 1 53,000 90 % 65 % work in process, october 31 29,000 74 % 52 % the department started 381,000 units into production during the month and transferred 405,000 completed units to the next department. required: compute the equivalent units of production for october.

The silverside company is considering investing in two alternative projects: project 1 project 2 investment $500,000 $240,000 useful life (years) 8 7 estimated annual net cash inflows for useful life $120,000 $40,000 residual value $32,000 $10,000 depreciation method straightminusline straightminusline required rate of return 11% 8% what is the accounting rate of return for project 2? (round any intermediary calculations to the nearest dollar, and round your final answer to the nearest hundredth of a percent, x. xx%.)

Individual consumers belong to which step of choosing a target market? possible customers competition demographics communication