What are the main financial questions you should ask yourself prior to purchasing a home?
What will be an ideal response?
Answer:
1. What is the maximum amount the lender will allow me to have?
2. Should I borrow up to this maximum?
3. How big of a down payment can I afford?
4. What type of mortgage best suits my needs?
5. Do I have adequate income to pay all the bills and still maintain my standard of living and long term savings goals?
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Donnell is working with the executive board of her sorority to plan out the fundraiser for alumni weekend. The organization the sorority typically works with has backed out, and she thinks it would be best for her to just quickly select another organization because she knows her sisters will be in agreement. What symptom of groupthink is Donnell experiencing?
A. collective rationalization B. self-censorship C. illusion of unanimity D. self-appointed mindguards
Which of the following is subtracted from contribution margin to obtain segment margin?
A) Common fixed costs B) Direct fixed costs C) Variable costs D) All of these choices
What is a pro forma sources and applications of funds statement? Give examples of sources and uses of funds.
What will be an ideal response?
The terms direct marketing and direct distribution mean the same thing.
Answer the following statement true (T) or false (F)