August's gross monthly income is $4,600. If according to the rule of 36 he can afford a maximum PITI of $1,125, what must his monthly consumer credit debt be?
Hector a Maria have been married for almost one year now and are thinking about buying a house. Maria is an executive for a large, multi-national corporation with offices around the world. She has been told by her company that she will be transferred to a new location every three years. Hector is a car salesman and he is willing to move to wherever Maria gets transferred. Together they make $8,000 in gross monthly income and pay 40% in taxes and withholdings every month. Between them they have monthly payment of $400 in student loans and $700 in car loans, and their credit cards payments average $450 per month. They currently lease a luxury condo for $1,400 per month. They travel to Cancun every Christmas. Since they both work a lot of hours, they eat out at restaurants for most meals. They currently have nothing in savings but Hector's grandparents have said they will give them a 20% down payment for the new home.
A) $531
B) $163
C) $417
D) $383
Answer: A
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The maker of Mayfield ice cream simply states, "It is the best you've ever tasted." This is an example of how a product creates which of the following?
a. a promotional theme b. a comparative differentiation c. a competitive advantage d. a unique selling proposition
Identify a true statement about the Internet of things
A) It enables companies to offer various innovative products and services that go beyond the initial purchase. B) It defines a set of reachable and exploitable vulnerabilities present in a business model. C) It contains rules and guidelines that describe how security is to be enforced during system operation. D) It identifies the tasks that are critical within a business model and builds a network that depicts their interdependencies. E) It is defined as the percentage of visitors who leave the Web site after viewing that page.