The ethical decision-making process' issue identification step weighs potential solutions while also considering how they will affect stakeholders.
What exactly is a decision?
A corporation's decision-making process involves the company making decisions about a variety of topics.
The step in the ethical decision-making process that involves assessing the consequences of a choice and balancing the alternatives must be identified in this question. In this instance, the business employs the issue identification process to pinpoint and quantify its consequences. The company determines the effectiveness of the alternatives it uses in the following stage after assessing the decision's impact. Thus, it follows that this process is utilized to determine the consequences on stakeholders.
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the system of production and transactions by which goods and services are distributed in the marketplace is known as the .
The system of production and transactions by which goods and services are distributed in the marketplace is known as the economy.
What is the economy?An economy is a region where products and services are produced, distributed, traded, and consumed. It is generally understood to be a social domain that places an emphasis on the behaviors, discourses, and tangible manifestations connected to the creation, utilization, and management of finite resources.
Whether an entity is a country or a small town, an economy includes all of the activities connected to the production, consumption, and trade of products and services in that entity.
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an 8%, semiannual pay, option-free corporate bond that is selling at par has ten years to maturity. what is the approximate modified duration of the bond based on a 75 basis point change (up or down) in rates?
First calculate V- and V+, the bonds value at 7.25% and 8.75% yields to maturity. D = 6.8 (D is equal to duration of bond).
The bond values are 1,052.70 and 950.69, respectively: N = 20; I/Y = 7.25 / 2 = 3.625; PMT = 40; FV = 1,000; CPT PV = -1052.70 N = 20; I/Y = 8.75 / 2 = 4.375; PMT = 40; FV = 1,000; CPT PV = -950.69. D = V- - V+/2V0 (∆y) = 6.8.
Bond length can be used to calculate how much an interest rate change will likely affect bond prices. Bond duration is a measurement of interest rate risk, to put it more precisely. Investors can decide how bonds fit into a larger investment portfolio by understanding bond length.
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what is the annual inventory and distribution cost of the current distribution system? what are the savings that would result from following the task force recommendation and setting up an ndc? evaluate the savings as the correlation coefficient of demand in any pair of regions varies from 0 to 0.5 to 1.0. do you recommend setting up an ndc? suggest other options that gary fisher should consider. evaluate each option and recommend a distribution system for alko that would be most profitable. how dependent is your recommendation on the correlation coefficient of demand across different regions?
The following is the given in the case
Batch size = 10,000
Average inventory at store = 50,000
Number of shipments per year = 5
Truck cost / retail store/supplier = $ 2,250
Total truck cost = $ 576,000
Holding cost / retail store/supplier = $ 50,000
Total holding cost = $ 1, 28, 00,000
Total holding and truck cost = $ 1, 33, 76,000
1. The Annual Distribution Cost of the current distribution network is as follows
Total transportation cost = 8 × 32 × 10,000 × 0.5
= $1,280,000
Holding cost = (500/2) × 8 × 32
= $64,000.
The total annual cost = 1,280,000 + 64,000
= $1,344,000
2 & 3. Milk Run Using Small Trucks would reduce the transportation cost to a greater extent.
Number of stops/truck 4 Batch size/product/store = 10000 / 4
= 2,500
Average inventory at store/product = 2500 / 2
= 1,250
Number of shipments/store/year = 20
Truck cost / retail store/supplier/year = $ 3,000
Total truck cost/year = $ 768,000
Holding cost / retail store/supplier = $ 1,250
Total holding cost / year= $ 320,000
Total holding and truck cost = $ 1,088,000
Savings = 1088000 - 320000
= $ 768,000
Financial savings refers back to the cash that a person has left over once they subtract their consumer spending from their disposable profits over a given term. economic savings, therefore, represents an internet surplus of budget for someone or a household ultimately prices and duties have been paid.
Saving is income not spent or deferred consumption. techniques of saving include placing cash aside in, for instance, a deposit account, a pension account, a funding fund, or as cash. Saving additionally includes lowering expenses, inclusive of regular fees.
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What power tactic is being used when a manager says that their request corresponds with a corporate policy or rule?.
Legitimacy power tactics are being used when a manager indicates that a request corresponds with a corporate policy or rule.
In political wisdom, legality is the right and acceptance of generally applicable laws or governing authorities. Authority means a particular position in an established government, while legitimacy means the system of government and government means 'sphere of influence.One place of legality is to cover and further the pursuit of the institution's objectives. State legitimacy is commonly understood as sovereignty. When considering legality across states, we need to consider how different purposes change legality.
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Disclaimer: The question is incomplete. Please read below to find the missing content.
Which of the following power tactics is being used when a manager indicates that a request corresponds with a corporate policy or rule?
A. Rational persuasion
B. Inspirational appeals
C. Consultation
D. Exchange
E. Legitimacy
If you were willing to pay $10 for a product, but the firm only charges you $8, the firm will most likely see a reduction in _______.
If you were willing to pay $10 for a product, but the firm only charges you $8, the firm will most likely see a reduction in profit.
Creating an income is one of the maximum important goals of an enterprise. Calculating your profit can not only help you determine your level of fulfillment, it additionally affords statistics about where your commercial enterprise is earning profits and wherein you're spending it.
Earnings that arise from occasions or transactions which might be incidental to a commercial enterprise consist of the sale of fixed assets, winning a court docket case, and appreciation inside the value of an asset. Income: The extra revenues of a period over its associated costs during an accounting year is named profit.
A commercial enterprise's profit is the amount of money closing after the corporation pays its costs and costs. Charges are the expenses involved in developing, growing, and promoting the business's products and services.
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marketers spend billions of dollars each year to capitalize on fulfilling consumer's drive to get what they need or want, a concept known as
Marketers spend billions of dollars each year to capitalize on fulfilling consumers' drive to get what they need or want, a concept known as motivation.
If we must use terminology, an "economic motive" is the human propensity to weigh the costs and rewards of pursuing a certain goal and selecting the course of action that will yield the highest returns relative to the investment.
Economic motivation, or the desire to accumulate and/or create riches, has been rated differently depending on the state of economic life in various social contexts and during various historical eras.
The profit motive, as used in economics, is what drives businesses to operate in a way that maximizes their profits.
A struggle for control over commodities and services may not be economically motivated, in contrast to simplistic notions of what constitutes an economic activity.
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in deciding to share negative information about another employee to your supervisor, what question should you consider first?
Was the act criminal or hostile behavior or just a one-time mistake? Is the question which should be considered first before sharing negative information or communication.
Employee communication is frequently described as the exchange of ideas and information between an organization's management and its workforce. The availability of numerous channels for communication with both your staff and consumers is crucial for the success of your business. The reach of communication has unquestionably expanded thanks to social media.
Before Communication or sharing any information between other employees it is very essential to see if it is true what is being shared or not.
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what does a responsive display ad use in its machine-learning model to determine the optimal combination of assets for your ad slot?
Responsive display ad use in its machine-learning model to determine the optimal combination of assets for your ad slot prediction built from your past performance history
For the Viewing Network, responsive display ads have replaced adaptable advertising as the default ad format. Both normal show campaigns and mobile viewing campaigns could make advantage of these. if you export the resources, such as images, titles, icons, clips, and representations, to create a responsive display ad.
In order to determine the best assets for each ad slot, responsive display ads will employ a machine-learning model that forecasts performance-based history of an advertiser.
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which substance is not used when making a toolmark cast? question 1 options: mikrosil silicone candle wax dental wax
Silicone is not used when making a toolmark cast.
The silicone casting substance Copyright can be used to cast a toolmark. This makes a stable and durable item, is quick to set, easy to use, and capable of recording extremely fine details. Guns have rifled barrels, with the exception of shotguns, which have smooth barrels.
Tool-mark analyses assist forensic scientists in locating the tool or tools used at the crime scene and establishing a connection between the tool(s) and the offender. Investigators compare tool marks by reviewing finely detailed photographs or silicone molds of the marks, and they also gather traces of evidence (such as tool residue).
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find the present value of an annuity of $8000 paid at the end of each 6-month period for 8 years if the interest rate is 5%, compounded semiannually. (round your answer to the nearest cent.)
Present value of annuity A= P*[ (1 - (1 + R) ^ (- N)] R
where
P= Payment = $8000
R = Rate of interest per period-4/2% N= no. of period = 10×2=20
S_{n}
A= 8000[ (1 - (1 + 2gamma_{0}) ^ - 20] 270
= (8000[1 - (1 + 2/100) ^ - 20])/(2/100)
130 811.466 $
In funding, an annuity is a chain of payments made at equal intervals.[1] Examples of annuities are everyday deposits to a financial savings account, month-to-month domestic mortgage payments, month-to-month insurance bills and pension payments. Annuities may be categorized with the aid of the frequency of payment dates. The bills (deposits) may be made weekly, month-to-month, quarterly, every year, or at another normal c language of time. Annuities can be calculated by mathematical features referred to as "annuity functions". An annuity which gives for bills for the remainder of someone's lifetime is a lifestyles annuity.
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The heart is an example of several similar tissues working together to do a specific job for an organism. Which level of organization represents the heart?.
organ. An organ made of cardiac tissue, which is made of cardiac muscle cells, is the heart. The smallest organizational unit in the body is the cell.
What level of organization is the heart?The majority of organs have tissues like epithelium, stroma, and parenchyma, which are employed to carry out the organ's duties. Organs can be solid or hollow, and their size and intricacy can vary greatly. Organs include things like the brain, the heart, and the lungs. The heart would categorized as an organ at level of organization. An organ made of cardiac tissue, which is made of cardiac muscle cells, is the heart. The smallest organizational unit in the body is the cell. Because cardiac tissue is trained to contract, the heart can beat continually to circulate blood through our bodies and maintain our life. The main component of the circulatory system, which carries blood throughout the body to provide nutrients, cells, and critical components, is the heart.
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in some countries, a binding price ceiling is placed on prescription medicines. what would someone expect the prescription medicine market to be like in these countries?
The prescription medicine market to be like in these countries Legal maximum prices mean that not all consumers have access to prescription drugs.
Prescription drugs are drugs that require a doctor's prescription by law. In contrast, over-the-counter drugs are available without a prescription.
A prescription drug is a drug that can be given to a patient only under the written direction of a licensed health care professional. Examples of prescription drugs include antihypertensive drugs, anticancer drugs, and strong pain relievers.
A prescription is defined as a written, printed or other form of document issued by a Registered Physician or other licensed Physician. Dentists, veterinarians, BAMS, etc. Directing or directing registered pharmacists to mix and/or dispense specific types and amounts of formulations
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suppose the national bureau of economic research (nber) comes out with a report suggesting that the economy will soon dip into recession. you can expect that:
Suppose the National Bureau of Economic Research (NBER) comes out with a file suggesting that the financial system will quickly dip into recession. You can count on that: The hard work pressure participation price is probably to fall.
The required details for National Bureau of Economic Research (NBER) in given paragraph
The National Bureau of Economic Research (NBER) is an American private nonprofit studies organization "devoted to project and disseminating independent monetary studies amongst public policymakers, enterprise professionals, and the instructional community". The NBER is widely known for presenting begin and cease dates for recessions within side the United States. Many chairpersons of the Council of Economic Advisers had been formerly NBER Research Associates, along with the previous NBER president and Harvard Professor, Martin Feldstein. The NBER is likewise recognized for its begin and cease dates of US recessions.
The NBER is alleged via way of means of a few to serve the function as an arbiter of whether or not the U.S. is in a recession or not. The origins of this function may be traced to the Sixties whilst the Commerce Department started publishing a digest that depended on NBER's evaluation of the enterprise cycle.
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In sugar pine trees, lots of seedling are produced, but very few survive to adulthood — death occurs predominantly in young individuals. But if a seedling is able to become established, that individual often survives to a very old age. Which type of survivorship curve do sugar pine trees exhibit?.
The type of survivorship curve do sugar pine trees exhibit type III.
The concept of cancer survivorship' become first defined by means of Mullan, who identified three phases: acute, prolonged, and everlasting survival. Since 2006, the U.S. Institute of medication defined cancer survivorship as the complete most cancers continuum from initial prognosis through the remainder of life.
Change phrases also are used which include “alive” and “thrivers” which emphasize living as well as feasible. This terminology even extends to “providers,” who have now not been diagnosed, but however, survived a predisposition to most cancers due to positive genetic mutations.
Whilst treatment ends, you can anticipate that lifestyles will soon go back to ordinary. Or you may see the diagnosis as an opportunity to make modifications to your lifestyle. Over time, most cancer survivors regularly discover a new manner of residing. This manner is normally called locating a new regular and it may take months or years.
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when an organization decides to outsource project work to a company in another country, training on how to work effectively with that company should be provided to?
When an organization decides to outsource project work to a company in another country, training on how to work effectively with that company should be provided to anyone who will interact with the company.
What is the importance of outsourcing?
Outsourcing can be described as the way that the company usually used in getting cheap labor in their organization.
It should be noted that when outsourcing for the workers, different means can be used and the outsource can be from the country.
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What do we call the cost of borrowing money where the borrower pays fee to the lender for the borrowed money?.
Interest is the cost associated with borrowing money.Interest is included in loan payments made by borrowers.
What is the fee called that a customer must pay when borrowing money?The cost of borrowing money, represented as a percentage of the amount borrowed, is called an interest rate (principal). Interest.However, it's not the only expense associated with borrowing money.home loan protection.For borrowers who put down less than 20%, this is an additional fee for borrowing money that must be paid.A cost that a lender charges a borrower to make up for its promise to lend money is known in the banking industry as a commitment fee.Credit lines or loans that haven't been paid off frequently come with commitment fees.When credit is used or extended, a fee known as a finance charge is assessed.With percentage-based finance costs being the most typical, it may be a flat fee or a proportion of borrowings.To learn more about Interest refer
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the journal entry to record a large stock dividend includes a debit to retained earnings and a credit to: multiple choice retained earnings. common stock. cash. additional paid-in capital.
The journal entry to record a large stock dividend includes a debit to retained earnings and a credit to common stock. Hence, option B is correct.
Common stock is a type of tradable asset or security that denotes ownership in a company. If you own common stock in a firm, you have the power to vote on issues like board of director decisions and corporate policies. Common stock is merely one type of stock that can be traded publicly.
If a shareholder holds 1,000 shares of the common stock, they possess 1% of the company. If the corporation declares a $0.10 dividend per share, this stockholder will receive $100 in dividends.
Thus, option B is correct.
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the breach of a contract for a sale of goods qualifies for specific performance, when substantially identical goods can be bought or sold in the market.
If a breach of contract occurs or is allegedly committed, one or both parties may seek to have the agreement's terms enforced or pursue compensation for any resulting financial harm.
What is a breach of contract?When one of the agreed-upon terms and conditions is broken, there has been a binding contract breach.
A breach could be anything from a missed payment to a more serious offense like failing to deliver a promised asset.
A contract has legal effect and is upholdable in court. When a contract is found to have been broken, the remedy is typically to provide the victim what they were first promised.
Punitive damages are seldom awarded when promises are broken, and a breach of contract is not considered to be a crime or even a tort.
Hence, If a breach of contract occurs or is allegedly committed, one or both parties may seek to have the agreement's terms enforced or pursue compensation for any resulting financial harm.
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if a taxpayer is due a refund, it will be mailed to the taxpayer regardless of whether he or she files a tax return. group of answer choices true false
When the IRS receives your paper tax return, your refund should be issued within six to eight weeks if it is complete and accurate.
Your refund should be issued in less than three weeks if you file electronically, and even sooner if you choose direct deposit.
How is a refund issued to a taxpayer?
Most of the time, tax refunds come in the form of paper checks that are sent by mail or direct deposits to the taxpayer's bank account. Alternately, taxpayers can purchase Series I Savings Bonds with the refund. If you choose direct deposit and e-file your tax return, you will receive your refund the quickest.
Who is in charge of processing the refund for income tax?
At the moment, all primary assessments are carried out by CPC in Bangalore. In accordance with section 143 (1), a notice of intimation is sent to the registered email address after the CPC unit of the Income Tax Department takes up the ITR for processing, which entails cross-checking the details reported in the ITR with the information at hand.
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all of the following correctly explain advantages of investing in real estate investment trusts (reits) except a) tax deferral. b) diversification. c) professional management. d) liquidity.
All of the following correctly explain advantages of investing in real estate investment trusts (reits) tax deferral, diversification, professional management, except liquidity.
What is real estate ?Real estate refers to a property that consists of land and buildings on it, as well as natural resources such as crops, minerals and water. Real property of this kind; advantages a related interest in real property, buildings, or housing in general. From a legal point of view, real refers to ownership of land and is distinguished from private property, while estate refers to the "interest" that a person has in that land ownership. Immovable property is distinguished from personal property, such as property, which is not permanently attached advantages to property. Vehicles, boats, jewelry, furniture, tools, and farm vehicles. United States real property may be transferred, owned, or acquired by a corporation, individual, non-profit organization, trustee, or legal entity governed by state law.To learn more about real estate from the given link :
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the greatest concerns that most people have when they consider moving their financial transactions to the web are and reliability
The major concerns that most people have when they decide to move their financial transactions to the web are security and reliability.
Phishing scams, website hacking, spyware, credit card fraud, ransomware assaults, and unprotected web services are a few threats that internet enterprises must deal with. Most internet businesses perform many transactions and manage sensitive personal information provided by customers.
Security over Financial Transactions, or SOFT, refers to the comprehensive security control that banks and other financial institutions have over the financial transactions that customers conduct over the network at any time and on any platform. (Mobile, Net Banking, and E-Commerce).
All kinds of online transactions can be protected using SSL certification (credit, debit card, online banking, etc.). The SSL protocol was created to guard against security lapses when transferring data online.
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arthur's company is doing well, but he has grown a bit tired of the daily grind. the idea of selling is appealing to him. which of the following would you recommend that arthur do next? a. get advice from someone who has sold a business. b. ask a business broker what his business is worth. c. ask his advisory board for their opinions. d. go public.
You would advise Arthur to speak with someone who sells the company further.
Websites that advertise small businesses for sale are a great place to look if you're trying to figure out where to find businesses for sale. Online aggregators for small businesses and franchises for sale include websites like bizbuysell.com, bizquest.com, and franchisegator.com.
Selling a business has many legal ramifications and obligations, so it's crucial to consult with an experienced commercial lawyer early on to help you through this process and ensure a smooth transition.
The general recommendation is that companies maintain a cash reserve equivalent to three to six months' worth of operational expenses. However, a number of variables, including the sector, the stage the business is in, its objectives, and the availability of finance, might affect this sum.
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mario earned millions of dollars by taking the money he earned though his business and reinvesting it into real estate. the money that he invested is called
Mario earned millions of dollars by taking the money he earned through his business and reinvesting it into real estate. the money that he invested is called capital.
Real estate is defined as land and all permanent structures, such as dwelling houses, or improvements attached to land, whether natural or man-made.
A real estate is a form of real estate ownership. Real estate is property that includes land and buildings, as well as natural resources such as crops, minerals or water; in real estate of this nature; an interest is given to this property, the building or the dwelling in general. The word "real" is of Latin origin, meaning existing, real or genuine. The word "real estate" is an English translation of the Old French word "estate", which means status.Learn more about real estate here: https://brainly.com/question/1534216
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expenses are expected to be 50% of revenues, and working capital required in each year is expected to be 20% of revenues in the following year. the product requires an immediate investment of $40,000 in plant and equipment that will be depreciated using the straight-line method over 5 years. the firm recently spent $2,000 on a study to estimate the revenues of the new product. the tax rate is 20%. what is the operating cash flow in year 1? answer to nearest whole dollar amount.
Investment in plant and machinery and study to estimate the revenue of new products are made in year 0. Depreciation Cost of plant and machinery = $ 40,000 Depreciable.
What is the investment?Investment is the ceremonial of money to purchase an asset to attain an increase in value over a time period of time. Investment requires a sacrifice of some present quality, such as time, medium of exchange, or effort. In finance, the purpose of investing is to generate a return from the invested asset.
As an investment, what experts alter is figuring out your goals and risk permissiveness – either on your own or with the help of a financial professional. There is no warranty that you'll make money from your investment funds. Before you begin an investment fund.
Therefore, The Depreciation Cost of plant and machinery = is $ 40,000 Depreciable.
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a company's is the part of a corporate strategy that addresses how to gain and sustain a competitive advantage when competing against other foreign and domestic companies around the world. multiple choice question. equity alliance framework multinational enterprise global strategy marketing strategy
The correct answer is equity alliance that is option A is correct.
The global strategy element of a company's corporate strategy focuses on how to gain and keep a competitive edge when competing against other domestic and foreign enterprises on a global scale. A global strategy is a plan that will assist a business in transitioning from an international business (which sells goods or services in other nations) to a worldwide business, which runs operations like factories and distribution centers around the globe. when companies create a single, universal brand and make minimal to no adjustments for different markets. Examples of this include Apple's stylish iPad, Macbook, and iPhone. The brand is the same everywhere, even though the keyboards and software may be localized. When a business decides to enter the worldwide market, it prepares a global strategy.
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after taking extensive notes for a report you are writing, you are having a hard time organizing your various sources. how can data be organized when electronic note-taking tools are used? check all that apply.
The introduction, background, or problem section would be written first.Your conclusions or suggestions are next.These are supported by the section on justifications or support, which provides specifics about the evidence.
The concluding paragraph usually contains some kind of additional commentary, evaluation, or summary.
What points should you keep in mind while you organize the report? Generally speaking, trip, convention, and conference reports shouldn't be written in chronological order.
Instead, concentrate on three to five subjects you believe your reader will find interesting.Determine the occasion and the subjects to be covered first.
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Would you expect a $1 increase in a call option’s exercise price to lead to a decrease in the option’s value of more or less than $1?.
Reduce your call costs by less than $1. If the market price of the asset is above the strike price, the owner can purchase the asset at a discounted price compared to what the market offers.
Strike prices are commonly used in options trading. This price is known as the option's strike price (or strike price). For call options, the strike price is the price at which the option holder can purchase the security. For put options, the strike price is the price at which the security can be sold. The higher the volatility of a stock, the more likely it is to "move" towards its strike price. The higher the overall implied volatility or vega, the more valuable the option. Generally speaking, when implied volatility drops, call options can lose value even if the stock price rises.
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How does price discrimination move a market that is not perfectly competitive to an efficient output level?.
Price discrimination encourages enterprises to expand output until their marginal cost and the marginal benefit of their previous customer are equal.
Businesses that discriminate against customers set their prices so that marginal cost and marginal profit are equal for all clients.
How does pricing discrimination impact productivity?
A company can sell at a significantly higher production thanks to price discrimination. As a result, it is making use of its earlier spare capacity. The business can use its production elements more effectively as a result. Greater earnings are also possible thanks to the company's higher output, which enables it to cut long-term average costs.
Is price discrimination still viable in a weak market?
With the exception of perfect competition, all market structures have the possibility for pricing discrimination. A company may be able to use price discrimination as long as it faces a downward-sloping demand curve and thus has some level of monopoly power.
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windy city is a company that makes wind turbines. the business owner, mindy, is struggling to compete. finding enough employees who know how to do the work has been difficult, and mindy believes that her labor costs are too high because she cannot afford to match the prices of her nearest competitors. to help with these problems, mindy hires a new hr manager, ella. ella recommends they start by bringing in an industrial engineer. how is this approach to job design most likely to help windy city?
Windy city is a company that makes wind turbines. The business owner, Mindy, is struggling to compete.
To help with these problems, Mindy hires a new HR manager, Ella. She recommends they start by bringing in an industrial engineer, this approach to job design is by simplifying work and increasing output per worker.
How does a wind turbine work?
Wind turbines work using electricity to make wind like a fan, wind turbines use wind to make electricity. Wind turns the propeller like blades of a turbine around a rotor, which spins a generator creates electricity.
What are the cons of wind turbines?
Some of the main disadvantages of wind energy include:
UnpredictabilityA threat to wildlifeCreates low-level noiseThey aren't aesthetically pleasingLimited locations suitable for wind turbinesHow many wind turbines required to power a house?
Even in a very gusty location, need about 17 small wind turbines just to power a single home. The larger the blades, the greater the wind speed, the more electrical output a wind turbine will generate.
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andre wheeler wants to know what home price he can afford. his annual gross income is $58,800. he has no other debt expenses and expects property taxes and insurance to cost $420 per month. he knows he can get a 9.00 percent, 15-year mortgage so his mortgage payment factor is 10.14. he expects to make a 25 percent down payment. what is andre's affordable home purchase price?
He anticipates putting down a 25% deposit. Andre might afford to buy a house for $154,504.
How much is a down payment?A down payment is a sum of money paid by a buyer at the beginning of the process of buying a costly commodity or service. The buyer will frequently take out a loan to finance the balance of the purchase price since the down payment only covers a portion of the total cost.
Calculations:
Affordable housing costs equal affordable mortgage rates (1 - Down payment percentage)
Cost-effective mortgage loan = Cost-effective monthly payment * 1,000 / Factor
Monthly income multiplied by 33% of an affordable monthly payment minus property taxes.
= (58,000 / 12) * 33% - $420
= $1,175
Mortgage loan within one's means = 1,175 * 1,000 / 10.14
= $1,15,878
Price of an affordable home to buy = 1,15,878 / (1 - 25%)
= $154,504
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