Steve and jennie got a stated income loan in 2008 from qxq. as it turns out, they lied on their application and said they made more money than they actually do and just a couple of months later they couldn't make their payments and defaulted on their mortgage. who or what is at fault?

You estimate that your cattle farm will generate $0.15 million of profits on sales of $3 million under normal economic conditions and that the degree of operating leverage is 2. (leave no cells blank - be certain to enter "0" wherever required. do not round intermediate calculations. enter your answers in millions.) a. what will profits be if sales turn out to be $1.5 million?