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2 years ago

If you need a mortgage for a home purchase, what should your first course of action be?

1 answer:

5 0

We can actually deduce here that if one needs a mortgage for a home purchase, the first course of action will be: C. Visit loan officers at various lending institutions and apply for the loan.

<h3>What is mortgage?</h3>

Mortgage refers to a loan that buyers of real properties place in order to raise funds which they can use to buy real estate.

Here are the options that complete the question:

A. Create a new loan for a new fishing boat

B. Ask your credit card company for just one credit score

C. Visit loan officers at various lending institutions and apply for the loan

D. Contact people that can advocate for your character and have them write letters of recommendation.

We see that one that needs mortgage for a home purchase, will first visit loan officers at various lending institutions and apply for the loan.

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Jerry's Flowers had the following cost information related to its purchases of merchandise. Calculate the total cost of merchand

ch4aika [34]

Answer:

$91,100

Explanation:

Calculation to determine the total cost of merchandise purchased

Using this formula

Total cost of merchandise purchased = Invoice cost of merchandise purchases + Cost of transportation in - Purchase returns and allowances - Purchase discount

Let plug in the formula

Total cost of merchandise purchased= $100,000 + $500 - $400 - $9,000

Total cost of merchandise purchased= $91,100

Therefore the total cost of merchandise purchased is $91,100

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3 years ago

Which of the following is a disadvantage of equity capital?

Blababa [14]

Norge answer ishhhhhnxmjdnshei

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3 years ago

Sunland Company purchases $50,400 of raw materials on account, and it incurs $61,300 of factory labor costs. Journalize the two

lisabon 2012 [21]

Answer:

A. Mar 31

Dr Raw materials $50,400

Cr Account pay $50,400

B. 31

Dr Factory labour $61,300

Cr Factory wages $61,300

Explanation:

Preparation of the Journal entries for Sunland Company

A. Since we were told that the company purchases the amount of $50,400 of raw materials on account this means that the transaction will be recorded as:

Mar 31

Dr Raw materials $50,400

Cr Account pay $50,400

B. Based on the information given we were told that the company incurs the amount of $61,300 of factory labor costs this means that the transaction will be recorded as:

Dr Factory labour $61,300

Cr Factory wages $61,300

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4 years ago

Baby Goods Inc. buys Child Shops Inc. in an attempt to gain monopoly power. Remedies that a court might impose in a suit against

zhuklara [117]

Based on the information given regarding the monopoly power, the remedy by the court will be<u> divesting itself of the control or ownership of</u><u> Child Shops</u>.

It should be noted that antitrust laws are put in place in order to protect consumers from business practices that are predatory and also ensure fair competition.

Since antitrust laws recommend the breaking of certain business conducts, there'll be the divesting of the company of the control or ownership of Child Shops.

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3 years ago

What High School did LeBron James go to?

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Answer:

St Vincent St Mary High

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3 years ago

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