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2 years ago

The mortgage bankers and real estate companies who helped create the financial crisis of 2008 were driven by.

1 answer:

5 0

A majority of the mortgage bankers and real estate companies who were influential in the creation of the financial crisis in the year 2008 were driven by affordable housing for the United States' people.

<h3>What is the significance of 2008 financial crisis?</h3>

The financial crisis of 2008, which lasted until early 2009, was caused by the luring the schemes of affordable housing for the US citizens by some of the biggest global mortgage bankers and real estate companies by coming in close collaborations.

The 2008 financial crisis was influential in complete destruction of global economic conditions. This was one of the first big level crises of the 21st century.

Hence, the causes of 2008 financial crisis are aforementioned.

Learn more about 2008 financial crisis here:

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The B-52 is an aircraft used by the U.S. military in armed conflict. Based on this information, what kind of good is a B-52 airc

ycow [4]

B. because it is only used by the military and not the public

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3 years ago

What is the return on common stockholdersâ equity based on the following: Beginning Common Stockholdersâ Equity: $10,317,000 End

Slav-nsk [51]

Answer:

13.28%

Explanation:

return on stockholders' equity = net income after taxes and preferred stock dividends / average stockholders' equity

net income = $1,429,000
preferred stocks dividends = 8,000 stocks x $75 x 6% = $36,000
average stockholders' equity = ($10,317,000 + $10,662,000) / 2 = $10,489,500

return on stockholders' equity = ($1,429,000 - $36,000) / $10,489,500 = 13.28%

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3 years ago

(lavilla) lavilla is a village in the italian alps. given its enormous popularity among swiss, german, austrian, and italian ski

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The answer is <u>"120 skiers per day".</u>

On average, 1,200 skiers in the village

On average, skiers stay in lavilla for 10 days

how many new skiers are arriving = ?

Applying Little's Law,

Flow Rate = Inventory / Flow Time

= 1200 skiers / 10 days

= 120 skiers per day

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3 years ago

A branch of accounting that generates reports and information for the use of internal management for decision making purpose is

earnstyle [38]

Answer:

financial accounting and management accounting

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3 years ago

Speedy Package is California's largest express transportation company. In addition to the largest fleet of all-cargo aircraft in

tia_tia [17]

Answer:

Date General Journal Debit Credit

Cash $15,400

Accumulated Depreciation $39,600

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(Assuming the truck was sold for $15,400 cash)

Cash $16,500

Accumulated Depreciation $39,600

Gain on sale $1,100

Equipment - Delivery truck $55,000

(Assuming the truck was sold for $16,500 cash)

Cash $12,700

Accumulated Depreciation $39,600

Loss on sale $2,700

Equipment - Delivery truck $55,000

(Assuming the truck was sold for $12,700 cash)

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2 years ago