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miv72 [106K]
2 years ago
5

Sasha's home has a current fair market value of $193,200. She has a first mortgage of $160,000 and second mortgage of $13,200. W

hat is her current equity
Business
1 answer:
Butoxors [25]2 years ago
5 0

If  She has a first mortgage of $160,000. Her  current equity is $20,000.

<h3>Current Equity</h3>

Using this formula

Current equity=Current fair market-(First mortgage+ Second mortgage)

Let plug in the formula

Current Equity=$193,200-($160,000+$13,200)

Current Equity=$193,200-$173,200

Current equity=$20,000

Therefore If  She has a first mortgage of $160,000. Her  current equity is $20,000.

Learn more about mortgage and equity here:brainly.com/question/9261270

#SPJ1

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How should an organization design its structure and culture to obtain a core competence in manufacturing and in research and dev
nekit [7.7K]

Answer and Explanation:

core competency of an organization comprise it's multiple resource, capabilities and skills that gives it a competitive advantage in the market. It was originated in management theory by C. K. Prahalad and Gary Hamel.

For an organization to have core competencies in manufacturing and also research and development putting it's organizational structure and culture to use, it has to:

create a flexible and somewhat independent structure for it's research and development department such that innovation is easy. Control must be decentralized and the team must come first

For the manufacturing department, an organic and participative approach should be encouraged. This would allow inclusive management such that workers are included in decision making processes. Managers should also be given more independence while workers should increasingly be empowered

the organization should also take stringent measures in employing the right people for the research and development as well as the manufacturing department such that these individuals are qualified and possess the needed expertise for their areas. Staff should equally be empowered through constant education and new skill acquisitions and be allowed to impart this knowledge on other staff by encouraging transfers in global expansion.

6 0
4 years ago
Lauer Corporation has provided the following information about one of its laptop computers:DateTransactionNumberof UnitsCost per
LiRa [457]

Answer:

$40,000

Explanation:

The LIFO inventory system means last in, first out. It means that It is the last purchased inventory that is first sold.

If 750 laptop computers were sold ,they would be sold from the inventory purchased on 10/15 , 8/10 , 5/5. This would total 700 laptops. The last 50 laptops would be sold from the beginning inventory . This would leave an ending inventory of 50 laptops.

50 × $800 = $40,000

I hope my answer helps you

8 0
4 years ago
A(n) _____ is a measure, such as price or quantity, that can take on different values at different times.
Nat2105 [25]

Answer:

Variable

Explanation:

Given that, Variable is defined as a mathematical term that is often time used in business operation as well, to describe a form of value or cost that is not stable or permanent, which can change over a given period of time.

Hence, in this situation, the correct answer is " a VARIABLE is a measure, such as a price or quantity, that can take on different values at different times.

3 0
3 years ago
On july 1, a company receives an invoice for $800 with term 1/10, net 30.
Marat540 [252]

The payment to be made on the invoice for $800 with term 1/10, net 30 will be $800, as the discount period has lapsed on the date of payment.

<h3>What is payment?</h3>

The dues, which are liable to be cleared off by the borrower or the buyer to the seller or owner of the goods being exchanged, are known as payments.

When discount is offered on payment for an invoice with terms of 1/10, the discount on payment shall lapse after 10 days and thus, full amount has to be paid on July 15, which is 14 days after the receipt of invoice.

Hence, the payment to be made is explained as above.

Learn more about payments here:

brainly.com/question/15138283

#SPJ1

8 0
2 years ago
Sue and Andrew form SA general partnership. Each person receives an equal interest in the newly created partnership. Sue contrib
zloy xaker [14]

Answer:

$0

Explanation:

Given that

Sue contributed amount = $18,000

FMV of land = $63,000

Basis in land = $28,000

Andrew contributed amount = $20,000

FMV of Building = $41,000

Basis in equipment = $16,000

Basis in building = $28,000

Based on the above information, the gain that would be recognized is $0 as Partnerships recognize no gain on receiving contributed valued property. At the disposal of the asset, the constructed-in benefit or constructed-in loss will be revealed. For this, the partnership basis property i.e being acquired should be based on a carryover basis.

7 0
3 years ago
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