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1 year ago

The loan-to-value ratio for a condominium purchased for $265,000 with a down payment of $53,000 is?

Business

1 answer:

Temka [501]1 year ago

6 0

The loan-to-value ratio for a condominium purchased for $265,000 with a down payment of $53,000 is 80%.

A loan is a loan of money by one or more individuals, entities, or other entities to another individual, entity, etc. Repayment amount of the principal borrowed.

A loan is a type of debt owed by an individual or other legal entity. A lender (usually a corporation, financial institution, or government) makes an advance payment to a borrower. In return, the borrower agrees to certain terms, including funding costs, interest, repayment dates, and other terms.

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A congresswoman from a state with several tire factories argues that the government should impose a tariff on tires because they

Korvikt [17]

Answer:

e. National-security argument

Explanation:

When people start talking about wars, different types of armed conflicts, or defending the country against its enemies, then they are using the national security argument. In this case, the argument is not very solid since military vehicles do not use regular tires, they use special tires that are generally not made in China.

6 0

3 years ago

What would be the return on total assets of a firm if net income is $50,000, total sales are $100,000, and total assets are $175

lesantik [10]

Answer: 28.6%

Explanation:

The return on the total asset of a firm will be calculated as the net income divided by the total asset and this will be:

=Net income / Total assets

=50,000/175,000

=28.6%

Therefore, return on total asset is 28.6%

7 0

3 years ago

eriod costs ________. should be treated as an indirect cost rather than as a direct manufacturing cost seldom influence financia

Serhud [2]

Answer:

include the cost of selling, delivering, and after-sales support for customers

Explanation:

The period cost is the cost which includes the major part of the selling and admin expenses plus it is also not capitalized and can be incurred according to the passage of time

So as per the given situation, the third option is correct as it includes the selling, delivering cost and after sales support

Therefore all the other options are wrong

6 0

2 years ago

What is the term for a more complex production strategy that combines approaches from more than one basic strategy?

VARVARA [1.3K]

On Harvard Business News it explained this connection on strategic management, it links all the strategies and complexities in the business. Because of the diversity and continuous change in business schemes and application, there is a need to merge everything and all the phases that occurred in the business. The aim of strategic management is to simplify everything and make it individualized and cater the clients on the services or products it has.

7 0

2 years ago

Phone Tech, a global phone company, frequently needs to respond quickly to fast-changing consumer tastes with its smartphones. T

Elodia [21]

Answer:

The correct answer is: Organic organizational structure

Explanation:

Organic organizations, also known as the organismic organization, is a flexible organizational structure that is capable of adapting the incorporated changes.

In such an organization, there is minimum job specialization and hierarchy. The workers of an organic organization have no job descriptions and rigid procedures. It contains multi-talented workers that are capable of performing variety of tasks.

Therefore, an organic organization is the most adaptive organizational structure as it can quickly adapt and respond to changes in environment.

Therefore, Phone Tech is utilizing an organic organizational structure.

8 0

3 years ago