Answer:
Purchase money mortgage.
Explanation:
A purchase money mortgage is the loan that is given to the individual buying the property.
This loan is issued by the seller of the property as a part of the transaction made when selling the property. The interest rate that comes with this type of loan is high.
The buyers benefit from the purchase money mortgage due to the flexible requirements that is needed in collecting the loan while the sellers benefits from the high interest rates that is added to the loan.
Answer:
Date Account Titles and Explanation Debit Credit
1-Nov Cash Dividends $42,000
(8,400 shares x $5)
Dividends Payable $42,000
(To record dividends payable)
1-Dec No entry on this date
31-Dec Dividends Payable $42,000
Cash $42,000
(To record payment of cash dividend)
Answer:
CITY OF SOUTH RIVER
APPROPRIATION (appr), EXPENDITURES (expend), AND ENCUMBRANCES (encum) LEDGER
GENERAL FUND: PUBLIC SAFETY - POLICE
MONTH: JULY, 2020
Tran
- Refer - App - Encum - Expend - Unexpended App Balance
1 Budget -8706000 - - 8706000
2 Purchase
Orders
issued - 533000 - 8173000
3 Invoice
received and
approved for
payment - -496000 486000 8183000
4 Payrolls - - 302000 7881000
5 Budget
Revision 58000 - - 7823000
Total 8648000 37000 788000 7823000
Answer:
It can be greater as well as less.
Explanation:
1st of all we should know what is Future Price and what is Stock Index.
The futures price can be more or less that the predicted fee.
When futures costs are lower than predicted price spot fees, the situation is known as normal backwardation.
When futures prices are higher than anticipated spot charges, it is called normal contango
Answer: Target market
Explanation: The target markets refers to the group of customers at which an organisation aims its marketing efforts. In simple words, it is that market in which the organisation intends to make it sale for the generation of profits.
In the given case, Kroger is introducing a product that satisfies needs and preferences of Hispanic customers specially. So we can conclude that Hispanic consumers are the target market for Kroger.