It would be 1600 because the 20 percent keeps the bank from loaning the rest
The borrower needs to bring the 10% down payment and another $3,3330 for points for a total of $21,830.
Answer=$21,830
Answer:
$103,000
Explanation:
Data provided as per the question is given below
Beginning inventory = $12,000
Purchases inventory = $120,000
Ending inventory = $29,000
The computation of cost of goods sold is shown below:-
Cost of goods sold = Beginning inventory + Purchases inventory - Ending inventory
= $12,000 + $120,000 - $29,000
= $132,000 - $29,000
= $103,000
Answer: Risk
Explanation: Risk in investment couid be explained as the potential loss an investor could likely incurr by making or going into an investment. The uncertainty which surrounds various investment options, the propensity that business investment could result in a loss refers to risk associated with investing. In the scenario above, Gina Davidson's evaluation involving value lost on some stocks while trying to make a decision on how and what to invest her cash in, highlights that she is most concerned about the RISK associated with investing.
Answer:
c.only that the debit dollar amounts equal the credit dollar amounts
Explanation:
For recording the business transactions, the first step is journalizing through recording. After that we post these to their respective account which we called ledger accounts.
The motive of recording the business transactions is to equate the debit and credit sections as per the double accounting through which the financial statements should be verified, and correct in all aspects.
