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1 year ago

Fannie mae says lenders need to use appraisers who have ___________________ appraising manufactured homes.

1 answer:

6 0

Fannie mae says lenders need to use appraisers who have knowledge, experience, and data sources for appraising manufactured homes.

The term appraiser refers to that professional person who determines the market value of an asset generally in the real estate industry.

An appraiser should always act independently of the buying and selling parties in a transaction. The opinion given by them about the real and fair value of an appraised asset must be unbiased in nature. It must be valued by using observations as well as relevant statistics or facts, and the other information.

Depending upon the circumstances, the appraisers always presents their findings in a written as well as verbal appraisal.

To know more about the appraiser here:

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Assume that Amazon has a stock-option plan for top management. Each stock option represents the right to purchase a share of Ama

Kryger [21]

Explanation:

The Journal entry is given below:-

1 January 2020 No Entry

31 December 2020 Compensation Expense Dr, 6,580

To, Paid-In-Capital 6,580

(Being the compensation expense stock-option plan is recorded)

Working Note:-

Compensation Expense

= $7 × 4,700 ÷ 5

= $7 × 940

= $6,580

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2 years ago

A manufacturer is contemplating a switch from buying to producing a certain item. Setup cost would be the same as ordering cost.

Luden [163]

Answer:

c. 30 percent lower.

Explanation:

Since the manufacturer is contemplating a switch from buying to producing a certain item while setup cost would be the same as ordering cost, the production rate would be about double the usage rate.

Compared to the Economic Order Quantity (EOQ), the maximum inventory would be approximately 30 percent lower under Economic Production Quantity (EPQ), and higher under EOQ.

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2 years ago

The average price of milk increased from $3.00 last year to $3.50 this year. This most likely due to:

Galina-37 [17]

The answer is: inflation

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2 years ago

Rick's Internet Corporation's balance in Retained Earnings is $30,000. The board of directors directs that $15,000 be appropriat

gtnhenbr [62]

<u>Answer</u> is D. remain at $30,000.

<u>Explanation:</u>

Rick's Internet Corporation balance in retained earnings = $30,000

Appropriated earning for future business expansion = $15,000

This appropriated earning set for future use will have no effect on the total retained earnings, because for appropriate retained earnings, the entry is to debit the retained earnings account.

Also, it would be board's decision if they want to use the money from the retained earnings or add more capital to it.

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2 years ago

If the firm had a pronounced seasonal sales pattern or if it grew rapidly during the year, how might that affect the validity of

Lerok [7]

Answer:If the firm had sharp seasonal sales patterns, or if it grew rapidly during the year, many ratios would most likely be distorted.

Explanation: Fluctuations in Economics patterns have distorting effects on the ratios of a company or an economy especially if the the seasonal patterns has been consistent for a certain period. THE VALIDITY OF MOST RATIOS ARE SEVERELY AFFECTED BY SHARP CHANGES WHICH MAKES ECONOMIC WATCHERS FEEL THE RATIOS ALREADY ANALYSED ARE NOT VALID.

A consistent flow pattern is desired in an economy and in business Organisation as it helps to give Economic watchers enough confidence in the ratios already existing.

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3 years ago