Answer:
Real estate short sale
Explanation:
Real estate is defined as a piece of land and any attached property that is constructed on it.
In real estate business a real estate short sale occurs when the person that owns a property decides to sell the property at a price that is less than the amount on the mortgage.
This usually occurs as a result of financial distress of the owner.
In the given scenario the property has a mortgage value of $150,000 and down payment of $30,000 has been made.
The mortgage amount is now $150,000 - $30,000 = $120,000
However they now sell the property for $115,000 which is less than the remaining mortgage value of $120,000.
This is and example of real estate short sale.
Answer:
The correct answer is letter "C": does not have physical substance, yet often is very valuable.
Explanation:
Physically, intangible assets do not exist but they are important since they represent potential revenue. Types of intangible assets include brand recognition, intellectual property and legitimate patents such as patents, trademarks, and copyrights. Intangible Assets do not have value for accounting recording purposes.
Answer:b. A career is a series of steps or accomplishments working towards a lifelong ambition or goal.
Explanation:
<span>20% is the maximum speed up possible for this program.
For this problem, let's assign the time of 1 for the task when using a single processor. Now let's assume that we have an infinite number of processors available to handle the portion of the program that can be executed in parallel so that the execution time for that portion will be 0. That means that the total execution time with an infinite number of processors will be
1 * (0.80 + 0) = 1 * 0.80 = 0.80
So at best, the parallel program will take 80% of the time for the single threaded version. So the speed increase will be
(1 - 0.80) / 1 = 0.20/1 = 0.20 = 20%</span>
Answer and Explanation:
c. If direct labor cost is the cost driver, direct labor and manufacturing overhead may be combined into the single element of conversion cost.