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allochka39001 [22]
1 year ago
15

The lender will charge a one-and-a-half-point origination fee and two loan discount points. what will be the total due for point

s on a $115,000 loan?
Business
1 answer:
Paladinen [302]1 year ago
7 0

The total amount payable is $4,025.

(One point equals one percent of the loan amount. 3.5% of $115,000 is three and a half points, or $115,000 x.035 = $4,025. (one and a half and two).

Lender

A lender is a person, a group (public or private), or a financial organisation who makes funds accessible to a person or business with the expectation of repayment. Payment of any interest or fees will be included in the repayment. Lenders give funding for a variety of purposes, including home mortgages, auto loans, and small business loans. The loan terms outline how it must be satisfied, such as the payback time and the implications of late payments and default. A lender may use a collection agency to recover overdue monies.

To learn more about Lender

brainly.com/question/28480989

#SPJ4

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____________ is the process of identifying and assessing the volume and sentiment of what is being said about a company, individ
andre [41]

Answer:

d) Social media monitoring

Explanation:

Social media monitoring includes the tracking of brand i.e. online and the responses also. You should check and keep your brand on the top of the message prior it become viral for the reason i.e. not right. Also it would help in maintaining the positive brand between the consumers and influencers

So, as per the given situation, it is a social media monitoring

6 0
3 years ago
Knowledge Check 01 On January 1, Greenview Company adopted the dollar-value LIFO method. The inventory cost on January 1 was $11
Kamila [148]

Answer:

Inventory to be reported is  125200

Explanation:

Adjust inventory to base year prices  

$136400/1.1=  124000

CURRENT YEAR LIFO LAYER  

$124000-$112000=  12000

Add the new lifo layer at end of period prices  

to prior year lifo inventory  

112000*1= 112000  

12000*1.1= 13200  

inventory to be shown 125200

4 0
3 years ago
Jason opened up a steak and seafood restaurant. when jason opened his business, his primary objective was to?
damaskus [11]

The primary objective  of Jason when he  opened up a steak and seafood restaurant was to change the cattle and seafood industry.

<h3>What is a business?</h3>

Business involves the process of buying as well as the selling of different goods as well as products, which can also been seen in the food industry.

It should be noted that ,in the case of jason, The primary objective  of Jason when he  opened up a steak and seafood restaurant was to change the cattle and seafood industry.

Learn more about business at:

brainly.com/question/24448358

#SPJ1

4 0
2 years ago
Sales returns and allowances A) Represent a reduction of the customer's account receivable B) Provide information about dissatis
Yuri [45]

Answer:

The correct options are<em> (B). Provide information about dissatisfied customers and the possibility of lost future sales and  (D). Are usually recorded in separate contra-revenue accounts.</em>

<em />

<em>From the foregoing the Account Receivable should be credited with the full amount of the original sales transactions not debited as provided in option </em><em>"A." Represent a reduction of the customer's account receivable.</em>

Explanation:

<em>Sales Returns and Allowances is a contra-revenue account deducted from Sales</em>. When customers return goods for one unsatisfied reason or the other, adjustments are made to the sales account. Likewise, deductions to the original selling price are made when the customer accepts defective products.

<em>How to Record the Sales Return Transaction </em>

<em>The following under-listed steps are to be taken to make the appropriate entries:</em>

  • Debit sales returns and allowances by the selling price.
  • Debit the appropriate tax liability account by the taxes collected on the original sale.
  • Credit cash or accounts receivable by the full amount of the original sales transaction.
7 0
4 years ago
The Gamebox system normally sells for $250 and comes pre-packaged with one game. The average price for games is $30. The company
Bogdan [553]

Answer:

The answer is "Option A"

Explanation:

The given statement is true because it uses the transaction price method. In this process, the amount of evaluation for the company entity continues to earn for the client to convert products or services.

Its quantity may also be fixed, changeable, or coupled, and the price of the payment shall be allocated to its fair value recognized throughout the contract, that's why in this question two gaming system includes with a 1-year free subscription in $400, and the organizations should make the gaming system $192.31 of a $400 bundle sales price.

3 0
3 years ago
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