1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
exis [7]
3 years ago
7

Why might the federal government decide to intervene in the housing market to promote home​ ownership?

Business
1 answer:
Ksivusya [100]3 years ago
6 0
The answer to this question is <span>To make it easier for families to borrow money to purchase a home. Most citizens in united states use real estate as a way to purchase long-term investment as their wealth accumulation.
To ensure citizen's economic safety in the future, it is wise for the government to provide an easier way to obtain home ownership such as cheap mortgages. </span>
You might be interested in
Lisa Smith decided to start her CPA practice as a professional corporation, Smith CPA, PC. The corporation purchased an office b
Over [174]

Answer:

B. Historical cost principle

Explanation:

In accounting, historical cost principle indicates that a business or an organization must record and account for both assets and liabilities at their purchase or buying price. In points that during bookkeeping, while recording the worth of an assets, the purchase price used in buying it must be recorded. Here, Lisa bought the building for $35000 but recorded $50000 because she believes that to be the real value. By doing so, lisa has violated the historical cost principle concept.

4 0
3 years ago
Use the cost information below for Laurels Company to determine the cost of goods manufactured during the current year: Direct m
Zanzabum

Answer:

$16,100

Explanation:

Add the total manufacturing costs for the year to determine the cost of goods manufactured during the current year. Also remember to account for change in work in process inventory.

3 0
2 years ago
Topdog is a toy company, whose profit/sales percentage is 13% in 2015, 16% in 2016 and 20% in 2017. Assuming simple trend, what
elixir [45]

Answer:

25%

Explanation:

Using simple trend, to calculate the predicted sales/profit of 2018, we use;

(percentage sales of 2017 - percentage sales of 2016) ÷ percentage sales of 2016.

we have,

percentage sales in 2018 = <u>20 - 16</u>

                                              16

                                        =  <u>4</u>

                                           16

                                       = 0.25.

Percentage sales in 2018 = 25% i.e 0.25 x 100%

Cheers.

6 0
3 years ago
Josh is journalizing an adjustment for a bank service fee. What type of
Monica [59]

Answer:

Expense

Explanation:

8 0
2 years ago
Allison wants to become an MLO but is unsure about the process in which she must go through to obtain her license. She needs som
ladessa [460]

Answer: See explanation

Explanation:

The steps that Allison must take in order to obtain her mortgage loan originator license include the following:

Step 1. In order to get the license, Allison should be at least 18 years old.

Step 2. Allison should register with Nationwide Mortgage Licensing System and Registry after which she'll get an NMLS number.

Step 3. Allison would then have to finish the 20 hours pre-licensure education aftee which she must pass it by having a score of at least 75%.

Step 4. Allison would then go through a criminal background check if she scores at least 75% and get the credit report.

8 0
2 years ago
Other questions:
  • Countries with democratic regimes, market-based economic policies, and strong protection of property rights are more likely to a
    9·1 answer
  • Most SBA loan assistance is made by guaranteeing loans made by commercial banks.<br> True or False
    9·1 answer
  • Money is always based on a precious metal like gold or silver. anything that is generally accepted in payment for goods and serv
    12·1 answer
  • A buyer and a seller are disputing a contract for sale and purchase. They agree to submit the matter to a third party who will m
    8·1 answer
  • George tallies up the transactions in his check register and comes up with a total balance of $221.57, but his bank statement sa
    6·1 answer
  • An excise tax of $2 is placed on a jar of Honey. Honey producers end up bearing only $0.40 of the tax. The demand curve for hone
    5·1 answer
  • Onyxo Inc., a consumer electronics company, is the leading manufacturer of LCD televisions. LCD technology has been its core com
    13·1 answer
  • A formed partnership brings with it different obligations to your fellow partner and third parties. From an ethical perspective,
    7·1 answer
  • Venetian Company has two production departments, Fabricating and Assembling. At a department managers meeting, the controller us
    10·1 answer
  • Lola is a purchasing agent for her company. She has just submitted a purchase order to the supplier. What step in the purchasing
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!