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GrogVix [38]
3 years ago
6

What is a mortgage?

Business
1 answer:
Marta_Voda [28]3 years ago
8 0
B. a type of loan used to buy property also known as  the charging of real (or personal) property by a debtor to a creditor as security for a debt (especially one incurred by the purchase of the property), on the condition that it shall be returned on payment of the debt within a certain period.
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For each of the following independent cases, use FIFO costing to determine the information requested. Required: a. In the beginn
Ludmilka [50]

Answer:

$35,000

Explanation:

Units started and completed means that out of the units completed and transferred, how many were started during the period. This figure is calculated in physical terms only. So there is no need to express any units in their equivalents.

So, this gives us an idea of how to calculate this :

Units started and completed = Units Completed and Transferred - Units in Beginning Work in Process

therefore,

Units started and completed = 40,000 units - 5,000 units = $35,000

3 0
3 years ago
What is the primary reason that we have 3 branches
Alex_Xolod [135]
To keep every other branch in check if we had only one then they could go corrupt. (separation of power)
8 0
3 years ago
What do bankers take into account when allocating their assets?
WITCHER [35]

When allocating their assets bankers take into account their reserve equipment. Property, plant and equipment is initially measured at its cost, sub­se­quently measured either using a cost or reval­u­a­tion model, and de­pre­ci­ated.

8 0
3 years ago
Why is a hotel room a perishable product?
Anton [14]

E

Is the correct answer

7 0
3 years ago
Read 2 more answers
If the current price of a market basket of goods is $850, the current year GDP deflator is 170, and the base year price index is
Yuki888 [10]

Answer:

$500

Explanation:

DATA

The current price of the market basket of goods = $850

Current year GDP deflator                                      = 170

In order to find the GDP in real terms, we should amend the GDP deflates formula

<u>Formula</u>: GDP deflator = \frac{NominalGDP}{RealGDP} x 100

Lets put the values and amend the formula in order to find real GDP

170 = \frac{850}{RealGDP} x 100

Real GDP = $500

3 0
3 years ago
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