You have to complete a " Mortgage Application", the application will usually ask for a credit report, any credit accounts, amount of income, available funds, credit card balances, and a price range. Once a lender has reviewed your application he/she will decide rather to approve or disapprove your application. If your application is approved you will need to make a down payment. A borrower with good/excellent credit is more likely to be approved for a mortgage. Interest rates will determine how much you will pay monthly. Interest rates can also change while the loan application is being reviewed and processed by the lender.
Answer:
The company’s profit margin for the current year ended December 31 (rounded to the nearest decimal point) is 20%
Explanation:
Use the following formula to calculate the Profit Margin
Profit Margin = 
Where
Net Income = $20,000
Net Sales = $100,000
Placing values in the formula
Profit Margin = 
Profit Margin = 0.2 x 100
Profit Margin = 20%
The answer is D. Operating, investing, and financing
Answer:
b.) While some job loss may occur as a result of automation, the potential for job creation exists
Explanation:
Automation is the process by which a the production process that is usually managed by people becomes mechanised.
The control and monitoring functions that people usually do is now transferred to automatic devices.
While this will cause some job loss as a result of lack of skill to operate the new machines, it will also result in an avenue for fresh employment.
Employees can acquire the required skill to operate the machines that are now used in the production process.
