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larisa [96]
3 years ago
9

The Smiths are purchasing a completely furnished cottage on a lake. They have obtained a deed of trust loan to cover the price o

f the property, including all furnishings and appliances. This type of financing is called a(n):____________
Business
1 answer:
Pachacha [2.7K]3 years ago
8 0

The type of financing that includes the purchasing of furnished cottage on a lake with the full deed is called as a package deed of trust

Explanation:

Package deed of trust will involve the third party and they will serve as the trustee in between the lender and the borrower and the property will be in the hands of the trustee until the lender pay off the the loan

This will transferred with the legal property and they will hold the security loan and it will be made equitable and the title will remain with the borrower until they pay of the money

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Answer:

<u><em>FALSE</em></u>

Explanation:

Remember, total asset turnover is calculated using a ratio that measures how the management was able to use its assets to efficiently increase sales. Usually the total asset turnover is gotten by dividing a<em> company's sales </em>by its <em>total assets.</em>

<em />

To increase sales, management should <em>continue</em> to use its existing assets (not making purchase of any new asset), and at the same time reducing their purchases of inventory.

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3 years ago
Nike, Inc.reported the following plant assets and intangible assets for the year ended May 31, 2022 (in millions): other plant a
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Answer:

Explanation:

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3 years ago
On January​ 1, 2024, Tyson Manufacturing Company purchased a machine for $41,100,000. ​Tyson's management expects to use the mac
denis23 [38]

Answer:

Annual depreciation= $5,865,714.29

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3 years ago
Greenbelt Construction has been a successful small home-building firm for years. The owner pays subcontractors slightly more tha
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3 years ago
In 2019, Brazil's trade deficit as share of GDP widened. In that year, government deficit as share of GDP declined and investmen
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