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3 years ago

Suppose the economies of China and India have begun to slow down very rapidly. Based on this scenario

Business

1 answer:

bazaltina [42]3 years ago

6 0

Answer:

The correct answer is C

Explanation:

Economies means the state of the region or the country in relation to the consumption and the production of the services and the goods and also the supply of the money.

If the economies of the India and the China, will be slow down, then the loanable funds as well as the interest rates will increase because the money for liquidity will be negligible which lead to competition among using the money for personal consumption or to delay the consumption through lending the money out.

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A mortgage in which you pay a fixed monthly payment for a specified number of years and then make a final large repayment of the

BlackZzzverrR [31]

Answer:

Balloon mortgage

Explanation:

The balloon mortgage type requires the borrower to repay the mortgage loan in lumpsum at the end of a specified period. These mortgage types are mostly short term, but maybe long-term in some instances. In balloon mortgage, the borrower may be required to be repaying interest only over the life of the mortgage. At maturity, the principal amount is repaid in a lump sum.

Balloon mortgage poses a great risk to lenders. Some lenders may charge a high-interest charge rate to cover for the risk. Balloon loans are suited to commercial construction firms. They come to develop houses and repay in a lump sum when they make sales.

3 0

4 years ago

At the beginning of the year, Gilles Company had total assets of $800,000 and total liabilities of $300,000. Answer the followin

pochemuha

Answer and Explanation:

Accounting equation is

Total assets = Total liabilities + Shareholder equity

The equity would be

= $800,000 - $300,000

= $500,000

a. The equity would be

Total assets = $800,000 + $150,000 = $950,000

Total liabilities = $300,000 -$60,000 = $240,000

So, the equity is

= $950,000 - $240,000

= $710,000

b. Total assets

Total liabilities = $300,000 + $100,000 = $400,000

Owner equity = $500,000 - $70,000 = $430,000

So, the total assets is

= $400,000 + $430,000

= $830,000

c. Total liabilities equal to

Total assets = $800,000 - $80,000 = $720,000

Total equity = $500,000 + $120,000 = $620,000

So, the total liabilities

= $720,000 - $620,000

= $100,000

3 0

4 years ago

Which of the following errors would cause the adjusted trial balance to be unequal? a. The adjustment for prepaid insurance was

zalisa [80]

Answer: Option (C) is correct.

Explanation:

There is a adjustment entry for depreciation of $3,545 but the amount that is debited as depreciation expense is different from the amount that is credited as accumulated depreciation.

Depreciation Expense A/C Dr. $3,454

To Accumulated Depreciation $3,545

This will lead to an unequal adjusted trial balance.

Option 'A' and 'B' has no effect on the adjusted trail balance to be unequal because whole transaction is omitted.

Option 'D' also has no effect on adjusted trail balance because the debit and credit amount will still match.

3 0

3 years ago

Keith was put on probation for a string of customer complaints about his poor service and professionalism. his supervisor was us

andrew-mc [135]

Answer: coercive

Explanation:

5 0

2 years ago

The Bert Corp. and Ernie, Inc., have both announced IPOs. You place an order for 1,150 shares of each IPO. One of the IPOs is un

Tems11 [23]

Answer:

The Bert Corp. and Ernie, Inc.

The profit expected is:

= $2,875.

Explanation:

a) Data and Calculations:

The Bert Corp. Ernie, Inc.

IPO order placed 1,150 shares 1,150 shares

Underpriced by $18.00

Overpriced by $6.50

Profited expected $10,350 -$7,475

Net profit = $2,875 ($10,350 - $7,475)

b) The profit expected is generated from the underpriced stock. This profit is reduced by the increased cost incurred on the over-priced stock. Therefore, the net profit is the difference between the profit and the additional cost incurred.

8 0

3 years ago