Answer: The mortgagor
Explanation:
If the amount realized at a Sheriff's sale upon a delinquent mortgage is more than the indebtedness, the excess belongs to the mortgagor.
It should be noted that the mortgagor is the borrower, therefore he or she is the person that is entitled to the excess received upon the sake of the asset.
Answer:
$2,375
Explanation:
Calculation to determine what amount related to the insurance should be reported as a deferred income tax liability
Using this formula
Deferred income tax liability=Accrual-basis income statement* Tax rate
Let plug in the formula
Deferred income tax liability=$9,500*25%
Deferred income tax liability = $2,375
Therefore The amount that is related to the insurance that should be reported as a deferred income tax liability is $2,375
<span>The money Suzie needed is $388,683.83.
To calculate this we use the following formula;
= 42,000 ×((1 - (1 / (1 + .0975)</span>²⁵))<span> / .0975
=42000 x (1 - (1/10.2355980492) / 0.0975
=42000 x (1 - 0.0976982483) / 0.0975
=42000 x (0.9023017517) / 0.0975
=37896.6735714 / 0.0975
= $388,683.83150153
= $388,683.83</span>
Explanation:
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Answer with Explanation:
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There are number of descriptive terms that can shed light on the behaviour and background of the person.