Answer:
commingling
Explanation:
The commingling refers to the combination of the money that belongs to the brokers with his clients
The conversion arises when a broker incurred any of the money or withdrawn any of the money
Here in the situation it is mentioned that the real estate broker sold the property for $2,000 and he immediately deposited in his own account
So this given example is of commingling
Its return on assets is 0.1025.
Given,
Income = $204 million
Average invested assets = $1,990 million
Return on assets = Net income / total assets
= $204 million / 1,990 million
=0.1025
Therefore, Return on asset is 0.1025.
Return on assets (ROA) is a measure of how efficiently a company uses the assets it owns to generate profits. Analysts, managers, and investors use Return on assets to evaluate a company's financial health.
Net income is what the business has left over after all its expenses, including salary and wages, cost of the goods or raw material and taxes.
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Answer: D. Kate's policy will pay $1,500, and John's policy will pay $250.
Explanation:
The deductible is the amount that a policy holder has to pay before the insurance company pays the remaining amount.
From the question, we are informed that John has an auto which is covered for collision losses subject to a $250 deductible while Kate's auto also has collision coverage but her deductible is $500.
If a $2,000 collision loss occurs when John borrows Kate's car because his car is in the shop for repairs, since John has a deductible of $500, Kates policy will pay ($2000 - $500) = $1500 and John's policy will pay $250.
Answer:
Documents Required for Mortgage Loan:
- consumer's credit score
- consumer's income statement
Documents Required to Close on a Home Purchase:
- transfer of title ownership
- mortgage loan agreement
Answer:
A. data mining
Explanation:
Data mining is a process which is used to understand a large sum of data and to extract critical and analytical information. It is a way to read the data in the best way possible to understand the pattern and information. It is used by organizations and firms to develop insight about customers, target market and marketing process.