Answer:
Maximum 80% of the House value.
Explanation:
You can have maximum 80% of your Home value as home equity loan.For example If your house is values at $300,000 then you can only have maximum amount of $240,000 as your home equity Loan. If you already had $100,000 of home loan then now you can have additional $140,000 home loan.
Answer:
$6,000
Explanation:
When a company makes sales on account, debit accounts receivable and credit sales. Based on assessment, some or all of the receivables may be uncollectible.
To account for this, debit bad debit expense and credit allowance for doubtful debt. Should the debt become uncollectible (i.e go bad), debit allowance for doubtful debt and credit accounts receivable.
Since the Allowance for Doubtful Accounts has a credit balance of $1,200 before adjustment at December 31, 2016, the additional amount to be allowed
= $7200 - $1200
= $6000
This will be posted as
Debit Bad debt expense $6000
Credit Allowance for doubtful debt $6000
A clear expression of a firm's Organizational purpose will detail why an organization exists, what problems it wishes to solve, and who it wants to be to every person it touches through its work.
<h3>What is a firms organizational purpose?</h3>
This is a terminology that is used to refer to the objectives of the firm as well as the goals and what it hopes to achieve.
It helps to highlight the problems in the society that it wishes to solve and all of its goals.
Read more on Organizational purpose here
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Answer:
The answer is A. as the required rate of return increases
Explanation:
Net present value (NPV) is that the difference between the today's value of future cashflow inflows and also the present value of future outflows.
Required rate of return is the expected return or compensation investors are expecting from their invested money or fund.
If what the investors are expecting from their investment are much, this will decrease the net present value of the project and if it is lower it will increase the net present value of the investment because lower rate will be use to discount the future cash flows.
The correct option is D.
The scrum master refers to the facilitator for an agile development team. His major responsibility is to manage the process of information exchange. All the responsibility listed above are the ways by which a scrum master can facilitate communication between the development team and the product owner.<span />