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2 years ago

A home mortgage is considered a secured loan because it is backed by __________.

1 answer:

8 0

<span>It is backed by collateral, and in this case since it is a home mortgage, the collateral is your home. That means that if you don't pay your loan monthly payments on time or don't pay them at all, then they can take your home away and you can end up on the streets. That's why it is secured, it is secured for the bank, not for you.</span>

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Which is the largest item in discretionary spending?

maks197457 [2]

Answer:

Defense, military spendings.

Explanation:

5 0

3 years ago

President obama announced a $100,000,000 humanitarian aid package to haiti to support its earthquake relief. england's parliamen

Julli [10]

Answer: The parliament is likely to allocate £ 1,23,93,800.62

We arrive at the answer as follows:

Amount allocated by President Obama $100,000,000

Amount England wants to contribute 20% of President Obama's allocation

Amount England wants to contribute in USD =

$0.2 * 100,000,000 = USD 2,00,00,000$

Exchange Rate $1. 61371/1 pound sterling

We can read the problem as if $1.61371 is equal to 1 pound sterling, how many pound sterlings are equal to $2,00,00,000?

Let number of pound sterlings be x

So, $\frac{1.61371}{1}= \frac{100000000}{x}$

$x = \frac{100000000}{1.61731}$

$x = 1,23,93,800.62$

3 0

3 years ago

EFG Transportation Company uses the straight-line method to depreciate its delivery truck. Which of the following reflects how r

Stells [14]

Answer:

C.− NA −NA + −NA

Explanation:

As we know that

The depreciation expense is a non cash expense which is to be charged every year and shown in the income statement

Plus it also reduced the value of the asset and stockholder equity as a retained earning but at the same time it increases the expenses due to which the net income reduced and it does not have any impact on the cash flow statements

Hence, the appropriate option is c.

4 0

3 years ago

Money invested in a business by either the owner or investors is called:

yanalaym [24]

1)D, i think...
2)B, i think... not sure

3 0

2 years ago

You use u.s. currency to pay the owner of a restaurant for a delicious meal. the currency

I am Lyosha [343]

b. has intrinsic value. the exchange is an example of barter. is your best answer.

Intrinsic value is the value of a given item without market value. Pretty much no matter what the market value is (stock), the item's price will not change.

6 0

3 years ago