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Vikki [24]
2 years ago
8

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

Business
1 answer:
Ierofanga [76]2 years ago
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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A management professor discovers a way for corporate management to operate more efficiently. He publishes his findings in a jour
patriot [66]

A management professor discovers a way for corporate management to operate more efficiently. He publishes his findings in a journal. His findings are common, but not proprietary, knowledge. Corporate management is a crucial component of running a business. It outlines the hierarchy of leadership positions.

The procedure for employees to follow when reporting to their superiors, and the method for rewarding employees for their efforts. Your team can thrive by comprehending corporate management and its function within a business or organization. In this article, we go through the definition and many forms of corporate management.

The stages involved in formulating a plan and advice for developing your own management style. Planning, directing, coordinating, and controlling a company's operations are all part of corporate management.

To learn more about corporate management, click here

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7 0
2 years ago
Le Place has sales of $439,000, depreciation of $32,000, and net working capital of $56,000. The firm has a tax rate of 34 perce
Dennis_Churaev [7]

Answer:

Explanation:

Sales$439,000

Profit Margin = 6% x $439,000 = $26,340

Tax liability = 34% x $26,340 = $8,956.

Cash flow from operations:

Net income $26,340

Add depreciation $32,000

Deduct net working capital changes -$56,000

Deduct tax liability $8,956

Cash flow from operating activities -$6,616

5 0
3 years ago
Presented below is information related to Windsor Company.
zysi [14]

Answer:

Date    Account Titles            Debit         Credit

Oct 1    Cash                          $16,800

                 Common Stock                      $16,800

Oct 2    No journal entry             -                  -

Oct 3    Office Furniture         $2,500

                  Accounts Payable                  $2,500

Oct 6.   Accounts Receivable  $3, 400

                   Service Revenue                   $3,400

Oct 27   Accounts Payable       $1,100

                    Cash                                      $1,100

Oct 30   Salaries Expense       $2,650

                    Cash                                      $2,650

7 0
3 years ago
1. A metal box of weigh 20 N rests on its 1 m by 0.6m side on floor. How
BARSIC [14]

answer:

explanation: Pressure = force / area

P = 20/ 1×0.6

P = 20/0.6

P = 33,33 N/m^2

4 0
3 years ago
Consider Pacific Energy Company and U.S. Bluechips, Inc., both of which reported earnings of $967,000. Without new projects, bot
kirill115 [55]

Answer and Explanation:

The computation is shown below:

a. Current PE ratio is

For Pacific energy company

= Price ÷ Earnings

= ($967,000 ÷ 0.13) ÷ ($967,000)

= 7.69 times

For U.S Bluechips

= Price ÷ Earnings

= ($967,000 ÷ 0.13) ÷ ($967,000)

= 7.69 times

b. The new PE ratio is

= Price ÷ Earnings

= (($967,000 + $117,000) ÷ 0.13) ÷ ($967,000)

= 8.62 times

c. The new PE ratio is

= Price ÷ Earnings

= (($967,000 + $217,000) ÷ 0.13) ÷ ($967,000)

= 9.42 times

6 0
2 years ago
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