<span>A short-term mortgage in which small payments are made until the completion of the term, when the entire balance is due, is BALLOON MORTGAGE.
Balloon mortgage is a type of loan that needs to be paid in a lump sum or is repaid at the end of the loan period, in a single payment. Depending on the agreement between the borrower and the lender, this type of payment may be interest free. Interest may apply but is usually smaller than long-term loans.
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Answer:
The correct answer is $4.14 millions
Explanation:
The term profit margin represents what percentage of sales has turned into profits.
For example:
if the company reports that it achieved a 10% profit margin, it means that it had a net income of $0.10 for each dollar of sales generated.
"A company is a victim of a $414 million fraud"
$414 million x 10%= $4.14 millions
$4.14 million in additional revenue should the company generate in order to recover the effect on net income.
Communication abilities will help you persuade others and help them see your views clearly.
Hope this helps!
•Make sure she is financially able to cope if losses are made. Investing in stock markets are risky and the money she put in could be lost so she must make sure she has other savings so she doesn't go in debt/bankrupt.
•Research in order to make an informed choice. She could research types of assets, expert advice, and how the investment would be split.
Answer:
Profits = ₩10,000
Closing Capital = ₩40,000
Explanation:
Let's note down the given information at first.
- Opening capital = ₩30,000
- Worth of assests after 1 year = ₩50,000
- Liabilities = ₩10,000
Now,
Profits
= (Worth of assets after 1 year - Liabilities) - Opening capital
= (₩50,000 - ₩10,000) - ₩30,000
= ₩10,000
Next, let's find the closing capital
= Assets - Liabilities
Assets ₩50,000
Liabilities ₩10,000
Closing capital ₩40,000
