<span>As there is no set of options given with the question, we'd go with one difference which is most conspicuous between the two types of countries. That difference is the standard of living and amenities in the incone range of the masses. In developing countries, people still have to give up on necessary amenities which are normal to have in developed countries.</span>
I would say it is most likely financial fraud. Hope this helped :-)
Answer:
The maximum number of shares is 5,000 shares
Explanation:
The computation of the maximum number of shares is shown below:
= Margin account amount ÷ initial margin deposit required ÷ current selling price per share
= $150,000 ÷ 0.60 ÷ $50 per share
= 5,000 shares
hence, the maximum number of shares is 5,000 shares
We simply applied the above formula so that accurate shares could come
Answer:
On December 31, Rent-A-Car should record revenue by the adjusting entry:
Debit Unearned revenue $3,300
Credit Revenue $3,300
Explanation:
Following the Accrual accounting - an accounting method that revenue or expenses are recorded when a transaction occurs rather than when payment is received or made.
A customer rents a vehicle for four months from Rent-A-Car on October 1, paying $4,400 ($1,100/month). On December 31, Rent-A-Car should record revenue by the adjusting entry:
Debit Unearned revenue $3,300
Credit Revenue $3,300
A borrower has applied for a loan from a mortgage company that intends to process the loan and then submit it to an investor for underwriting, closing, and funding. This borrower has applied with a "mortgage broker".
<h3>What is mortgage broker?</h3>
On behalf of their clients, mortgage brokers conduct loan options research and deal with lenders. Additionally, a broker may arrange all loan paperwork, obtain the buyer's credit reports, confirm their income and expenses, and more.
The roles of a mortgage broker are-
- To ensure that a borrower receives the best financing and the loan closes on schedule, a mortgage broker works with everyone involved in the lending process, including the real estate agent, underwriter, and closing agent.
- A broker may operate on their own or with a brokerage company. On behalf of their clients, mortgage brokers conduct loan options research and deal with lenders.
- A strong loan-pricing system that values a mortgage loan across multiple lenders at once is also available to many brokers, which speeds up and streamlines the process.
To know more about Mortgage brokers, here
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