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Elenna [48]
3 years ago
13

Select the list that has the steps of the closing process in the right order. a. Do final walk-through Purchase homeowners insur

ance Sign closing documents b. Apply for mortgage Apply for mortgage Do final walk-through Sign closing documents Purchase homeowners insurance 3. Apply for mortgage Purchase homeowners insurance Do final walk-through Sign closing documents
Business
1 answer:
iren2701 [21]3 years ago
7 0

Answer:

The correct answer is letter (3): Apply for mortgage; Purchase homeowners insurance; Do final walk-through; Sign closing documents.

Explanation:

The home closing process starts as soon as the buyer signs the contract with a real estate agent. In such a case, the buyer has had to apply and be accepted for a <em>mortgage </em>to cover the expenses of the property. Lenders require buyers to present <em>homeowners' insurance</em> which apart from being a requirement is important for the buyer and the financing entity.

Then, buyers must do a <em>final walk-through</em> of the home before they take possession of it to make sure it is in the conditions sellers offered. Finally, <em>additional documents </em>are signed such as a homestead declaration that registers the property with the federal and state government.

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Josh's weekly budget for lunch is $24. He eats only pizza and burgers. Each pizza costs $6 and each burger costs $3. Josh knows
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Answer:

The answer is: Josh's utility maximizing point is when he buys 2 pizzas and 4 burgers.

Explanation:

If Josh gets equal marginal utility per dollar spent when buying one pizza and 2 burgers, that means that every pizza and every burger give Josh 10.67 utility unit per dollar spent. So Josh can obtain maximum 16 units of utility with his budget and his purchasing options (= $24 x 0.67 units of utility per dollar). The way he can maximize his utility is by buying two packs of one pizza and two burgers per pack, since every pack will give him 8 units of utility.

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4 years ago
. Tierney Enterprises is constructing its cash budget. Its budgeted monthly sales are $5,000, and they are constant from month t
mel-nik [20]

Answer:

b.$1,150

Explanation:

Sales Collection   $5,000*.98                      $4,900

Payment of purchases  $5,000*50%            ($2,500)

Other payments            $5,000*25%             ($1,250)

Net Cash flow during a typical month             $1,150      

3 0
3 years ago
Dane is a stockholder in smallworld, inc., a c corporation that manufactures amusement park rides. the company recently lost a m
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Dane and the other stockholders will lose their investments but nothing else. Because Dane and others are stockholders in this company, they will lose the money that they had invested in the company and they will no longer receive any dividend from the company again because the company has gone bankrupt. Dane and others are not liable for other debts that had been acquired by the company. 
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3 years ago
Now suppose that Rowe has an argument with her husband and wants to withdraw, and what effect would it have on the LLC?
ratelena [41]

A limited liability business enterprise (LLC) is a business structure allowed with the aid of state statutes. every nation might also use exclusive guidelines, you should check with your nation if you are interested in beginning a constrained legal responsibility enterprise. proprietors of an LLC are called contributors

The nation of Oklahoma, like almost every different nation, has an agency earnings tax. In Oklahoma, the corporate tax is a flat 6% of Oklahoma taxable profits. if your LLC is taxed as an employer you may need to pay this tax. The kingdom's company income tax goes back (shape 512) and is filed with the Oklahoma Tax fee.

To begin an Oklahoma LLC you may want to record the Articles of a corporation with the Oklahoma Secretary of state, which costs $one hundred. you could practice online, by way of mail, or in character. The Articles of the corporation is the felony record that officially creates your Oklahoma limited legal responsibility employer.3 days in the past.

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4 0
1 year ago
Which factors may influence a company's choice of inventory cost flow assumption?
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inventory cost flow assumption influence by tax implications of choice ,financial statement effect, actual physical flow of inventory.

<h3>What Is Cost Flow?</h3>

The way or channel that costs move through a company is referred to as the flow of costs. The flow of costs typically pertains to manufacturing businesses where accountants are required to quantify expenses associated with raw materials, work in progress, finished goods inventory, and cost of goods sold.

Four commonly acknowledged methods—specific cost, average cost, first-in, first-out (FIFO), and last-in, first-out—are available for allocating expenses to ending inventory and cost of goods sold (LIFO).

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