1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Likurg_2 [28]
3 years ago
7

Which programs helped people refinance their mortgages at lower interest rates so as to avoid bankruptcy?

Business
2 answers:
Grace [21]3 years ago
8 0

<span>Home Owners Loan Corporation program helped people refinance their mortgages at lower interest rates so as to avoid bankruptcy. This program is created under the administration of Franklin D. Roosevelt. The main task of this federal agency is to refinance mortgages at home that have a risk of closure because of the downfall of industrial housing. The Home Owners Loan Corporation (HOLC) buy mortgages that are old from banks with bonds from the government which is funded by the capital market and treasury department.</span>

ElenaW [278]3 years ago
7 0
The federal home loan bank act program helped <span>people refinance their mortgages at lower interest rates so as to avoid bankruptcy.

When you refinance your home, you are able to stretchy out the payments for more years again which allows for easier payments to be made. Most who struggle, can't afford the dollar amount they are supposed to be paying and now can afford it much easier. </span>
You might be interested in
Which of the following 2 goods would most likely experience the law of increasing opportunity cost?
inn [45]
The correct answer would be A
8 0
3 years ago
Read 2 more answers
Cash $ 14,000 Accounts payable $ 42,000 Receivables 70,000 Other current liabilities 28,000 Inventories 210,000 Total CL $ 70,00
Tcecarenko [31]

Answer:

The ROE will increase by 7.69% to 14.29% from 7.5%

Explanation:

Current liabilities:

account payable 42,000

Other  28,000

Total Liabilities: 70,000

IF we want a current ratio of 2.3 then:

70,000 x 2.3 = 161,000 Current assets are needed.

Right now, the companny has 294,000 current assets so it will make inventories decrease by:

294,000 - 161,000 = 133,000

Then with that will purchase common stock:

280,000 - 133,000 = 147,000 common stock will be outstanding

The Return on equity will be:

21,000 / 147,000 = 0.142857 = 14.29%

While currently the ROE is:

21,000/280,000 = 0.075 = 7.5%

There will be an increase for: 14.29 - 7.5 =  6.79%

3 0
3 years ago
Klingon Widgets, Inc., purchased new cloaking machinery three years ago for $5.4 million. The machinery can be sold to the Romul
Semmy [17]

Answer:

a. $5,194,000

b. $7,715,000

Explanation:

a. Book Value of assets = Book value of fixed assets + book value of current assets

Book Value of assets = Book value of fixed assets + (Current Liabilities + Net working capital)

Book Value of assets = $4,200,000 + ($850,000 + $144,000)

Book Value of assets = $5,194,000

b. Sum of market value = $7,600,000 + ($965,000 - $850,000)

Sum of market value = $$7,600,000 + $115,000

Sum of market value = $7,715,000

8 0
3 years ago
At the beginning of the video, we learn that Rosalie’s sales numbers have declined. The Marketing Director, Product Development
Volgvan

Answer:

The answer is letter A. Environmental Scanning.

Explanation:

At the beginning of the video, we learn that Rosalie’s sales numbers have declined. The Marketing Director, Product Development lead, and Sales Manager proceed to engage in a broad discussion of the different factors that may have led this decline. They are engaging in a process known as _Environmental Scanning._______.

5 0
3 years ago
Which of the following two methods are typically used for initial screening of​ investments, rather than for​ detailed, in-depth
OLga [1]

Answer:

A. payback and accounting rate of return

Explanation:

  • The initial screen is a practice method of excluding the investments form the portfolio basis on the social environment and governance and the screening is mot applicable to the investments.
  • Such as the mutual funds and the privately co-mingled funds. A positive screening means to exclude the companies that are environmental friendly have a socially responsible business practice.
4 0
3 years ago
Other questions:
  • Managers who must be familiar with the equal employment opportunity commission regulations are __________ managers.
    11·1 answer
  • _____ syndication involves original shows, like inside edition and judge judy, which are produced specifically for the syndicati
    8·1 answer
  • Because there isn't one single measure of inflation, the government and researchers use a variety of methods to get the most bal
    13·1 answer
  • A customer tells you that they “must have” a particular item that you are out of in your store. You can tell that the customer i
    8·2 answers
  • Manufacturing overhead costs incurred for the month​ are: Utilities $ 39 comma 000 Depreciation on equipment $ 24 comma 000 Repa
    11·1 answer
  • At the beginning of the year (January 1), Buffalo Drilling has $10,000 of common stock outstanding and retained earnings of $7,2
    5·1 answer
  • Prior to recording adjusting entries, the Office Supplies account had a $372 debit balance. A physical count of the supplies sho
    15·1 answer
  • Hours of labor or number of workers are commons ways of measuring a comapany's?
    8·1 answer
  • Supercircuits is a decentralized company and has a required opportunity cost of capital of 15%. The home computer division, whos
    7·1 answer
  • What type of corporation sells millions of shares and must furnish complete information about its earnings, assets, and debts
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!