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3 years ago

What 3 documents are necessary during home buyer prequalification

1 answer:

3 0

I know you need income statements, tax returns, and a credit check. I just went through this. First, they run your credit with a "soft pull". Then they request income verification to figure out your debt to income ratio and what you can afford/qualify for. Then they want to see your tax returns to prove that income, and how long you've had it.

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On January 1, 2019, Shay Company issues $400,000 of 10%, 12-year bonds. The bonds sell for $391,000. Six years later, on January

noname [10]

Answer:

$9,000

Explanation:

The computation of the amount of the discount on the bonds at issuance is shown below:

= Par value of the bond - issued price of the bond

= $400,000 - $391,000

= $9,000

By deducting the issued price of the bond from the par value of the bond we can get the discount amount on issuance of the bond and the same is applied above

4 0

3 years ago

If nominal GDP is $900 billion and, on average, each dollar is spent six times in the economy over a year, then the quantity of

NeTakaya

Answer:

Option B (150) is the correct answer.

Explanation:

Given:

Nominal GDP,

= $900

Money velocity,

= 6

As we know,

⇒ $Nominal \ GDP=Quantity \ of \ demanded \ money\times Money \ velocity$

By putting the vales, we get

⇒ $900=Quantity\times 6$

⇒ $Quantity=\frac{900}{6}$

⇒ $=150$

7 0

3 years ago

What is unemployment insurance fund

MArishka [77]

Salutations!

What is unemployment insurance fund?

Unemployment insurance fund is a short term holiday, or consolation where workers do not work due to personal issues, such as: illness, family cases etc.

Hope I helped :D

3 0

3 years ago

Traditional savings account typical minimum balance

Gwar [14]

Answer:

click the image

Explanation:

I hope it help.

4 0

3 years ago

In July 2012, a small chocolate factory receives a large order for chocolate bars to be delivered in November. The spot price fo

Anettt [7]

Answer:

$24,530, $23,530

Explanation:

Incomplete word "and if the spot price in September proves to be $2,300."

Note that Call options will be exercised only if the price on expiry is greater than strike price

Strike price = $2400

Premium paid = $53 for each contract, so the total premium paid = $530 for 10 contracts

CASE 1

Price = $2600

As price on expiry=2600 > Strike price=2400

Call option will be exercised.

Company will pay = $2400 * 10+530 = $24,530

CASE 2

Price = $2300

As price on expiry=2300 < Strike price=2400

Call option will not be exercised and will purchase from open market

Company will pay = $2300 * 10+530 = $23,530

4 0

2 years ago