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patriot [66]
3 years ago
9

Lenders consider loans made with a down payment to have less risk because the down payment gives the borrower some equity, or ow

nership, right away. Down payments are typically in the form of cash.
Think about a time in your life when you wanted or needed to prove that you were invested in something—possibly a project, a team, or even a friendship. In what way did you show your commitment and ownership? How was that similar to the way a down payment is used in a lender-borrower relationship?
Business
2 answers:
antiseptic1488 [7]3 years ago
7 0

Answer:

When we invest ourselves into a project or a team, its our expertise and skills that we put in that project etc, works as Downpayment for it. When it comes to relation other than professional relationship like friendship then its our loyalty, behavior and understanding with that person that makes him/her reliant on us.

Explanation:

stira [4]3 years ago
6 0

<u>Answer:</u>

A down payment is a kind of installment made in real money during the beginning of the acquisition of a costly decent or administration. The installment speaks to a level of the full price tag; at times, it is not refundable if the arrangement falls through due to the buyer. Mostly, the buyer makes financing game plans to cover the rest of the sum owed to the merchant.

Calculating a down payment is frequently a confusing undertaking. There are a few territories where more careful thought than others are is required. Initial installments additionally offer loan specialists a specific level of affirmation.

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What assumptions about the economy must be true for the invisible hand to work? to what extent are those assumptions valid in th
sleet_krkn [62]
<span>The main assumption that has to be true for Adam Smith's theories to be valid is that everyone is acting in a way that most benefits them and nobody else. Since resources are seen as limited, people are thought to act in ways that most benefit them and nobody else. These assumptions might be valid in many cases, but the concept of charity shows that they are not always the case, and the invisible hand might be guiding people at times, but not always.</span>
3 0
3 years ago
Read 2 more answers
Sneed Corporation issues 9,700 shares of $49 par preferred stock for cash at $66 per share. The entry to record the transaction
NARA [144]

Answer:

a.Preferred Stock for $475,300

and Paid-In Capital in Excess of Par—Preferred Stock for $164,900.

Explanation:

The par value it's a minimum price that the company assigns to the issued shares only to be used in the accounting system but it's not related to market price.    

This par value will be shown as a separate value in the section of stockholders' equity, reported under the item Paid-in-Capital, the difference with the market price it's reported as Preferred Stock.    

Cash                                                                            $640.200  Debit  

Preferred Stock                                                     $475.300  Credit  

Paid-In Capital in Excess of Par—Preferred Stock  $164.900  Credit  

7 0
3 years ago
At December 31, 2021, Moonlight Bay Resorts had the following deferred income tax items: Deferred tax asset of $102 million rela
masha68 [24]

Answer:

Moonligh Bay Resorts will report a Non-current liability of $126 million

Explanation:

The question is to determine whether Moonlight Bay Resorts is to report an asset (current or non-current) or a liability (current or non-current) in its December 31st 2021 Balance Sheet

The step is to determine the classification of the items in the balance sheet

This is done as follows

Description                                                                           Amount ($)

Total Deferred Tax liability (168 million + 120 million)        288 million

(Deferred tax liabilities related to

both current and non-current assets)

Total Deferred tax asset (102 million + 60 million)              (162 million)

The net deferred tax liability                                               126 million

Since, under the International Financial Reporting Standards Deferred Tax Liability is a Non-current liability, it means <u>Moonligh Bay Resorts will report a Non-current liability of $126 million</u>

7 0
3 years ago
What term refers to the total compensation that an employee earns before their employer deducts taxes and withholdings?
NeX [460]

"Gross pay"

Gross pay is <em>before </em>taxes and withholdings, net pay (aka take-home pay) is what is left over <em>after </em>taxes/etc are taken out.

7 0
3 years ago
Read 2 more answers
Mattice Corporation is considering investing $720,000 in a project. The life of the project would be 11 years. The project would
lbvjy [14]

Answer:

The Project should be rejected.

The Net present value is lower than zero. Meaning the returns on the investment yields a loss, as we are not able to cover our initial investments.

Explanation:

The Present value of the inflow and outflow should be considered before deciding the viability of the project.

Using the Net Present Value approach, we will want to consider against the outflows and at a certain cost of capital/rate of return if this projects meets at least the minimum threshold of breaking even. At this point the net cash flow would be at least zero for the project to be accepted.

Kindly review the document attached for detailed workings.

3 0
3 years ago
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