Answer:
$60,000
Explanation:
Given:
Purchase price = $80,000
Old mortgage value = $65,000
Market value of house = $110,000
New mortgage value = $50,000
Equity in the house = ?
Computation of Equity in the house :
Equity in the house = Market value of house - New mortgage value
Equity in the house = $110,000 - $50,000
Equity in the house = $60,000
Of course not. Equal pay for equal work is a constant struggle for our society.
In a direct financing lease, the lessor's primary involvement in the lease is providing financing in exchange for Interest revenue
Interest revenue represents how much interest a company earned during a specific time period. This is interest earnings on any investments the business has or debts it has provided to an individual or other entity. Interest revenue appears on a company's income statement, so whatever the time period is on the income statement is the same period of time that the interest revenue is calculated from.
Both interest revenue and interest receivable amounts are the amount of interest a company has earned through certain transactions, partnerships and business dealings, but there are small differences between the two that can affect a company's balance sheets. You can consider any interest income that a company has earned to be interest revenue, whether or not the business has received the income.
Comparatively, interest receivable only refers to the interest income that a company has yet to receive from the customer, client or debtor who owes it. Instead, it's the interest the business expects to receive. Most companies record its interest receivable as a current asset on its balance sheet if it expects to receive the interest payment within the year.
Learn more about interest revenue here
brainly.com/question/17646081
#SPJ4
Answer:
low ball
Explanation:
From the question, we are informed about A dealer who persuades a customer to buy a new car by reducing the price to well below that of his competitors. Once the customer has agreed to buy the car, the terms of the sale are shifted by lowering the value of the trade-in and requiring the purchase of expensive extra equipment. Now the car costs well above the current market rate. In this case, This is an example of the low ball procedure. The low-balling procedure can be regarded as lpersuasion tactic whereby the seller offer will give an initial offer of goods/ service at a lower price than the expected price, so that the buyer can commit, after the commitment from buyer, the price will be suddenly increased. This technique is famous among salesmen as well as advertisers.
Answer:
a. is entitled to have the water body maintained in its natural state by other owners.
Explanation:
The Riparian law is usually applied the eastern states of the United States to determine who is legally allowed to use water.
Riparian law states that the owner of a property adjacent to a body of water has the right to use it.
The concept of natural flow states that each Riparian land owner can use water for domestic use and no more. If a owner uses it for other purposes, other Riparian owners can take legal action against them.
Each riparian land owner is supposed to use what they need for domestic purpose so that natural flow is maintained for other riparian users.