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4 years ago

A home equity loan can be risky because the lender can foreclose if you don’t make your payments. True or False

1 answer:

5 0

Answer: A home equity loan can be risky because the lender can foreclose if you don’t make your payments. The following statement is true.

But the foreclosure depends on the value of your home. Defaulting on a home equity loan could result in a foreclosure. The home equity lender does depends on the value of your home. If you have equity in your home, your lender is more likely to start foreclosure, since it has a seemingly great chances of recovering some of its money. The more equity, the more likely your lender will choose to foreclose.

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The manufacturing process used to make a wide variety of highly customized products typically in small quantities as small as on

pochemuha

Answer:

"Job Shop" would be the appropriate solution.

Explanation:

A workshop seems to be a small enterprise or organization that makes unique items within one person at the same time. It is a production unit that deals in tailor-made including custom-built components in limited amounts.
Under that same production or manufacturing economy, a large number of products are manufactured with smaller quantities requiring a remarkable setup as well as production measures.

4 0

3 years ago

Tanner Service Company reported an annual sales revenue of $560,000 in 2019. During the year, accounts receivable decreased from

otez555 [7]

Answer:

$563,700

Explanation:

Calculation of cash is as seen below.

Sales revenue. $560,000

Add: Decrease in accounts receivable ($22,500 - $18,800) $3,700

Cash received from customers. $563,700.

Note: other information given in the question are not relevant for the computation of cash received from customers for the year.

Therefore, cash received from customers for the year is $563,700

4 0

3 years ago

Information: You are employed as a network consultant at Network Design Consultants. Your company consists of 15 consultants who

Mkey [24]

The first step in the design process is to find out as much as you can about the organization.

It is not possible to design something for a company if you do not know what will work for the company and what will not.

This is why the first step in the design process is to find out as much as you can about the company in question which in this case is Harrison and Associates.

Some questions you can ask Harrison and Associates include:

their goals and visions
the sophistication of the computers they have and what it can take
the software their computers are capable of running
the type of security system and safeguards they will need

These will help you determine what kind of systems they need so that you can go about finding ways to satisfy these needs.

In conclusion, the first step of the design process is very important because that is where you find out exactly what the client wants so that you can do what you can.

Find out more at brainly.com/question/20859690.

5 0

3 years ago

A distribution from a corporation to a shareholder will only be treated as a dividend for tax purposes if the distribution is pa

Hatshy [7]

A..... True.........

6 0

4 years ago

Cascade Company was started on January 1, Year 1, when it acquired $151,000 cash from the owners. During Year 1, the company ear

erica [24]

Answer:

Cascade Company

Income statement for the year ended year 1

Sales Revenue $90,600

Less Expenses $62,000

Net Income $28,600

Cascade Company

Statement of changes in equity for the year ended year 1

Capital Retained Income Total

Beginning of the Year :

Opening Balance $151,000 $ 0 $151,000

During the Year :

Profit for the year - $28,600 $28,600

Dividends paid - ($13,000) ($13,000)

Total $151,000 $15,600 $166,600

Cascade Company

Balance Sheet as at year 1

ASSETS

Cash ($151,000 + $90,600 - $62,000 - $13,000) $166,600

Total Assets $166,600

EQUITY AND LIABILITIES

Equity $166,600

Total Equity and Liabilities $166,600

Cascade Company

Statement of Cashflow for the year ended year 1

Cash flow from Operating Activities

Cash receipts from customers $90,600

Cash payments to suppliers and employees ($62,000)

Net Cash from Operating Activities $28,600

Cash flow from Investing Activities

No Investment activities

Net Cash from Investing Activities $0

Cash flow from financing Activities

Capital Invested $151,000

Dividends Distributions ($13,000)

Net Cash from Investing Activities $138,000

Movement during the year $166,600

Beginning Cash and Cash Equivalents $0

Ending Cash and Cash Equivalents $166,600

Explanation:

The income statement, statement of changes in equity, balance sheet, and statement of cash flows for Cascade Company have been prepared above.

Note : Make sure to take note of the format and appropriate heading of each statement.

8 0

3 years ago