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daser333 [38]
3 years ago
14

What is home equity?

Business
2 answers:
mariarad [96]3 years ago
5 0

Answer:

A proportion of your property that you truly own.

Explanation:

Home equity is a homeowner's interest in a home. It can increase over time if the property value increases or the mortgage loan balance is paid down.Put another way, home equity is the portion of your property that you truly “own.” You're certainly considered to own your home, but if you borrowed money to buy it, your lender also has an interest in it until you pay off the loan.

Btw I found this in a website

Hope this helps

astra-53 [7]3 years ago
4 0

Answer:

A home equity is the total value of your home, having discounted all debts the house owns.

<u>This value may increase</u> depending on the economy of a country, the demand that exists, any remodeling or arrangement that the owner makes in his house, etc.

<u>It can also decrease</u> if the economy of a country is bad or has little demand, or the house is damaged, mortgaged, etc.

If your house is mortgaged and you would like to sell it, then the home equity will be less than if it were not.

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Once hired, a candidate will enter a 12- to 18-month period during which supervisors and mentors observe their performance to se
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Probationary period

Explanation:

A probation is a period to see if a new hire (or new promoted worker) is suitable for their job or not. The person also can see if they like the new career or not. Depending on the company, the probation normally takes between 3 and 6 months.

The probationary period of the worker may be increased under some conditions. Extensions may be caused by a shift of duty or oversight leave took during the probationary period, etc.

Employment at will implies that an individual can be remitted without notice for any cause, unless the reason has been unlawful. Probationary periods for workers may be disadvantageous.

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3 years ago
sales forecasts . multiple select question. should not be used for audit decisions help auditors understand management's strateg
Anna [14]

Sales forecasts <u>help auditors understand </u><u>management's strategy</u>

<u>can be used in valuing </u><u>inventory</u>

<u />

What are sales forecasts?

A sales forecast is an indication of predicted sales revenue. What your business expects to sell during a specific time period is estimated by a sales forecast (like a quarter or year). The most accurate sales projections do this. By providing knowledge of the probable behavior of your most valued clients, sales forecasting aids in achieving this revenue efficiency. In addition to enhancing pricing, advertising, and product development, you may forecast future sales. The ability of your business to predict future revenues across particular time periods in order to better manage resources is one of the benefits of sales forecasting.

To learn more about sales forecast click on the given link:

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1 year ago
Zhao Co. has fixed costs of $286,200. Its single product sells for $163 per unit, and variable costs are $110 per unit. Compute
tia_tia [17]

Answer:

The level of sales in units is 7,400

Explanation:

The computation of the level of sales in units is shown below:

= (Fixed cost + target income) ÷ (Contribution margin per unit)

= ($286,200 + $106,000) ÷ ($163 per unit - $110 per unit)

= $392,200 ÷ $53 per unit

= 7,400 units

The Contribution margin per unit is

= Selling price per unit - variable cost per unit

Henec, the level of sales in units is 7,400

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3 years ago
VF Corporation, maker of North Face and other popular "lifestyle" apparel brands, split itself into two separate organizations i
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The VF Corporation splits itself into two separate organizations in order to rank the performance prospects of the businesses from best to worst and determine what the corporate parent's priorities should be.

<h3 /><h3>VF Corporation</h3>
  • VF Corporation is one of the world's biggest clothing, footwear and embellishments organizations interfacing individuals with the ways of life, exercises, and encounters they esteem most through a group of notable open-air, dynamic, and workwear brands.
  • One of the World's Most Ethical Companies in 2022, and a global leader in defining and raising the norms of ethical business operations.

<h3>Why did VF Corporation decide to split?</h3>
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Hence, In order to analyze the performance prospects of the businesses from best to worst and establish what the corporate parent's priority should be, the VF Corporation divides itself into two distinct groups.

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