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Artyom0805 [142]
3 years ago
13

In addition to providing home mortgages, large commercial banks have specialized in providing short-term funds to mortgage banki

ng companies in order to enable them to originate mortgage loans and hold the loans until the mortgage banking company can sell them in the secondary market. This type of financing is commonly referred to as___
Business
1 answer:
I am Lyosha [343]3 years ago
4 0

Answer:

warehousing

Explanation:Warehouse financing as a type of financing   is the process whereby manufacturers or producers  take loan and the collateral for the loan taken are their goods/ items. The collateral   which is the goods or commodities are held in high regards or trust by a third party  who serves as a trustee holds the goods on the lender's behalf. s. an approved agent can also be used.

Warehouse financing is importantly necessary as it provides manufacturers with better and favorable loan terms , cost effective and  an adequate repayment plan also as a merit to its use.

You might be interested in
Which one of the following will produce the highest present value interest factor? A. 6 percent interest for five years B. 6 per
disa [49]

Answer:

The correct answer is A

Explanation:

The formula to compute the present value interest factor using excel is as:

= 1/(1+r)^ n

where

r is the rate

n is number of years

So, in case of A,

The present value interest factor is:

= 1/(1+0.06)^5

= 0.74725

In case of B,

The present value interest factor is:

= 1/(1+0.06)^8

= 0.62741

In case of C,

The present value interest factor is:

= 1/(1+0.06)^10

= 0.55839

In case of D,

The present value interest factor is:

= 1/(1+0.08)^5

= 0.68058

In case of E,

The present value interest factor is:

= 1/(1+0.08)^10

= 0.46319

Therefore, it is highest in option A.

3 0
3 years ago
Disposable personal income is the income that a. households have left after paying taxes and non-tax payments to the government.
Margaret [11]

Answer:

The correct answer is letter "C": households and noncorporate businesses have left after paying taxes and non-tax payments to the government.

Explanation:

The disposable income is the money left by a person or organization after paying all taxes. Some deductions that can impact the amount of disposable income are deductions on jobs for such things as health insurance. The disposable income is the net amount earned in people's paychecks. for the government, disposable income is non-tax money.

7 0
3 years ago
Which of the following are possible amounts for the third check and the cash that cindy deposited
Neko [114]

$122.04 in cash and a $206.64 check will be the possible amounts for the third check and the cash that cindy deposited.

Any household member who possesses an SSN is eligible to receive a payment under the third check. This is distinct from the first and second stimulus payments, which required at least one tax filer to have an SSN in order for the household to be eligible to receive the checks. Your third stimulus check, like the first two, is basically merely an advance payment of the Recovery Rebate tax credit for the 2021 tax year. Therefore, it won't be counted toward your taxable income. Similar to the first and second stimulus checks, there are income requirements in order to get the entire payout. No minimum income is required to be eligible for the payment.

the complete question is:

Which of the following are possible amounts for the third check and the cash that Cindy deposited?

a. no cash and a $303.68 check

b. $140.50 in cash and a $267.14 check

c. $99.32 in cash and a $155.55 check

d. $122.04 in cash and a $205.64 check

learn more about Rebate tax credit here

brainly.com/question/20374653

#SPJ4

6 0
1 year ago
Home Appliances Co. wants to introduce a new digital display, laser driven iron to the market. The estimated unit sales price is
malfutka [58]

Answer:

<u>The target cost per iron= $83.25</u>

Explanation:

Profit Required = Required Investment * required rate of return

= $ 3,500,000*15%

= $ 525,000

Sales= 300000*85=$25,500,000.00

Less: profit required=$525,000.00

Cost= Sales- Profit

Cost=24,975,000.00

Per Unit Target Cost = Total Cost / Total Units

= $ 24,975,000/ 300,000

= $ 83.25

5 0
3 years ago
Last month, Korey's Comics had $4,350 in net sales with a gross profit of $3,320 and a net income of $1,850. Calculate Korey's g
nevsk [136]

Answer: 76.3%

Explanation: Gross profit margin is calculated by dividing the gross profit (difference between revenue and cost of goods sold) by revenue (Net sales). It could be expressed as a percentage by multiplying by 100.

Gross profit margin = (gross profit ÷ net sales) * 100

Gross profit = $3,320

Net sales = $4,350

Gross profit margin = ($3,320÷$4,350) * 100

0.763 * 100 = 76.3%

7 0
3 years ago
Read 2 more answers
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