1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
enot [183]
3 years ago
5

When a lender requires tax and/or insurance amounts to be deposited with the lender by placing the monies in an escrow account,

a "Budget Mortgage or Deed of Trust" occurs. These escrow accounts may also be referred to as what?
Business
1 answer:
valina [46]3 years ago
3 0

Answer:

The correct answer to the following question is impound or reserve accounts.

Explanation:

Here the escrow account would also be know as impound or reserve account   , and in this account  a person would be required to put funds in this account ( given the person has made a minimum down payment) . Here the funds belong to the person but the lender would use this funds to make payments on property taxes, homeowner's or mortgage insurance.

You might be interested in
The cash flows from operating activities are reported by the direct method on the statement of cash flows. Determine the followi
kow [346]

Answer:

The answer is $801,900

Explanation:

Cash received from customers is a line item under operating activities in the cash flow. It is the total amount of money collected from customers for the period.

Cash received from customers equals sales plus decrease in accounts receivable.

Sales = $753,500

Decrease in accounts receivable = $48,400.

Therefore, Cash received from customers = $753,500 + $48,400

$801,900

8 0
3 years ago
Employees at Diving Swallow Custom Tattoo in Oakland, California, practice an age-old art. They may use electric equipment today
fiasKO [112]

Answer:

1. Dynamic

2. Number of factors that are changing

3. Complex

4. Pace of change

5. Abundant

6. Low

7. Easy

3 0
3 years ago
You are the president of a toy manufacturing company that has recently discovered its bendable action figures break too easily.
Alika [10]

Answer:

Proofread for punctuation errors (it's a must!!), Jot down reasons that explain the bad news (I think), Organize your ideas (I think)

Explanation:

I think: Jotting down the reasoning helps/support the information (specifically) the bad news. Organizing your ideas helps to keep everything you write on track and ideas you want to mention always start from check-point A to check-point B and so forth.... (It's my thoughts of an answer)

8 0
4 years ago
When recording inflow and outflow of cash flow statements it is important to
Nastasia [14]

Answer: Cash inflows include the transfer of funds to a company from another party as a result of core operations, investments or financing. Such cash inflows include payments to the company by customers and banks and the contribution of equity by investors who purchase the company’s stock or partial ownership in a company.

Cash outflows include the transfer of funds by a company to another party. Such cash outflows include payments to business partners including employees, suppliers or creditors. Cash outflows also occur when long-term assets are acquired, investments are purchased, or settlements and expenses are paid.

7 0
3 years ago
7. Choose if the product is a Good, a Service, or Both.
Papessa [141]

Answer:

1 buying a bicycle it's a good

2 getting a back message it's a service

3 getting the plumbing fixed in your house it's a service

4 use of a smartphone app it's a service

5 buying a new Ac unit for your house it's a service

6 buying a hamburger it's a good

7 getting your taxes completed by a tax firm it's both

5 0
3 years ago
Other questions:
  • True or False: Cell phone chargers are considered hazmat products and cannot be stowed with items like books
    5·1 answer
  • Fortune Company's direct materials budget shows the following cost of materials to be purchased for the coming three months: Jan
    6·1 answer
  • What do economists use to describe the amount of good?
    9·1 answer
  • Which one of these car loan terms is too long to pay for a car lo<br> Term-36,48,60 and 72
    13·1 answer
  • Assume that you are nearing graduation and that you have applied for a job with a local bank. As part of the bank's evaluation p
    12·1 answer
  • During its first year of operations, Mack's Plumbing Supply Co. had sales of $3,250,000, wrote off $27,800 of accounts as uncoll
    10·1 answer
  • A project's break-even occupancy level is determined by: _______________
    11·1 answer
  • What is Walmart's cash ratio for the year of 2018 (round it to 3 numbers after the decimal point -&gt; 0.112)
    13·1 answer
  • Suppose that a week after Vollmer gave Lang the funds, she sent him an e-mail containing the terms of their loan agreement with
    12·1 answer
  • Suppose a small nation produces 2,000 bikes each year, each bike costs $75. The money supply for the nation is 3,000 one-dollar
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!