Answer:
Secondary mortgage market
Explanation:
The secondary mortgage market is a market in which the loan related to the home and the services rights are purchased and sold between the lenders and the investors
here the transfer is to be done with respect to the mortgages that are previously existed between the investors
Therefore in the given case, it is the situation of the secondary mortgage market and hence, the same is to be considered
Answer:
<em>BUSINESS SOLUTIONS </em>
Retained or Accrued Earnings Statement
For Three Months Coincided On December 31, 2017
Retained earnings, October 1, 2017 $—
<em>Contribute:</em> Net earnings $22,425 with $22,425
<em>Fewer:</em> Allowance $(7,800)
Retained earnings, December 31, 2017
<em>= $14,625</em>
Answer:
D) It invests heavily in advertising and brand building.
Explanation:
One of the greatest step to take in establishing a strong presence in the market place is putting in great efforts towards innovative advertising and ensuring one's brand is built strong, that way, there is established trust and consumers will stay faithful to your brand.
Answer:
3.5 customers
Explanation:
The computation of the average number of customers in the system is shown below:
= (Arrival rate) ÷ (Service rate - arrival rate)
= (210 customers) ÷ (270 customers - 210 customers)
= (210 customers) ÷ (60 customer)
= 3.5 customers
We simply apply the average number of customers formula so that the correct value can come
All other information which is given is not relevant. Hence, ignored it
Answer:
$201,700
Explanation:
The budget production for May is 5000 units.
The total materials required for May will be no. of units multiplied by materials needed for each unit
=5000 x 3
=15000 pounds of materials
Materials required for June
=60% of (4400x 3)
= 60/100 x 13200
=7920 pounds of material
Total materials needed for May
= 15,000+7,920
=22,920 pounds
Purchases required will be
=22,920 - 2,750
=20170
Purchases in dollar value =20170 x $10
=$201,700
