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3 years ago

What do borrowers use to secure a mortgage loan?

Business

2 answers:

Sav [38]3 years ago

8 0

Answer:

C,D,and E

Explanation:

For a mortgage to be secure it needs to be backed up by a valuable asset such as your car your house or land.

mylen [45]3 years ago

6 0

Answer:

A. and B.

Explanation:

mortgage loans are given to individuals by a certified bank against their property. In order to secure this loan the bank requires a down payment from the individual looking for the loan as well as the individual's credit card information. This credit card will be charged the amount that the individual owes the bank on a monthly basis.

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At December 31, 2018, the financial statements of Hollingsworth Industries included the following: Net income for 2018 $ 590 mil

m_a_m_a [10]

Answer:

Basic EPS = $1.359 million

Diluted EPS = $1.195 million

Explanation:

For Basic EPS we need to calculate the number of shares outstanding

Shares as on Jan 1 = 450 million

Treasury shares on Sep 1 = 48 million × (4 months ÷ 12 months)

= 16 million

Number of shares o/s = Shares as on Jan 1 - Treasury shares on Sep 1

= 450 million - 16 million

= 434 million

Basic EPS = Net Income ÷ Number of shares o/s

= $590 million ÷ 434 million

= $1.359 million

For Diluted EPS,

Interest savings = 10% × $ 250 million

= $25 million

Adjusted Net Income = Net Income + After tax interest savings

= $590 million + [25 millions - 40(25million)]

= $590 million - $15 million

= $575 million

and weighted number of shares will include the bonds, that are convertible

Outstanding shares as computed = 434 million

Bond conversion Shares = 47 million

Total shares outstanding = Outstanding shares as computed + Bond conversion Shares

= 434 million + 47 million

= 481 million

Diluted EPS = Adjusted Net income ÷ Total shares outstanding

= $575 million ÷ 481 million

= $1.195 million

8 0

3 years ago

Real GDP ______. A. accurately measures leisure time and life expectancy comma but does not accurately measure the general heal

professor190 [17]

Answer:

Explanation:

Real GDP measure total economic output by an economy in a specific geographical boundary regardless of ownership of factors of production, within a year, ceteris paribus.

Real GDP is a good indicator but is not a perfect indicator as underground economy (private tuition whereby taxes and consumption of goods and services) are not accounted for.

Real GDP does not measure Non-Material standard of living like leisure hours, health and life expectancy... It needs other indicators.

Both B and D is a bit effy as:

For D, GDP does not even measure such Non-Material SOL

For B, GDP is not 100 percent accurate on measuring household production (local production? I believe there is no such phrasing as household production as by economics, household is involved in household spending, Contributing to Consumption expenditure in Aggregate Demand.) as there are other factors like presence of underground economy that is not accounted for.

However, B seems like the most accurate ans as it still measures national output.

5 0

3 years ago

The U.S. Department of Agriculture guarantees dairy producers that they will receive at least $1.00 per pound of butter they sup

Tamiku [17]

Answer:

a) he equilibrum quantity is 95 million pounds of butter and the equilbrum price is $1.20 per pound. At this level, both demand and supply is 95 million.

b) 0 or no surplus.

Explanation:

The question is in three parts

a) a. In the butter market, the monthly equilibrium quantity is million pounds and the equilibrium price is $ per pound

The equilibrum price and quantity refers to that point in sales where the quantity demanded = the quantity supplied.

Looking at the schedule, the equilibrum quantity is 95 million pounds of butter and the equilbrum price is $1.20 per pound. At this level, both demand and supply is 95 million.

b) What is the monthly surplus created in the wholesale butter market due to the price support (price floor) program?

First, what is the price floor fixed by the government = $1.00 per pound and at this rate, the demanded quantity is 101 million and the quantity supplied is 79 million pounds.

Hence, the monthly surplus = 79 million pounds - 101 million pounds = -22 million pounds

At this price, there is no surplus

7 0

3 years ago

A product sells for $5, and has unit variable costs of $3. This product accounts for $20,000 in annual sales, out of the firm's

Ronch [10]

Answer:

0.1333

Explanation:

Given that,

Selling price = $5

Variable cost = $3

Annual sales = $20,000

Total sales = $60,000

Contribution margin:

= Selling price - Variable cost

= $5 - $3

= $2

Number of units sold:

= Annual sales ÷ Selling price

= $20,000 ÷ $5

= 4,000 units

Total contribution sales:

= Number of units sold × Contribution margin per unit

= 4,000 units × $2

= $8,000

Weighted contribution:

= Total contribution sales ÷ Total sales

= $8,000 ÷ $60,000

= 0.1333

6 0

3 years ago

Information regarding income levels, education, occupations, and ethnic groups in your target market is call, a.secondary resear

enyata [817]

<span>b. product-base research i hope i help out</span><span />

3 0

3 years ago

Read 2 more answers