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2 years ago

Check all true statements regarding CMBS:

Business

2 answers:

Stolb23 [73]2 years ago

5 0

Answer: A and D only

Explanation:

CMBS Loan are also referred to as a Conduit Loan, this is a type of real estate loan usually commercial, which is secured by a first-position mortgage on a commercial property. These loans are usually packaged, and sold by a Conduit Lender, commercial banks, investment banks, and syndicates of banks.

Loans in a CMBS are always bigger so they are less in a CMBS deal. Sometimes it’s onlyone loan in a Single Asset (SA) CMBS deal

Prepayments are discouraged in CMBS through defeasance,prepayment penalties or yield maintenance fees.

Goshia [24]2 years ago

3 0

Answer:

a.CMBS have less exposure to prepayment risk than RMBS

d. The number of commercial mortgages in a CMBS deal are usually lower than the number of residential mortgage in a RMBS deal

Explanation:

Commercial Mortgage-Backed Securities (CMBS) as the name implies are mortgage backed securities that are secured with commercial mortgages while Residential Mortgage-Backed Securities (RMBS) are mortgage backed securities secured by residential property.

a) CMBS are based on mortgages which usually have a fixed term contract in place meaning that prepayment is less of a thing with CMBS than with RMBS so the former does indeed have a less exposure to prepayment risk than the latter.

d) This is indeed true because both packages have to look appealing to investors but can only use different amounts to reach the minimum threshold. This is because Commercial Mortgages pay more than Residential Mortgages so more RMBS have to be pulled together to form an attractive investment as opposed to CMBS. This is why the number in CMBS are usually less than that of RMBS.

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g An equity issue sold to the firm's existing stockholders is called a Group of answer choices private placement Rights offer ge

SVEN [57.7K]

Answer:

rights offer.

Explanation:

rights offer in equity can be regarded as invitation given to shareholders that are still existing in the firm so that they can purchase new shares, which is additional shares in the firm at a specific price which is usually at a particular time usually like 16 to 30 days. It should be noted that An equity issue sold to the firm's existing stockholders is called a rights offer

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3 years ago

River Falls Manufacturing uses a normal cost system and had the following data available for 2018: Direct materials purchased on

PtichkaEL [24]

Answer:

The ending balance of work-in-process inventory is $64,000

Explanation:

Opening Raw Material = $34,000

Opening WIP Inventory = $70,000

Opening Finished Goods Inventory = $55,000

Raw material purchased = $148,000

Raw materials requisitioned = $88,000

Closing Raw Material = Opening + Purchase - Requisitioned

= $34,000 + $148,000 - $88,000 = $94,000

Closing Finished Goods Inventory = Opening + Cost of goods produced - Cost of goods sold

= $55,000 + $299,000 - $250,000 = $104,000

Expense total incurred on goods entered for production = Material requisitioned + Labor cost incurred + Factory overhead

= $88,000 + $127,000 + $148,000 = $363,000

Out of which cost of completed goods = $299,000

Thus remaining is work in process = $363,000 - $299,000 = $64,000

That is Closing WIP Inventory = $64,000

Note: It is obvious that the expense of labor and overheads incurred in this period includes expense incurred to convert opening WIP in to finished goods and the balance is closing WIP.

The ending balance of work-in-process inventory is $64,000

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3 years ago

What can the publishing industry learn from the music industry?

damaskus [11]

Answer:

Simply and shortly, the only thing that the Publishing Industry can learn from the Music Industry is that you either Adapt or you Perish.

Explanation:

The music labels and record labels were reluctant to turn towards online platform based music stores and eventually when apple and the android released their iTunes and play store platforms just for the music, the whole industry business model changed and went online and the traditional music stores went to decline.

the online business model was not embraced by the traditional music stores and they paid the price for it.

Today, we see an increasing growth of E books and online publishing of books, journals, news papers, tabloids and magazines. The publishing industry will have adapt for this.

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3 years ago

Bartoletti Fabrication Corporation has a standard cost system in which it applies manufacturing overhead to products on the basi

vazorg [7]

Answer:

Total of the variable overhead rate and fixed manufacturing overhead budget variances for the month = $9,096 Unfavorable

Explanation:

Actual variable overhead rate = $\frac{Actual variable overhead}{Actual Hours}$ = $\frac{66,170}{6,400} = 10.34$

Therefore variance with the budgeted standard variable overhead

= (Standard Overhead rate - Actual overhead rate) $\times$ Actual Hours

= ($9.70 - $10.34) $\times$ 6,400 = -$4,096

And Fixed Overhead variance = Standard Fixed Overhead - Actual Fixed Overhead = $69,000 - $74,000 = -$5,000

Total of the variable overhead rate and fixed manufacturing overhead budget variances for the month = -$4,096 + -$5,000 = -$9,096

Since the value of variance is negative it means the expense both variable and fixed are over absorbed, which means it is unfavorable.

Total of the variable overhead rate and fixed manufacturing overhead budget variances for the month = $9,096 Unfavorable

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2 years ago

A gas tax imposed by some states in which those who use the roads more pay more to maintain them is based on the _____ principle

Volgvan

The principle that's illustrated by the gas tax is known as the benefit received principle.

It should be noted that a tax is a compulsory payment that generate revenue to the government.

In this case, a gas tax imposed by some states in which those who use the roads more pay more to maintain them is based on the benefits received principle.

Learn more about tax on:

brainly.com/question/25783927

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2 years ago