A similarity between mortgages and auto loans is that both

1 answer:

8 0

A similarity between mortgages and auto loans is that both are less risky for lenders.
Lenders are the ones who lend money to those who need it urgently, in the form of a mortgage, or perhaps an auto loan. This money is going to be repaid monthly, or in whatever way the contract stipulates. It is less risky for the lender because legally, this has to be repaid.

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During the month of January, Marcos & Henesey, Inc. had total manufacturing costs of $165,000. It incurred $62,000 of direct

adell [148]

Answer:

$68,800

Explanation:

Let the direct material used be X,

Direct Material + Direct Labor + Over Head = Total product cost

X + $62,000 + $40,000 = $165,000

X + $102,000 = $165,000

X = $165,000 - $102,000

X = $63,000 Materials Used

Raw Materials used = Beginning Inventory + Purchased - Ending Inventory

Raw Materials used = Beginning Inventory + Purchased - [Beginning Inventory + $5,800]

$63,000 = Beginning Inventory + Purchased - Beginning Inventory - $5,800

$63,000 = Purchased - $5,800

Purchased = $63,000 + $5,800

Purchases = $68,800

6 0

3 years ago

The offeror may _____ the offer at any time prior to acceptance.

ivanzaharov [21]

Answer:

The offeror may retract the offer at any time prior to acceptance.

Most likely the offeror was able to get a better deal somewhere else, which allows the offeror to retract the offer. However, if they had already made a deal, the offeror would have broken the deal, which may result in action.

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3 years ago

Approximately 80% of the population on madagascar consists of subsistence farmers who use a slash and burn technique called ____

crimeas [40]

Approximately 80% of the population on Madagascar consists of subsistence farmers who use a slash and burn technique called Tavy to clear forests. This traditional Malagasy farming method Taly is used to clear forest for farming land. The method involves setting vegetation alight after being cut down, creating potential land for rice cultivations.

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3 years ago

Jack recommends his new keurig coffee machine to his friend jill. jill buys her own keurig and loves it - studies show that she

Elza [17]

The effect that could be called to the given scenario above is the referral marketing. The referral marketing is a way of being able to promote products to customers, specifically new, with the use of referrals. It could be seen above as after Jack recommended it to Jill, Jill will now refer the product that she loves to another person that could be a potential new customer.

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3 years ago

18. . Other things the same, if the U.S. price level falls, then a. U.S. residents want to buy more foreign bonds. The real exch

Lina20 [59]

Answer:

(b) U.S. residents want to buy more foreign bonds. The real exchange rate falls.

Explanation:

A fall in the exchange rate is known as a depreciation in the exchange rate, means the currency is worth less compared to other countries. For example, a depreciation of the dollar makes US exports more competitive but raises the cost of importing goods into the US. As a results, residents will want to buy more foreign goods other than the country own produced goods. This will results in a shift in a demand or supply curve which occurs when a good's quantity demanded or supplied changes even though price remains the same.

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3 years ago