The amount paid for the discount points is $2,700
What do 3 points on the loan mean?
The 3 points mean that the borrower needs to pay 3% of the loan amount in order to enjoy a lower interest on the mortgage loan, in other words, the amount paid for the discount points is 3% of the loan amount of $90,000
amount paid for the discount=points*loan amount
loan amount=$90,000(not $120,000 which is the property purchase price)
amount paid for the discount=3%*$90,000
amount paid for the discount=$2,700
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On the statement of cash flows, cash inflows and outflows involving creditors and stockholders are categorized as financing activities.
In the cash flow statement, the cash flow between a company's owners and creditors is referred to as financing operations. The actions involve the issuance and sale of shares, the payment of cash dividends, and the addition of loans.
Transactions between a firm and its lenders and owners to obtain or repay resources are referred to as financing operations. In other words, financial operations finance the business, pay back loans, and give owners a profit. Offering and buying back shares are examples of financing activity.
Receiving cash through stock issuances or spending cash to repurchase shares are two examples of frequent cash flow items resulting from a company's financing operations. receiving money as a result of issuing or paying off debt. dividends to shareholders in cash.
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Answer:
The correct answer is option A.
Explanation:
Joint products are those products are manufactured through the same process using common inputs and are somewhat equal in value.
they cannot be produced separately.
For instance cream, butter and cheese are joint products made from milk.
Gasoline, kerosene and fuel oil are joint products made from crude oil.
Companies and consumers started to understand in the 1930s that using resources properly and efficiently was advantageous for both society and business. the green revolution sprang from this.
The green revolution is a broad movement that advances the concerns of environmentalists, or people who believe that it is important to preserve the integrity of the non-human world for both that reason and the survival of humans. Its membership is extraordinarily diversified, including academics, political activists, wealthy and impoverished individuals from all over the world, as well as followers of a wide range of religious ideologies. Global climate change has been a major issue for the green movement since the 1980s. The preservation of both multi-use undeveloped landscapes and natural regions, the protection of endangered species, and resistance to pollution are further issues.
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Answer:
c. governmental interventions
