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Agata [3.3K]
3 years ago
6

William took out a $440,000 mortgage to purchase his personal residence. The residence is worth almost $1 million, and William w

ants to take out a $200,000 second mortgage and use the proceeds to consolidate his credit card debt. William can deduct the interest he pays on both mortgages.
a. True
b. False
Business
1 answer:
vlabodo [156]3 years ago
7 0

Answer:

false

Explanation:

this is false than

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Sherry invests money in stock. Her initial investment is $3,000, and after one month the stock’s value increases by 20%. After a
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Answer:

Investment worth now = 3,726 dollars

Explanation:

This is simple question which can easily be understood with the help of following calculations.

Initial Investment = $ 3000  -A

Value increase by 20% = A*1.2 = 3600-B

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Value increase by 15%= C*1.15 = 3726

In this way by applying rate to last determine value we can get current investment worth.

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3 years ago
An entrepreneurial team is a group composed of the entrepreneur plus the firm's banker, cpa, and attorney. the firm's managers.
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Answer:

"An entrepreneurial team is a group composed of the entrepreneur plus the firm's banker, CPA, and attorney."

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An entrepreneurial team usually consists of 2 or more people with a great interest in the success and future of a company. The work of this team is interdependent as they pursue common goals for success for the venture. They are usually interested in the financial and other areas of a company and include the entrepreneur, the CPA, attorney, and the organization's banker.

8 0
3 years ago
Read the scenario and answer the question that follows: rochelle sets the goal, "to increase my business writing grade from a 45
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Rochelle sets the​ goal, "To increase my Business Writing grade from a 45 to a 95 in the next two​ weeks, I will study six hours a day and submit four drafts of the next assignment for​ feedback." 
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A centralized database management is subject to a problem such as
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<span>a growing number of remote locations</span>
6 0
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Direct labor and indirect labor are recorded, respectively, to:
torisob [31]

Answer:

d. Work in Process Inventory and Factory Overhead.

Explanation:

Direct labor is labor that is directly involved in the production process, for example a machine operator in a factory is supplying direct labor. So when recording direct labor we do so under work in process inventory as that is where the labour is applied.

Indirect labour is one that is not directly involved in the production process, for example office cleaners, building maintenance. Since their contribution is not directly impacting production, indirect labor is recorded under factory overhead.

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3 years ago
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