He should go with his checking account because his savings is way more valuable
Answer:
You can not check the property beforehand for damages, which is a risk.
Explanation:
A foreclosure property is that property which is being sold off by a lender in order to payoff default.
There are a number of risks involved in buying such property. The process of buying is lengthy and complicated.
Buyers are not allowed to check the property before auction. Often these properties are damaged because the owners can not afford to manage. Or the angry owners may damage the property purposely in order to punish the lenders.
Answer:
The correct answer is letter "D": I, II, and III.
Explanation:
Portfolios are pools of assets that allow small investors to access to diversified investment vehicles managed by professionals. Adding new securities to a portfolio requires knowledge of the asset:
- Expected return:<em> returns expected from an investment given the investment's historical returns.
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- Standard deviation:<em> measure applied to the annual rate of return of the investment to measure the volatility of the investment.
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- Correlation:<em> statistical measurement of how two securities move in relation to each other.</em>
Answer and Explanation:
The computation of the equivalent units of production for both materials and conversion costs is given below:
For material
= Units completed + ending work in process × completion percentage
= 7,700 + 2,100 × 0.75
= 9,275 units
And, for conversion cost
= Units completed + ending work in process × completion percentage
= 7,700 + 2,100 × 0.25
= 8,225 units
