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Juli2301 [7.4K]
3 years ago
8

Borrowers who believe they will be in a home for only a short period of time would be good prospects for a/an:

Business
1 answer:
Ilya [14]3 years ago
4 0

Answer:

Hard money loan

Explanation:

Options <em>"A) no interest loan, B) adjustable-rate loan, C) Convertible loan, D) Hard money Loan"</em>

Hard money loan is a way to raise money quickly, usually taken out for a short time but at a higher cost and lower LTV ratio. The terms of hard money loans are often negotiated between the lender and the borrower. This type of loans use the property of the borrower as collateral and does not rely on the creditworthiness of the borrower.

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On May 25, after the transactions had been posted, Adams discovered that the following entry contains an error. The cash receive
vampirchik [111]

Answer:

With the correcting entry method, the wrongly posted account will transfer the amount that was to be posted elsewhere to the place it was to be posted in. In this case the posting was to be to Accounts Receivable not Service fees so:

Date                   Account Title                                     Debit                  Credit

May 23              Service Fees                                   $1,270

                          Accounts Receivable                                                 $1,270

3 0
3 years ago
NEED HELP ASAP, WILL GIVE BRAINLIEST
Sholpan [36]
What new laws to the New York factory investigating commissions request check all that apply

1. no factory workers under age 10
3. a minimum wage for all workers
4. increased sanitation standards
3 0
3 years ago
PROBLEMThe PQ partnership has the following plan for the distribution of partnership net income (loss):P QSalaries $60,000 $100,
Yanka [14]

Answer:

1. P = $156,560; Q = $203,440

2. P = $90,320; Q = 149,680

3. P = -$43,500; Q = $3,500

Explanation:

The explanation is given in images for each situation:

3 0
3 years ago
Interest earnings of 4 percent with a $450 minimum balance; average monthly balance, $600; monthly service charge of $20 for fal
Ray Of Light [21]

Answer:

$86

Explanation:

Missing word <em>"What could be the net annual cost"</em>

<em />

Monthly fee = $20

Interest rate = 4% = 0.04

Average monthly balance = $600

Net annual cost = $20*5 - 0.04*$600*7/12

Net annual cost = $100 - $14

Net annual cost = $86

So, the net annual cost of this account is $86.

7 0
3 years ago
Which of the following is a potential safety hazard?
maxonik [38]

Umm... I can't find the choices... So, those are the choices I made up that are correct to your question.


  • Spills covering grounds or falling hazards, such as blocked paths or cords going over the ground.
  • Working from heights, including ladders, scaffolds, roofs, or an elevated workspace.
  • Unguarded device and moving machine pieces; guards dismissed or moving pieces that a worker can unintentionally touch.
6 0
3 years ago
Read 2 more answers
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