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3 years ago

Define mortgage- backed securities.

Business

2 answers:

faust18 [17]3 years ago

7 0

Answer: Mortgage interest is a loan.

Explanation:

NeTakaya3 years ago

6 0

Mortgage-backed securities, called MBS, are bonds secured by home and other real estate loans. They are created when a number of these loans, usually with similar characteristics, are pooled together.

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As you get older, a Target Date Fund will adjust by…

makkiz [27]

Answer:

The correct answer is letter "B": Decreasing your stocks and increasing your bonds.

Explanation:

Target-date funds are pools of assets employees with a 401(k) retirement account can access. Target-date funds consider stocks as riskier assets than bonds, thus, more stocks than bonds are included in the fund of the employee at first. However, as soon as the date when the employee is to retire approaches, the fund automatically lowers the number of stocks in the employee's account to include more bonds, which are safer securities.

7 0

3 years ago

Sheffield Corp. sold $120000 of goods and accepted the customer's $120000 8%, 1-year note receivable in exchange. Assuming 8% ap

svetlana [45]

Answer:

The journal entry to record the sale :

Debit : Note Receivable $120000

Credit : Sales Revenue $120000

Explanation:

The journal entry to record the sale includes a Debit entry of a Note Receivable at the amount owed by the customer since there was no immediate payment of cash and a Credit entry of Sales Revenue to recognize Income earned.

8 0

3 years ago

Portfolio diversification eliminates: Multiple Choice all investment risk. the portfolio risk premium. market risk. unsystematic

kaheart [24]

Answer:

Unsystematic risk

Explanation:

The portfolio theory posits that the total risk on a collection of assets (i,e a portfolio) can be reduced by spreading the invested fund into different assets that are uncorrelated.

According to this model, the total risk on a portfolio is divided into systematic and unsystematic risks. The theory assumed by diversification, the unsystematic risk associated with a portfolio is eliminated.

Unsystematic risk essentially are those unique individual assets for example. if we invest in company stock, risk associated with factors like bad management , law suit against a company, defect in company;s products are example of unique or systematic risks

7 0

3 years ago

Grab Manufacturing Co. purchased a 10-ton draw press at a cost of $172,000 with terms of 2/15, n/45. Payment was made within the

DIA [1.3K]

Answer:

$184,260

Explanation:

Total cost of draw press is $172,000 and if it paid 15 days, there will be a discount of 2% and it is paid within the discount period

The discount is = $172,000 * 2/100 = $3,440

Total amount that would be capitalized is:

= ($172,000 - $3,440) + $4,600 + $11,100

= $168,560 + $4,600 + $11,100

= $184,260

So, the capitalized cost of the 10-ton draw press is $184,260

Note:

- The shipping costs and installation cost will be capitalized

- The cost of insurance in transit and cost incurred to remove a section of a wall will be capitalized as well as they are included in the cost above already

7 0

3 years ago

Ted Jones owns rental properties in Texas. Each property has a property manager, who collects the rent once per month, arranges

Anarel [89]

Answer:

Answers explained below

Explanation:

1) The purpose of a bank reconciliation to compare the company's records to those of that of the Bank Statement, to see if there are any kind of difference between these two sets of records for ther cash transactions. The bank reconciliation process requires comparing the bank statement with Cash book records towards withdrawals, check payments, direct deposits received by bank, direct payments/charges by bank, cash deposits and financial transfers.

2) To avoid the theft of cash, the internal controls requires a through checks of the receipt and payments in the cash book must be compared with the cash receipts and cash payments by the bank in their bank statement.

3) The misappropriation of cash and showing the outstanding checks at the lower level will indicate that the cash generation by the property is less. It will disturb the valuation of the property by the potential investors through the cash generation method, which will result in loss / harm to Jones.

7 0

3 years ago

Define mortgage- backed securities.​

Define mortgage- backed securities.