Answer:
An offer is made on a property listed with broker Green for $93,000. The offer is for $91,000 and the buyer will be obtaining FHA financing. The appraisal comes in at $88,000. The recourse which the buyer have is:
- The buyer may get an FHA loan provided the difference between the appraised price is paid in cash.
Explanation:
- FHA stands for Federal Housing Authority. The FHA loan helps the buyer to get the home and it is a mortgage that is issued by the approved lender of the FHA.
- The benefit of this loan is that these loans require a lower minimum down payments and credit scores as compared to other conventional loans.
- In our case, the buyer will get the the financing from FHA to cover the difference of money between appraised price and actual price of the property.
<span>When writing about a work of art, the question that would contribute most to my evaluation is the connection the art has established to me. In every art i see, i judged it first on the connection and the feel i got before knowing how it must be interpreted in order to get a raw emotion from myself.</span>
Answer: The corrects answers are "a commodity futures contract", and "a call option on Intel stock".
Explanation: An example of a derivative security is a commodity futures contract, and a call option on Intel stock.
There are several types of derivative securities. A derivative security is a financial product whose value depends on the value of another asset. They can be classified in several ways, depending on their complexity, their characteristics or the agents involved in them.
Answer:
The incremental revenue of the proposed change = $ 50,000
Answer:
Profit
Explanation:
Profit is the monetary or financial gain by a business when its revenues exceed costs. Revenue is the income a company gets through selling its goods and services. Costs are the expenses incurred in making goods and services for sale.
If the revenues are more than the costs, a business will make profits. But if the costs are more, the company will suffer losses.
