Debit Interest Expense [$480,000 x 8% x 360/360] = $38,400.00
<span>Credit Interest Payable = $38,400.00</span>
Answer:
The Natural Foods Shop and The Bakery
Explanation:
These two stores sell like goods (food) while the sporting goods doesn't sell food
Answer:
The aggregate demand curve is downward sloping because when the general level of price rise; the real wealth of consumers will decline (with a certain amount of money you end up buying less goods), the interest rates will increase (as inflation increases, interest rates also increase), and the price of exported goods increases (as the general price of goods increase, the production of goods will also become more expensive).
Answer:
Minimizing waste
Pareto efficiency
Explanation:
- This is a situation where waste from allocation of goods is reduced to the nearest minimum.
- This is when every economic good is optimally allocated across production and consumption so that no changes made to allocation can make any body better.
She is required to include her MLO unique identification number on her business cards. Carmen is required by the law governing mortgage loan originators to include her distinctive identification on her business cards, but, not on real estate signage.
The first step in obtaining a mortgage is to speak with a loan originator, often known as a mortgage loan originator (MLO). An MLO's initial task is to convince you that working with them is your best alternative for borrowing money. The second is to direct you toward the settlement table. A loan originator is mostly a salesperson and just secondarily a loan approval chaperone.
The MLO, the borrowers, the processors, underwriters, and closers are all focused on the same successful end since mortgage loan approval is a team sport. Managing the team is the responsibility of the Loan Originator or MLO.
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