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3 years ago

Which of the following statements is TRUE? *

Business

1 answer:

strojnjashka [21]3 years ago

7 0

Answer:

None

Explanation:

A home equity load is secured by the equity the owner has in the home. Renters don't have equity and can not borrow against a property they do not own
Home equity loans only require a certain LTV (loan-to-value) ratio. If there's equity available after the existing mortage that fits in the LTV, a home equity load is possible
While states regulate home equity loans, no state outlaws then
While home equity loans are useful for home improvement, they can be used for other purposes too such as debt consolidation

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Because there isn't one single measure of inflation, the government and researchers use a variety of methods to get the most bal

ss7ja [257]

Answer:

Explanation:

Because there isn't one single measure of inflation, the government and researchers use a variety of methods to get the most balanced picture of how prices fluctuate in the economy. Two of the most commonly used price indexes are the consumer price index (CPI) and the GDP deflator.

The CPI for this year is calculated by dividing the CPI using GDP inflator and multiplying by 100. However, the CPI reflects only the prices of all goods and services.

Examples include A decrease in the price of a Chinese made car that is popular among U.S. consumers.

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4 years ago

If it costs 75,000 to pit on an event and total revenue is 135,000, how much profit did the concert bring in?

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60,000 fjenfefjofknfogvvfrvrvfv

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3 years ago

Suppose that the U.S. Government decides to charge draft beer drinkers a tax. Before the tax, 35 million glasses of draft beer w

RUDIKE [14]

Answer:

$3 per glass

Explanation:

THe consumer are paying (9-6) per glass, so $3 higher.

Most other data in the question seems irrelevant.

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4 years ago

The debt-to-equity ratio is: Multiple Choice calculated by dividing total liabilities by net worth. calculated by dividing month

Luba_88 [7]

The debt-to-equity ratio is calculated by dividing total liabilities by net worth.

<h3>What is the debt-to-equity ratio?</h3>

The debt-to-equity ratio is a financial ratio that is used to determine the credit worthiness of a business. It is determined by dividing the total debt by the total equity. The lower the ratio, the higher the credit worthiness of a business.

To learn more about financial ratios, please check: brainly.com/question/26092288

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4 0

2 years ago

Tanning Company analyzes its receivables to estimate bad debt expense. The accounts receivable balance is $360,000 and credit sa

VARVARA [1.3K]

Answer:

Account titles and explanation Debit Credit

bad debt expense $16,800

allowance for d doubtful account $16,800

Explanation:

Aging of accounts =5% of accounts receivable

Which is 360,000 x 5% = 18,000 expected allowance

current balance before adjustment =1,200 credit

Adjustment = 18,000 - 1,200 = 16,800

Adjusting entry BY Tanning Company

Account titles and explanation Debit Credit

bad debt expense $16,800

allowance for d doubtful account $16,800

3 0

3 years ago