Answer: Balloon payment mortgage
Explanation: In simple words, balloon payment mortgage refers to the form of mortgage in which the borrower has to pay small amount of money over a particular item and at the time of maturity he has to pay a lump sum amount that is called the balloon payment of that mortgage.
These types of mortgages are usually used by business organisation who are expecting high profits on a project after a certain period of time. Thus, the correct answer is balloon payment mortgage.
Answer:
$192,000
Explanation:
Using the weighted-average method the Costs to be accounted for will be:
Cost of ending work in process inventory$31,000
Add Cost of units transferred out $161,000
Total cost accounted for$192,000
Therefore using the Weighted average method the cost to be accounted for will be $192,000
In a 2 for 1 stock split, par
value and market value will be 1/2 of what they were prior to the split and
number of shares will be two times what it was.
So,
par value will be 6 x 0.5 = $
3.00
market value will be 25 x 0.5
= $ 12.50
number of shares 8,000 x 2 will be
16,000 shares
Answer: Reactive change
Explanation:
The reactive change is one of the type of concept that is specifically implemented in an organization by essential changing made in the system without any delay.
In this type of changes, the changes are made by the outside forces in an organization and with the helps of this change the companies basically interesting the various types of policies for the flexibility of the employees.
According to the given question, the Given example is best illustrating the reactive change concept as it is necessary for the employees of the company. Therefore, reactive change is the correct answer.