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natka813 [3]
4 years ago
6

Calculating the Amount for a Home Equity Loan. A few years ago, Michael Tucker purchased a home for $100,000. Today the home is

worth $150,000. His remaining mortgage balance is $50,000. Assuming Michael can borrow up to 80% of the market value of his home, what is the maximum amount he can borrow?

Business
1 answer:
e-lub [12.9K]4 years ago
3 0

Answer:

The maximum amount that Michel can borrow is 70,000 dollars.

Explanation:

Please see attachment .

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If the federal open market committee decides to increase the money supply, then
OLEGan [10]

Answer:

the Federal Reserve creates dollars and uses them to purchase government bonds from the public.

Explanation:

The money supply is increased by the Federal Reserve Open Market Committee under expansionary monetary policy actions to increase the level of aggregate demand in the market and push the level of output when business activity in the economy is low and the economy is experiencing a recession.

The FOMC creates dollars and uses them to purchase government bonds from the public that injects money in the market by increasing the credit creation capacity of commercial banks. As the money supply increases, the spending capacity of consumers is increased, either by lowering the cost of debt on their credit cards or by increasing employment in the market with increased investments by firms as they borrow with greater zeal when the cost of borrowing is low.  

8 0
3 years ago
The following are all disadvantages of SWOT analyses, EXCEPT: a. Critics of SWOT analysis argue that it is too simplistic and do
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Answer: Option (C)

Explanation:

SWOT analysis is defined as or referred to as a strategic planning process that is used in order to help an individual or a company identify the strengths,  opportunities, weaknesses, and threats that are related to their business competition or the project they are planning. It is mostly intended in order to  specify objectives of a business project or venture and thus identify external and internal factors which are unfavorable and favorable in order to achieve these objectives.

8 0
3 years ago
Sara Lee Corporation is a large conglomerate of businesses participating in a variety of industries. A few years ago, Sara Lee w
VLD [36.1K]

Answer:

Diverstiture or Selling assets from another division to pay for Bryan Food

Explanation:

Divestiture

This is the process of disposing a company's business unit or assets through bankruptcy, closure, exchange or sale for different purposes.

Reasons for DIvestiture

1. To sell off redundant business units - business units that are not being used or not generating income but are incurring expenses can be sold off to get some gains.

2. To generate funds - Selling a business unit for cash is a source of income. This is the choice or last resort of Sara Lee to acquire Bryan Foods

3. To ensure business survival or stability- Can be an option to declaring complete bankruptcy or closing off business completely

4. To increase resale value- Selling individual unit assets of a business is more profitable than selling the organisation assets en-mass or as a whole piece

Sara Lee Corporation and Bryan Foods

Sara Lee already has a variety of industries, apparently from these variety there are those ones that after much consideration could be redundant units or a not generating as much income or profit as expected.

Because Bryan Foods represents 'a tremedous' opportunity, with the potential to make Sara Lee more successful, the last resort is to pick assets or business units in Sara Lee that may be redundant or potentially generate less than Bryan Foods will and sell them in order to acquire Bryan Foods.

This is the last resort for Sara Lee.

4 0
3 years ago
Which of the following statements is CORRECT?
olganol [36]

Answer:

b

Explanation:

3 0
3 years ago
The team that is planning the annual company sales meeting has members in several oï¬ces. Theyneed to have a conversation about
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Answer:

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Much cost is not expended on conference call unlike physical meetings which might involve travelling longer distance.

One of the disadvantages of conference call is that conversation might not be fully rich due to the numbers of participants unlike one on one phone conversation.

Other means of having conversation within or outside an organization are through emails, text, social networking and video conferencing.

8 0
3 years ago
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