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zlopas [31]
3 years ago
12

A mortgage is a document in which a lender reclaims a property due to lack of payment by the borrower.

Business
2 answers:
AlladinOne [14]3 years ago
7 0
Yes that is true you can even research it’s
dusya [7]3 years ago
7 0

Answer:

False!

Explanation:

A foreclosure document is what a lender uses to reclaim a property due to lack of borrower payment.

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Benson and Orton are partners who share income in the ratio of 2:3 and have capital balances of $60,000 and $40,000, respectivel
hjlf

Answer:

$48,800

Explanation:

Ratio = 2:3

Total investment:

= Benson capital + Orton capital + Ramsey capital

= $60,000 + $40,000 + $20,000

= $120,000

Total Equity of Ramsey:

= 40% of  Total investment

= 0.4 × $120,000

= $48,000

Old partners contribution:

= Equity of Ramsey - Ramsey capital

= $48,000 - $20,000

= $28,000

Benson’s capital balance after admitting Ramsey:

= Benson’s capital - Old partners contribution(2 ÷ 5)

= $60,000 - [$28,000 × (2 ÷ 5)]

= $60,000 - $11,200

= $48,800

6 0
3 years ago
Hi points for whoever wants them<br>bye
Roman55 [17]

Answer:

yooo[oooooooooiiiiiii

7 0
3 years ago
Read 2 more answers
In​ 1885, first-class postage for a​ one-ounce letter cost​ $0.02. The same postage in 2015 costs​ $0.49. What compounded annual
geniusboy [140]

Answer:

2.49%

Explanation:

The period 't' between 2015 and 1885 is:

t = 2015 -1885 = 130\ years

The annual rate 'r' at which the original $0.02 value has been compounded over 130 years to reach a value of $0.49 is determined by:

0.49 = 0.02*(1+r)^{130}\\r=\sqrt[130]{24.5}-1\\ r=0.0249 = 2.49\%

The cost of​ first-class postage has experienced an annual increase of 2.49% over this period.

6 0
3 years ago
1. Briefly explain what a resource market is. Then, describe the role that resource markets play in the flow of goods and servic
scZoUnD [109]

In the resource market we find the materials required for production.

<h3>What is resource market?</h3>

The resource market refers to a market where it is possible to find all or some of the resources that are necessary for the production of goods and services.

Businesses depend on the resource materials for the supply of materials that aid the process of production hence the both are interdependent on each other. It is different from product markets which involves the sale of finished goods to consumers.

Learn more about resource markets: brainly.com/question/3964664

7 0
2 years ago
Stocks are generally considered a higher risk because:
user100 [1]
I would say A) their values vary overtime it’s the most reasonable answer

Hope this helps! :)
3 0
3 years ago
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