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lyudmila [28]
3 years ago
13

What type of loan uses real estate for security?

Business
1 answer:
Alchen [17]3 years ago
4 0

Answer:

A second mortgage loan uses real estate for security

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What are the main advantages of volume-based allocation methods compared to activity-based costing?
GalinKa [24]

Answer:

A: Volume-based methods are more accurate and allowed by GAAP.

Explanation:

6 0
2 years ago
Which of the following actions helps a company find the game plan for​ long-run survival and growth that makes the most sense gi
Papessa [141]

Answer: (D) Strategic planning

Explanation:

  The strategic planning is one of the business documenting process in which the various types of directions and suggestions are given to the small organization or the business.

The main objective of the strategic planning is that it helps in establishing the the actual direction to the companies for the long term goals and also helps in making various types of decisions.

According to the given question, the strategic planning is one of the type of action which is specifically taken by an organization that helps the growth o the company.  

 Therefore,  Option (D) is correct answer.  

 

4 0
2 years ago
Production and sales estimates for June are as follows:
anastassius [24]

Answer:

Production= 13,000

Explanation:

Giving the following information:

Estimated inventory (units), June 1 18,500

Desired inventory (units), June 30 19,000

Expected sales volume (units):

Area X 3,000

Area Y 4,000

Area Z 5,500

Total= 12,500

To calculate the production for the period, we need to use the following formula:

Production= sales + desired ending inventory - beginning inventory

Production= 12,500 + 19,000 - 18,500

Production= 13,000

5 0
3 years ago
Caleb purchased his first home for $420,000. He made a 10% down payment and financed the remaining purchase price. The terms of
Genrish500 [490]

Answer:

In 269th Payment the principal component is greater than half of the payment

Explanation:

Amortization schedule is attached please find it.

The loan payment includes the interest and principal portion. After deducting the interest on the due balance the residual amount is paid towards the principal.  

Loan is paid per month, the amount of each payment can be calculated as follow:

Loan Payment per month = r ( PV ) / 1 - ( 1 + r )^-n

r = rate per period = 9% per year = 0.75% per month

n = number months = 30 years x 12 months per year = 360 Months

PV =  present value of all payments = $420,000

P = payment per month = ?

P = 0.75% ( $420,000 x 90% ) / 1 - ( 1 + 0.75% )^-360

P = $3,041.47 per month

Download xlsx
3 0
2 years ago
Why should a manager in an international business care about the political economy of free trade or about the relative merits of
Rudik [331]

Answer:

The answer is explained below

Explanation:

To begin with, the policies that the goverments decide to implement in their countries tend to influece in a huge way the companies decisions and therefore its actions as well. Therefore that as a company manager of an international business he needs to stay very updated about the government policies over the countries where his company works. Moreover, the manager will understand that if there is free trade in a country then there will be no problems for his company to start selling there and obtaining the maximum profits as possible and if there is protectionism then the company will have to deal with the policies that the government implemented there. And that is why that as an international business manager he should really care about the policies of the country's government and if there is free trade of protectionism.

6 0
3 years ago
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