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KatRina [158]
3 years ago
5

To obtain an FHA-insured loan, the buyers will have to pay a MIP of 1.75 points, which will be financed into the loan. What will

be the amount of their loan if FHA insures 96.5% of the appraised value and this property appraises for $210,000 (the maximum loan the FHA will insure in their area is $271,000)?
Business
1 answer:
GaryK [48]3 years ago
6 0

Answer:

$206,196.38

Explanation:

Calculation to determine what will be the amount of their loan

Loan Amount=($210,000 × 0.965)+[($210,000 × 0.965)×0.0175]

Loan Amount=$202,650+ ($202,650 × 0.0175)

Loan Amount=$202,650 + $3,546.38

Loan Amount= $206,196.38

Therefore What will be the amount of their loan is $206,196.38

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Dividends in arrears are dividends on A. cumulative preferred stock that have been declared but have not been paid. B. non-cumul
Romashka [77]

Answer:

The correct answer is letter "A": cumulative preferred stock that have been declared but have not been paid.

Explanation:

Dividends in arrears are dividends that have not been paid in a period on cumulative preferred stock. A company does not necessarily have to pay dividends to its shareholders but the payment becomes cumulative. Under this situation, it is said that the organization has failed to generate enough cash during the year. Besides, there must be a dividend declaration for the dividends in arrears to be liable recognized.

7 0
3 years ago
S&L Financial buys and sells securities expecting to earn profits on short-term differences in price. On December 27, 2021,
Natalka [10]

Answer:

Net income in year 2021 = $0

Net income in year 2022 = $6,000

Explanation:

Given:

Purchased bonds(2021) = $860,000

Sold bonds (2022) = $866,000

Fair market value = $858,500

Computation:

A. Net income in 2021

The fair market value of the bond is less than the purchase price of the bond, that is why we can say that no profit has been received in the year 2021

Net income = $0

B. Net income in 2022

Net income = Sold bonds - Purchased bonds

Net income = $866,000 - $860,000

Net income = $6,000

4 0
3 years ago
The signaling aspect of the market system refer to:______
Tanya [424]

Answer:

The correct answer is letter "A": the price of the good to the consumer and producer.

Explanation:

While talking about markets in Business, signaling refers to the asymmetry of information between buyers and sellers. Usually, sellers provoke a buying pattern in consumers because of a piece of information that is unknown by other parties. Individuals providing that information are called <em>insiders</em>.

Thus, <em>signaling is an aspect of the market system inherent to the price that influences in the behavior of buyers and sellers.</em>

6 0
4 years ago
Tiffany has been the top sales rep in her company for the past ten years. She has developed countless tricks and tips to continu
Dafna11 [192]

Answer:

<em>Tiffany would likely have</em> <u>    </u><u>expert   </u>  <em>power over a new sales rep.</em>

Explanation:

Refering to business, the are five forms of <em>power</em> through wich the workers may influence others in an organization: legitimate, reward, expert, referent, and coercive.

The legitimate power comes from formal authority: bosses have the authority to ask others to perform tasks.

Reward power comes from the fact that one person can pay or reward, either with money or with some non-financial incentive.

<em>Expert reward</em> is exerted by a person in virtue of the knowledge on a matter or skills to perform a task, thus he/she can influence others. This is exactly what<em> Tiffany would likely </em>have because the has a lot of experience performing a good job as sales rep/

Referent power is exerted in virtue of the respect or admiration

Coercive power is exerted when the person can impose a punishment.

3 0
3 years ago
Why does the executive branch of the federal government not have the power to write new laws?
uranmaximum [27]
Separation of powers.
5 0
3 years ago
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