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3 years ago

1.2.5 quiz examining basic economic concepts

1 answer:

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The study that deals with the problem of how to allocate the world's scarce resources between the competing and unlimited wants and needs of people.

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Kate and Bill secured a loan with a 75% loan-to-value ratio. The interest rate was 7.125% and the term was for 30 years. The fir

Volgvan

An appraised price is an evaluation of a property's fee-based totally on a given factor in time.

An appraised cost is an evaluation of a property's value based totally on a given factor in time. The evaluation is accomplished by means of a professional appraiser for the duration of the mortgage origination technique. The appraiser is normally selected by way of the lender but the appraisal is paid for by way of the borrower.

Actual property professional opinion is typically towards the idea of paying extra than a property's appraised price. Even if you make up the difference on below-appraised assets, you may have assets well worth much less than what you paid.

If buyers are few and far among whilst you list your house, there may be a hazard the marketplace cost may be lower than the appraised price. then again, in case you're seeing a ton of interest in your own home from a couple of consumers, you could discover that the marketplace value is better than the appraisal value.

Learn more about appraised value here: brainly.com/question/26080329

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1 year ago

What is the third step of effective communication?

pantera1 [17]

The answer is letter C.

The third step in communicating properly is to ask for feedback from the person you are talking to. This way you can inquire what are the reflections of the receiver to the message you conveyed. In this manner, you are openly learning to understand the exact situation you are talking about and it can also help in improving how you might convey your message the next time around.

3 0

3 years ago

Read 2 more answers

Corporations have a distince advantage over other forms of business organization in the area of taxation. True False

seraphim [82]

Answer:false

Explanation:

5 0

2 years ago

Rodgers and Winter had capital balances of $60,000 and $90,000, respectively, at the beginning of the current fiscal year. The a

Bas_tet [7]

Answer:

A) Net income $110,000

Rodgers Winter

Salary allowance $25,000 $30,000

interest allowance $7,200 $10,800

(12% of capital)

split renaming income $18,500 $18,500

net income $50,700 $59,300

B) Net income $65,000

Rodgers Winter

Salary allowance $25,000 $30,000

interest allowance $4,000 $6,000

(40% of remaining income

to Rodgers and 60% to Winter)

net income $29,000 $36,000

4 0

3 years ago

A loss has a Debit balance and is shown on the balance sheet. A gain has a Credit balance and is shown on the balance sheet. B.

spin [16.1K]

Answer:

A gain has a Credit balance and is shown on the Income Statement. C. A loss has a Debit balance and is shown on the Income Statement.

Explanation:

As we know that the revenues and gains contains the normal credit balance while on the other hand the expenses and losses contains the normal debit balance and both are reported on the income statement

The gain would be reported on the credit side of the income statement and the loss would be reported on the debit side of the income statement

So the same is relevant too

7 0

2 years ago