Answer: Option (C)
Explanation:
Excess supply is referred to as or known as the market condition under which the quantity supplied tends to greater than demand for a product, commodity or a service at the current market price. It mostly tends to occur at the price which is greater than equilibrium price level. The price tends to be greater than that of equilibrium price therefore sellers would moreover sense this situation as an opportunity in order to earn the greater profits and thus would pump in supply.
The question is incomplete:
A borrowers expresses concern that once he signs all the documents he will be stuck with a second mortgage. A good response by a Notary Signing Agent could be to:
a. Recommend that the borrower contact his lender’s representative and provide the phone number
b. Suggest the borrower stop, take a few days to reconsider, and then reconvene once the borrower feels more comfortable
c. Recommend that the borrower sign documents now and then cancel the loan within three days if the borrower is still concerned
d. Assure the borrower that the borrower’s loan term are excellent and should continue
Answer:
a. Recommend that the borrower contact his lender’s representative and provide the phone number
Explanation:
As the borrower is concern that he will be stuck wit a second mortgage, a good response is to contact his lender's representative as that would be the appropiate person to help him understand all the conditions on his mortgage and be sure that they are good and that he will be able to pay back the loan.
The other options are not right because the borrower should reconsider but he needs to talk to the lender's representative to get all the information to be able to make a decision, he shouldn't sign the documents if he is not sure and a Notary Signing Agent is not the appropiate person to talk about the loan terms.
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Answer:
$1.84
Explanation:
The formula for earning per share (EPS) is given as;
= Net income of the company / Average outstanding shares of the company
Given that ;
Net income = $230,000
Average outstanding shares = (100,000 + 150,000) / 2
= 125,000
Therefore,
EPS = $230,000 / 125,000
= $1.84
Answer: low (near 0%)
Explanation:
The expected monetary value(EMV) simply refers to the amount of money that an economic agent can expect to make based on a particular decision that's made.
It should be noted that the likelihood that a decision maker will be able to receive a payoff that is exactly as thesame as the EMV when a decision is being made will be near to zero as it's very low that it'll happen.
