1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
gayaneshka [121]
2 years ago
14

A borrower signs the note and mortgage for a re-finance on his principal residence on Thursday, Dec. 31. What is the earliest da

y the funds for this loan could be disbursed (assuming no bona fide financial hardship)?
Business
1 answer:
maxonik [38]2 years ago
8 0

Answer: The earliest the funds could be disbursed would be Wednesday the 6th.

Explanation:

Federal holidays and Sundays are not counted when considering the 3business days rescission period for loans principal residences. The borrower has the opportunity till midnight on these 3 business days after landing papers are signed, the days are Saturday, Monday and Tuesday. With this consideration's, the earliest the funds could be disbursed would be Wednesday the 6th.

You might be interested in
Each of the following are types of__________allocation methods:
storchak [24]

Answer:

Each of the following are types of Overheads allocation methods.

Explanation:

Factory overheads such as rent, electricity or water can not be traced directly to a cost object.

When determining the cost of a cost object these overheads are apportioned to departments they pass through for processing  or the actual job using an allocation method.

The common methods for allocating overheads are plant-wide rate method, departmental overhead rate method and activity-based costing method.

5 0
3 years ago
How will the aggressive e-commerce plan implemented by Walmart affect operations at its retail locations
Lisa [10]

Answer and Explanation:

As we know that Walmart has the biggest size as a strength. Even there is market saturation but still it opened various retail stores. having more than 10,000 stores in international market it seen that there is large amount of profits. Now after implementing the new e-commerce plan the Walmart leave the competition behind as it helped in covering the great amount of customers range due to this it would create a favorable response also it would be helped in online shopping. having e-commerce plan will give the benefit to generate more sales as compared to before

4 0
3 years ago
A company paid ​$140 comma 000 for a new​ 18-wheeler. When it is 11 years old it will be worth ​$30 comma 000. Using​ straight-l
ser-zykov [4K]

Answer:

V(n)=140,000-10000n

V(7)=$70,000

Explanation:

Purchase Cost= $140,000

Value After 11 Years =$30,000

Depreciation per Year = \frac{140000-30000}{11}  = \frac{110000}{11} =10000

The truck depreciates at a rate of $10000 per year.

Using​ straight-line depreciation, the value of the truck in​ dollars, V

The linear function of its age in years n, V(n)=140,000-10000n

When the truck is 7 years old

n=7

Truck's Value, V(n)=140,000-10000n

=140,000-(10000X7)

=140,000-70000

=$70,000

4 0
2 years ago
JCPenney Company is expected to pay a dividend in year 1 of $1.65, a dividend in year 2 of $1.97, and a dividend in year 3 of $2
arlik [135]

Answer:

c = $71.80.

Explanation:

So, from the question above, it is given that the dividend in the first year = $1.65, the dividend in the second year = $2.54, the dividend for the third year  grows at the rate of 8% and the appropriate required return for the stock = 11%.

The first thing to do here is to determine the terminal value. The terminal value can be calculated as below as;

Terminal value = [ 2.54 × ( 1 + 8/100) ÷ (11/100 - 8/100) ]  = 91.44

The value of the stock today can be calculate as be as:

The value of the stock today = 1.65 / (1 + 11/100 )¹ + 1.97 /  (1 + 11/100)² + 2.54 / (1 + 11/100)³ + 91.44 /  (1 + 11%)³ = $71.80.

Therefore,  stock should be worth $71.80 today.

7 0
3 years ago
Which of the following statements is the most correct in relation to time spent by coaches and time spent by sport instructors?
Anna71 [15]

Answer:

The correct option here is A) instructors spend more time on instruction than they spend on supplemental responsibilities.

Explanation:

Instructors usually spend more time on the on job duties, they are not developing any professional relationship with its students, they are not here to improve or teach the basic skill to their students , they don't work on improving the students psychology , so it won't be wrong to say that they don't spend much time on supplemental responsibilities.

4 0
3 years ago
Other questions:
  • he manufacturing overhead budget at Franklyn Corporation is based on budgeted direct labor-hours. The direct labor budget indica
    10·2 answers
  • After reviewing the Law of Diminishing Marginal Returns, an economist would correctly conclude that in the short run: total prod
    10·1 answer
  • Can work managers not allow employee to have 15 min breaks? Is anything like that a law or what?
    12·2 answers
  • The coefficient of variation, calculated as the standard deviation of expected returns divided by the expected return, is a stan
    7·1 answer
  • Master Hatter's demand for hats is 25,000 per year. The order cost is $425 and the carrying cost is $4.50 per unit. The cost pai
    12·1 answer
  • o decide whether or not to buy a season ski pass. A daily pass costs ​$80. A season ski pass costs ​$450. The skier would have t
    9·1 answer
  • International businesses with markets and production facilities in other countries, or that use materials from different countri
    8·1 answer
  • Which factor would credit card companies most likely use to determine an
    8·2 answers
  • Question 2<br> A style of writing in which the main point is stated early in the message.
    5·1 answer
  • BUS208 Case Studies in Business Administration
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!