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
Georgia [21]
2 years ago
7

Define foreclosure economics.​

Business
1 answer:
Kobotan [32]2 years ago
8 0

Answer:

Foreclosure is the legal process by which a lender attempts to recover the amount owed on a defaulted loan by taking ownership of and selling the mortgaged property

You might be interested in
1. Identify various production processes and
rewona [7]

Answer:

D

Explanation:

8 0
3 years ago
Based on the given information, what will be the working capital of the company?
Romashka-Z-Leto [24]

Answer:

$37,000

Explanation:

Working capital indicates the difference between a company's current assets and its current liabilities.

Current assets include such as cash at hand, bank balances, cash equivalents, and inventories. Current liabilities are accounts payable, bills, and short term debts.

in this case,

Current assets include

Inventory    $50,000

Cash at Bank    $ 5,000

prepaid rent    <u>  $5,000</u>

Total current assets <u>$60,000</u>

current liabilities

Notes Payable   $20,000

tax payable       <u>   $3,000</u>

Total current liabilities  <u>   $23,000</u>

Working capital

= $60,000 - $23,000

= $37,000

7 0
2 years ago
The money supply will grow faster through deposit creation when the required reserve ratio is: a. high and banks hold excess res
Strike441 [17]

Answer:

c. low and banks are unable to loan out all of their excess reserves. d

Explanation:

Lower required reserve ratio means banks have more money to lend. When banks are able to lend all its excess money, then money supply increases for citizens.

7 0
2 years ago
The sales era emerged because of an increased need to move products during the Great Depression.
marissa [1.9K]
I think it’s false because no one was buying anything during the depression
4 0
3 years ago
A. : Anything that serves as a medium of exchange.
adelina 88 [10]
It’s money I’m pretty sure
8 0
3 years ago
Other questions:
  • The following items were selected from among the transactions completed by O’Donnel Co. during the current year:
    8·1 answer
  • Suppose the spouse of the primary earner in the household is considering joining the labor force. The spouse currently cares for
    11·1 answer
  • What isn't not a stock derivative
    6·1 answer
  • Which of the following, indicate whether each statement about regional trade agreements is true or false. Statement True False
    15·1 answer
  • Spectacular Corporation began the year with accounts​receivable, inventory, and prepaid expenses totaling $67,000. At the end of
    12·1 answer
  • Marigold Inc. purchased land, building, and equipment from Laguna Corporation for a cash payment of $371,700. The estimated fair
    7·1 answer
  • CodeDesk Inc matches programmers with freelance jobs. It has 35 employees who staff its online chat room. It receives, on averag
    7·1 answer
  • In order to minimize the difficulty associated with meeting monthly loan payments, the debt service ratio should be __________.
    8·1 answer
  • Jawwal Research &amp; Development has been going through a rough patch lately. Turnover has been high and employee morale is at
    6·1 answer
  • When cash is received from a stockholder in exchange for common stock, the transaction is recorded by debiting Cash and creditin
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!