Answer: Foreclosure
Foreclosure refers to a bank’s act of taking possession of a mortgaged property when the mortgage holder fails to make the monthly mortgage payments.
Foreclosure occurs when a home owner does not pay his monthly loan instalments for three consecutive months.
It is a legal process in which the home owner loses the ownership of the property and the banker gets the right to sell off the property in order to make up the loss on account of non payment.
The given option is incorrect
The right answer is Paint Space game Online character portraits to sell on her website
Explanation:
It is one of the most important points for your viewers as part of online gaming marketing strategies. Continue posting all your game related things to increase your product thirst. gamer. The higher the number of shares, the higher the chat, all around.
This is another important component of their marketing strategy for online gaming.
Prepare a list of contacts to help them with their game's press release.
As part of their online gaming marketing strategy, it is important that they develop their own website. It will help connect all of their social media accounts to one location and provide an opportunity to track their followers for regular updates.
Answer:
A) Prepaying the debt would cause the firm's debt-to-equity ratio to improve from .62 to .50.
Explanation:
The computation of the impact is as follows:
The Debt equity ratio is
= Total liabilities ÷ total equity
Now
Debt equity prior to payment is
= $16,000,000 ÷ $26,000,000
= 0.62
And,
Debt equity after payment is
= $13,000,000 ÷ $26,000,000
= 0.50
So here as we can see that the debt equity would be improved from 0.62 to 0.50
Therefore the correct option is a.
Answer:
Income +/- inventory adjustment
2015: 138,000 - 23,000 = 115,000
2016: 254,000 + 61,000 = 315,000
2017: 168,000 + 17,000 = 185,000
Explanation:
<u>Inventory Identity:</u>
Beginning + Purchases = Ending + COGS
As the mistake is on the right side it compensates by the other component which is COGS
<u><em>When the inventory is overstated</em></u> this means COGS is understated.
We didn't record the cost of good sold thefore our gross profit is higher making the net income higher.
<u><em>When the inventory is understated</em></u> this means COGS is overstated.
We record more cost of goods sold thefore our gross profit is lower making the net income fewer as well.
In overall utilization ratio it takes all the credit limits and all the credit cards. For example, all the credit limits are $1000 + $750 = $1750. and the cards is $415 + $215 = $630.
To calculate for the credit utilization ratio we divide by the total credit limits on all cards then we multiply by 100. For example,
The first and second credit cards is $415 + $215 = $630.
The first and second limits is $1000 + $750 = $1750.
To get the percentage of the overall utilization ratio we get,
$630 / $ 1750 × 100 = 36%.
