Answer:
Reverse annuity mortgage
Explanation:
A reverse annuity mortgage can be defined as a loan that is been secured against the value of a person home or an individual home reason been that It allows and enables that individual to cash in some of his or her home's equity, without having to sell them or move out.
In another word REVEREE ANNUITY MORTGAGE can be seen a type of mortgage which occured when a homeowner's equity is been gradually depleted due to some series of payments from the mortgage holder to the homeowner which is why this type of mortgage is often used by people that are elderly homeowners who wish and desire to convert or turn all the equity in their homes into a stream of income that will serve as their retirement income payments.
Answer: Annual rate of return = 21.89%
Explanation:
Given that,
Expected increase in annual revenues by = $140000
Expected increase in annual expenses by = $88,000 including depreciation
Cost of oil well = $465,000
salvage value at the end of its 10-year useful life = $10,000
Expected Income = Expected increase in annual revenues - Expected increase in annual expenses
= 140000 - 88000
=$52000
Average investment =
= $237500
Annual rate of return =
=
= 21.89%
Answer:
Option (b) is correct.
Explanation:
Given that,
Balances at June 30, the end of the fiscal year:
Sales = $10,800
Sales Returns and Allowances = $400
Sales Discounts = $200
Cost of Goods Sold = $5,000
Net sales for the month:
= Sales - Sales Returns and Allowances - Sales Discounts
= $10,800 - $400 - $200
= $10,200
Therefore, the net sales for the month of June is $10,200.
Answer: Corporate - Level Plan
Explanation: Corporate level planning entails reviewing the current strategy of a business in order to determine the company's long term goals. This is done by senior management, the owners of the company and its shareholders. Because this plan looks at the business as a whole, encompssing all of its departments and divisions, this plan also confirms in which markets the business can enter in and why. In this case SynVens aims to be the first or second in market share in the textile company within 5 years. This is the goal set by the business's highest management in accordance with their corporate level plan fo the future of the business.
Answer:
one that implements homogeneous practices across countries.
Explanation:
The process of trading across the national boundaries are said to be an international business. The business process like trading of the good and services and the process of technological and capital investment globally fall under the practice of international business. The transactions of the goods and services are practiced across the borders. Globalization is another term of international business.