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Yuri [45]
2 years ago
9

The costs incurred before opening a business​

Business
1 answer:
True [87]2 years ago
8 0

The expenditure incurred prior to the incorporation of an enterprise is to be considered as a pre-incorporation capital expenditure. The expenditure incurred prior to the 'setting-up of business' is to be considered as a pre-operative capital expenditure.

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When a bank accepts a checkable deposit from a customer, its deposits will increase and its excess reserves will:________
worty [1.4K]

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B). increase by the same amount of deposits

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A bond with a coupon rate of 6 percent that pays interest semiannually and is priced at par will have a market price of _____ an
ipn [44]

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$1,000 and $30

Explanation:

We assume the market price or face value be $1,000

And the given coupon rate is 6% which is paid on semi annually basis

So, the interest payment is

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3 years ago
Which of the following types of berries are generally cooked before eating?
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7 0
3 years ago
Read 2 more answers
A lender estimates the closing costs on a home loan of $50,000 as listed below. If the lender's good faith estimates are accurat
maxonik [38]

Answer:

They are not a reasonable amount since the total estimated costs were $3,100 which represents 6.2% of the total mortgage loan. That number is way too high, usually closing costs are between 3-5% maximum of the mortgage loan.

Explanation:

Closing Cost                  Charge

Loan origination              $200

Title insurance                 $530

Attorney's fees                $600

Appraisal                          $265

Inspection                       $575

Recording fees               $130

Escrow                             $800

total closing costs estimated by the lender = $3,100 which represent 6.2% of the mortgage loan

7 0
3 years ago
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