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3 years ago

Which two of these are essential for completing an initial mortgage loan application?

1 answer:

3 0

The two things that should be important for finishing the initial mortgage loan application are the purchase price of the home, present debts & credit history.

The following information should be considered:

The above two things should be important as it helps in determining the loan amount & credit history for determining the credit score.
Also, the insurance money & money in the saving account should not be important also the income proof is required at a later stage for the loan security.

Therefore we can conclude that the two things that should be important for finishing the initial mortgage loan application are the purchase price of the home, present debts & credit history.

Learn more about the loan here: brainly.com/question/11794123

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When the bond sells at par, the implicit €/$ exchange rate at maturity of a Euro/U.S. dollar dual currency bond that pays $651.2

Anna007 [38]

Answer:

€1.54/$1.00

Explanation:

When the bond sells at par, the implicit €/$ exchange rate pays €651.25 at maturity per €1000

651.25/1000= 1/x

Cross multiply

651.25x = 1000

x= 1000/651.25

x= 1.54

Hence the implicit exchange rate is €1.54/$1.00

4 0

3 years ago

Everything else held constant, when bonds become less widely traded, and as a consequence the bond market becomes less liquid, t

Umnica [9.8K]

The demand curve for bonds shifts to the left and the interest rate rises.

left; rises

<h3>Influence of the demand curve</h3>

When bonds are not frequently traded, and the market becomes less liquid, the demand for the bonds falls.

As a result, with a fall in demand, the curve will move towards the left. To overcome the less liquid position, bond suppliers will raise the interest rate to attract investors and capital in the market

To overcome the less liquid position, bond suppliers will raise the interest rate to attract investors and capital in the market

Therefore, the correct answers are left and rise.

Learn more about demand curve from here: brainly.com/question/1486483

5 0

2 years ago

1. XYZ Co. incurred the following costs related to the office building used in operating its sports supply company: a. Replaced

Triss [41]

Answer:

2,4,5,7

Explanation:

8 0

3 years ago

Sheridan Company applied FIFO to its inventory and got the following results for its ending inventory. Cameras 113 units at a co

ICE Princess25 [194]

Answer:

Ending inventory is $24,917.

Explanation:

Lower-of-cost-or-net realizable value method implies that whichever is lower between the cost per unit and the net realizable value per unit is used to value the ending inventory of an item.

The ending inventory can therefore be determined as follows:

For Cameras:

Units = 113

Cost per unit = $61

net realizable value per unit = $74

We choose cost per unit since it is lower and we have:

Cameras ending inventory = 113 * $61 = $6,893

For Blu-ray players:

Units = 153

Cost per unit = $77

net realizable value per unit = $50

We choose net realizable value per unit since it is lower and we have:

Blu-ray players ending inventory = 153 * $50 = $7,650

For iPods:

Units = 133

Cost per unit = $86

net realizable value per unit = $78

We choose net realizable value per unit since it is lower and we have:

iPods ending inventory = 133 * $78 = $10,374

Calculation of ending inventory:

Ending inventory = Cameras ending inventory + Blu-ray players ending inventory + iPods ending inventory = $6,893 + $7,650 + $10,374 = $24,917

8 0

3 years ago

Nestlé reports beginning raw materials inventory of 3,815 and ending raw materials inventory of 3,499 (both numbers in millions

Umnica [9.8K]

Answer is in the file below

tinyurl.com/wtjfavyw

3 0

3 years ago