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marysya [2.9K]
3 years ago
14

Anderson Mortgage Company has decided to outsource its loan processing activities to Total Processing, Inc. Pursuant to their ag

reement, Anderson pays Total $300 per file when the loan closes and nothing for files that do not close. Is this a violation of RESPA?
Business
1 answer:
SpyIntel [72]3 years ago
3 0

Answer: No, it is not a violation of RESPA

Explanation:

No, the scenario in this question is not a violation of the RESPA conduct because there is no penalization if an organization pays an individual for the  services performed.  The RESPA violations of bribery, referrals, and the fee splitting proscription are therefore subject to the severe penalties which further includes fines and imprisonment.

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Pharoah Company purchased a new machine on October 1, 2019, at a cost of $138,000. The company estimated that the machine will h
andre [41]

Answer:

A. $29,000

B. $19,720

C. $69,000

$34,500

Explanation:

Straight line depreciation expense = (Cost of asset - Salvage value) / useful life

($138,000 - $22,000) / 4 = $29,000

Unit of activity = Cost of asset - Salvage value) / Total working hours

= ($138,000 - $22,000) / 10000 = $11.6

$11.6 × 1700 = $19,720

Double declining method = Depreciation factor × net book value

Depreciation factor = 2 × (1/useful life)

2(1/4) = 0.5

0.5 × $138,000 = $69,000

Net book value = $138,000 - $69,000 = $69,000

Depreciationexpense for the second year = 0.5 × $69,000 = $34,500

I hope my answer helps you

5 0
3 years ago
Jonathan has always been interested in computers. He consistently reads computer magazines, attends various seminars on computer
SashulF [63]

Answer:

The correct answer is:  Ongoing Search.

Explanation:

Ongoing Search is the act by which an individual gathers information about certain topics because the search itself is pleasurable for that person. This type of search is not usually carried out with the intention of getting revenues from it but it could lead the individual to get more knowledge on a certain matter.

6 0
3 years ago
Recalling the competency pyramid studied in this chapter, what is the difference between a personal competency and an academic c
EastWind [94]

Answer:

c

Explanation:

lololololoolololololol

6 0
3 years ago
High income countries with larger governments as a share of gdp have generally
Scorpion4ik [409]

Answer: High income countries with larger governments as a share of GDP have generally grown at a slower rate than the countries with smaller governments.

Explanation: Developing countries or countries with less money typically grow at a faster rate than higher income countries because returns related to capital are not as strong. In richer countries, they have higher capital and tend to grow at a slower rate.

5 0
3 years ago
You're on a social media team for a outdoors brand called Appalachia. They've decided to revitalize their Pinterest account and
Lapatulllka [165]

Inbound marketing is the process of coordinating and facilitating potential customers to find a particular company.

An outdoor brand called Appalachia can revitalize its Pinterest account and engage its customers on the platform by streamlining content creation:

  • Inbound marketing emphasizes building enduring and dependable relationships with your customers and attracting newer customers in an organic way.
  • Inbound marketing works according to three principles: attract, engage, and delight.
  • The company and its social media team would not only involve themselves in revitalizing their Pinterest account by making it more appealing and attractive to potential customers.
  • It should be equally invested in engaging with the customers through the process of content creation.
  • This could mean presenting insights into ways in which the customer chooses to buy from the company and prioritizes the particular company over other options.
  • Product promotions are one way in which, using multimedia channels coupled with regular posting on the platform, customers can be attracted and engaged with.
  • Content creation tools like trends, hashtags, social media marketing, and streamlined posts can be utilized for this objective.

Therefore, inbound marketing can greatly benefit from a streamlined content creation process that attracts and engages a sustained customer base of a company.

Learn more about content creation here: brainly.com/question/26476622

#SPJ4

3 0
1 year ago
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