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Vanyuwa [196]
3 years ago
3

You work for a lending institution and are tasked with whether or not to approve a home loan. all applicants are required to hav

e a 20% down payment, and the standard 28/36 ratio is used the loan application is for $230,000. you see that the applicant has an annual salary of $83,000 and a savings account balance of $50,000. the applicant also has a car payment of $315, a student loan of $140 and a boat loan of $96.
Business
2 answers:
Anna71 [15]3 years ago
7 0
<span>If you work for a lending institution and are tasked with whether or not to approve a home loan and all applicants are required to have a 20% down payment, then you will approve the loan if the recurring debt will be near to the approve or allowed.</span>
Sever21 [200]3 years ago
6 0
The answer is
.b.Somewhat likely; recurring debt is very close to what is allowed.
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Answer:

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Why do companies want employees who have good public-speaking skills
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Mark Ward is a farmer who owns land which borders on the right-of-way of the Northern Railroad. On August 10, 2007, due to the a
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Answer:

A. recognition of a loss and creation of a liability for the value of the land.

Explanation:

This is because, in the financial statement of the Railroad company, it goes to show the financial dealings which the company had within the fiscal year under review. <em>Since, the Northern Railroad Company and Mark Ward has reached an agreement, the best would be the recognition of the loss and create a liability for the value of the land in their financial statement. It will afford the investors to be aware of the assets and liability of the company at the present time.</em>

8 0
3 years ago
Which of the following jobs typically requires an associate’s degree?
nikdorinn [45]

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Answer:

See below

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