1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
valina [46]
3 years ago
13

A real estate broker has a computerized loan origination (CLO) terminal in her office. Because there are more than a dozen lendi

ng institutions in the city, the broker has found that the CLO greatly streamlines the application process for her clients. She sits down at the terminal with a homebuyer and these three events take place:
1. The broker explains that there is a fee for using the terminal of one-half point, based on the loan amount, and that the homebuyer may choose to finance the fee.
2. The broker explains only the different kinds of services offered by the two local lenders who pay her a monthly screen fee to be included on the CLO system.
3. The broker helps the homeowner answer the on-screen qualification questions.

Which of these events is an improper use of a CLO system?

a. 1 only
b. 2 only
c. 2 and 3
d. 1
Business
1 answer:
pashok25 [27]3 years ago
7 0

Answer:

d because d is the best answe

You might be interested in
Marcus paid $35 to buy a potato cannon, a cylinder that shoots potatoes hundreds of feet. He was willing to pay $45. When Marcus
julsineya [31]

Answer:

The question is incomplete; Determine the consumer surplus from the original purchase and the additional surplus generated by the resale of the cannon.

Marcus' consumer surplus=  $45-$35= $10

Starling's consumer surplus= $80-60= $20

Marcus'  producer surplus = $60-35 = $25

Explanation:

5 0
3 years ago
If a nation exports much of its output but imports little, will it be better or worse off? How about the reverse? What if a nati
Angelina_Jolie [31]
This is the situation of countries like Germany,

Where exports > imports...
The results is definitely good for the country. It will increase its trade surplus. This allow the country to amassed a huge number of foreign reserves which they can use to invest abroad..

While countries that import > exports, will experienced trade loss/deficit (just think it like the reverse)
8 0
3 years ago
To determine the production level, the monopolist sets marginal cost equal to price.
Vlad1618 [11]
Your answer is false.
6 0
3 years ago
The following transactions occurred during March 2018 for the Wainwright Corporation. The company owns and operates a wholesale
solong [7]

Answer and Explanation:

The Journal entry is shown below:-

1. Cash Dr, $400,000  

   To Common Stock capital $400,000

(Being cash is recorded)

2. Equipment Dr, $60,000  

     To Cash $15,000

     To Note payable $45,000

(Being equipment is recorded)

3. Inventory Dr, $122,000  

    To Accounts payable $122,000

(Being purchase of inventory is recorded)

4. Accounts receivable $170,000  

     To Sales revenue $170,000

(Being sales revenue is recorded)

Cost of goods sold Dr, $102,000  

    To Inventory $102,000

(Being cost of goods sold is recorded)

5. Rent expenses Dr, $5,500  

    To Cash $5,500

(Being rent expenses is recorded)

6. Prepaid Insurance Dr, $6,550  

     To Cash $6,550

(Being insurance is recorded)

7. Accounts Payable Dr, $102,000  

     To Cash $102,000

(Being accounts payable is recorded)

8. Cash Dr, $76,500

    To Accounts receivable $76,500

(Being cash is recorded)

9. Depreciation expenses Dr, $1,500  

    To Accumulated depreciation $1,500

(Being depreciation expenses is recorded)

6 0
3 years ago
The XYZ Corporation pays no cash dividends currently and is not expected to for the next five years. Its latest EPS was $18.00,
stellarik [79]

Answer:

current intrinsic value per stock = $26.35

Explanation:

year                      dividend              EPS

0                              0                       $18

1                               0                       $20.88

2                              0                       $24.22

3                              0                       $28.10

4                              0                       $32.59

5                              0                       $37.81

6                              $12.59              $41.97

growth rate up to year 5 = 16%

ROE growth rate starting year 6 = 11%

dividend growth rate starting year 6 = 11% x (1 - 30%) = 7.7%

cost of equity = 24%

horizon value at year 5 = $12.59 / (24% - 7.7%) = $77.24

current intrinsic value per stock = $77.24 / 1.24%⁵ = $26.35

4 0
3 years ago
Other questions:
  • Debbie is a Financial Planner and charges her clients on a commission basis. For a particular month, Debbie makes three deals of
    10·2 answers
  • A company that makes baseball caps is underutilizing its resources. what does this mean?
    13·2 answers
  • __________ is a strategy based on the use of IT to reduce the costs associated with the product assembly process or the way serv
    12·1 answer
  • The vigor of IPR protection is highly related to a country's stage of ________.A) economic developmentB) cultural heterogeneityC
    10·1 answer
  • Contribution margin means: what remains from total sales after deducting fixed expenses. what remains from total sales after ded
    8·1 answer
  • Which federal regulatory agency would most likely bring a civil suit against a business that broke securities laws?
    13·2 answers
  • What happened to the real estate market in the years between 2000 and 2008? What was the result of changes in the real estate ma
    10·1 answer
  • Which of the following statements about annuities are true?
    8·1 answer
  • True or false? if prospects can get the answers to their questions and see themselves as characters in your story, they’ll be mo
    7·1 answer
  • shanghai company sells glasses, fine china, and everyday dinnerware. it uses activity-based costing to determine the cost of the
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!