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3 years ago

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Money held by the lender to pay homeowners insurance and property taxes is put in a fund called _____. A. Closing costs b. Commi

ssion c. Escrow d. Origination Please select the best answer from the choices provided A B C D.

1 answer:

bearhunter [10]3 years ago

4 0

Answer:

pretty sure it is c. escrow

Explanation:

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During 2020, Dyrdek’s Skate Shop, Inc., had a cash flow to creditors of –$60,000 and the cash flow to stockholders for the year

sukhopar [10]

Answer:

$1,271,000

Explanation:

Calculation for What was the firm’s 2020 operating cash flow, or OCF

First step is to calculate the Cash flow from assets using this formula

Cash flow from assets=Cash flow to creditors + Cash flow to stockholders

Let plug in the formula

Cash flow from assets=–$60,000 + $70,000

Cash flow from assets = $10,000

Now let calculate the operating cash flow using this formula

Operating cash flow=Cash flow from assets-Reduction in Net working capital investment+Net capital spending

Let plug in the formula

Operating cash flow=$10,000-$59,000+$1,320,000

Operating cash flow=$1,271,000

Therefore the firm’s 2020 operating cash flow, or OCF will be $1,271,000

8 0

3 years ago

Three years ago American Insulation Corporation issued 10%, $800,000, 10-year bonds for $770,000. American Insulation exercised

My name is Ann [436]

Answer:

Explanation:

Dr Bond Payable $800,000

Dr Loss on early extinguishment $11,000

Cr Discount on bonds $21,000 (7/10 x $30,000)

Cr Cash $790,000

Supporting calculations:

*Unamortized discount calculation:

Face value of the bond 800,000

Less: issue price of the bond 770,000

Discount on bonds payable 30,000 (800,000-770,000)

Amortization of discount on bonds payable per year under straight line method (30,000/10) 3,000

Unamortized discount for the remaingg 7 years is 21,000 (7*3,000)

*Loss on early extinguishment calculation:

Face value of the bond 800,000

Less: Unamortized discount for the remaingg 7 years 21,000

Carrying value of the bonds (800,000-21,000) 779,000

Retirement price of the bonds 790,000

Loss on early extinguishment -11,000

5 0

3 years ago

Think about the videos you have watched. Why is there a need for government regulation, and what limits need to be placed on the

svetoff [14.1K]

Government regulations are necessary because they protect public safety and market fairness. For example, food safety regulations help protect consumers from pathogens that could cause widespread illness. By creating regulations, the government can make the food-borne illness less likely. However, even though these regulations are necessary, they must still meet constitutional requirements. Producers and consumers have the right to own and use property, among other constitutional rights.

7 0

3 years ago

A customer buys 100 shares of DEFF stock at $150 per share. During the first year of owning the stock, the customer receives $45

Vlad [161]

Answer:

The total return on investment for the holding period is 10.5%.

Explanation:

If the consumer bought 100 shares for a value of $ 150, obtaining after a year $ 450 total for dividends and seeing his shares go to a value of $ 161.25, to obtain the total return on investment we must perform the following calculations:

On the one hand, we have a return of $ 450 in dividends, which were paid by the total set of 100 shares, with which each share paid $ 4.50 in that concept.

In addition, we have the increase in the value of the shares, which went from $ 150 to $ 161.25, that is, an increase of $ 11.25 per share, which multiplied by the total of 100 shares gives a total sum of $ 1,125.

Thus, adding the dividends to the improvement in the value of the shares, we have a total profit of $ 1,575. Now, to determine the percentage of return that said sum represents, we must perform a cross multiplication:

15,000 = 100

1,575 = X

(1,575 x 100) / 15,000 = X

10.5 = X

So, the rate of return on this investment is 10.5% of the starting value.

4 0

3 years ago

If you have 1-year rate is 8%, 2-year rate is 9%, and 3-year rate is 10%. Assume that the pure expectations theory for the term

e-lub [12.9K]

Answer:

1 year rate 2 year from now = 12% (Approx)

Explanation:

Given:

1-year rate = 8%

2-year rate = 9%

3-year rate = 10%

Computation:

According to Pure Expectations Hypothesis,

(1 + 3-year rate)³ = (1 + 2-year rate)² (1 + 1 year rate 2 year from now)

(1.10)³ = (1 + 1.09)²(1 + 1 year rate 2 year from now)

1.331 = 1.1881 (1 + 1 year rate 2 year from now)

(1 + 1 year rate 2 year from now) = 1.12

1 year rate 2 year from now = 0.12

1 year rate 2 year from now = 12% (Approx)

3 0

3 years ago