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masya89 [10]
3 years ago
15

When buying a home, the lender may hold money in an escrow account to pay _____. A. Attorney’s fees b. Origination fees c. Pro

perty taxes d. Title insurance.
Business
1 answer:
natka813 [3]3 years ago
7 0

Considering mortgage finance analysis, when buying a home, the lender may hold money in an escrow account to pay "<u>property taxes</u>."

<h3>What is an escrow account?</h3>

An escrow account is a specially made account in which it is used to manage your mortgages.

An escrow account is a form of savings account whereby mortgage service providers help manage on behalf of the escrow account holder

<h3>Money from the Escrow Account can be used to pay the following fees or charges:</h3>

  • Property taxes
  • Homeowners insurance
  • Mortgage insurance premiums

Hence, in this case, it is concluded that the correct answer is option C. "<u>Property Taxes."</u>

Learn more about the escrow account here: brainly.com/question/2312030

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The straight-line depreciation method and the double-declining-balance depreciation method: Multiple Choice Are acceptable for t
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Answer:

The straight-line depreciation method and the double-declining-balance depreciation method:

Produce the same total depreciation over an asset's useful life.

Explanation:

The straight-line and the double-declining-balance depreciation methods are two of the four depreciation methods allowed by US generally accepted accounting principles (GAAP).  The other two methods are sum of the years' digit and units of production.  The straight-line method is calculated by subtracting the salvage value from the asset's cost and either dividing the depreciable amount by the number of years or applying a fixed rate on the depreciable amount.  For the double-declining-balance method, 100% is divided by the number of years of the asset's useful life and then multiplying by 2 to obtain the depreciation rate.  Depreciation expense is then calculated on the declining balance until the salvage value is left.  This is why they produce the same depreciation over the asset's useful life.

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The Nordstrom department store chain emphasizes the great lengths to which it goes in customer service. In fact, when it moves i
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21

Explanation:

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3 years ago
Read 2 more answers
Cromwell's Interiors is considering a project that is equally as risky as the firm's current operations. The firm has a cost of
mario62 [17]

Answer:

Cost of capital = 12.40%

Explanation:

given data

cost of equity = 15.4 percent

pretax cost of debt = 8.9 percent

debt-equity ratio = 0.46

tax rate = 34 percent

to find out

What is the cost of capital for this project

solution

first we get Equity multiplier that is express as

Equity multiplier = 1 + debt-equity ratio  ..................1

put here value

Equity multiplier = 1 + 0.46

Equity multiplier = 1.46

and

Weight of equity will be

Weight of equity = \frac{1}{Equity\ multiplier}    ....................2

put here value

Weight of equity = \frac{1}{1.46}

Weight of equity =  0.6849

and

Weight of Debt will be here

Weight of Debt = 1 -  weight of equity    ...........................3

put here value

Weight of Debt =  1 - 0.6849

Weight of Debt =   0.3151

so

Cost of capital will be here as

Cost of capital = Weight of Debt  × pretax cost of debt ×  (1- tax rate )  + cost of equity ×  Weight of equity    .....................4

put here value we get    

Cost of capital = 0.3151 × 8.9% × (1 - 0.34) + 15.4% × 0.6849

Cost of capital = 12.40%

7 0
3 years ago
A local ice-cream parlor has 100 customers in the "rush" hour between 5PM and 6PM (assume that the customers arrive according to
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Answer: 36 seconds.

Explanation:

Based on the information given in the question, the Taktzeit for the ice-cream scoopers will be calculated thus:

First and foremost, Taktzeit refers to the time taken between the beginning of production for one unit and the beginning of the next unit.

From the information given, the available Time is 1 hour which can be converted to secunds and this will be:

1 hour = 3600 seconds

Hourly Demand = 100

Then, the takzeit will be:

= 3600/100

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