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dimaraw [331]
3 years ago
15

Assume that houses in an area appreciate at the rate of 4 percent a year. A borrower expects to have a loan-to-value ratio of 90

percent. What is the approximate expected appreciation rate on home equity (EAHE)?
Business
1 answer:
notka56 [123]3 years ago
5 0

Answer:

The approximate expected appreciation rate on home equity (EAHE) is 40%

Explanation:

Loan to Value ratio is a term which determine the value of loan as compared to value of house. It is used to issue the loan amount on a property. The amount within the available limit is issued as a loan on the building.

Expected Appreciation rate  = Area appreciation / Home Equity ratio

Expected Appreciation rate  = Area appreciation / ( 100% - Loan to value ratio)

Expected Appreciation rate  = 4% / ( 100% - 90% )

Expected Appreciation rate  = 4% / 10%

Expected Appreciation rate  = 40%

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What is one of the largest contributors to health problems in low-income countries?
WITCHER [35]

One of the largest contributions to health problems in low-income countries is the clean water access. It is because this is the common problem in low-income countries because they don’t usually have clean water because of their standing and other factors that create this problem and by that, this is the largest contributions that are used a project or contribution given by other counties to help the low-income countries experiencing this type of crisis.

6 0
4 years ago
Purdum Farms borrowed $14 million by signing a five-year note on December 31, 2017. Repayments of the principal are payable annu
Korolek [52]

Answer and Explanation:

The amount that should be reported as the current liabilities and long term liabilities is shown below:

The borrowed amount is $14 million

And, the installments is of $2.8 million each

He makes the first payment and then made the balance sheet

So, the current liability amount is $2.8 million

And, the long term liability amount is ($2.8 × 3 years) $8.4 million

So the same would be considered and relevant too

7 0
3 years ago
In the competitive sports drink market, Gatorade pays very close attention to the activities of Powerade, a major __________ com
cricket20 [7]

Answer:

c. Brand competitor

Explanation:

Brand competitor -

It refers to the fued or competitive situation between any two companies or organization , producing similar types of goods and services , is referred to as brand competition.

Since , both the companies are always targeting each other .

Both the companies tries to adapt new and innovative method for their goods and services , in order to have better hand on the product .

Hence , from the given scenario of the question ,

The correct option is c. Brand competitor .

7 0
3 years ago
Exhibit 34-1 Country A Country B Good X Good Y Good X Good Y 90 0 30 0 60 30 20 20 30 60 10 40 0 90 0 60 Refer to Exhibit 34-1.
dmitriy555 [2]

Answer:

c. 2 units of Y.

Explanation:

Country A                                   Country B

Good X        Good Y                  Good X        Good Y

90                 0                            30                 0

60                30                           20                20

30                60                           10                 40

0                  90                           0                   60

Country B's opportunity cost to produce 10 units of X is 20 units of Y, therefore the opportunity cost to produce 1 unit of X is 2 units of Y (= 20 / 10 = 2).

Opportunity costs are the extra costs or lost benefits from choosing one activity or investment over another alternative. In this case, if Country B decides to produce 10 units of X, it will lose 20 units of Y.

4 0
3 years ago
On December 31, 2012, Albacore Company had 300,000 shares of common stock issued and outstanding. Albacore issued a 10% stock di
slamgirl [31]

Answer:

Option (D) 327,000

Explanation:

Data provided in the question:

Shares of common stock issued and outstanding = 300,000

Stock dividend issued = 10%

Shares of common stock reacquired as treasury stock = 12,000

Duration from June 30, 2013 to September 30, 2013 = 3 months

= 0.25 years

Now,

Appropriate number of shares to be used in the basic earnings per share computation for 2013 will be

= [ 300,000 × ( 1 + 0.10 ) ] - [ 12,000 × 0.25 ]

= 330,000 - 3,000

= 327,000

Hence,

Option (D) 327,000

6 0
3 years ago
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