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Darya [45]
2 years ago
14

Were all loan proceeds used to purchase, build, or improve the home secured by this loan?.

Business
1 answer:
8_murik_8 [283]2 years ago
7 0

A loan is usually gotten from a financial institution to solve a financial emergency which was unplanned for.

<h3>What is a Loan?</h3>

This refers to the obtaining of money from a financial institution and a formal agreement is made for the repayment of the money after a given period of time and with interest.

With this in mind, we can see that loan proceeds can be used to:

  • Buy a house
  • Go on a trip, etc

Please note that your question is incomplete so I gave you a general overview to help you get better understanding of the concept.

Read more about loans ere:

brainly.com/question/25239160

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Fiona and her fellow Green Committee members are working on a proposal for improving recycling at school. What might they do to
Rus_ich [418]
They could probably make it into a game, "Whoever recycles the most gets a trip/prize??" Honestly, the only way to get kids to do things is rewards.. its the difficult truth.
7 0
3 years ago
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Gunther earned a 62.5 percent return on a stock that he purchased one year ago. The stock is now worth $12, and he received a di
saul85 [17]

Answer:

Originally pay for the stock = $8

Explanation:

Given:

Total return = 62.5%

Value of stock (after 1 year) = $12

Dividend during the year = $1

Originally pay for the stock = ?

Computation:

Total\ return = [\frac{Dividend + (Value\ of\ stock\ after\ 1\ year - Purchase\ Value)}{Purchase\ Value} ]\times 100

62.5 = [\frac{1 + (12 - Purchase\ Value)}{Purchase\ Value} ]\times 100\\\\0.625 Purchase\ Value = 1 + 12 - Purchase\ Value\\\\1.625 Purchase\ Value = 13\\\\Purchase\ Value = 8

Originally pay for the stock = $8

6 0
3 years ago
SkyChefs, Inc., prepares in-flight meals for a number of major airlines. One of the company's product is grilled salmon in dill
sveticcg [70]

Answer:

1. Standard labor-hours allowed _____ 1240

2. Standard labor cost allowed _____$ 10 540

3. Labor spending variance _____ _____ 260 unfav

4. Labor rate variance _____ _____ $ 600 unfav

Labor efficiency variance _____ _____$ 340 fav

Explanation:

SkyChefs, Inc.

1.The standard labor-hours allowed (SH) to prepare 6,200 meals

= 0.2 * 6200 = 1240

2. The standard labor cost allowed (SH x SR) to prepare 6,200 meals=

1240 * $ 8.5= $ 10 540

3. Labor Spending Variance= Labor Rate Variance + Labor Efficiency Variance

                       =600 unfav + 340 unfav = 260 unfavorable

4. Direct Labor Rate variance= (actual hours* actual rate)- (actual hours * standard rate)

Direct Labor Rate variance= (1200 *9.00)- (1200* $ 8.5)= $ 10800- $ 10200 = = $ 600 Unfav

4. Direct labor time variance= (actual hours* standard rate)- (standard hours * standard rate) = ( 1200 * $ 8.5) - ( 1240 * $ 8.5)=  10200- 10540= 340 fav

7 0
3 years ago
Does a higher GDP imply high welfare. Why?
Ainat [17]

Answer:

All economic value is subjective—free-market prices are determined by how much better off individuals believe a good or service can make them. ... So, in some sense, higher GDP should equate to greater human progress, because it means more valuable goods and services have been created.

8 0
3 years ago
A(n _______________ is an agent that elicits a stress reaction.
Phantasy [73]
A stressor is an agent that elicits a stress reaction.

There are a lot of factors that contribute to the formation of a stressor and it often really difficult to determined.

For example, if a person had the experience to be trapped in an elevator before, any form of small space and closed rooms could unconsciously became their stressor.
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