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3 years ago

A mortgage is a legal agreement between a borrower and a

Business

2 answers:

Karo-lina-s [1.5K]3 years ago

8 0

A mortgage is a legal agreement between a borrower and a lender.

The mortgage loan agreement sets the terms of the contract between a lender and a borrower: it gives the borrower access to the money but also grants the lender the right to take possession of the mortgaged property if the borrower does not pay the loan's installments.

djyliett [7]3 years ago

7 0

Lender
which is usually the bank

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With a regressive tax system, as the level of income increases in an economy, the average tax rate will:  A. Increase B. Decreas

Ostrovityanka [42]

Answer:

The correct answer to the following question is option B) decrease.

Explanation:

Regressive tax is that of tax which is imposed in such manner that when the income level in the economy increases , the average tax rate would decrease. This type of tax has heavy burden on the low income people as it takes high proportion of their income. So it can be said here that there is an inverse relationship between tax payer's ability to pay ( which can be measured in income , assets or consumption) and the tax rates imposed.

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3 years ago

The application of multiple regression analysis to a data set yields an F statistic that is highly significant and t ratios that

dolphi86 [110]

Answer:

(B) multicollinearity is present.

Explanation:

Multicollinearity -

It is the process where , one of the predictor variable in the multiple regression model can be linearly predicted from the others with the substantial degree of accuracy , is known as multicollinearity or collinearity .

<u>In this case , the coefficient estimated of the multiple regression can change erratically for even a small change in the model .</u>

hence , from the question , the indication is of (B) multicollinearity is present .

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3 years ago

Long-term investments tie up money for

Nezavi [6.7K]

Answer:Long-term investments tie up money for More than one year.

One reason why individuals focus on long-term investments is to save for retirement.

A(n) 401(k) allows both employees and employers to contribute to a retirement plan.

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3 years ago

To figure out what type of tests you are best at, you should

RUDIKE [14]

Take a small quiz of each subject and have someone grade it and then you will know the answer to your question

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3 years ago

Read 2 more answers

Activity Rates and Activity-Based Product Costing Hammer Company produces a variety of electronic equipment. One of its plants p

Lunna [17]

Answer:

1. Overheads rate per activity

Setup = $4,100 per setup

Machining = $120 per machine hour

Engineering = $60 per engineering hour

Packing = $0.30 per packing order

2. Cost per unit

Deluxe = $162.60

Normal = $53.675

Explanation:

As for the provided information:

We have,

Different activities as follows:

Setups = $2,050,000

Total setups = 300 + 200 = 500

Rate = $2,050,000/500 = $4,100 per setup

Machining = $48,000,000

Total machine hours = 100,000 + 300,000 = 400,000

Machine hour rate = $48,000,000/400,000 = $120 per machine hour

Engineering = $9,000,000

Total engineering hours = 50,000 + 100,000 = 150,000

Rate per hour = $9,000,000/150,000 = $60 per hour

Packing = $150,000

Packing orders = 100,000 + 400,000 = 500,000

Rate per hour = $150,000/500,000 = $0.30 per order

2. Calculating per product cost

Particulars Deluxe Normal

Setup Cost

In 3:2 ratio $1,230,000 $820,000

Machining Cost

In 1:3 ratio $12,000,000 $36,000,000

Engineering cost

In 1:2 ratio $3,000,000 $6,000,000

Packing Cost

In 1:4 Ratio $30,000 $120,000

Therefore total cost for each printer

$16,260,000 $42,940,000

Number of units 100,000 800,000

5 0

3 years ago