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iris [78.8K]
2 years ago
10

1. Heather and Joe want the lowest interest rate for their residential mortgage. Which financial institution is designed to offe

r low interest rates on residential mortgages?
Business
1 answer:
gogolik [260]2 years ago
7 0
By definition, a mortgage is loan that is used to purchase a property. The financial institutions can are designed to offer low interest rates on residential mortgages are commercial banks and loan associations. They often lead against the one-to-four family mortgages.
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Jamie's Motor Home Sales currently sells 1,100 Class A motor homes, 2,200 Class C motor homes, and 2,800 pop-up trailers each ye
rusak2 [61]

Answer:

$46,900,000

Explanation:

Calculation for the erosion cost of adding the mid-range camper

Erosion cost = [(1,100 - 850) × $140,000] + [(2,200 -2,000) × $59,500]

Erosion cost =(250×$140,000)+(200×$59,500)

Erosion cost =$35,000,000+$11,900,000

Erosion cost = $46,900,000

Therefore the erosion cost of adding the mid-range camper will be $46,900,000

5 0
2 years ago
Elliot wants to open a checking account. He researched checking accounts at different banks near his house. List at least five b
Elena-2011 [213]
<h2>Five Benefits and Fees that may differ among account </h2>

As Elliot wants to open a checking account and is searching for best option at different bank which is near to his house. The possible benefits or fees that may differ among the checking accounts may include  

- A minimum amount of money to open an account.

- The cost/charges for a monthly statement.  

- Service charges for the local or international transaction.

- Monthly withdraw limitation, this may differ as per Elliot's age.

- An interest rate or overdraft fee charged from Elliot.

Once Elliot finds the best option he may open the checking account in the bank that suits him.

6 0
2 years ago
A practitioner is engaged to prepare a client's federal income tax return for 2017 and 2018. The practitioner files the 2017 ret
ValentinkaMS [17]

Answer:

C. An appraisal the practitioner prepared in connection with the 2017 federal income tax return.

7 0
2 years ago
Mr. Brown has a real estate company and two branch offices. He goes to the main office on Mondays and Fridays, one branch office
Ymorist [56]

Answer:

It is legal.

Explanation:

A broker is one who acts as an intermediary or agent of the principal and acts on his behalf. There is a tiny difference between real estate agent and a real estate broker even though both are agents. Real estate agents are licensed to seal

real estate transactions which they are paid

commissions(agent fees) for their sales and labour for

brokerages. Brokers are with more experience in the field and

qualified to work as independent agents or employ other agents who will work and be under their supervision. A person can work both as a principal and also as broker or agent depending on the individual's capability. Hence, the above description is legal.

7 0
2 years ago
Grey Wolf, Inc has current assets of $2,090 net fixed assets of $9,830 current liabilities of $1710 and long-termdebt of $4520.
s2008m [1.1K]

Answer:

(a) $5,690

(b) $380

Explanation:

Given that,

current assets = $2,090

Net fixed assets = $9,830

Current liabilities = $1710

Long-term debt = $4520

Total assets:

= Current assets + Net fixed assets

= $2,090 + $9,830

= $11,920

Total Liabilities:

= Current Liabilities + Long-term Debt

= $1710 + $4520

= $6,230

(a) Total assets = Total liabilities + Stockholder's equity

$11,920 = $6,230 + Stockholder's equity

$11,920 - $6,230 = Stockholder's equity

$5,690 = Stockholder's equity

(b) Net working capital:

= Current assets - Current liabilities

= $2,090 - $1,710

= $380

8 0
2 years ago
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