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Mariulka [41]
2 years ago
11

The best way to address a borrower's questions that the notary signing agent is not allowed to answer, is to

Business
2 answers:
Svetradugi [14.3K]2 years ago
8 0
<span>The best way to address a borrower's question that the notary signing agent is not allowed to answer is to make a list of all the questions that the borrower has at the end of the signing then have then discuss it directly with the borrower for answers.</span>
Andre45 [30]2 years ago
5 0
The best way to handle that is to <span>Make a list of all of the questions that the borrower has at the end of the signing then have them contact the borrower for answers.
Doing this will make them able to prepare the answers beforehand and distinguish between which information they are allowed to give and which one to held.</span>
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One of your customers is delinquent on his accounts payable balance. You’ve mutually agreed to a repayment schedule of $500 per
inessss [21]

Answer:

Here we need to find the length of an annuity. We know the interest rate, the PV, and the payments. Using the PVA equation:

PVA =C({1 – [1/(1 +r)t]} /r)

$14,500 = $500{[1 – (1/1.0155)t] / 0.0155}

Now we solve for t:

1/1.0155t = 1 − {[($14,500)/($500)](0.0155)}

1/1.0155t= 0.5505

1.0155t= 1/(0.5505) = 1.817

t = ln 1.817 / ln 1.0155 = 38.83 months

<u>Account will be paid off in 38.83 months.</u>

7 0
2 years ago
The following transactions were completed by the company. The company completed consulting work for a client and immediately col
Burka [1]

Answer:

See explanation Section

Explanation:

See the image to get the appropriate answer.

7 0
2 years ago
Pharoah Company just began business and made the following four inventory purchases in June: June 1 186 units $1290 June 10 248
kherson [118]

Answer:

<u>Ending Inventory 2,092</u>

<u></u>

Explanation:

PURCHASES  

DATE QUANTY PRICE         SUBTOTAL

1       186                 $6.935484   $1,290.00

10      248                   $7.78226   $1,930.00

15      248                  $8.38710   $2,080.00

28       186                  $8.81720   $1,640.00

<em>Inventory on hand 260</em>

Using FIFO <u>we have to pick from the bottom of the table</u> until reach 240 unit.

last line: June 28th 186 units total cost 1640

<em>240 - 186 = 54 units </em>

we need 54 more units so we go to next purchase

June 15th 54 units  at 8.3810 = 542.034 = 542

Now we add to get total ending ivnentory

186 units 1640

54 units 452

<u>Ending Inventory 2,092</u>

5 0
2 years ago
Read 2 more answers
For each item below, indicate to which category of elements of financial statements it belongs. (a) Dividends select a category
notka56 [123]

Answer:

(a)  Dividends : Equity

(b) Interest receivable :Assets

(c) Issuance of preferred stock : Equity

(d) Prepaid insurance: Assets

(e) Amortization: Expenses

(f) Cost of goods sold: Expenses

(g) Accounts payable: Liabilities

(h) Cash: Assets

(i) Equipment: Assets

(j) Gain on sale of equipment: Revenues

Explanation:

The main elements of financial statements are: Assets, Liabilities, Equity , Revenues and Expenses.  

Assets are all the resources that the company has.

Liabilities are all the obligations that the company has.

Equity is the difference of subtracting the liabilities of the assets.

Revenue is the economic benefit that the company receives.

Expenses are the disbursements that the company makes.

5 0
2 years ago
Ian has five years of managerial experience with a shopping center. However, he quit his job to attend to his ailing mother. He
Iteru [2.4K]
I would say that he had an urgent family emergency. That’d he had to take care of. Hope this helps!
3 0
2 years ago
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