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2 years ago

What is the final printed version of the loan application called?

1 answer:

7 0

<span>The final, printed version of the loan application is called the unfirom residential loan application or the 1004 mortage application form. This application is a five page application that the lender helps the borrower(s) fill out before making the purchase offical. All people that are going to be on the loan must fill out the form with all necessary information. </span>

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Hampton Industries had $61,000 in cash at year-end 2017 and $27,000 in cash at year-end 2018. The firm invested in property, pla

Vaselesa [24]

Answer:

Cash flow from operating activities = ($34,000)

Explanation:

Cash flow statement has three levels of activity. These are-

a) Cash flow from operating activities;

b) Cash flow from investing activities;

c) Cash flow from financing activities;

By adding up those three activities, we can get the changes in cash at the end of the period. Or, we can find the cash amount which is shown in the Balance sheet.

Since, cash flow from investing and financing activities are given, we need to calculate the cash flow from operating activities.

We know, Cash flow from operating activities

+ Cash flow from investing activities

+ Cash flow from financing activities

= Changes in cash

Again, Changes in cash = Cash at the ending period - Beginning cash

Putting the values,

Cash flow from operating activities + ($150,000) + $150,000 = $27,000 - $61,000

Cash flow from operating activities = ($34,000)

<em>Note: Brackets indicate "minus".</em>

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2 years ago

The market for fertilizer is perfectly competitive. Firms in the market are producing output but are currently making economic l

Kobotan [32]

I am not sure what are you asking please explain more

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2 years ago

Read 2 more answers

Uniform Supply accepted a $4,800, 90-day, 10% note from Tracy Janitorial on October 17. If the note is dishonored, but Uniform S

Vesna [10]

Answer:

Check the explanation

Explanation:

Solution: Journal entry for the purpose would be:

Cash A/c. Dr. 4920

Interest Revenue 20

Interest Receivable 100

Note Receivable. 4800

(Being due amount on note along with the interest collected)

Note:

Total interest on Note= 4800 x 10% x90/ 360 days

= $120

Interest accrued in previous year=$ 120 x 2.5/3 =$ 100

(i.e. represent in entry by way of interest receivable)

Interest income for current period =$(120-100)=$20

Assumed: Financial year ended on December 31st.

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2 years ago

Consider the population consisting of all computers of a certain brand and model, and focus on whether a computer needs service

Dvinal [7]

Answer:

Based on selecting a sample of 300 computers The probability questions are follows

1. . What is the probability that no computer needs service within the warranty period?

2 . What is the probability that more than half of the computers that are sampled will need warranty period?

3. What is the expected number of computers fail before the warranty period?

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2 years ago

(18.20) the coach of a college men's soccer team records the resting heart rates of the 27 team members. you should not trust a

drek231 [11]

Answer:

Explanation:

The coach of a college men’s soccer team records the resting heart rates of the 27 team members. You should not trust a confidence interval for the mean resting heart rate of all male students at this college based on these data because;

(a) with only 27 observations, the margin of error will be large.

(b) heart rates may not have a Normal distribution.

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2 years ago