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2 years ago

Builder Monty must secure a loan with mortgages on five different lots. What type of loan will he need?

Business

2 answers:

Zielflug [23.3K]2 years ago

8 0

Answer:

B. Blanket loan

Explanation:

According to my research on the different types of loans provided by banks, I can say that based on the information provided within the question the type of loan that Monty will need is called a Blanket Loan. This is because this is a type of loan that is given by a bank in order for an individual to be able to buy multiple pieces of real estate

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

antiseptic1488 [7]2 years ago

6 0

Answer:

B) Blanket loan

Explanation:

A blanket mortgage is used to either buy more than one real estate property or to obtain an equity loan using more than one real estate property as collateral.

In this case, Builder Monty appears to be a construction company that wants to start building houses (or other type of residences) and needs money to do it. Usually when builders need money they will use some real estate property that they already possess and use it as collateral for an equity loan.

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Sun Co. was constructing fixed assets that qualified for interest capitalization. Sun had the following outstanding debt issuanc

inessss [21]

Answer:

the interest rate that should be determined the capitalized interest is 8.57%

Explanation:

The computation of the interest rate that should be determined the capitalized interest is shown below;

= $6,000,000 ÷ ($6,000,000 + $8,000,000) × 0.08 + $8,000,000 ÷ ($6,000,000 + $8,000,000) × 0.09

= 0.0857

= 8.57%

Hence, the interest rate that should be determined the capitalized interest is 8.57%

The same would be considered

7 0

1 year ago

According to research, a majority of adolescents' favorite computer games involve

Lelechka [254]

According to research, a majority of adolescents favorite computer games involve violence.
Computer games such as Quake II and Doom involves the illustration of extreme violence. The majority of the adolescents favorite the computer games that involve violence because violent games have proven to be so famous. Young people are already at risk for violent behavior because of the influence of computer games and media.

4 0

2 years ago

Johnson is appraising two parcels of property. One is leased to the government for use as a post office; the other is leased to

Arada [10]

Answer:

Lower.

Explanation:

The capitalization rate is mainly used in real estate and is a measure of the rate of return on a property, based on the net operating income it is expected to generate.

Johnson in appraising two parcels of property, leased one to the government for use as a post office while the other parcel of property, is leased to a private owner for use as a hardware store. Having the knowledge that the parcels have recently started long-term leases. The capitalization rate of the post office property used by the government as compared to the capitalization rate of the hardware store property used by the private owner will be lower.

The capitalization rate of the post office property would be lower because, real-estate investors will not expect much returns on the investment as it's a less risky investment. The post office is less likely than a hardware store to run out of business or go bankrupt by virtue of being a governmental agency or public company.

Hence, the hardware store will need a higher capitalization rate in comparison with post office property.

4 0

2 years ago

Portfolio diversification eliminates: Multiple Choice all investment risk. the portfolio risk premium. market risk. unsystematic

kaheart [24]

Answer:

Unsystematic risk

Explanation:

<em>The portfolio theory posits that the total risk on a collection of assets (i,e a portfolio) can be reduced by spreading the invested fund into different assets that are uncorrelated.</em>

<em>According to this model, the total risk on a portfolio is divided into systematic and unsystematic risks. The theory assumed by diversification, the unsystematic risk associated with a portfolio is eliminated.</em>

Unsystematic risk essentially are those unique individual assets for example. if we invest in company stock, risk associated with factors like bad management , law suit against a company, defect in company;s products are example of unique or systematic risks

7 0

2 years ago

The Wei Corporation expects next year’s net income to be $15 million. The firm is currently financed with 40% debt. Wei has $12

Sophie [7]

Answer:

52%

Explanation:

Before diving into the use of residual distribution model, first, let us specify what our Total Investment required, Equity, Next year net income is:

Total Investment Required = 12,000,000

Equity = 12,000,000 × (1 - 40%) = 7,200,000

Next Year Net income = 15,000,000

Using the residual distribution model , we can specify that,

Retention Amount of Net income = Equity required = 7,200,000

and,

Dividend Distribution = Net income - Retention Amount of Net income

==> Dividend Distribution = 15,000,000 - 7,200,000

==> Dividend Distribution = 7,800,000

Therefore,

Payout ratio = Dividend Distribution ÷ Net income

==> Payout ratio = 7800000 ÷ 15000000 = 0.52

Therefore, the Payout ratio for next year will be 52%

8 0

2 years ago