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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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swenson Saws produces bows, frame, dovetail, and tenon saws used by craft furniture makers. During an 8-hour shift, a saw is pro

RUDIKE [14]

Answer:

Given: Total shift time = 8 hours = 8 * 60 = 480 minutes

time required for production of one saw = 6 minutes

Demand for Bow saw = Demand for frame saw = Demand for dovetail saw = 1/2 * Demand of Tenon saw

a) Mixed model schedule:

Mixed model schedule

Product no. per batch

Bow Saw 1

Frame Saw 1

Dovetail Saw 1

Tenon Saw 2

Total 5

Therefore 2 Tenon Saw, and each bow, frame, and dovetail saws will be produced before the cycle is repeated.

b) 2 Tenon Saw, 1 bow, 1 frame, and 1 dovetail saws will be produced under production sequence for one unit production.

The length of cycle will be 5*6=30 minutes i.e. the cycle will repeat once in 30 minutes for 8 hours means totally it will repeat 16 times during one shift.

c) Number of saws Swenson produce in one shift = Number of Bow saw Swenson produce in one shift + Number of Frame saw Swenson produce in one shift + Number of Dovetail saw Swenson produce in one shift + Number of Tenon saw Swenson produce in one shift

Explanation:

7 0

1 year ago

Read 2 more answers

Assume that the demand for tuna in a small coastal town is given by p = 400,000 q1.5 , where q is the number of pounds of tuna t

oee [108]

Answer:

(a) p = $ per lb

p = $2.12 per lb

(b) q = lb (c)

q = $23320

Explanation:

p=750000/q^1.5=>

p'=-1125000q^(-2.5)<0 always

=>p is decreasing with the

increasing of q. So q should take

the allowable least value=5000.

(a) the charge= 750000/(5000)^1.5= $2.12/lb

(b)The max. revenue=

q = lb (c) = 2.12(5000)= $23320

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2 years ago

Walmart started the month with 60 pairs of jeans purchased from a jeans manufacturer (the only earlier production stage.) Walmar

viva [34]

Answer:

Value added income = $75

Consumption Expenditure = $675

investing spending = 0

GDP is = $675

Explanation:

given data

jeans purchased = 60 pairs

paid = $10 for each pair

sold = 45 pairs

sold = $15 each

solution

we get here first Value added income Walmart that is express as

Value added income = value of sold - value of bought ..............1

Value added income = (15 × 45) - (10 × 60 )

Value added income = $75

and

Consumption Expenditure will be

Consumption Expenditure = (15 × 45)

Consumption Expenditure = $675

and

investing spending will be = 0

because here in this month no more investment is done

and

GDP will be final value of goods sold at month end is

GDP is = $675

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1 year ago

in a recent survey, it was observed that many asian youths have started watching american sitcoms. Moreover, they have started a

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Cultural adaption is a god answer

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2 years ago

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Hanover Tech is currently an all-equity company that has 145,000 shares of stock outstanding with a market price of $22 a share.

ICE Princess25 [194]

Answer:

The correct answer is $2.005 million.

Explanation:

According to the scenario, the given data are as follows:

Outstanding shares = 145,000

Market price = $22 per share

Debt = $1.5 million

Tax rate = 21%

So, Equity = 145,000 × $22 = $3,190,000

Debt = $1,500,000 × 21% = $315,000

So, Value = Equity + debt

= $3,190,000 + $315,000

= $3,505,000

So, we can calculate levered value of equity by following formula:

Levered value of equity = Total value - debt

= $3,505,000 - $1,500,000

= $2,005,000

6 0

1 year ago