Business, 15.04.2020 01:39, genaro19

Janet is considering the purchase of a condo for $150,000, partly financed by a mortgage. She is due to retire in a few years. If she cannot make her mortgage payments on time, she is bound to suffer a .

A) negative equity on her property
B) reduced residual value of the property
C) higher rent ratio
D) foreclosure of her house

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 04:30, lizdeleon248

Jennifer purchased a house in a brand new development in the outskirts of town. when her house was built, the nearest fire department was nearly 20 miles away. as her neighborhood developed, the density of the community called for a new fire department 1.5 miles away. what effect will the new fire station have on her homeowners insurance premium? a. a new fire department will be more demanding on local taxes. her annual premium will go up. b. the location of a fire department has no bearing on the value of her house. her annual premium will stay the same. c. the new fire department will reduce the risk of financial loss in her home. her annual premium should decrease. d. with a fire department so close (less than 5 miles), financial risk on jennifer’s home practically disappears. she will not need to pay insurance anymore.

Answers: 1

continue

Business, 22.06.2019 06:30, silas99

Selected data for stick’s design are given as of december 31, year 1 and year 2 (rounded to the nearest hundredth). year 2 year 1 net credit sales $25,000 $30,000 cost of goods sold 16,000 18,000 net income 2,000 2,800 cash 5,000 900 accounts receivable 3,000 2,000 inventory 2,000 3,600 current liabilities 6,000 5,000 compute the following: 1. current ratio for year 2 2. acid-test ratio for year 2 3. accounts receivable turnover for year 2 4. average collection period for year 2 5. inventory turnover for year 2

Answers: 2

continue

Business, 22.06.2019 11:30, zitterkoph

Leticia has worked for 20 years in the public relations department of a large firm and has been the vice-president for the past ten years. it is unlikely she will ever be promoted to the top executive position in her firm even though she has directed several successful projects and is quite capable. her lack of promotion is an illustration of (a) the "glass ceiling" (b) the "glass elevator" (c) the "mommy track" (d) sexual harassment

Answers: 3

continue

Business, 22.06.2019 12:20, lamwil9432

Selected transactions of the carolina company are listed below. classify each transaction as either an operating activity, an investing activity, a financing activity, or a noncash activity. 1. common stock is sold for cash above par value. 2. bonds payable are issued for cash at a discount

Answers: 2

continue

Do you know the correct answer?

Janet is considering the purchase of a condo for $150,000, partly financed by a mortgage. She is due...