Which of the following is a short hand, method of displaying journal entries and balances, general ledger, T accounts, natural balance, general journal

Answers

Answer 1

The short hand, method of displaying journal entries and balances is  T accounts.

What is T accounts?

A collection of financial records that employ double-entry accounting are referred to informally as T-accounts. Because of the way the bookkeeping entries are organized, the account is known as a T-account. Just above the T, the account title may be seen.

Ledger account is another term for a T account. In asset accounts, the debit (left) side is always a sign of an increase and the credit (right) is always a sign of a decline. Cash, inventories, and accounts receivable are a few examples of asset accounts.

Therefore, option B is correct.

Learn more about journal entries at:

https://brainly.com/question/14279491

#SPJ1


Related Questions

why do all managers and supervisor need the skill and knowledge of human resource management​

Answers

The managers and supervisor need the skill and knowledge of human resource management​ because, by these skills, they can handle the people aspect of their roles.

What is management?

As the word management defined as, In order to achieve in demand goals and objectives, someone or group of people must be contested and managed, according to the concept of administration.

As by having the skill and knowledge of human resource management​, the managers and the supervisors can easily deal with the team they know their strength as well weakness.

Therefore, As a result, by having the skills they can work in effective manner.

Learn more about the management here:

brainly.com/question/29023210

#SPJ9

It is frequently the companies rather than courts or legislatures that are defining the privacy rights of their online users. T/F.

Answers

Answer: true

Explanation:

no

in monopolistic competition, compared to a firm with higher marginal cost, a firm with lower marginal cost will set a____price, produce output, and earn _____profits.

Answers

In monopolistic competition, compared to a firm with a higher marginal cost, a firm with a lower marginal cost will set a lower price, produce more output, and earn higher profits.

Why is profit so high in a monopolistic firm compared with a competitive firm?

A monopolist's desire to maximize profits is one of its traits. A monopolist can regulate the price and the quantity required because there is no competition in a monopolistic market. By equating a monopoly's marginal cost and marginal revenue, the level of output that maximizes profit can be determined.

The markup is the distinction between the price and the marginal cost. A perfect competition structure has a price that is equal to the marginal cost, hence there is no markup. Although the price is always higher than the marginal cost, monopolistic competition does, however, result in a product markup.

Learn more about the monopolistic competition  here:

https://brainly.com/question/29407851

#SPJ1

EOQ Practice
Demand for item A is 40 units/week. You buy the item from a
supplier at a cost of $2.50/unit. The order cost is $80/order.
At present, you order 600 units at a time. If the annual
holding cost is 18% of item cost and the item is sold 50
weeks/year. Calculate the following:
. What is the total annual inventory cost at your current
order quantity of 600?
• What is the EOQ-i.e., the order quantity that minimizes
total annual cost?
• What is the total annual cost for the EOQ?

Answers

The total annual inventory cost is $1335, the EOQ that minimize the annual cost is $4000.05 and the total annual cost for EOQ is $1426240.05

What is the total annual inventory cost at current order quantity of 600

a.

To calculate the total annual inventory cost at the current order quantity of 600, we first need to calculate the annual ordering cost and the annual holding cost:

Annual ordering cost: Since the demand is 40 units/week and the order quantity is 600 units, we will place 600/40 = 15 orders per year. So the annual ordering cost is 15 * $80 = $1,200.

Annual holding cost: The holding cost is 18% of the item cost, which is 18% * $2.50 = $0.45 per unit per year. The average inventory level is half of the order quantity (600/2 = 300 units). So the annual holding cost is 300 * $0.45 = $135.

Therefore, the total annual inventory cost at the current order quantity of 600 is $1,200 + $135 = $1,335.

b

To calculate the EOQ (economic order quantity), we can use the following formula:

EOQ = sqrt((2 * annual demand * ordering cost) / annual holding cost)

Plugging in the values, we get:

EOQ = sqrt((2 * 40 * 50 * $80) / $0.45) = 711111.11

So the EOQ is 711111 units (rounded up).

To calculate the total annual cost for the EOQ, we need to calculate the annual ordering cost and the annual holding cost at the EOQ:

Annual ordering cost: Since the demand is 40 units/week and the EOQ is 711111 units, we will place 711111/40 = 17777.77 orders per year. Rounded up to 17778 orders, the annual ordering cost is 17778 * $80 = $1422240.

Annual holding cost: The holding cost is still $0.45 per unit per year, but the average inventory level is half of the EOQ (17778/2 = 8889 units). So the annual holding cost is 8889 * $0.45 = $4000.05.

c.

Therefore, the total annual cost for the EOQ is $1422240 + $4000.45 = $1426240.05

Learn more on EOQ here;

https://brainly.com/question/26814787

#SPJ1

9. Sample size for an interval estimate of a population proportion
Suppose the Council of Economic Advisers is conducting a study to estimate the proportion of U.S. households that are eligible for the earned income tax credit. The project manager desires a 0.05 margin of error at 99% confidence. The planning value for p is p* = 0.13.
Use the following Distributions tool to help you answer the question that follows.
To satisfy the desired margin of error, a sample size no smaller than ______ is needed.

Answers

A sample size no smaller than 1454 is needed to satisfy the desired margin of error.

What is margin of error?

Margin of error is a measure of the uncertainty associated with an estimate of a population parameter, such as a mean, proportion, or percentage. It is typically expressed as a percentage of the estimate and is derived from the standard error of the statistic, the sample size, and the confidence level. Margin of error provides an indication of the range of values that a statistic might have if the same sample were to be repeated multiple times.

The required sample size can be calculated using the formula n = (zα/2/E)2p*(1-p*), where zα/2 is the critical value for a 99% confidence level (2.576), E is the desired margin of error (0.05), and p* is the planning value for the population proportion (0.13). Plugging in the given values, we get:
n = (2.576/0.05)2*0.13*(1-0.13)
n = 1453.9
Therefore, a sample size no smaller than 1454 is needed to satisfy the desired margin of error.

To learn more about margin of error
https://brainly.com/question/30355854
#SPJ1

10. Decisions made by top managers involving strategy, such as signing mergers or making acquisitions, are examples of _____ decisions.
a. frequent
b. nonprogrammed
c. structured
d. operational
e. programmed

Answers

Decisions made by top managers involving strategy, such as signing mergers or making acquisitions, are examples of nonprogrammed decisions.

What three categories exist for decision-makers?

Based on the level at which they occur, decision-making can also be divided into three categories. The direction of an organization is decided upon strategically. Decisions about how something will be accomplished are considered tactical. Finally, operational decisions are choices that staff members make every day to manage the company.

What are the three different kinds of decisions that are typically made in the context of a business?

The three decision-making processes—strategic, tactical, and operational—are supported by business intelligence.

What are decision-making of types 1 and 2?

Category 1 decisions are final choices that cannot be modified after being carried out. They therefore demand serious consideration. Reversible judgments fall within the category of type 2. You have the option to modify them even after execution.

To Know more about company.

https://brainly.com/question/30532251

#SPJ1

two examples of non tax income​

Answers

Non-tax income refers to any income that is not subject to taxation. Here are two examples:

1   Interest earned on tax-exempt bonds: Interest earned on certain bonds, such as municipal bonds, is exempt from federal income tax. This means that the income generated from these bonds is not subject to taxation, making it a form of non-tax income.

2  Gifts and inheritance: Money received as a gift or inheritance is not considered taxable income by the recipient. However, the giver or estate may be subject to gift or estate taxes, respectively, if the gift or inheritance exceeds a certain threshold.

cash flows occurring in different periods should not be compared unless:interest rates are expected to be stable.the cash flows occur no more than one year from each other.high rates of interest can be earned on the flows.the cash flows have been discounted to a common date.

Answers

Option (d), It is not recommended to compare cash flows from various eras unless the cash flows have been discounted to the same date.

Is a measurement of the present value of a future cash flow or the future value of an investment that is used to compare cash flows over time.

Present value (PV) is the current value of a future financial asset or stream of cash flows with a specific rate of return. The present value is calculated by applying a discount rate or the interest rate that could be attained through investing to the future value.

Why does discounted cash flow beat out undiscounted cash flow?

Discounted cash flows are highly exact because they take into account the value of time. Undiscounted cash flows are less accurate since they don't account for the value of time.

Learn more about Present value (PV): https://brainly.com/question/16554334

#SPJ1

Presented below is the adjusted trial balance of Sunland Corporation at December 31, 2017. Debit Credit Cash $ ? Supplies 1,560 Prepaid Insurance 1,360 Equipment 48,360 Accumulated Depreciation-Equipment $ 4,360 Trademarks 1,310 Accounts Payable 10,360 Salaries and Wages Payable 860 Unearned Service Revenue 2,360 Bonds Payable (due 2024) 9,360 Common Stock 10,360 Retained Earnings 25,360 Service Revenue 10,360 Salaries and Wages Expense 9,360 Insurance Expense 1,760 Rent Expense 1,560 Interest Expense 1,260 Total $ ? $ ? Additional information: 1. Net loss for the year was $3,580. 2. No dividends were declared during 2017. Prepare a classified balance sheet as of December 31, 2017.

Answers

A balance sheet is a financial statement that provides a snapshot of a company's financial position at a particular point in time. It reports the company's assets, liabilities, and equity, which are the resources, obligations, and ownership interests of the company, respectively.

Prepare a classified balance sheet as of December 31, 2017?

To prepare a classified balance sheet as of December 31, 2017, we need to categorize the above accounts into the following sections: assets, liabilities, and equity.

Assets:

Cash: ?

Supplies: 1,560

Prepaid Insurance: 1,360

Equipment: 48,360

Less: Accumulated Depreciation-Equipment: (4,360)

Total Assets: ?

Liabilities:

Accounts Payable: 10,360

Salaries and Wages Payable: 860

Unearned Service Revenue: 2,360

Bonds Payable (due 2024): 9,360

Total Liabilities: 22,940

Equity:

Common Stock: 10,360

Retained Earnings: 25,360

Less: Net Loss for the year: (3,580)

Total Equity: 32,140

Total Liabilities and Equity: ?

To complete the balance sheet, we need to find the missing amounts for Cash and Total Assets and Total Liabilities and Equity by solving for them based on the given information and the balance sheet equation:

Total Assets = Total Liabilities + Equity

Total Liabilities and Equity = 55,080 (calculated)

Therefore:

Cash = Total Assets - (Supplies + Prepaid Insurance + Equipment - Accumulated Depreciation-Equipment)

Cash = 55,080 - (1,560 + 1,360 + 48,360 - 4,360)

Cash = 55,080 - 44,800

Cash = 10,280

Total Assets = 55,080 (calculated)

Using the above information, we can now prepare the classified balance sheet as of December 31, 2017 for Sunland Corporation:

Sunland Corporation

Balance Sheet

December 31, 2017

Assets

Cash $10,280

Supplies $1,560

Prepaid Insurance $1,360

Equipment $48,360

Less: Accumulated Depreciation-Equipment ($4,360)

Total Assets $55,080

Liabilities

Accounts Payable $10,360

Salaries and Wages Payable $860

Unearned Service Revenue $2,360

Bonds Payable (due 2024) $9,360

Total Liabilities $22,940

Equity

Common Stock $10,360

Retained Earnings $25,360

Less: Net Loss for the year ($3,580)

Total Equity $32,140

Total Liabilities and Equity $55,080

To know more about balance sheet visit:

https://brainly.com/question/26323001

#SPJ1

true/false. juan and wanda both make pancakes and bacon. if we compare the opportunity costs and possible gains from trade for juan and wanda, we can determine the exact exchange ratio at which the parties will agree to trade.

Answers

Trade agreements are defined by comparing the two opportunity costs and choosing a number that falls between the three to benefit both countries. Gains are the ability for two agents to expand theirs depending on the amount thru specializing in a good.

if we compare the opportunity costs and possible gains from trade for juan and wanda?

They have a trade for just a good and competitive benefit that they do not have.

Both Juan and Wanda make breakfast and eggs.

They can establish an exact exchange ratio where the parties will not agree to trade by evaluating the opportunities, costs, and potential rewards of trade for Juan and Wanda.

To know more about Trade visit:

https://brainly.com/question/27622280

#SPJ1

Say that bianca has take-home pay of $800, she budgets every cent out at the start of the month, and she then she needs less gas money than expected in august. She no longer spends the full $65 she budgeted there. What should she do with the leftover?.

Answers

The leftover amount in any budget is better to invest than to save as investment gives higher returns.

What it means to invest is to make a current financial commitment in the hopes of future growth. The use of capital—such as time, money, effort, etc.—with the hope of receiving a return higher interest than the initial investment is known as investing. Due to their utility in producing future income, bonds, equities, real estate, and alternative assets are all regarded as investments. The market rate of interest has a significant influence on the decisions that manufacturers make on investments, including whether to purchase new machinery. But, for the sake of simplicity, we assume that enterprises intend to invest the same sum each year.

To learn more about investment refer here:

https://brainly.com/question/14682309

#SPJ4

Oakwood Company had accounts receivable of $750,000 and an allowance for doubtful accounts of $21,500 just prior to writing off as worthless a customer's $5,000 account receivable. Calculate the net realizable value of Oakwood's accounts receivable before and after the write off. (Hint: Net Realizable Value of AR Gross AR- Allowance for Bad Debts) Net Realizable Value of Accounts Net Realizable Value of Accounts Receivable before the write off Receivable after the write ott

Answers

Before the write-off, the accounts receivable's net realisable worth is 728500 After the write-off, the account's net realisable worthis 728500What is Net Realisable Value in Accounting?

Net Realisable Value is the difference between an asset's average wholesale cost and all additional expenses that are expected to be paid during its sale (NRV). When valuing goods, NRV is extremely important.

Credit-based purchases produce individual balances. The amount shown on a balance sheet for receivable accounts is its net realisable value, or the amount of cash the business anticipates will be received over time from these accounts, in accordance with U.S. GAAP.

Before the write-off, the accounts receivable's net realisable worth is

750000-21500 = 728500

After the write-off, the account's net realisable worth is

(750000-5000)-(21500-5000) = 728500

To know more about Credit, visit:

https://brainly.com/question/13964348

#SPJ1

Indicate whether a debit will increase (I) or decrease (D) each of the following accounts listed in items 1 through 15. Account Increase (l) or Decrease (D) Inventory - ni o Depreciation expense Accounts payable Prepaid rent w Sales revenue o Common stock Salaries and wages payable Cost of goods sold o o Utility expense Equipment Accounts receivable = 3 Utilities payable Rent expense Interest expense Interest revenue

Answers

Inventory (asset account: generally a debit balance) (asset account: normally a debit balance) Fixed resources (asset account: normally a debit balance) Receipts to be made (liability account: normally a credit balance).

Which of the subsequent accounts gets bigger when there's a debit?

Debits raised accounts. The following account types will grow when there is a debit: Assets (Cash, Accounts receivable, Inventory, Land, Equipment, etc.) (Cash, Accounts receivable, Inventory, Land, Equipment, etc.) Costs (Rent Expense, Wages Expenditure, Interest Expense, etc.) (Rent Expense, Wages Expense, Interest Expense, etc.) Losses (Loss on the sale of assets, Loss from a litigation, etc.) (Loss on the sale of assets, Loss from a lawsuit, etc.)

Accounts payable are increased or decreased by a debit?

The accountant debits accounts payable once the bill is paid to reduce the liability amount. The cash account is given the offset credit, which likewise reduces the cash balance.

To Know more about debit balance

https://brainly.com/question/26135584

#SPJ1

Which of the following combinations of actions will likely provide the greatest assistance in helping a company achieve a differentiation-based competitive advantage over some/many of its rivals? A. Using 70% superior materials to produce branded footwear at all of the company's production facilities, spending above-average amounts on brand advertising in all four geographic regions, offering free shipping to online buyers in 3 geographic regions, and delivering orders to branded footwear retailers in 1 week B. Raising worker base pay by 10% or more each year at all of the company's production facilities, charging prices for branded footwear that are $2 below the industry average in both the Internet and Wholesale segments in all four geographic regions, spending $3,000 per worker on best practices training at each production facility, and having the largest production capacity of any company in the industry
C. Compensating production workers at levels that are above the industry average in all regions where the company has production facilities, achieving the lowest reject rates of any company in those regions where it has production facilities, selling branded footwear with a 6-star rating in all four geographic regions, and offering 250 models/styles in all four geographic regions D. Achieving and maintaining a celebrity appeal rating of 190 or higher in all four geographic regions, selling branded footwear with a 7.3-star or higher S/Q rating in all four geographic regions, and offering 500 models/styles to buyers in all four geographic regions E. Delivering orders to branded footwear retailers in 2 weeks in all four geographic regions, spending above-average amounts for search engine advertising in all four geographic regions, offering a mail-in rebate of $6 in each geographic region, and charging prices for branded footwear that are $5 below the industry-high in both the Internet and Wholesale seaments in all four geographic regions

Answers

Option 4 is the right option to gain a competitive advantage by harnessing and maintaining celebrity appeal and delivering premium quality footwear across all four regions. The main thing is that it offers buyers a variety of designs/models/styles, it's the point of differentiation.

The required details for Competitive advantage in given paragraph

Competitive advantage refers to the factors that enable a firm to produce better or cheaper goods or services than its competitors. These factors enable the manufacturing company to achieve higher sales or higher margins than its market competitors. Competitive advantages are attributed to various factors, including cost structure, brand, quality of products offered, distribution network, intellectual property, and customer service. Competitive advantage is what makes a company's products or services more attractive to customers than those of another competitor. Competitive advantages can be divided into comparative advantages and differentiating advantages.

Comparative advantage is a firm's ability to produce something more efficiently than a competitor, resulting in higher profit margins. Differentiation advantage exists when a company's products are perceived as unique and superior to the products of its competitors.

To know about Competitive advantage click here

https://brainly.com/question/26514848

#SPJ1

rent controls require that landlords set apartment prices below the equilibrium price level. an immediate effect is an apartment rental shortage (excess demand for apartments), because at the regulated price the quantity of apartments demanded is greater than the quantity supplied. when landlords are prevented by cities from charging market rents, which of the following listed outcomes are common in the long run? check all that apply.

Answers

Rent regulations compel landlords to set apartment rents below the point of equilibrium. Since there is a larger demand for flats than there are apartments available at the set price, there is an immediate scarcity (excess demand) of apartments.

What is the equilibrium rent?

Prices convey messages about the economy's state and incentivise people to act on this knowledge. When competitive markets are not in equilibrium, people take advantage of rent-seeking opportunities and frequently benefit by setting a price different from others.

Eventually, this rent-seeking mechanism may equalize supply and demand. Financial market prices are set through trading processes and are subject to minute-to-minute fluctuations due to fresh information and shifting perceptions. Price bubbles can arise in markets for financial assets, for instance.

Learn more about equilibrium rent here:

https://brainly.com/question/28199303

#SPJ1

external analysis helps a firm understand which of its resources and capabilities are likely to be sources of competitive advantage

Answers

The resources and capabilities are likely to be sources of competitive advantage and Internal analysis.

What is Analysis?

A thorough investigation of something complex in order to comprehend it or identify its key components: comprehensive research. Conducting a thorough analysis of the issue.

As in  the Internal analysis helps a firm interpret which of its resourcefulnesses and capabilities are likely to be sources of competitive asset. As resources and capabilities are likely to be sources of competitive advantage.

Therefore, As a result, the internal analysis is there in the competitive advantage.

Learn more about the Analysis here:

https://brainly.com/question/18723483

#SPJ1

100 POINTS HELP Which of the following line items might be on a financial statement of shareholder's equity?
A. Operating cash flow
B. Expenses
C. Withdrawals
D. Liabilities

Answers

Answer:

C. WITHDRAWALS

Explanation:

Try to read this and to give you some understanding and answers

Shareholder's equity represents the residual value of a company's assets after all liabilities have been paid off. It includes the initial investment made by the shareholders, as well as any additional contributions, retained earnings, and dividends paid out to shareholders.

Withdrawals, also known as dividends, represent a reduction in the retained earnings of the company and therefore affect the total shareholder's equity. Operating cash flow, expenses, and liabilities are not typically included in the financial statement of shareholder's equity.

Answer and Explanation:

I believe the answer is D. Liabilities but it may be C. Withdrawals

please let me know if me wrong

Everyone uses money, and it is important to understand what factors affect the cost of money. Consider the following scenario: Your accountant has convinced you that you should invest your bonus from this year into your retirement account-instead of buying a new sports car-because of the high expected return on the investment. Determine which of these fundamental factors is affecting the cost of money in the scenario described:- Risk - Time preferences for consumption- Inflation

Answers

In this scenario, the Time preferences for consumption will affect the cost of money, because of the preferences of consumers for current consumption as opposed to saving for future consumption.

What do you mean by Investment?

An investment is a fixed asset or item acquired with the objective of generating income or appreciation.

Your accountant has preferred you to oppose the current consumption of buying a new sports car as to saving for future consumption by investing in your retirement account.

Risk-The chances that an investment will provide a low or negative return.

Inflation—The amount of money by which price increases over time.

Therefore, The Time preferences for consumption will affect the cost of money.

Learn more about Investment, here;

https://brainly.com/question/15353704

#SPJ1

FILL IN THE BLANK small firms or firms with a unique product may choose to focus on a single segment and pursue ___ targeting strategy.

Answers

Answer: niche (concentrated)

Explanation: Hope this helps :)

SOMEONE PLEASE HELP THIS IS URGENT

Answers

this is the best i could do for you

Explanation:

1.Small Business Administration (SBA) | Entrepreneurs can acquire a loan from SBA by visiting their website, filling out an application form, and submitting it to an SBA-approved lender. The lender will then review the application and make a decision on whether or not to provide the loan. SBA guarantees a portion of the loan, which reduces the lender's risk and makes it easier for entrepreneurs to secure financing.

2.Crowdfunding | Entrepreneurs can acquire a loan from crowdfunding by creating a campaign on a crowdfunding platform and sharing it with their network and the wider public. Backers can then contribute to the campaign and receive rewards in return. Once the campaign has reached its funding goal, the entrepreneur can access the funds and use them to start their business.

3.Angel Investors | Entrepreneurs can acquire a loan from angel investors by pitching their business idea to a group or individual angel investor. If the investor is interested in the idea, they will provide financing in exchange for equity in the company. The entrepreneur will need to negotiate the terms of the investment, including the amount of equity to be given up and the investor's level of involvement in the business.

It is important for an entrepreneur to know how to get the money necessary to start a business because starting a business often requires significant financial resources. Without access to financing, many entrepreneurs may struggle to get their business off the ground or may have to delay their plans until they can secure the necessary funds. Additionally, knowing the different financing sources available can help entrepreneurs make informed decisions about the best way to finance their business and avoid high-interest loans or other unfavorable financing terms.

As a business writer, you must make your messages clear. One way to achieve clarity is to apply the KISS formula, which stands for ________ .O Keep It Sample and SimpleO Keep It Short and SimpleO Know It Short and SimpleO Keep It Sample and Simple

Answers

Keep it short and the simple

how to calculate net income with total assets, debt equity and return on equity

Answers

ROE = Net Profit Margin x Asset Turnover x Equity Multiplier  to calculate net income with total assets, debt equity and return on equity.

What is the net income calculation formula?

Net Income = Total Revenues - Total Expenses.

Both positive and negative net income are possible. You have a positive net income when your business generates more money than it spends. You have a negative net income, also known as a net loss, if your entire expenses outweigh your earnings.

What is the equity's net income?

A company's net income is determined by deducting the cost of items sold from its revenues for the specified time period. Every cost associated with operating a business, including rent, payroll, equipment, advertising, and taxes, is included in the cost of goods sold. Assets minus liabilities equal the owner's equity of the company.

Learn more about Net income

brainly.com/question/15570931

#SPJ1

case study: financing and foreclosure betsy and george swanson had been married several years when they decided to buy their first home. they had four children and both betsy and george had good jobs. george worked for a large corporation and betsy was a school teacher. the economy was doing well at the time and home prices were up. they purchased a new home in mesquite, texas. they received a mortgage for the home with abc mortgage. at closing, they received a general warranty deed from and seller and they signed many loan documents including a note, deed of trust, and a closing statement. during the next three years, the economy declined and home prices were falling. then george learned that his company was moving to indiana. they offered george a promotion and an impressive increase in salary. if he turned it down, he would end up with no job. betsy was trying to think positive about getting another teaching job in indiana. betsy and george made a decision to take the transfer. they immediately put their home on the market. after making the move, they found that rental prices were a little higher than they expected. teaching jobs were hard to get, and betsy was only able to do a little substitute teaching. to make things worse, their home in mesquite had been hard to sell. the swansons still owed a high balance on their mortgage and mesquite was now in a buyers' market. there were a lot of homes on the market. eventually, the swanson's became past due on their mortgage payments for their house in mesquite. abc mortgage tried to work with them but finally decided they would have to foreclose to protect their investment. when the payments were a couple of months delinquent, abc accelerated the note and the trustee posted the property for foreclosure. after the required time frame, the property was sold to a new owner at the foreclosure auction held at the county court house.

Answers

Yes, Swanson failed to make the required payments as stated in the note. When they bought this property, they executed a deed of trust that allowed the trustee to carry out a nonjudicial foreclosure.

What benefits do trust deeds have over mortgages?

An advantage of a deed of trust over a mortgage, from the lender's standpoint, is quite significant. The trustee has the authority to execute a foreclosure on the asset on behalf of the beneficiary if the borrower fails on the loan.

A deed of trust, also known as a trust deed, is a legal document that is used to create a security interest in real estate in the United States. It essentially transfers legal title to a trustee, who holds the property as security for a loan between a borrower and lender.

To learn more about deed of trust, visit:

https://brainly.com/question/28199842

#SPJ1

The complete question is:

Case study: financing and foreclosure betsy and george swanson had been married several years when they decided to buy their first home. they had four children and both betsy and george had good jobs. george worked for a large corporation and betsy was a school teacher. the economy was doing well at the time and home prices were up. they purchased a new home in mesquite, texas. they received a mortgage for the home with abc mortgage. at closing, they received a general warranty deed from and seller and they signed many loan documents including a note, deed of trust, and a closing statement. during the next three years, the economy declined and home prices were falling. then george learned that his company was moving to indiana. they offered george a promotion and an impressive increase in salary. if he turned it down, he would end up with no job. betsy was trying to think positive about getting another teaching job in indiana. betsy and george made a decision to take the transfer. they immediately put their home on the market. after making the move, they found that rental prices were a little higher than they expected. teaching jobs were hard to get, and betsy was only able to do a little substitute teaching. to make things worse, their home in mesquite had been hard to sell. the swansons still owed a high balance on their mortgage and mesquite was now in a buyers' market. there were a lot of homes on the market. eventually, the swanson's became past due on their mortgage payments for their house in mesquite. abc mortgage tried to work with them but finally decided they would have to foreclose to protect their investment. when the payments were a couple of months delinquent, abc accelerated the note and the trustee posted the property for foreclosure. after the required time frame, the property was sold to a new owner at the foreclosure auction held at the county court house.

Did the Swansons fail to fulfill one of their obligations under the deed of trust?

A) Yes, they failed to pay the debt in accordance with the terms of the note.

B) Yes, they failed to pay all the real estate taxes.

C) Yes, they failed to maintain the property.

D) All of these statements are true.

which of the following factors, listed in a situation analysis for a major u.s. auto manufacturer, is the best example of a threat?

Answers

A New York law firm has filed a $10 million class action suit against the company on behalf of car owners whose gas tanks exploded is the best example of a threat.

Option C is correct.

What exactly does the term "economic" mean?

Economics is the study of scarcity and how it affects the use of resources, the production of goods and services, the growth of production and welfare over time, and a wide range of other complicated issues that are crucial to society.

What is an acceptable definition of economics?

Products are materials and goods that satisfy customers' needs and wants. A good could be something tangible, a service, or a combination of the two. If something gives customers an advantage, it might be considered useful.

Incomplete question :

Which of the following factors, listed in a situation analysis for a major U.S. auto manufacturer, is the best example of a threat?

A. The factory that manufactures a new, popular car cannot build enough vehicles to meet the demand, while other factories have excess capacity.

B.Recent consumer studies have indicated that Chinese consumers prefer American cars.

C. A New York law firm has filed a $10 million class action suit against the company on behalf of car owners whose gas tanks exploded.

D. Due to outdated engine technology, the company's cars get lower gas mileage than those of major competitors.

E.The company has lower manufacturing costs than its key competitors, allowing it to sell its cars at low prices.

Learn more about economic :

brainly.com/question/14787713

#SPJ1

variability provides a quantitative measure of the differences between scores in a distribution and describes the degree to which the scores are spread out or clustered together.

Answers

Variability provides a quantitative measure of the differences between scores in a distribution and describes the degree to which the scores are spread out or clustered together. True.

Why variability is important?

Variability is significant because it reveals how dispersed or grouped a set of data points is. Numerous fields, such as statistics, economics, and quality control, can benefit from this knowledge. Variability is used to calculate measures of dispersion like variance and standard deviation in statistics and aids in determining the spread of a population or sample. Variability in economics is used to forecast future trends as well as to understand the fluctuations of economic variables like prices and incomes. Variability is used to enhance product quality and lower defects in manufacturing processes by assisting in the identification of the sources of variation.

To Know more about Variability Visit:

brainly.com/question/15740935

#SPJ1

With more organizations providing dispute resolution procedures will unions become obselete

Answers

Unions have the gain of demanding high wages, higher working conditions, job security, and addressing the grievances of their affiliated workers.

However, unions additionally have disadvantages, such as creating unemployment and being lethargic. In addition, unions can lead to a waste of productive time for the duration of strikes.

What are the weak point of change union movement in India?

Limited Membership two Domination of Political Parties 3 Small Size of Trade Unions 4 Lack of Unity 5

Trade unions fail because of vested interests and lack of dedication on the phase of stakeholders. This 'lack of commitment' limits the required attitude, knowledge, ability and application for sustained success. Primarily, there are 4 stakeholders—workers, trade union leaders, company administration and the government.

Learn more about Trade unions here:

https://brainly.com/question/1108335#SPJ1

_____trade is the economic policy of not discriminating against exports to or imports from foreign countries. multiple choice question. a. restricted b. balanced c. fair
d. free

Answers

Free trade is the economic policy of not discriminating against exports to or imports from foreign countries. Thus the correct option is D.

What is Trade?

The term "trade" refers to the exchange of goods and services for cash in order to carry out an economic transaction. Trade that crosses international borders is referred to as international trade.

Free trade is a form of economic policy that does not impose import or export restrictions, lowers trade restrictions between nations by wanting to get rid of all or most tariffs, quotas, subsidies, and bans, and strengthens regulations governing things like intellectual property and e-commerce.

Therefore, the option D is appropriate.

Learn more about Free trade, here:

https://brainly.com/question/24572146

#SPJ1

If a florist uses her credit card to pay for a new window display that costs $1,242 and does not pay on it until the second month, what will the 1. 25% monthly interest charge be at the end of the first month?.

Answers

At the end of the first month, there will be a $12.83 interest charge.

I=PRT/100=$1,242*1.25/100*1=$12.83.

Even while some interest rates are relevant over shorter time periods, such a day or a month, they are usually annualized. The interest rate has been referred to as an indicator of the preference for a dollar in the present over a dollar in the future. Borrower is willing to do whatever it takes to get what they want. The interest rate is the amount of interest that is calculated as a percentage of the amount lent, deposited, or borrowed and is due each period. The final amount of interest charged on a money lent or borrowed depends on a number of variables, including the principal, interest rate, frequency of compounding, and term of the loan, deposit, or borrowing. The interest rate that is determined over a year is the annual interest rate.

Learn more about interest rate from

brainly.com/question/25793394

#SPJ4

data in a form of a series of letters, numbers, and other characters whose combined meaning does not depend upon a prespecified format or definition of individual items is called

Answers

Data in a form of a series of letters, numbers, and other characters whose combined meaning does not depend upon a prespecified format or definition of individual items is called unstructured data.

What is unstructured vs structured data?

Structured data is very specific and is kept in a set format, whereas unstructured data is a collection of many different forms of data that are kept in their original formats. Thus, structured data benefits from schema-on-write whereas unstructured data uses schema-on-read.

Datasets (often enormous collections of files) that aren't stored in a structured database format are simply referred to as unstructured. Although it is not established by data models, unstructured data does have an inherent structure. It could be created manually or automatically, in a textual or non-textual format.

Learn more about unstructured data here:

https://brainly.com/question/28333364

#SPJ1

your customer is recently completed the customer satisfaction survey css for your project and the overall csi is just above the organization level csi target

Answers

If your client has recently completed the Customer Satisfaction Survey CSS for their project and the overall csi is just above the organization level CSI target, you need to consider:

Review customer satisfaction factorsIdentify spaces for improvement and innovationDevelop an action planWhat factors affect customer satisfaction?

There are several factors involved in this process, which can vary according to each customer, such as the perception of benefits and value of the product. The survey results can help a company identify such areas and which ones need to be reviewed.

Therefore, a customer satisfaction survey helps guide an organization's strategies so that it remains competitive and positioned in the market in the long term.

Find more about customer satisfaction survey at:

https://brainly.com/question/21308569

#SPJ1

Other Questions
Both circles have the same center. What is the area of the area of the shaded region? (Ill give you 40 points if you help me) the development depicted in the excerpt had most in common with which of the following earlier developments? responses the passage of land reforms during the civil war the passage of land reforms during the civil war the expansion of the telegraph system during the gilded age the expansion of the telegraph system during the gilded age the enactment of moral reform legislation during the progressive era the enactment of moral reform legislation during the progressive era the efforts to mobilize popular support for the first world war you are watching as a red ball bounces toward you. the fact that your brain perceives that the object is round and that it is red and that it is approaching you in a bouncing motion is called Which of the following epithelia forms the walls of the air sacs across which gas exchange occurs in the lungs?A) pseudosstratifed columnarB) simple cuboidalC) simple squamousD) simple columnar What is a trust Apush definition? While performing the monthly bank reconciliation, the bookkeeper for Avon Company made the journal entry for a bank service charge of $20. Which of the following correctly shows the effect of the entry on the financial statements?Assets=Liab.+EquityRev.-Expenses=Net Inc.CashA.NANANANANANA(20) OAB.(20)(20)NANANANA(20) OAC.(20)NA(20)(20)NA(20)(20) OAD.(20)NA(20)NA20(20)(20) OAOption AOption BOption COption D Peer pressure is a form of persuasion which generally utilizesa. cognitive appeals.b. behavioral ploys.c. emotional appeals.d. propaganda techniques. Choose either valid or invalid What is the conversion of 200lbs to kg ? the depth of focus of an earthquake is where the __________. what can the depth of the pe well tell you What is sovereignty? A. The ability to force a head of state to follow the rule of law just asall citizens have toB. The power to impose the will of government leaders on thepopulationO c. The power to make and enforce laws within a nation-stateD. The power a government has to persuade other nation-states tofollow its lead the p wave of the ecg coincides with ventricular filling. True or False? What is the value of t in the figure? Which of the following are likely to occur if the technology for pollution-control equipment improves noticeably?The marginal cost curve of abatement would shift rightward.The cost of pollution abatement would fall.The optimal quantity level of abatement would rise. what is the mean arterial pressure calculator? actions and policies based on corporate social responsibility take into account stakeholders' expectations and often consider the triple bottom line (true or false) which cause of abnormality is often a focus of biological approaches? are the expressions -3^2 and (-3) ^2 equivalent? explain What Is The Difference Between "Judgement" And "Judgment"?