Economists refer to the decision-making process in which people choose the actions they believe would provide them with the most utility as utility maximization.
The work that economists do
The distribution and production of resources, goods, or services are studied by economists through data collection and analysis, trend research, and evaluation of economic concerns.
Do economists get substantial salaries?
Yes, most economists do earn lots of money.
Although there are several jobs with varied pay scales, most economists earn at least $100,000 annually. Economic analysis is used to address a variety of challenges by economists who research the distribution and production of resources, commodities, and services.
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4.over the past year, china has experienced an inflation rate of about 22 percent, in contrast to u.s. inflation of about 3 percent. at the same time, the exchange rate has gone from y8.7/u.s.$1 to y8.3/u.s.$1. a.what has happened to the real value of the yuan over the past year? has it gone up or down? a little or a lot? b.what are the likely effects of the change in the yuan's real value on the dollar profits of a company like procter
Inflation rate in China is increasing real value of yuan.
The real value of the yuan is increasing. The required growth is less than 5%, with 0.4 yuan now buying one dollar, making it even more important.
b) P&G products sold in China will generate enormous dollar profits. If they receive in short supply building materials or products from China, they may need to raise funds to cover the losses caused by paying more dollars for the same amount of yen. And fencing will be considered a possible solution based on current profit/gains from China.
c) The textile manufacturer will suffer because the same dollars can now produce fewer yuan than previously. They may try to raise funds by purchasing a futures contract to adjust the exchange rate and protect themselves from currency price fluctuations.
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mead corporation has prepared a fixed budget based on 6,000 units. their budgeted per unit selling price is $100, variable costs are $75 per unit, and fixed costs are $20,000. if actual sales activity was 5,000 units with revenue of $550,000, what is the sales variance shown on a fixed budget performance report?
Mead corporation has expected sales of 6,000 units of its product with selling price $100 per unit. In realization, Mead is able to record sales of 5,000 units with total revenue $550,000. The sales variance on the fixed budget performane report records $50,000 (F).
Sales variance measures the difference between a company's budgeted product price and the actual price the products sold at. Sales variance is said to be favorable if the actual product price is higher than the budgeted product price.
Sales variance helps a company to determine which products contribute most to the total sales. Sales variance allows a company to decide the next pricing and selling strategy. It provides information about how the market receive and react towards the products.
Sales variance could be calculated by this formula:
Sales variance = (Actual sale price - Budgeted sale price) x Actual units sold
Based on the question, we know some informations:
Budgeted unit sold = 6,000 units
Budgeted sale price = $100 per unit
Actual unit sold = 5,000
Actual total revenue = $550,000
By assuming that total production costs are fixed, we could know the actual sale price is:
Actual total revenue = actual sale price x actual unit sold
$550,000 = actual sale price x 5,000
Actual sale price = $110 per unit
The sales variance recorded on the fixed budget performance report is:
Sales variance = (actual sale price - budgeted sale price) x Actual unit sold
Sales variance = ($110 - $100) x 5,000
Sales variance = $50,000 (F)
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which of the following is not a characteristic of a perfectly competitive market? group of answer choices there is a large number of small firms. firms sell a homogeneous product. firms can easily enter or exit the market. firms are price makers, not price takers.
The following is not a characteristic of a perfectly competitive market is firms are price makers, not price takers.
This choice is accurate due to the fact the cappotential to govern the fee isn't function of ideal competition. In a wonderfully aggressive marketplace, there are numerous customers and dealers that impact the marketplace fee of almost homogeneous merchandise and there aren't anyt any obstacles to access or go out from the marketplace. Flawlessly elastic.
The call for curve for a only aggressive organization is flawlessly elastic, however the call for curve for a only aggressive enterprise is down sloping. Firms can go out and input the marketplace freely. A flawlessly aggressive marketplace is a theoretical marketplace in which corporations can input and go out the marketplace freely or without cost.
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ghost rider corporation has bonds on the market with 9 years to maturity, a ytm of 8.6 percent, and a current price of $947. what must the coupon rate be on the company’s bonds?
A bond's coupon price is equal to its yield to maturity if its purchase rate is equal to its par value.
The par fee of a bond is its face value, or the stated fee of the bond at the time of issuance, as decided by using the issuing entity. Most bonds have par values of $100 or $1,000.
What is the coupon rate on Treasury bonds?Government-issued Series I bonds bought between November 2022 and April 2023 will pay hobby at an annual charge of 6.89 percent, according to TreasuryDirect. The hobby fee on I bonds is tied to inflation and changes each and every six months.
If an investor purchases a $1,000 ABC Company coupon bond and the coupon charge is 5%, the issuer presents the investor with a 5% hobby each year. This ability the investor receives $50, the face fee of the bond derived from multiplying $1,000 with the aid of 0.05, each year
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https://brainly.com/question/13120202#SPJ4jones corporation purchases land with a market value of $200,000 in exchange for 180,000 shares of its $1 par common stock. the journal entry to record this transaction is:
Jones Corporation exchanges 180,000 shares of its common stock with a par value of $1 for the purchase of land with a market value of $200,000. Debit Land for $20,000 in order to reflect this purchase. Credit Common Stock in the amount of $180,000 (180,000 shares * $1).
What is the name for company-issued and repurchased shares of its own stock?A stock that was formerly in circulation but has since been bought back and is now owned by the corporation that issued it is referred to as treasury stock. Treasury stock is a counter equity account since it lowers the amount of total shareholders' equity on a company's balance sheet.
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Cheyenne Company had the following select transactions. Apr. 1, 2022 Accepted Goodwin Company’s 12-month, 10% note in settlement of a $33,200 account receivable. July 1, 2022 Loaned $35,200 cash to Thomas Slocombe on a 9-month, 8% note. Dec. 31, 2022 Accrued interest on all notes receivable. Apr. 1, 2023 Received principal plus interest on the Goodwin note. Apr. 1, 2023 Thomas Slocombe dishonored its note; Cheyenne expects it will eventually collect.Prepare journal entries to record the transactions. Cheyenne prepares adjusting entries once a year on December 31.
Accounts Receivable A/C in the example inquiry is debited by $38,016.
What does the account entry for receivables mean?The asset account known as accounts receivable (AR) on the balance sheet is used to indicate money that will soon be owing to a corporation. Accounts receivable are created when a company allows a customer to pay for its products or services on credit.
An accounts receivable journal entry is the input of an accounts receivable transaction into the financial records of the company. For this financial action to be appropriately recorded, it is a critical stage. The accounting term "accounts receivable" is used to describe sales that haven't yet been paid for.
Loan to Thomas Slocombe = $35,200 on 9 month 8% note
Interest Receivable (Interest up to Dec 31 2022) = $35,200 x 8% x 9/12 = $2,112
Interest Revenue (Interest from 1 Jan to 31 march 2023) = $35,200 x 8% x 3/12 = $704
Account receivable = $35,200 + $2,112 + $704 = $38,016
Accounts receivable A/c- (dr) $38,016
Notes receivable A/c- (cr) $18000
Interest revenue A/c- (cr) $540
Interest receivable A/c- (cr) $1080
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what are four examples of temporary marketable security investments utilized by firms to invest idle cash?
a boss whose management style emphasizes consensus-building and seeks out input from her employees is demonstrating a(n) style of leadership.
The democratic leadership style, or participative management, actively involves the humans being led.
Democratic leaders frequently seek feedback and input from subordinates. They inspire dialog and participation in the decision-making process.
Which style of management focuses on crew constructing warfare resolution and morale?Affiliative management is a type of management that promotes positivity, a harmonious place of job and team-building. This management style focuses on the use of conflict decision and developing private connections between personnel and their managers to construct a sense of neighborhood and trust.
Participative Leadership. Sometimes referred to as democratic leadership, participative management is a management fashion encouraging leaders to listen to their personnel and contain them in decision-making process.
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https://brainly.com/question/29418686#SPJ4The ______ is an across the board multiplier. This is a constant that applies to the entire calculation in a payment
A. conversion factor
B. MP
C. WORK
D. PE
E. GPCI
The conversion factor is an across-the-board multiplier. This is a constant that applies to the entire calculation in a payment
A conversion factor is a number or formula required to convert a measurement in one set of units to the same size in another set of units. Numbers are usually expressed as ratios or fractions that can be used as scaling factors.
A conversion factor is a number used to convert from one unit to another by multiplication or division. If conversion is required, the values should be equal using the appropriate conversion factor. For example, when converting inches to feet, the equivalent conversion value is 12 inches, or 1 foot.
The easiest way to perform stoichiometric calculations is to use conversion factors. A conversion factor is a ratio (or fraction) that expresses the relationship between two different units. The conversion factor is always1.
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ncos/pos across all services and domains are accountable for their personal actions, as well as for the actions of their subordinates. they are charged with responsibilities and authorities to maintain good order and discipline at all times.
Communication between soldiers, the unit, and their officers is the responsibility of NCOs.
According to Army Command Sgt. Maj. John Wayne Troxell, the senior enlisted counselor to the chairman of the Joint Chiefs of Staff, America's noncommissioned officers and petty officers provide the military with its greatest asymmetric edge.
He claimed that American NCOs frequently perform tasks that are normally reserved for commissioned officers in the militaries of other countries, and that the US must safeguard the combat edge that they offer.
Troxell has been in the military since 1982 and has a history of successful combat in Afghanistan, Iraq, and Panama.
NCOs frequently oversaw patrols and missions to clear routes while interacting with sheikhs and tribal leaders.
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Quinton has built a computer by plugging his CPU into the motherboard, adding RAM and ROM, connecting an SSD card and power cables, and adding a monitor, keyboard, and mouse. Now he is ready to use the computer. What programs and instructions will he need to finish the process and actually run his new computer?
A. software
B. hardware
C. peripherals
D. extension cards
Based on the available information and the computer structure and operation, the programs and instructions Quinton will need to finish the process and run his new computer's Software.
What are software Programs?Software programs is a computer technology term that is used to describe the set of code and instructions that instructs a computer how to run and execute specific tasks.
Usually, a single computer can conduct numerous functions simultaneously, based on the installed software programs.
In this case, since the CPU, motherboard, RAM and ROM, SSD card, power cables, monitor, keyboard, and mouse are all hardware, then for a computer to complete and function well, there must be a software program.
Examples of software programs are:Microsoft WordMicrosoft ExcelPowerPointAdobe IllustratorCore DrawInternet Browser, etc.Hence, in this case, it is concluded that the correct answer is option A Software.
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stacey, a salesperson for xyz co. has just heard her prospect make a red light statement. this means:
Stacey, a sales representative for XYZ Company, has just heard her prospect say something that makes no sense.This indicates that She must address another objection.Salespeople need to be good listeners in order to respond to objections in an effective manner.
Why is it important for salespeople to be good at asking questions and listening to others?
Most of the time, being able to ask good questions and really listen to the answers is the first step toward success in sales.Reason:Effective questioning aids salespeople in generating value.It gives them the opportunity to see if the prospect and themselves are compatible.
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the value of financial assets such as savings, real estate, stocks, and bonds, minus any outstanding debts, best refers to:
You can calculate your net worth by deducting all of your obligations from all of your assets.
What is an obligation?A person is required to follow a course of action, whether it is ethically or legally required. The freedom imposed by commitments is constrained. Those who must comply with obligations may choose to do so willingly. When there is a choice between doing what is morally right and evil, there is a responsibility. In other situations that are considered normative, such as etiquette, social obligations, religious commitments, and potentially political commitments, there are responsibilities that must be fulfilled. Some people are obligated to complete specific duties for additional reasons, such as when it is expected of them or because of tradition or cultural expectations.
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the great recession and the great depression both had major macroeconomic impacts. sort the following impacts according to the economic contraction in which they occurred.
Impacts according to the economic contraction in the history of gasoline prices is a subject that macroeconomics does not cover.A subfield of economics called macroeconomics focuses on the economy as a whole.
Macroeconomics is the study of broad measures of the economy, including GDP, unemployment, inflation, and growth rate.A subfield of economics called microeconomics examines the choices that people and businesses make in response to shifting economic conditions.A recession is a protracted period of real GDP growth that has declined significantly, setting a record. Due to lack of production, it leads in employment losses and significant personal costs for households.By boosting any one or a combination of the expenditure components of aggregate demand—consumption, investment, government spending, and net export—the government can end the recession.
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what kinds of information does your marketing team likely need included in a persona? the number of people represented by that persona that they need to bring to the website each month how the persona finds answers to problems and how they prefer to be communicated with the persona’s first name and email address so that they can be sent personalized marketing emails the size of the target market represented by each persona
The number of people represented by that persona that they need to bring to the website each month.
They help you grow by returning to buy again and by promoting your brand through their network.
You ought to do 15 or more interviews for each of your personalities. Take thorough notes during these interactions, and if you can, record them. Then, look for repeating patterns that appear from one client to the next.
Major tasks and job titles. demographics including family status, ethnicity, age, and level of education. the objectives and duties they are attempting to carry out on the website.
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the intent of the parties in a contract is determined by what their outward conduct would lead a reasonable person to believe. a. true b. false
True, the behavior of the parties to a contract that would lead a reasonable person to believe reveals their intent.
What are the parties' intentions?
Taking into account, in particular, the nature and purpose of the contract, the construction of a contract must determine the common intention of the parties or, if no such intention can be determined, the meaning that reasonable parties of the same kind would give to it in the same circumstances.
What is it called when a contract must be understood from how the parties act?
A legally binding obligation that results from the actions, conduct, or circumstances of one or more parties to an agreement is known as an implied contract.
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A saver places $1,000 in a certificate of deposit that matures after 20 years and that each year pays 4 percent interest, which is compounded annually until the certificate matures.
a) How much interest will the saver earn if the interest is left to accumulate?
b) How much interest will the saver earn if the interest is withdrawn each year?
c) Why are the answers to (a) and (b) different?
a) Present Value of deposit=PV=$1000
Number of periods=n=20
Rate of interest=r=4%
Future Value of deposit=FV=PV*(1+r)^n=1000*(1+4%)^20=$2191.12
Interest earned=FV-PV=2191.12-1000=$1191.12.
b) Interest earned per year=PV*r=1000*4%=$40
Interest earned in 20 years=40*20=$800.
c) It is because of the fact that interest is reinvested every year and is added to principal amount in the first case. So, earnings are more.
What is meant by reinvestment?
Reinvestment is the practice of using dividends, interest, or any other form of income distribution earned in an investment to purchase additional shares or units, rather than receiving the distributions in cash.
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Label the selected nerves in the image. Note that not all of the cranial nerves have labels associated with them. CN X CN XI CN II CN III CN XII CN IV CNV CNT CN IX CN VI CN VIII CV VII
The labelling of the nerves in the image can be done as olfactory nerve (CN I) and optic nerve (CN) II.
The cerebrum is the origin of both the optic nerve (CN II) and olfactory nerve (CN I). The brain stem gives rise to cranial nerves III through XII. The brain stem locations of the cranial nerves are numbered from superior to inferior, then medial to lateral, and the order in which they leave the skull.
CN is olfactory nerve, CN II is optic nerve, CN III is oculomotor, CN IV is trochlear, CN V is trigeminal, CN VI is abducens, CN VII is facial nerve, CN VIII is vestibulocochlear, CN IX is Glossopharyngeal, CN X is Vagus, CN XI is Spinal Accessory, CN II is CN XII is Hypoglossal Nerve. You can have a look in the picture to get a clear reference.
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Can someone give a tagline for news and what's its meaning very important thank you
Answer:
A tagline is a catchy, memorable, short phrase that sums up the vision behind the service or product that you are offering. A good tagline could ideally polarise the crowd and appeal directly to your “tribe”.
Equipment was purchased for $25,000 with a $5,000 residual value. It has a four-year estimated useful life. Match the amount with the respective term using the declining balance method.
1. $25,000
2. 25%
3. 50%
4. $12,500
5. $6,250
A. Year 1 depreciation
B. Book Value Beginning of Year 1
C. Year 2 depreciation
D. Twice the straight-line rate
E. Straight-line rate
Using the declining balance method. Year 1 depreciation= $12,500, Book Value Beginning of Year 1= $25,000, Year 2 depreciation=$6,250, Twice the straight-line rate= 50%, Straight-line rate=25%
The declining balance technique, a form of accelerated depreciation, records higher depreciation costs in the early years of an asset's useful life and lower depreciation costs in the asset's later years. . Other conventional contracts contain a "declining balance" condition, which entails a sliding scale for the reimbursement of your entry price. According to the declining balance technique, depreciation costs are higher at the start of an asset's useful life and get lower with time. The depreciation is computed annually using the same fixed percentage rate. Identify the asset's initial cost at the time of purchase.
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This metric shows marketers how customers interact with a page once they hit the ad that appears on it.
Click path metric shows marketers how customers interact with a page once they hit the ad that appears on it.
Who exactly are these clients?A customer is an individual or group that buys something from a third party. The main goal of any business is to gain loyal customer base that will continue to do business with them. In India, many dealers and businesses refer to the consumer as God because they believe that they are responsible for the money that comes in.
Why are consumers so important?Since positive customer experiences typically lead to word-of-mouth advertising, they are crucial for brand exposure. 55% of new consumers are drawn to a business by its reputation for offering exceptional customer service. Give your current clients a positive experience, and you'll hear them raving about your business.
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a. in 2017 about 700 commercial banks operated in the united states. b. money market mutual funds represent 13 percent of m1. c. a benefit of a money market mutual fund is that shareholders can write checks on their accounts with no restrictions. d. securities are u.s. government bonds and other bonds such as mortgage-backed securities.
13 percent of all mutual funds are money market funds. (B Option)
What are the objectives of the money market funds that mutual funds offer?An example of a fixed income mutual fund that invests in debt securities is the money market mutual fund, which stands out for its investments' quick maturities and low credit risk. The least volatile investing categories include money market mutual funds.
Debt securities are what?Recurrent interest payments are due to the owners of financial instruments known as debt securities. Debt securities, as opposed to equity securities, call for repayment of the borrowed principle. The perceived creditworthiness of the borrower will have an impact on the interest rate on a debt security.
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which type or types of inventory timing system requires the user to record two journal entries every time a sale is made.
Answer:
perpetual is the correct answer.
Explanation:
large department store advertises time-of-day discounts for particular items on a special sale day. the store is using to create a for the most price-sensitive customers to gain low prices. bundling; segmentation different prices at different times; hurdle haggling; segmentation alternate versions; group pricing
Haggling; segmentation Explanation -
Haggle is related to convincing the other party to purchase in this the seller makes many offers till the buyer is convenient to buy. And segmentation is related to grouping the consumers.
Income; preference
Market segmentation helps in targeting the market and designing the product to enhance consumer satisfaction. In this consumers are bundled into groups with similar features among them. price discrimination; the hurdle method.
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true or false: using a turnkey operation can create competition for a firm and it could lose its competitive advantage by selling its process technology through the turnkey project.
True, Using a turnkey operation can put a company in competition, and it may lose its competitive advantage if it sells its process technology through the turnkey project.
A turnkey, turnkey project, or turnkey operation (also spelt turn-key) is a type of project that is built to be sold as a finished product to any buyer. A turnkey project is one that is designed, developed, and outfitted with all necessary amenities by a company under contract.
A turnkey project is a delivery method in which a single entity—a contractor—works under a single contract with a project owner to complete all stages of a project, from the detail engineering to construction.
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according to the five forces framework, the the degree of rivalry in an industry, the the average profits will be in the industry. lower; more variable greater; lower lower; lower more variable; greater
Competition will be fierce if industry growth is slow. Competitiveness will be fierce if the company's fixed expenses are high.
What is five forces framework?An industry's flaws and strengths can be ascertained using Porter's Five Forces, a system that identifies and examines five forces model that have an impact on every organization. The Five Forces analysis is frequently used to determine an industry's structure in order to establish business strategy.
Competition in the industryPotential of new entrants into the industryPower of suppliersPower of customersThreat of substitute productsThe first of the Five Forces is the quantity of competitors and their ability to undercut a corporation. As there are more rival businesses offering more similar products and services, a corporation's power diminishes.
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eastline corporation had 10,500 shares of $5 par value common stock outstanding when the board of directors declared a stock dividend of 3,255 shares. at the time of the stock dividend, the market value per share was $13. the entry to record this dividend is:
If eastline corporation had 10,500 shares of $5 par value common stock outstanding when the board of directors declared a stock dividend of 3,255 shares. the entry to record this dividend is: Debit Retained Earnings $16,275; credit Common Stock Dividend Distributable $16,275.
What is dividend?Dividend can be defined as a portion of profit that a company is expected to their investors which are the shareholders.
Now let prepare the journal entry to record the dividend
Eastline corporation journal entry
Debit Retained Earnings $16,275
Credit Common Stock Dividend Distributable $16,275
(3,255 shares × $5 par value)
(To record dividend)
Therefore the entry to record this dividend is: Debit Retained Earnings $16,275; credit Common Stock Dividend Distributable $16,275.
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malcolm’s employer automatically deducts 37.7% from his paycheck every month for taxes, insurance premiums, retirement accounts, and so on. he ends up taking home $39560.50. what was his gross pay?
The gross pay of the malcolm’s employe is $ 104,935.0133.
Gross pay is what employees earn before taxes, benefits and other payroll deductions are withheld from their wages. the quantity last after all withholdings are accounted for is net pay or take-domestic pay.
Calculation:-
net pay = $39560.50
gross pay × 37.7 % = net pay
X × 37.7 /100 = $39560.50
X = $39560.50 × 100 ÷ 37.7
= $ 104,935.0133
Fundamental revenue is a charge of pay agreed upon by way of an corporation and worker and does now not encompass overtime or any extra compensation. Gross earnings, but, is the quantity paid before tax or other deductions and consists of overtime pay and bonuses.
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Two kinds of short-term effects of currency movements are transactions risk and _____ risk.
The two types of short-term effects on currency movements are transactions risk and transformational risk.
What is the definition of "currency"?Money is a medium of exchange for goods and services. A government-issued unit of account that is accepted at face value is referred to as currency. Bartering was the practice of exchanging one item or service for another directly.
Why do we work with money?Currency refers to the real paper coins and notes that are now in use. By taking the money, a trader has a convenient option to pay their trading partners for the goods they have sold. The benefits of currency also extend to other important areas. Due to their small size, coins and dollar bills are portable.
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TRUE/FALSE. Christina sells a parcel of land for $18,000 in cash and the buyer assumes Christina's mortgage of $12,000 on the land. Christina's amount realized is $30,000.
A land parcel owned by Christina is sold for $18,000 cash, with the $12,000 mortgage on the property being taken over by the purchaser. $30k has been made available to Christina. True is the answer.
What Is A Mortgage?
Real estate financing often involves a particular type of loan called a mortgage. Not all loans are mortgages, despite being a particular kind of loan.
When you apply for a mortgage, your lender will give you a predetermined amount of money to buy the house. You agree to pay interest while repaying your loan over a period of years. The mortgage lender continues to have a claim to the home as long as the loan is not fully repaid.
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