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Question: Looking for potential trust deed investments in the classified ads you stumble upon the following listing on Craigslist:
$100,000 2nd Trust Deed for Sale
Original Loan Amount: $100,000Original Interest Rate: 10%Original Loan Term: 10 yearsMonthly Payment: $900.00Number of payments remaining: 52
Existing 1st Trust Deed = $350,000Market Value of Property = $700,000
Question: Assume the seller accepts your offer... what rate of return would you receive if the loan was prepaid by the borrower 10 months after you purchased it.
Given the above information, determine Rupina's gross margin for the year. Note that since this was the company's first year of operations, beginning inventory was zero.
December 31, 2021 and the next payment a year after. The effective rate is 10%. How much is the present value of the note on January 1, 2020?
write a letter to apollo shoes addressing the key points listed below assume the role of an auditor at a local firm
For each situation, identify the cost reduction measure: activity elimination, activity reduction, activity sharing, or activity selection.
Sansomite Co. distributes suitcases to retail stores and extends credit terms of 1/10, n/30 to all of its customers. At the end of June, Sansomite's inventory consisted of suitcases costing $1,200.
Identify three (3) forecasting techniques used to prepare operational budgets and briefly describe each. Include at least one Qualitative method
Under the cash basis of income determination, how much should Dart report as Revenue for 2008?
If the effective annual rate of interest is known to be 19.56% on a debt that has monthly payments, what is the annual percentage rate
LNS has a regular tax liability of $80,000 in 2018. How much of the 2017 minimum tax credit is refundable to LNS in 2018
Prepare the department's equivalent units of production with respect to direct materials under each of the three separate assumptions using the FIFO method
Consider a bond issue as follows: Face $100,000. Maturity in five years. Determine the amount at which the bond was issued/sold for
materials used by the industrial division of crow manufacturing are currently purchased from outside suppliers at a
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