A borrower who qualifies for an FHA or VA loan enjoys the advantage that
A) the mortgage payment is much lower.
B) only a very low or zero down payment is required.
C) the cost of private mortgage insurance is lower.
D) the government holds the lien on the property.
B
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________ is the only element in the marketing mix that produces revenue
A) Price B) Product C) Place D) Fixed costs E) Variable costs
At December 31 . 2013 . Morrison Company had 700 shares of common stock outstanding. On September 1 . 2014, an additional 300 shares of common stock were issued. In addition, Morrison had $20,000 of 8 percent convertible bonds outstanding at December 31 . 2013 . which are convertible into 400 shares of common stock. No bonds were converted into common stock in 2014 . Net income for the year ended
December 31,2014, was $6,000 . Assuming an income tax rate of 50 percent what would be the company's diluted earnings per share for the year ended December 31 . 2014? a. $7.50 b. $5.67 c. $5.00 d. $4.33
Place decisions are easier to change in the short-run than Product, Price, and Promotion decisions.
Answer the following statement true (T) or false (F)
Variances are calculated by subtracting the actual cost from _____
a. earned value b. schedule variance c. planned value d. rate of performance