If you have reliable income, sufficient assets and a good credit history, you would likely qualify for a prime mortgage
Indicate whether the statement is true or false.
Answer: TRUE
Explanation: Prime mortgage is offered to people who have reliable income, sufficient assets and a good credit history.
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A trial balance of the general ledger accounts taken after the temporary owner's equity accounts have been closed is usually referred to as a
a. post-closing trial balance. b. new accounting period trial balance. c. pre-closing trial balance. d. subsidiary trial balance.
Success variables for customers include each of the following except
A) honest and constructive feedback. B) strong technical knowledge. C) having a clear understanding of strategic goals of the project. D) good communication with project team.
A firm with sales of $1,000,000, net profits after taxes of $30,000, total assets of $1,500,000, and common stockholders' investment of $750,000 has a return on equity of ________
A) 20 percent B) 15 percent C) 3 percent D) 4 percent
A zero coupon bond
A) pays no annual interest. B) sells at face value. C) are a poor choice for retirement funds. D) depreciates in value as it matures.