After a home mortgage loan is made by a bank or savings and loan, it may be sold (assigned) to investors who participate in what is called the_________. These buyers essentially are purchasing a stream of future income represented by the monthly payments made on the home mortgages they purchased
Fill in the blank(s) with correct word
secondary mortgage market
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An annual publication that lists the top 25 marketing research firms in the WORLD is known as:
A) World's Top 25 B) The Honomichl Global Top 25 C) Research World's 25 D) The J.C. Snead Top 25 E) none; there is no such report available
Retained Earnings is closed by transferring the balance to Income Summary
Indicate whether the statement is true or false
Most companies:
A) agree that a current ratio of 0.75 is sufficient for business operations. B) try to maintain protection from creditors by keeping only a small amount of cash available. C) are not concerned with the debt management ratios when cash flows are good. D) strive for an appropriate balance between debt and equity financing.
Answer the following statement(s) true (T) or false (F)
1. Benchmarking is a good way to evaluate the effectiveness of fundraising staff members. 2. The best way to build a fundraising program is usually to start small and only increase the fundraising budget after seeing what results come in the first year. 3. Consolidated databases are preferred over those that are decentralized in the organizations. 4. Capacity-building activities and income-producing activities may produce different returns on investment. 5. The overhead rate should be the primary metric for evaluating the performance of a nonprofit organization.