Promissary note Study guides, Class notes & Summaries

Champions Principles of Real Estate 2 Latest Version Graded A+ appraisal value of a property maybe affected by social, economic, govt and environmental influences Loan-to-Value Ratio (LTV) The percentage of value or sales price that a lender is willing to finance. limited appraisal report exterior only/drive by inspection. deemed as low risk loan highest and best use of property legal use that gives the greatest return Principal of Contribution cost does not equal value Re...

Updated Intuit Bookkeeping Study Material |Questions With Detailed Answers| 2024 In bookkeeping, a signed agreement between two parties, used to document money owed, interest, and payment timeframe is known as what? Correct Answer: Promissary Note Rent for Eternal Summer is $1,200/month , but if it is prepaid , rent is only $12,000 for the year. If Eternal Summer pays $12,000 on January 1, how would you book this transaction? Correct Answer: Debit prepaid rent for $12,000 and Credit Cash r...

Intuit Bookkeeping Study Material Questions Exam With Solutions 100% Correct In bookkeeping, a signed agreement between two parties, used to document money owed, interest, and payment timeframe is known as what? Promissary Note Rent for Eternal Summer is $1,200/month , but if it is prepaid , rent is only $12,000 for the year. If Eternal Summer pays $12,000 on January 1, how would you book this transaction? Debit prepaid rent for $12,000 and Credit Cash rent for $12,000 Which path woul...

appraisal - value of a property maybe affected by social, economic, govt and environmental influences Loan-to-Value Ratio (LTV) - The percentage of value or sales price that a lender is willing to finance. limited appraisal report - exterior only/drive by inspection. deemed as low risk loan highest and best use of property - legal use that gives the greatest return Principal of Contribution - cost does not equal value Residential Mortgage Loan Originators (RMLO) - Must be certified licenc...

Champions Principles of Real Estate 2 Q&A LATEST UPDATES ALREADY PASSED appraisal - ANSWER value of a property maybe affected by social, economic, govt and environmental influences Loan-to-Value Ratio (LTV) - ANSWER The percentage of value or sales price that a lender is willing to finance. limited appraisal report - ANSWER exterior only/drive by inspection. deemed as low risk loan highest and best use of property - ANSWER legal use that gives the greatest return Principal of Cont...

Champions Principles of Real Estate 2 Exam Questions with Correct Answers appraisal Loan-to-Value Ratio (LTV) limited appraisal report highest and best use of property Principal of Contribution Residential Mortgage Loan Originators (RMLO) Principle of Anticipation Principal of Substitution Principal of progression Principal of Regression Market Value appraisal process Three approaches to value Sales Comparison Approach Market Data Approach Physical Deterioration Functional Obso...

FNCE371 ASSIGNMENT 2 CASE 1: INTERNATIONAL CAPITAL BUDGETING, CASE 2: LEASING, CASE 3: MERGERS & ACQUISITIONS Net working Capital - CORRECT ANSWER-= (Cash + other current assets) - CL Difference between NWC and Cashflow - CORRECT ANSWER-Working capital provides a snapshot off company, cash flow shows how much cash you can generate over a period of time Operating Cycle - CORRECT ANSWER-The time period between the acquisition of inventory and when cash is collected from recievables Inv...

appraisal - ANSWER value of a property maybe affected by social, economic, govt and environmental influences Loan-to-Value Ratio (LTV) - ANSWER The percentage of value or sales price that a lender is willing to finance. limited appraisal report - ANSWER exterior only/drive by inspection. deemed as low risk loan highest and best use of property - ANSWER legal use that gives the greatest return Principal of Contribution - ANSWER cost does not equal value Residential Mortgage Loan Or...