94 When originating a mortgage loan topurchase a non-owner-occupiedloan application must reflectproperty, theA) the gross rental income.B) the appraised value of the property.C) that the seller paid closing costs at 6%.D) that the property will be an investment.

The correct answer is A) the gross rental income.When originating a mortgage loan to purchase a…

Answered: A) the gross rental income.

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Question Before setting up any new venture, it is vital that a budding entrepreneur does his groundwork and prepare for his entrepreneurial journey. One of the most important step is doing a feasibility analysis. A well-planned and carefully executed feasibility analysis can almost guarantee the long-term success of any new venture. Mr. Brian Tan wants to set up his own business after working in several companies in varied industries over the last 22 years. He has adequate experience in each of these industries. Suggest practical ways how Brian could conduct a feasibility analysis for the following four potential businesses he is interested in: A music school for adults; A fitness centre for women; A pet sanctuary; and A night club for young adults Since his finances are limited and a mistake can be very costly at his age, Brian needs to ensure he steps into the right business. As an entrepreneurship education expert, he seeks your advice. How would you suggest he make his…
Q: Final Reduced Objective Allowable Allowable Cell Name Value Cost Coefficient Increase Decrease $B$5 consider Cake (C) 0 -0.5 4.5 0.5 1E+30 $C$5 consider Dozen Cookies (D) 10 0 10 1E+30 1 what does the value minus .5 for the reduced cost of C mean (other than it is the change in thevalue of the coefficient in the objective function so that the solution includes a positive amountof C)?

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