Spreadsheet Modeling & Decision Analysis: A Practical Introduction To Business Analytics, Loose-leaf Version
Spreadsheet Modeling & Decision Analysis: A Practical Introduction To Business Analytics, Loose-leaf Version
8th Edition
ISBN: 9781337274852
Author: Ragsdale, Cliff
Publisher: South-Western College Pub
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What is the main reason lenders pay borrowers' property taxes through a pre-paid escrow account? It prevents a tax lien from being applied to the home. The tax lien would be senior to the mortgage lien. It prevents the borrower from refinancing with another lender because they would lose all of their escrow funds. It allows the lender to earn interest on the pre- paid tax money as itsits in the account. It allows the lender to take advantage of corporate tax deductions.
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WHAT THEY DON'T KNOW WON'T HURT THEM during my last two years in college, I worked for Dan animal hospital in my hometown. In my time there, many animals passed away in their sleep or for unknown reasons. It was not uncommon. In these situations, our facility would offer the owners the service of an autopsy. An autopsy is a procedure in which the doctor would surgically open up the animal to check for any signs of what might have caused the animal's death. Mrs. Johnson, a client of ours, brought in her dog that had unfortunately passed away while she was at work. Her dog was only five years old, and the owners were not aware of any health problems. No one, including the doctor, could figure out what had caused the death of Mrs. Johns on's dog. Mrs. Johnson was asked if she would give her con- sent for the doctor to perform an autopsy on her dog so they might be able to answer the many questions surrounding his death. Mrs. Johnson did not want this procedure to be done; she just wanted…
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