kimball gardens is a company that operates as two distinct businesses: one that sells lawn and garden products and one that markets booklets. each business is called a

The value of pay will be 475.00. So, the correct answer is C).

The variable "hours" is assigned the value of 45. The variable "payRate" is assigned the value of 10.00. The expression "hours <= 40 ? hours * payRate : 40)" evaluates to 40 * 10.00 since hours is greater than 40.

The variable "pay" is assigned the value of 400.00. The variable "payRate" is then reassigned the value of 1.5. The expression "40 * payRate + (hours - 40) * payRate * 1.5" evaluates to 40 * 1.5 + (45 - 40) * 1.5 * 1.5, which simplifies to 60.00 + 16.875.

The variable "pay" is then reassigned the value of 76.875, which rounds to 475.00. So, the correct option is C).

To know more about Pay:

https://brainly.com/question/15505825

#SPJ4

--The given question is incomplete, the complete question is given

" What will be the value of pay after the following statements are executed? int hours 45; double pay, payRate 10.00; pay hours <= 40 ? hours * payRate : 40) payRate 1.5; 40 * payRate + (hours

450.00 400.00 475.00 465.00"--

a)  if you hold the bond until it matures in 2040, you will earn a rate of return of 6.38% per year.

b)   The bond would be worth $1,480.70 in 2030 if you decided to redeem it at that time.

c) If you hold the bond from 2030 to 2040, you will earn a rate of return of 3.59% per year.

a)To calculate the rate of return, we need to use the formula for the yield to maturity:

PV = FV / (1 + r)^n

Where PV is the present value, FV is the future value, r is the rate of return, and n is the number of periods.

In this case, PV = $900, FV = $2,000, and n = 20. Solving for r, we get:

r = ((FV / PV)^(1/n) - 1) x 100

r = (($2,000 / $900)^(1/20) - 1) x 100

r = 6.38%

B)To calculate the value of the bond in 2030, we need to discount the $2,000 future value back to 2030 using the 1.1% annual interest rate:

PV = FV / (1 + r)^n

Where PV is the present value, FV is the future value, r is the interest rate, and n is the number of periods.

In this case, PV = ?, FV = $2,000, r = 1.1%, and n = 10. Solving for PV, we get:

PV = FV / (1 + r)^n

PV = $2,000 / (1 + 1.1%)^10

PV = $1,480.70

C)Finally, to calculate the rate of return if you hold the bond from 2030 to 2040, we can use the same formula for the yield to maturity:

PV = FV / (1 + r)^n

Where PV is the present value, FV is the future value, r is the rate of return, and n is the number of periods.

In this case, PV = $1,480.70, FV = $2,000, and n = 10. Solving for r, we get:

r = ((FV / PV)^(1/n) - 1) x 100

r = (($2,000 / $1,480.70)^(1/10) - 1) x 100

r = 3.59%

Learn more about rate of return

https://brainly.com/question/24232401

#SPJ4

At Sony, top executives are formulating strategies to stop option (c) Ethical lag

The Sony has started a nationwide recycling program to address the growing concern about the disposal of electronics in landfills. The goal of the program is to take back and recycle one pound of electronics for every pound of product that Sony puts out in the marketplace. This initiative indicates that Sony is aware of the potential environmental impact of electronic waste and is taking steps to address it, which suggests that they are addressing the issue of ethical lag.

Ethical lag refers to the time it takes for ethical considerations to be incorporated into business practices and is often seen when new technologies emerge. In this case, the concern about the disposal of electronic waste is a relatively new issue, and Sony is taking steps to address it

Therefore, the correct option is (c) Ethical lag

Learn more about Sony here

brainly.com/question/30636309

#SPJ4

The creation across the supply chain and its markets of a coordinated flow of demand is the definition of demand planning.

It involves coordinating and managing demand across the supply chain and its markets, helping businesses adapt to market changes and optimize capital, money, and resources while maintaining accurate accounting practices.

Demand planning is a business process that involves forecasting, planning, and managing demand for a company's products or services. It refers to the process of identifying and predicting consumer demand for a company's goods or services and then aligning production, inventory, and supply chain activities to satisfy that demand.

Demand planning is critical in ensuring that companies can meet customer needs while reducing waste and inefficiencies in the supply chain. It also assists companies in making decisions about the amount of capital to allocate to inventory, manufacturing, and other activities.

Learn more about demand: https://brainly.com/question/30263306

#SPJ11

D) A loan made in yen to a company in the United States is an example of external debt for the United States.

The portion of a country's debt that is borrowed from foreign lenders, such as commercial banks, governments, or international financial institutions, is known as external debt. These loans, including interest, must typically be repaid in the currency in which they were made.

The borrowing country may sell and export goods to the lending country in order to earn the required currency. External debt, also known as foreign debt, includes both principal and interest but excludes contingent liabilities, which are debts that may be incurred at a later date based on the outcome of an uncertain future event.

External debt can take the form of a tied loan in some cases, which means that the funds obtained through the financing must be spent in the country.

To know more about external debt:

https://brainly.com/question/527881

#SPJ4

Correct question:

Which of the following is an example of external debt for the United States?

A) A purchase of Apple stock by a person in Canada

B) A loan made by Citibank to the government of Mexico

C) A purchase of U.S. Treasury bills by the Bank of Japan

D) A loan made in yen to a company in the United States

The correct option is d.

If business has been good and Korey expects the same level of business next month, then bringing on an extra hand to help run the store in the afternoons should enable the store to serve more customers and increase sales.

As long as the increase in sales revenue generated by the additional employee is greater than $435 per month, Korey's monthly net income will not be affected by the change.

However, if the additional employee does not generate enough additional revenue to cover their salary, then Korey's monthly net income would decrease by the amount of the additional expense, which is $435 per month in this case.

Therefore, The correct option is d.

For more question on sales

https://brainly.com/question/29417616

#SPJ11

The retailer considers visa and master card sales as credit sales. The answer is OPTION C

Since national credit card sales on Visa and MasterCard are debited directly from the business's account, these transactions are documented as cash sales.  Credit purchases are transactions in which the debt will be paid in full at a later time.

In other words, credit sales are transactions where the customer does not pay in full, in cash, at the moment of the transaction. Cash purchases are those made to clients who pay with bank credit cards like MasterCard and VISA. The Credit Card Expense account is debited for the processing fees levied by the credit card provider.  The answer is OPTION C

To learn more about credit, click here.

https://brainly.com/question/1475993

#SPJ4

Giving everyone an equal chance is essential to being a good corporate citizen. Giving priority to fairness, diversity, and inclusion is one approach to achieve this. Your business should be diverse, and everyone should feel at home there regardless of their origins or identities.

Diversity is the term used to describe the traits that make each of us unique, such as our histories, personalities, experiences, and beliefs—all of which help to define who we are. Our variety intersects to influence our viewpoint, perspective, and methodology. Diversity is the inclusion of a wide variety of individuals from various backgrounds. Gender, race, ethnicity, financial status, age, cultural, religious, and political diversity are a few examples of variety. Diversity allows people to learn from one another's knowledge and experiences. Incorporating a range of opinions and concepts enhances problem-solving. Communication is improved and innovation is encouraged when working in diverse teams. The value of variety also relates to our culture.

Learn more about diversity here

https://brainly.com/question/26794205

#SPJ4

True. In a dealer market, the broker facilitates trades between buyers and sellers by taking the trade through a dealer who participates in trades as a principal.

This means that the dealer buys and sells securities for their own account and takes on the risk of holding those securities until they can be sold to another buyer. The dealer earns a profit by buying low and selling high, which is known as the bid-ask spread. The broker earns a commission on the trade.

A dealer market is a type of financial market where participants, known as dealers or market makers, buy and sell securities for their own account. In a dealer market, the dealers act as intermediaries between buyers and sellers, providing liquidity to the market by buying securities from sellers and selling them to buyers.

Unlike an auction market, where buyers and sellers trade with each other through a centralized exchange, in a dealer market, buyers and sellers trade through dealers who hold an inventory of securities and are willing to buy and sell at quoted prices. The prices quoted by dealers include a bid price (the price at which the dealer is willing to buy a security) and an ask price (the price at which the dealer is willing to sell a security).

To know more about  dealer market, here

https://brainly.com/question/30048768

#SPJ4

Answer:

b) commitment

Explanation:

As his behaviors shows that he is not going to work but going to fishing means he has lack of commitment towards his company

Employee commitment is an emotional bond with and participation in a company. Employee commitment is a connection between the employee and the organisation that makes the person desire to keep working for and with the organisation to meet its goals.

Geraldo lacks commitment. Geraldo lacks commitment when he would rather go fishing than work his business.

What is commitment?Commitment is the state of being committed to a cause or activity. It is the pledge or assurance that one will follow through on a promise or duty.What does the statement suggest?Geraldo often prefers fishing over working his business, indicating that he is not dedicated to his business; thus, he lacks commitment. Geraldo lacks the focus and devotion necessary to achieve success in his business since he would rather do something else, implying that he is not committed to the company.

Know more about commitment here;

https://brainly.com/question/13864456

#SPJ11

The total annual opportunity cost of financial capital invested in the business will be $340. Option C is correct.

Opportunity cost refers to the benefits that are forgone when choosing one option over another. In other words, it is the value of the next best alternative that must be given up in order to pursue a certain action.

The opportunity cost of capital is the return that Gwen could have earned if she had not invested the money in the photography studio. To calculate the opportunity cost, we need to find the return on the $2,000 that Gwen withdrew from her savings account and the return on the $4,000 loan that she took out from the bank.

Return on savings account = $2,000 x 0.03 = $60

Return on loan = $4,000 x 0.07 = $280

Therefore, the total annual opportunity cost of the financial capital invested in the business is;

$60 + $280 = $340

Hence, C. is the correct option.

To know more about opportunity cost here

https://brainly.com/question/13036997

#SPJ4

The APBO on December 31, 2024, is $36,952. APBO can be calculated by  the annual service cost, interest cost and calculate the APBO on December 31, 2024.

The remaining service years for the employee is 20 years, as they are expected to serve the company for a total of 25 years and have already served 5 years as of January 1, 2024.

Divide the EPBO by the total service years to calculate the annual service cost. In this case, the EPBO is $149,000 and the total service years are 25.

Therefore, the annual service cost is $149,000 / 25 = $5,960.

Multiply the APBO at the beginning of the year by the appropriate discount rate to get the interest cost.

In this case, the APBO at the beginning of the year is $29,800, and the discount rate is 4%.

So, the interest cost is $29,800 * 0.04 = $1,192.

Add the annual service cost and the interest cost to the APBO at the beginning of the year to calculate the APBO on December 31, 2024.

In this case, the APBO at the beginning of the year is $29,800, the annual service cost is $5,960, and the interest cost is $1,192.

Therefore, the APBO on December 31, 2024, is $29,800 + $5,960 + $1,192 = $36,952.

Read more about APBO.

https://brainly.com/question/15736019

#SPJ11

The value of the bond is $568.56 (rounded to the nearest cent).

To calculate the value of the bond, we need to find the present value of the future cash flows (semiannual coupon payments and the final payment of $1,000) discounted at the current market rate of 7.4%.

First, we need to calculate the number of periods (N) for the bond, which is 2 * 10 = 20 (since there are two semiannual payments per year for 10 years).

Next, we can use the following formula to calculate the present value (PV) of the bond:

PV = C * [(1 - (1 + r)^-N) / r] + FV / (1 + r)^N

where:

C = semiannual coupon payment = $30

r = market interest rate per period = 7.4% / 2 = 0.037

N = number of periods = 20

FV = final payment at maturity = $1,000

Plugging in the values, we get:

PV = $30 * [(1 - (1 + 0.037)^-20) / 0.037] + $1,000 / (1 + 0.037)^20

PV = $568.56

Learn more about  bond  value

https://brainly.com/question/22504216

#SPJ4

($200,000 selling price - $161,000 adjusted basis) The taxpayer is required to record a long-term capital gain of $20,000 ($20,000).

The total depreciation of $19,000 should be recovered as ordinary income up to the gain or $20,000, whichever is less. Therefore, the taxpayer's year-three tax return should include $19,000 in regular income from depreciation recapture and $1,000 in long-term capital gain. A taxpayer is anyone who owes taxes to the federal, state, or municipal governments, whether they are an individual or a business. Governments primarily obtain their funding from taxes, which are levied on both citizens and companies. According to the provisions of the Income Tax Act, a taxpayer is a person or a company that pays taxes on its income each year. It becomes legal once you submit income tax returns and disclose your earnings.

Learn more about taxpayer here:

https://brainly.com/question/29664276

#SPJ4

The entrepreneur must sell at least 2,740 gallons of water to turn an economic profit.

Enter your responses rounded up to the nearest gallon.The first step in solving this problem is to determine the total cost of the venture. This can be calculated by adding the cost of rent and the cost of water:Total cost = rent + (price of water x number of gallons)Total cost = $2,500 + ($1.34 x n)Next, we need to determine the total revenue generated from selling the water.

This can be calculated by multiplying the selling price per gallon by the number of gallons sold:Total revenue = $2.25 x nTo turn an economic profit, the revenue must be greater than the cost:Total revenue > Total cost$2.25 x n > $2,500 + ($1.34 x n)Solving for n:Number of gallons sold > 2,739

For more such questions on entrepreneur

https://brainly.com/question/353543

#SPJ11

The total profit made by the company is -$18 by using the formula Total Revenue = Cost x Amount.

To decide the entire profit made by the firm, we ought, to begin with distinguishing the profit-maximizing amount and cost for the firm.

In a monopolistic competitive showcase, the profit-maximizing amount and price are decided where minimal income (MR) breaks even with minimal taking a toll (MC).

Looking at the chart, able to see that this happens at point A, where the MC bend intersects the MR bend. At this point, the firm produces an amount of 9 units and sets a cost of $17.

To calculate the whole benefit, we ought to subtract the overall cost (TC) from the full revenue (TR). The overall revenue is rise to the cost duplicated by the quantity sold, so:

TR = Cost x Amount

TR = $17 x 9

TR = $153

To calculate the entire fetched, we got to discover the overall taken toll related to creating 9 units of yield. Able to utilize the normal add up to fetched (ATC) bend to discover the entire taken toll per unit of yield and after that increase by the amount delivered:

ATC at point A is $19, so the full taken toll of creating 9 units is:

TC = ATC x Amount

TC = $19 x 9

TC = $171

Presently able to calculate the benefit as:

Benefit = TR - TC

Benefit = $153 - $171

Benefit = -$18

Hence, the full profit made by the firm is -$18. This implies that the firm is making a loss in the short run.

learn more about  monopolistic competitive

brainly.com/question/29407851

#SPJ4

The selections that use an effective "you" attitude are:

A: Thank you for shopping at Freelinks. Your order will ship on Saturday.

C: We want you to take full advantage of the professional development workshops we offer.

D: Your online shopping experience at Toys4fun should be enjoyable.

These statements show a customer-centered approach by using "you" to address the customer directly, acknowledging their needs, and providing them with a positive experience. The statement about the company BBQ uses a similar approach by offering an incentive for attendance. This creates a positive impression and encourages the reader to take action.

Overall, using an effective "you" attitude is a way to build trust, establish rapport, and communicate in a customer-focused manner.

Correct options are A, C, and D.

You can learn more about customer-centered approach at

https://brainly.com/question/28194955

#SPJ11

Competitive advantages are normally the result of superiority in one of three areas. Such an area is d. resources

Superior performance in one or more of the three categories of resources, skills, and marketplace usually leads to competitive advantages. Resources allude to the material and immaterial assets that a firm has, such as its assets, cash resources, etc. Firm with more resources may be able to create and sell better goods, provide better customer service, or make greater investments in Research and development.

The capacity of the business to carry out particular duties or responsibilities, such as design, production, marketing, or customer support, is referred to as its capabilities. Firms can create goods of a higher calibre and run more smoothly. Market position, like market share, brand reputation, or client loyalty, relates to firm's place within its sector or market. Strong market positions may enable businesses to command higher rates, draw in more clients, or outperform rivals more successfully.

Read more about Competitive advantages on:

https://brainly.com/question/26514848

#SPJ4

Revenue is the total quantum of profit from the trade of goods and services related to the company's core business. This is option A.

The increase in equity from the trade of services and products is called revenue . It's the quantum that the company has generated through its operations in a given period of time. means and arrears would not affect equity.

Revenue is the moneybags generated in the ordinary course of business and is calculated by multiplying the average selling price by the number of units vented. This is the total quantum from which other costs and charges are abated to calculate your net income.

Question:

The increase in equity performing from the provision of products or services to guests is as follows

a)revenue

b) Investment exertion.

c) fiscal means.

d) arrears.

e) charges.

To know more about Revenues,

brainly.com/question/16831174

#SPJ4

Monopoly is he illustration in the given case. Thus Option A is the correct answer.

The definition of monopoly in the eyes of a layman is the an organization that posses the exclusive and crucial control over a type of commodity or service or supply. It is the ownership through legal privileges command of supply or concerned action. In short it means the dominance of a market by  one owner or company.

Furthermore, as mentioned in the question in United states pf America the producing of breakfast cereals is provided by only companies like Kellogg's, Genera Mills, and General Food. Therefore after careful processing and cognitive thinking it is cleared that the given instance is a form of or practice of monopoly.

To learn more about Monopoly,

https://brainly.com/question/5832236

#SPJ4

If brand X has 3 types of market offering, then the number of product lines that brand X operates is 2.

A "Product-Line" is defined as a group or set of related products that are marketed and sold by a company under a common brand or product family name.

The total number of market offering by brand X = 3,

Even though there are 3 types of market offerings, they can be grouped into 2 product lines.

Brand X operates 2 product lines. One product line includes the technology-related products, which consists of 2 models of smartwatches and 1 model of camera.

The other product line is the online-market research consulting service with one type of service plan available.

Therefore, brand X operate 2 product lines.

Learn more about Product Line here

https://brainly.com/question/30001373

#SPJ4

We must first determine the new market value of the company following the financing and buyback of equity in order to determine the weight in equity and the weight in debt following the planned financing and repurchase of stock.

The following formula can be used to determine the firm's market value following the financing:

Market value of the company is equal to the sum of its equity and debt.

The company's new market worth is $400,000 - $225,000, or $175,000

We may assume that the total quantity of equity remains at $400,000 since the company is utilizing the money from the sale of debt to repurchase outstanding shares.

As a result, the weight in equity following the suggested financing and stock repurchase may be estimated as follows:

Weight in equity = Market value of equity / New market value of the firm

Weight in equity = $400,000 / $175,000

Weight in equity = 2.29 or 229%

The weight in debt after the proposed financing and repurchase of equity can be calculated as:

Weight in debt = Market value of debt / New market value of the firm

Weight in debt = $225,000 / $175,000

Weight in debt = 1.29 or 129%

It's worth noting that the weights calculated above do not add up to 100% due to the fact that the market value of equity exceeds the new market value of the firm.

To know more about financing-

brainly.com/question/29493385

#SPJ4

The scenario described is an example of a ritual as a visual element of culture.

The CEO's annual costume presentation during the stockholder meeting has become a repeated and highly anticipated event for the employees, which adds to the symbolic meaning of the event and reinforces the culture of the organization. The visual aspect of the CEO's costume adds to the ritualistic nature of the event and helps to create a shared identity and sense of belonging among employees.

For more questions like stockholder  visit the link below:

https://brainly.com/question/13315991

#SPJ11

The scope of small business marketing has always been broad, although it has become even broader in recent years due to the advancement of technology and the proliferation of digital marketing tools.

The use of social media, influencer marketing, email marketing, search engine optimisation, and other marketing strategies by small firms is now possible.

Small businesses can use these tools to reach a larger audience and provide more individualised services to clients.

Moreover, small enterprises may now contact clients from all over the world thanks to the development of e-commerce. The breadth of small business marketing has expanded as a result, and it now includes a wide range of techniques and tactics.

In conclusion, small business marketing has always been broad, but in recent years, thanks to digital tools and e-commerce, its breadth has expanded even more.

To learn more about small business visit:

https://brainly.com/question/7020331

#SPJ4

VOADs (Voluntary Organizations Active in Disaster) often work with various organizations and partners to provide disaster response and recovery services. Successful partnerships with VOADs involve effective communication, early engagement, and clearly defined expectations. option (c) is the best answer.

Among the options provided, (c) early engagement, frequent communications, and agreed mutual expectations, is the most comprehensive and accurate answer.

Early engagement means that organizations partner with VOADs before disasters occur, allowing them to prepare and plan together. Frequent communication helps to maintain a strong relationship and enables effective collaboration during disaster response and recovery efforts. Agreed mutual expectations refer to establishing clear goals, roles, and responsibilities for each partner, which can be reflected in a formal agreement or contract.

Learn more about VOADs  ,

https://brainly.com/question/26795286

#SPJ4

Under absorption costing, the fixed manufacturing overhead cost included in Ida Sidha Karya Company's inventory at the end of last year is $6,000.

To calculate the fixed manufacturing overhead cost included in inventory, we need to use the formula: Fixed manufacturing overhead cost per unit x Units in ending inventory.

The fixed manufacturing overhead cost per unit is calculated as follows:

Thus:

Then, we can calculate the fixed manufacturing overhead cost deferred in inventory by multiplying the fixed manufacturing overhead cost per unit by the units in ending inventory:

Therefore, $6,000 is included in Ida Sidha Karya Company's inventory under absorption costing.

The complete question:

Ida Sidha Karya Company is a family-owned company located in the village of Gianyar on the island of Bali in Indonesia. The company produces a handcrafted Balinese musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $850. Selected data for the company's operations last year follow:

Units in beginning inventory 0Units produced 250Units sold 225Units in ending inventory 25Variable costs per unit: Direct materials$100Direct labor$320Variable manufacturing overhead$40Variable selling and administrative$20Fixed costs: Fixed manufacturing overhead$60,000Fixed selling and administrative$20,000

The absorption costing income statement prepared by the company's accountant for last year appears below:

Required:

Learn more about absorption costing https://brainly.com/question/26276034

#SPJ11

Tom and Lily need to report $375 on their 2022 tax return. A tax return is an official document that includes a taxpayer's income, deductions, and tax obligations for a given financial year.

It also includes any overpayments or underpayments of taxes from the previous year. The government uses tax returns to calculate the amount of taxes owed or the refund amount owed to the taxpayer. A married couple Tom and Lily, filed their tax return jointly, with a standard deduction of $25,100 for the year 2021. In 2021, they paid $500 in state income taxes.

In 2022, they received a $125 refund for the state taxes they paid in 2021.The amount that Tom and Lily need to report on their 2022 tax return can be calculated as follows:

Total amount paid for state income tax in 2021 = $500 Amount of refund received in 2022 for state income tax paid in 2021 = $125 Amount to be reported on the 2022 tax return = $500 - $125= $375Therefore, Tom and Lily need to report $375 on their 2022 tax return.

To know more about tax return refer here:

https://brainly.com/question/7647897#

#SPJ11

The terminal value refers to the present value of the expected cash flows from a business or investment beyond a specified period of time, often referred to as the "terminal period." The correct answer is: d) terminal value.

It represents the value of the investment or business beyond the projected period, and is typically calculated using various methods such as the discounted cash flow (DCF) analysis or the multiples approach.

The other options listed are not synonymous with the terminal value:

a) Reversion value: This term is typically used in real estate or property valuation and refers to the estimated future value of a property after a specific period of time, assuming it returns to its original condition or state.

b) Going-concern value: This refers to the value of a business as a functioning entity, assuming it will continue its operations indefinitely and generate future cash flows.

c) Horizon value: This term is often used in finance and investment analysis to refer to the value of an investment or business at the end of a specific time horizon, typically used in financial modeling or forecasting.

Learn more about terminal value,

https://brainly.com/question/13784487

#SPJ4

The appropriate journal entry for the sale of the gift card in January would involve two accounts: Cash and Gift Card Liability.

When Summit Department Store sells the gift card for $50, they are receiving cash and have an obligation to provide goods or services to the customer in the future. This obligation is recorded as a liability.

Step-by-step explanation:

1. Identify the accounts involved: In this case, the accounts are Cash (an asset account) and Gift Card Liability (a liability account).

2. Determine the increase or decrease in each account: Cash increases by $50 because the store receives the money, and Gift Card Liability increases by $50 because the store now owes the customer goods or services.

3. Record the journal entry: Since both accounts are increasing, we will debit Cash (which is an asset account) and credit Gift Card Liability (which is a liability account).

The journal entry in January would look like this:

- Debit Cash: $50

- Credit Gift Card Liability: $50

This journal entry shows that the store has received cash for the sale of the gift card and has recorded a liability, acknowledging its obligation to provide goods or services to the customer.

The remaining balance on the gift card after the customer spends $20 in February would still be recorded as a liability (Gift Card Liability) until the full amount has been redeemed.

To know more about Cash and Gift Card Liability here

https://brainly.com/question/14814319

#SPJ11

Before closing, the homebuyer will be generally responsible for completing the loan application, ordering a home inspection, and the securing homeowners insurance.

A homebuyer is a person or entity who is looking to purchase a residential property, such as a house or a condo, with the intention of living in it or renting it out for income. The homebuyer typically conducts research on properties available in the market, arranges financing for the purchase, and works with a real estate agent or broker to complete the transaction.

The homebuyer may also be responsible for completing the loan application, ordering a home inspection, and securing homeowners insurance before the purchase is finalized.

To know more about homebuyer here

https://brainly.com/question/30689544

#SPJ4