Escrow accounts
A)
are required on all conventional financing.
B)
held by banks must earn interest.
C)
ensure that borrowers will make payments on housing-related expenses such as insurance and taxes.
D)
cannot be forced upon a borrower by a lender.
C
Business
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A payout ratio of 35 percent for a company indicates that:
A) 35 percent of dividends are plowed back for growth. B) 65 percent of earnings are paid out as dividends. C) 65 percent of dividends are plowed back for growth. D) 35 percent of earnings are paid out as dividends.
Business
How does Michael Porter define support business activities? What do they include?
What will be an ideal response?
Business