A buyer puts a down payment of $20,000 on an $80,000 house. The loan to value ratio would be:
A. 25%
B. 50%
C. 75%
D. 80%
Answer: C. 75%
Business
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As a preferred stockholder, you are entitled to numerous preferences and privileges over common stockholders. If you are a preferred stockholder of a company that has fallen on economic hardship and is likely to go bankrupt, which preference or privilege of preferred stock is going to be most useful to you?
A. Conversion privileges B. Dividend preference C. Asset distribution preference D. Participation privilege
Business
The strategic concept of marketing focuses on customer satisfaction in a socially responsible and sustainable way
Indicate whether the statement is true or false
Business