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Second mortgages but im finding it hard to pay and plus the equity in the house is a lot less on what they gave us what can you do?

i have a second mortgage and find it hard to pay the equity in the house is far to low to what they gave what can i do


How does one build equity in a home?

Equity is built in a home by improving on its quality that it hard when it was bought. Adding more bathrooms or closets is the easiest way to do this.


How does a hard money lender make his profits?

A hard money lender provides a short term loan with a high interest rate and fees. Further a hard money lender will only lend if in an equity position.


Difference between equity and owner's equity?

EQUITY:- Equity is the term in which liability is introducedOwner Equity :- Owner Equity is the term in which liabilty and owner capital is introduce...it is some time called Equities....


What is net equity?

net new equity is given by the formula; new equity-old equity- addition to retained earnings


Who are some hard money lenders in California?

Some hard money lenders in California are The Norris Group, Arixa Capital Advisors, Equity Coalition, City Capital Realty, The Hard Money Pros, Athas Capital and Vantex Mortgage.


What is the singular possessive of equity?

The possessive form of the singular noun equity is equity's.


What is net new equity?

net new equity is given by the formula; new equity-old equity- addition to retained earnings


What is the equity multiplier if a company has a debt equity ratio of 1.40 return assets is 8.7 persent and total equty is 520000?

The equity multiplier = debt to equity +1. Therefore, if the debt to equity ratio is 1.40, the equity multiplier is 2.40.


What is Net new equity raised?

net new equity is given by the formula; new equity-old equity- addition to retained earnings


Does sweat equity means you are a partner in the company?

Sweat equity just means you put hard work into the company. You are not a partner unless the other partner[s] put you in the paperwork as a partner. However, instead of making you put up a financial stake they can give you credit for the amount of money your labor would have cost them. That's why it is called 'sweat equity'.


How to calculate the average shareholders' equity?

To calculate the average shareholders' equity, add the beginning shareholders' equity to the ending shareholders' equity and divide by 2. This gives you the average shareholders' equity for the period.