Which of the Following Is Typically NOT One of the Financing

question 10

Multiple Choice

Which of the following is typically NOT one of the financing costs associated with the financing of real estate?

• A) Closing fees
• B) Loan application and credit report fees
• C) Property inspection and appraisal fees
• D) Loan discount and prepaid interest fees

---

Definitions:

Total Debts

The cumulative amount of all debts and liabilities a company or individual owes.

Total Assets

The sum of all owned resources (current and non-current assets) that a company possesses, which can be found on its balance sheet.

Assets Turnover

A financial ratio that measures the efficiency with which a company uses its assets to generate sales.

Sales

The activities involved in selling products or services to customers, encompassing strategies and processes for identifying customer needs, closing deals, and after-sales support.