Mike purchased his home five years ago for $250,000. its current market value is $275,000 and has a mortgage balance of $195,000. he wants to put in a pool and pay for it with a heloc. if the lender requires a maximum ltv of 80%, what is the most mike will receive from the proceeds of the heloc?

The company is experiencing an increase in competition, and at the same time they are building more production facilities in southeast asia. in this scenario, the top management team is most likely to multiple choice increase the cost of their products. restructure to reflect a more bureaucratic, stable organization. pull decision-making responsibility from low-level management, taking it on themselves. give lower-level managers the authority to make decisions to benefit the firm. rid themselves of all buffering product.