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2 years ago

Pros and Cons of Adjustable-Rate Mortgages

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4 0

The pros and cons of the Adjustable-Rate Mortgages are consistent payments and lower interest rates possible.

<h3>What is Mortgage?</h3>

Mortgage refers to the agreement between the lender and the buyer which involves the exchange of the money.

When person and a lender enter into a mortgage, the lender is granted the power to seize your property if person are unable to pay back the loan amount plus interest. Mortgage loans are used to either purchase a home or borrow against an existing home's worth.

Adjustable-Rate Mortgages is the loan which is granted for the homes which depends on the market as it does not has the fixed rate of interest.

The ARS mortgage type offers comfortable consistent payments, and over time, reduced interest rates may be feasible. However, there is a chance that interest will grow, which could be a drawback.

Learn more about Adjustable-Rate Mortgages here:

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Research shows that legal action is taken against fraud perpetrators in: Group of answer choices Almost all fraud cases. More th

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Answer:

Less than half of fraud cases.

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3 years ago

g The low cost of labor in other countries around the globe is a factor that business must consider because they are impacted by

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Answer:

The low cost of labor in other countries around the globe is a factor that business must consider because they are impacted by:

the high cost of domestic labor.

Explanation:

An entity's ability to be globally competitive in the face of foreign manufacturers with low cost of labor is not helped by the high cost of domestic labor. The cost of direct labor forms part of the computations for the cost of a product and its pricing. Cheaper imports are more affordable to consumers than local products, thus causing consumers to prefer imports to domestic products.

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3 years ago

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3 years ago

As indicated in the chapter, return on investment (ROI) is well entrenched in business practice. However, its use can have negat

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Answer:

ROI = net profit / total investment

1. What is the current return on investment (ROI) being realized by your division

ROI = $625,000 / $4,150,000 = 15.06%

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ROI = ($625,000 + $50,000) / ($4,150,000 + $550,000) = 14.36%

If you carry out the new project the ROI of your division will decrease.

3. As manager of this division, given your incentive compensation plan, would you be motivated to make the new investment?

Even though the new project's return (9.1%) is considered acceptable by upper management, you will probably reject it since it will decrease your division's total ROI. When managers are assigned bonuses based on certain achievements, reducing your profitability ratio will probably result in no bonus.

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3 years ago

Each of the following documents is used in the control of cash disbursements except a.cash register tapes. b.receiving reports.

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Answer: a. cash register tapes.

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3 years ago