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Georgia [21]
2 years ago
11

One advantage of a fixed interest rate over a variable rate is that a fixed rate

Business
1 answer:
koban [17]2 years ago
6 0

Fixed rates have the advantage over variable rates in that debt may be readily repaid within the allotted time. Hence, choice B

<h3>What is a fixed and variable rate?</h3>

Loans with fixed interest rates have an interest rate that will not change throughout the loan's term, regardless of changes in market interest rates. A loan with a variable interest rate is one in which the interest rate imposed on the outstanding balance changes in accordance with changes in the market interest rates.

Therefore, the benefit of fixed rate versus variable rate is that it enables speedier debt repayment.

Learn more about interest rates:

brainly.com/question/14445709

#SPJ1

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17. The matching principle requires that a) assets will be matched to the liabilities incurred to purchase them b) non-operating
Zinaida [17]

Answer:

D

Explanation:

The matching principle requires that  revenues earned and expenses incurred in generating those revenues should be reported in the same income statement

the purpose of this is to avoid misstating earnings

4 0
3 years ago
Anyone wants a branliest answer​
nlexa [21]

Answer:

Ummm yeah !!!!!!!!!!!!!!!!!!!!!!!!!

3 0
3 years ago
Read 2 more answers
How can personality/attitude/ego make or break a business deal
Sindrei [870]

The personality/attitude/ego of a person can make or break a business deal because if they are too arrogant or docile they may lose the deal.

<h3>What is an Attitude?</h3>

This refers to the way and manner in which a person relates to others and how he acts around them.

Hence, we can see that when transacting business and as a general rule, it is important to be respectful to others and <em>not</em> be arrogant to them as failure to do this might annoy them and they would refuse to deal with you.

Read more about attitudes here:

brainly.com/question/25379849

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4 0
2 years ago
Tamarisk Corporation acquired a 39% interest in Sheffield Company on January 1, 2021, for $490,000. At that time, Sheffield had
seropon [69]

Answer:

$565,660

Explanation:

Calculation for the balance in Tamarisk's equity investment account at the end of 2021

Cost$490,000

Share of net income $138,840

(.39 × $356,000)

Less Share of dividends ($63,180)

(.39 × $162,000)

Balance in equity investment account$565,660

Therefore the balance in Tamarisk's equity investment account at the end of 2021 will be $565,660

8 0
3 years ago
How can you promote local product?​
vampirchik [111]

Answer:

offer discounts

Explanation:

Five stars if i am right

4 0
3 years ago
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