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KengaRu [80]
4 years ago
12

What is a rate loan is one in which the interest rate charged on the balance fluctuates as market interest rates change, resulti

ng in payments that may change from month to month?
Business
1 answer:
matrenka [14]4 years ago
7 0
<span>This is a variable-rate loan. The interest rate changes due to market variations and the rates associated with the market. Some months can have higher rates (and thereby, payments), while other months could be the same or lower, leading to slightly lowered payments.</span>
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Answer:

A) the affordable method,

In Fine Fettle's management reviews what it is trying to achieve with promotion and sets the budget based on anticipated expenses.

B) the percentage-of-sales method,

In Fine Fettle's management reviews its forecasted sales volume for the turmeric bar and sets is promotional budget at $150,000.

C) the competitive-parity method,

In Fine Fettle looks at its competitors and finds that their average promotional spending ranges from $100,000 to $250,000. Therefore, the promotional budget is set at $200,000.

D) the objective-and-task method.

In Fine Fettle's management reviews its revenues and expenses and allocates promotional spending based on what management believes it has to spend

Explanation:

A) is deciding the promotion expense considering how much can afford based on the expenses budget

B) determninate the promotion based on a percentage of expected sales

C) the company will look at their competitors promotion expense and try to keep up with that level to avoid being left behind

D) management will determinate on a monthly/ weekly basis where and how much to promote

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4 years ago
Last years ending inventory was overstated. This error would cause...
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This periods end assets to be overstated

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As inventory is summarized in the assets if the final inventory is overstated it will generate an overstate in the following years.

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The correct answer is letter "A": be driven to a lower price.

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