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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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The adjusted trial balance of Sheri dan Company at December 31, 2022, includes the following accounts: Owner's Capital $16,000,
jonny [76]

Proof of income statement.

Revenue    

Service revenue   38300

Expense    

Salaries and wages expense 15700  

Insurance Expense 2300  

Rent Expense  4600  

Supplies expense 1200  

Depreciation Expense  1400  

Total expense   25200

Net income   13100

Sales are the sum of the revenue generated from the sale of goods or services related to the company's main activities. Income, also known as gross income, is often referred to as the "top line" because it is at the top of the income statement. Income or net income is the total profit or profit of the business.

Learn more about Revenue at

brainly.com/question/16232387

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7 0
2 years ago
When joshua proposed​ cross-training his employees so absences and vacations would not pose such a problem in​ productivity, his
natulia [17]

Answer:

a. fear that they would be forced out of their habits

Explanation:

In as much as the aim is for absences and vacations not to pose a problem in​ productivity, Joshua's employees still objected because they might one day be told not to go on vacations and not even be absent from work. Thus, this becomes a problem for them.

Therefore the fear that they would be forced out of their habits sets in and they object the proposal.

5 0
3 years ago
Read 2 more answers
According to Trompenaars, it is important to play hardball, test the resilience of the
Mandarinka [93]
The correct answer is - believe in dominating the environment.
You need to show those cultures that they aren't the only ones that can dominate over everybody else, but rather to show some competition and let them know they aren't the strongest culture in the market, and that they have many competitors. 
5 0
3 years ago
Accountants must abide by a strict code of ethics that defines their responsibilities to
Dennis_Churaev [7]
<span>Accountants must abide by a strict code of ethics that defines their responsibilities to their clients and to the public interest. Hope this answers the question. Have a nice day. Feel free to ask more questions. Thank you.</span>
6 0
3 years ago
Read 2 more answers
Boss Enterprises currently sells its products for per unit. Management is contemplating a ​% increase in the selling price for t
devlian [24]

Answer: 5,000 units

Explanation:

Break-even points in units is calculated by;

= Fixed Costs / Contribution Margin per unit

Contribution Margin

= Sales - Variable Costs

= $40 - ( 40 * 40%)

= 40 - 16

= $24 per unit

Breakeven point

= 120,000/24

= 5,000 units

5 0
3 years ago
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