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3 years ago

What is the advantage of a variable-interest loan?

Business

1 answer:

Maksim231197 [3]3 years ago

5 0

Answer:

Borrower can capitalize on a reference rate decrease

Explanation:

Variable interest rate is the floating interest rate, which changes with change in the interest rate given by central bank. It is not fixed it can vary. It might be increased or decreased time to time.

As a borrower Increase in interest rate will result in loss because due to variable nature we need to pay more interest and decrease in interest rate will result in profit because due to variable nature we need to pay less interest

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What form of pay equity exists when employees are paid according to the differences in job characteristics within the company?

IgorC [24]

I believe the answer is internal form.
Internal pay equity is the equal pay that being made farily according to the positional comparison in the organization.
Internal equity is really important to make sure that your top talents are not feel undervalued by the organization.

8 0

3 years ago

he following balance sheet contains errors. Mark Brock Services Co. Balance Sheet For the Year Ended December 31 Assets Liabilit

zhannawk [14.2K]

Answer:

$97,645

Explanation:

Preparation of Mark Brock Services Co corrected balance sheet :

Mark Brock Services Co. Balance Sheet December 31

Assets

Current assets:

Cash$ 7,170

Accounts receivable10,000

Supplies2,590

Prepaid insurance800

Total current assets $20,560

Property, plant, and equipment:

Land$24,000

Building$43,700

Less accumulated depreciation( 12,525)

Equipment$29,250

Less accumumulated depreciation (7,340)

Total property, plant,and equipment 77,085

Total assets (77,085+20,560) $97,645

Liabilities

Current liabilities:

Accounts payable$ 7,500

Wages payable1,500

Total liabilities$ 9,000

Owner's Equity

Capital 88,645

Total liabilities and owner's equity (88,645+9,000) $97,645

6 0

3 years ago

Upper management is considering using a biodegradable packaging which costs $5 more per unit but it produces less waste in the l

bonufazy [111]

Answer:

Check the explanation

Explanation:

Please the answer to this question is in the attached file

You can confirm the answer by planning income statement with the calculated amount of unit so that whenever you’re through with the calculation, you must get an income figure of 240000. As the amount of units are in decimal so +/- of small number could be possible like you will get the operating income of 240005 if you put 13077 units .

4 0

3 years ago

Economists measure the personal satisfaction someone gets from consuming goods and services with the concept of

KiRa [710]

Economists measure the personal satisfaction derived from consuming goods and services with the concept of UTILITY. Utility refers to the total satisfaction derived from consuming a good or service. The utility of a good or service has direct influence on demand and therefore price of that product.

6 0

3 years ago

All of the following statements related to preparation of the statement of cash flows under U.S. GAAP and IFRS are true except:

iVinArrow [24]

Answer: IFRS permits the classification of cash outflows for interest expense under operating or financing based on which one results in better cash flows from operating activities.

Explanation: The cash flow statement includes only inflows and outflows of cash and cash equivalents; it excludes transactions that do not directly affect cash receipts and payments. These non-cash transactions include depreciation or write-offs on bad debts or credit losses to name a few.

6 0

3 years ago