1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
rosijanka [135]
4 years ago
15

Obtaining a variable-rate mortgage is sometimes wiser than obtaining a fixed-rate mortgage when __________. A) interest rates ar

e low. B) interest rates are high. C) it is an expensive home. D)taxes are high.
Business
1 answer:
Jet001 [13]4 years ago
5 0
<span> interest rates are high
</span><span>. if the interest rates are high you are paying a lot more to borrow money, and you would have the best chance to have the variable rate be lower in the future </span>
You might be interested in
The Tolar Corporation has 500 obsolete desk calculators that are carried in inventory at a total cost of $720,000. If these calc
grandymaker [24]

Answer:

It is more profitable to upgrade the calculators.

Explanation:

Giving the following information:

The Tolar Corporation has 500 obsolete desk calculators that are carried in inventory at a total cost of $720,000. If these calculators are upgraded at a total cost of $140,000, they can be sold for a total of $200,000. As an alternative, the calculators can be sold in their present condition for $50,000.

We need to determine whether it is more convenient to upgrade the calculators or sell them as they are.

Upgrade:

Effect on income= 200,000 - 720,000 - 140,000= -$660,000

Not upgrade:

Effect on income= 50,000 - 720,000= -$670,000

It is more profitable to upgrade the calculators.

5 0
4 years ago
Which number is equivalent to(2.3×107)×(1.1×103)?
mylen [45]

Answer:

Explanation:

Where are the numbers?

3 0
3 years ago
___________ change introduces a new practice to an organization but one that is not new to the industry.
aksik [14]

The answer would be Innovative.

7 0
3 years ago
On June 1, Skysong, Inc. issues 2,700 shares of no-par common stock at a cash price of $6 per share. Journalize the issuance of
faust18 [17]

Answer:

June 1

DR Cash <u>$16,200</u>

CR Common Stock <u>$16,200</u>

<em>(To record issuance of Common Stock)</em>

<u>Workings</u>

Cash

= 2,700 shares * $6 price

= $16,200

8 0
3 years ago
Earnings per share is a corporation's after-tax earnings divided by the number of stockholders.
lora16 [44]
The answer is b.False.  Earnings per share is after-tax earnings divided by the number of shares of stock the company has issued.
7 0
4 years ago
Other questions:
  • In 2021, the Westgate Construction Company entered into a contract to construct a road for Santa Clara County for $10,000,000. T
    10·1 answer
  • Lincoln Company issued $ 90,000 of​ 10-year, 9 % bonds payable on January​ 1, 2018. Lincoln Company pays interest each Janua
    14·1 answer
  • Job 31 has a direct materials cost of $210 and a total manufacturing cost of $540. Overhead is applied to jobs at a rate of 200
    6·1 answer
  • Equipment was purchased for $60,000. Freight charges amounted to $2,800 and there was a cost of $8,000 for building a foundation
    12·1 answer
  • What type of goods are stored in a private warehouse
    14·1 answer
  • BioCure Inc. is a pharmaceutical company that has many breakthroughs in medicine to its credit. Unlike many other pharmaceutical
    12·1 answer
  • A disgruntled customer will tell how many people
    14·2 answers
  • When designing a plan of action, always
    6·1 answer
  • What determines the price of land labor capital and entrepreneurship in a factor market?
    12·1 answer
  • A written statement of policies and principles that guides the behaviour of all employees is called.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!