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
Georgia [21]
3 years ago
8

Which statement is true of an adjustable rate mortgage?

Business
1 answer:
DerKrebs [107]3 years ago
3 0
The answer is B. Adjustable rate mortgage is a mortgage loan where the interest rate stays for for a certain period of time then it changes either up or down based on an index. It is also called variable-rate mortgage or tracker mortgage. This type of mortgage loan permits a debtor to have a lower initial payment if and only if they agree to assume the risk of the changes in the interest rate.<span>
</span>
You might be interested in
13, a company has recently outsourced its payroll process to a third-party service provider. an audit team was scheduled to audi
MrRissso [65]
<span>As the outsourcing decision is not in the audit term therefore the audit team is not needed to take it into consideration. Audit team is required to work for those matters which are in the term for which it is hired. Notes can be mentioned that outsourcing is used in the next term.</span>
5 0
3 years ago
Which of these factors would NOT cause the supply curve for a particular good to shift?a. a change in the technology used to pro
attashe74 [19]

Answer:

The answer is: a change in the price at which a substitute good is sold

Explanation:

A shift in supply means a change in the quantity supplied at every price.

Let's assume we sell product A. If the price of a substitute product B increases, then the quantity demanded for product A will increase as the quantity demanded for product B decreases. That will cause an increase in the quantity supplied of product A, which may in turn rise the price of product A until again both products (A and B) match their prices.

Instead, a shift in the supply curve means that the quantity supplied of a product will change at every price level.

5 0
3 years ago
Panner, Inc., owns 35 percent of Watkins and applies the equity method. During the current year, Panner buys inventory costing $
ziro4ka [17]

Answer: $2289

Explanation:

First, we have to calculate the gross percentage which would be:

= (Revenue - Cost of goods sold) Revenue

= ($124000 - $86800) / $$124000

= 30%

Therefore, the amount of gross profit must Panner defer in reporting this investment using the equity method would be:

= ($21800 × 30%) × 35%

= $21800 × 0.3 × 0.35

= $2289

6 0
2 years ago
PLEASE HELP!
Leto [7]
Hey there,

Your question states: <span>Which of the following best explains why zoos are not affected by the threat of new entrants?

Based on the option's above, I feel like the answer would be (</span><span>Starting a zoo has a high entry cost.) Because by doing this, this could make to (zoo) in better quality. So when things go down like (a cage) for example, they could easily pay it back with all the extra money they have.

Hope this helps.
~Jurgen</span>
6 0
3 years ago
Read 2 more answers
Which of the following statements about ticket scalping is correct? Multiple Choice
hjlf

Answer:

B. Scalping tends to be prevalent when there is a shortage of tickets.

Explanation:

Ticket scalping -

It is the method of buying the tickets of any event or show and then selling them at a much higher price to another person , is known as the process of ticket scalping .

It is an illegitimate practice .

Hence , during the shortage of ticket , the process of ticket scalping is increased .

Hence , the correct statement regarding Ticket scalping , is ( B. ) .

7 0
3 years ago
Other questions:
  • In the formula for roi, idle plant assets are question 32 options:
    5·1 answer
  • "All else held constant" is a major problem facing all methods of estimating the demand for business products. Compare and contr
    11·1 answer
  • When a​ firm's longminus−run average cost curve is horizontal for a range of​ output, then in that range production displays?
    12·1 answer
  • During March 2020, Garner Tool &amp; Die Company worked on four jobs. A review of the direct labour costs reveals the following
    6·1 answer
  • Samson Enterprises issued a ten-year, $20 million bond with a 10% interest rate for $19,500,000. The entry to record the bond is
    9·1 answer
  • Phelps, Inc. had assets of $87,938, liabilities of $19,174, and 13,190 shares of outstanding common stock at December 31, 2017.
    9·1 answer
  • PLEASE HELP NOW
    12·1 answer
  • . Identify and explain two principles for ethical accounting practice
    11·1 answer
  • Lopez Company is considering replacing one of its old manufacturing machines. The old machine has a book value of $47,000 and a
    15·1 answer
  • A shipping company in the Midwest has had a rash of on-the-job injuries in recent months and is losing customers because deliver
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!