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Nikolay [14]
3 years ago
14

You are considering a 5/1 ARM. What does the 1 represent?

Business
2 answers:
arlik [135]3 years ago
4 0

Answer:

A. The number of years between adjustments in the interest rate

Explanation:

Took the class

Nata [24]3 years ago
3 0

Answer:

Explanation:

The answer is A hope it helps

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Paid to Legal advisor as legal expenses Rs 8,000.<br>​
vlada-n [284]

Answer:

1

Explanation:

6 0
3 years ago
Of the 27.8 million businesses in this country at the end of 2008, the majority _____.
Tatiana [17]

A) Are small businesses

There are more small businesses in existence than any other type of business.

8 0
3 years ago
John purchases a call option with a strike price of $110 that is selling for $3.50 when the stock is trading at $108 per share.
andreev551 [17]
The intrinsic value of a call option can be calculated by subtracting the strike price from the market price ($108-$110=?). Therefore the intrinsic value of John's call option is $-2 or 0.
3 0
3 years ago
For more than a thousand years, the Catholic Church required its members to abstain from meat on Fridays. Catholics customarily
bonufazy [111]

Answer:

Option (b) is correct.

Explanation:

Before 1966, Catholics were restricted from consuming meat on Fridays and they ate fish on Fridays. But after 1966, there were no such restrictions are there and they are free to eat meat on Fridays, now Catholics also consume meat on Fridays.

This will result in an increase in the demand for meat and demand for fish decreases. So, this will shift the demand curve of fish leftwards and demand curve of meat rightwards.

4 0
3 years ago
Bridgeport Architects incorporated as licensed architects on April 1, 2022. During the first month of the operation of the busin
mars1129 [50]

Answer and Explanation:

The journal entries are shown below:

1. Cash $19,980

    To Common Stock $19,980

(Being the invested amount is recorded)

2. No journal entry is required  

3. Rent Expense $999

       To Cash $999

(Being the rent expense is recorded)

4. Supplies $1,443

    To Accounts Payable $1,443

(being supplies purchased on account is recorded)

5. Accounts Receivable $2,109

      To Service Revenues $2,109

(Being service provided is recorded)

6. Cash $777  

     To Unearned Revenues $777

(Being cash is recorded)

7. Cash $3,108

      To Service Revenues $3,108

(Being cash is recorded)

8. Salary & Wages Expense $1,664

   To Cash $1,664

(Being cash paid is recordeD)

9. Accounts Payable $333

      To Cash $333

(Being cash paid is recorded)

5 0
3 years ago
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