A fixed-rate loan is a loan whose rate of interest is established at a fixed increment above the prime rate and is allowed to vary above the prime rate only when the prime rate varies until maturity
Indicate whether the statement is true or false
FALSE
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An approach to competitive advantage that exploits weaknesses in competitors' narrow-focus strategies is called a ________ strategy
A) loose bricks B) collaboration C) layers of advantage D) supplier power E) generic
The dimensions in the VALS framework are consumer resources and ________
A) marketer resources B) product innovation C) consumer maturity D) impulsiveness E) consumer motivation
If the parties to a sales contract do not agree to the time, place, and manner of delivery of the goods, the place for delivery is the seller's place of business.
Answer the following statement true (T) or false (F)
Southport Company is considering the purchase of a piece of equipment that costs $113,400. The equipment would be depreciated on a straight-line basis to its expected salvage value of $6400 over its 10 years useful life. Assuming a tax rate of 40%, what is the annual amount of the depreciation tax shield provided by this investment?
A. $6420 B. $10,700 C. $4280 D. None of these answers is correct.