The prime lending rate is the base rate on

A) corporate loans. B) auto loans.
C) mortgage loans. D) home equity loans.


A

Business

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The adjusting entry for accrued interest on notes receivable includes

a. debiting Interest Expense and crediting Interest Revenue; b. debiting Interest Receivable and crediting Interest Revenue; c. debiting Interest Revenue and crediting Accrued Interest Payable; d. debiting Accrued Interest Receivable and crediting Interest Payable; e. none of these

Business

Identify three disadvantages and three advantages of standardizing the marketing mix worldwide

What will be an ideal response?

Business

ISO certification ______.

A. takes time but not much effort B. takes a lot of effort but not much time C. takes both time and effort D. takes neither time nor effort

Business

Rosewood Corporation produces a single product. The following cost structure applied to its first year of operations: Variable costs: SG&A $2 per unit Production $4 per unit Fixed costs (total cost incurred for the year): SG&A $14,000 Production $20,000 Refer to Rosewood Corporation. Assume for this question only that Rosewood Corporation manufactured 5,000 units and sold 4,000 in the current

year. If Rosewood employs a costing system based on variable costs, the company would end the current year with a finished goods inventory of a. $4,000. b. $8,000. c. $6,000. d. $5,000.

Business