You are considering a 3/5 arm. what does the 5 represent? . a. the number of years between adjustments in the interest rate. b. the interest rate of the initial fixed-rate loan period. c. the total number of years in the loan. d. the number of years that a fixed interest rate will be applied to the loan.

Which of the following would not generally be a motive for a firm to hold inventories? a. to decouple or separate parts of the production process b. to provide a stock of goods that will provide a selection for customers c. to take advantage of quantity discounts d. to minimize holding costs e. all of the above are functions of inventory.

Adamson company manufactures four lines of garden tools. as a result of an activity analysis, the accounting department has identified eight activity cost pools. each of the product lines is produced in large batches, with the whole plant devoted to one product at a time. classify each of the following activities or costs as either unit-level, batch-level, product-level, or facility-level. activities (a) machining parts. (b) product design. (c) plant maintenance. (d) machine setup. (e) assembling parts. (f) purchasing raw materials. (g) property taxes. (h) painting.

What is one of the advantages of getting a government-sponsored mortgage instead of a conventional mortgage