Companies must periodically review the estimated unguaranteed residual value in a sales-type lease

a. true
b. false

Ans: a. true

Business

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Maxdime Inc is an international automobile manufacturer that has decided to work on low-cost fuel efficient motorbikes

Foray Inc, a domestic automobile company based in China, is willing to partner temporarily with the R&D team of Maxdime to design and launch motorbikes specially for the Chinese market. This is an example of ________. A) product differentiation B) non-equity-based strategic alliance C) sole proprietorship D) entrepreneurial orientation

Business

Why might a variable rate mortgage be considered a "derivative" and a fixed rate mortgage not?

What will be an ideal response?

Business