Your ARM has a two year adjustment interval, 4% margin, 2% periodic rate cap and a 6% lifetime cap. This year the market interest index increased by 2.75%. What will happen to your APR on this loan?

How does Japanese GAAP differ from IFRS with respect to preoperating costs?

A. Japanese GAAP requires expensing of preoperating costs, whereas IFRS allows capitalization. B. Japanese GAAP requires expensing of preoperating costs, whereas IFRS requires capitalization. C. Japanese GAAP requires capitalizing preoperating costs, whereas IFRS requires expensing. D. Japanese GAAP allows capitalizing preoperating costs, whereas IFRS requires expensing.

All shares authorized by the corporation's articles of incorporation must be issued and sold to shareholders immediately

Indicate whether the statement is true or false