A mortgage where the interest owed changes in response to movements in a specific market-determined interest rate is called a(n) __________ .

Which of the following appears as a line item in a contribution margin income statement?

A) Gross profit B) Total cost of goods sold C) Operating income D) Total selling and administrative expenses

All of the following are examples of functional obsolescence, except:

a. an over improvement. b. a one car garage. c. a swimming pool in cold climate. d. deferred maintenance.