Afixed-rate mortgage has the same interest rate over the life of the loan, whether the mortgage is for 15 or 30 years. by contrast, an adjustable-rate mortgage changes with market interest rates over the life of the mortgage. if inflation falls unexpectedly by 3%, what would likely happen to a homeowner with an adjustable-rate mortgage?

If the ceo of a large, diversified, firm were filling out a fitness report on a division manager (i.e., "grading" the manager), which of the following situations would be likely to cause the manager to receive a better grade? in all cases, assume that other things are held constant.a. the division's basic earning power ratio is above the average of other firms in its industry.b. the division's total assets turnover ratio is below the average for other firms in its industry.c. the division's debt ratio is above the average for other firms in the industry.d. the division's inventory turnover is 6, whereas the average for its competitors is 8.e. the division's dso (days' sales outstanding) is 40, whereas the average for its competitors is 30.