1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Oxana [17]
2 years ago
10

Which of these best fits the definition of interest, as it applies to finance? a. interest is the money earned by investing. b.

interest is the cost of borrowing money. c. interest is the cost of investing poorly. d. interest is the portion of a loan which must be repaid every year. please select the best answer from the choices provided a b c d
Business
1 answer:
ladessa [460]2 years ago
6 0

The definition for interest in terms of finance is interest is the cost of borrowing. Therefore the correct option is (B).

<h3>What is Finance?</h3>

Finance refers to the money or the funds required by the company to undertake the business projects. Here, finance is the separate field of the study taught to the management students.

Interest refers to the amount charged to the borrower to the lender on the loan facility provided to them. Every lender charges the rate of the interest according to his will.

Bank also charge the rate of the interest on the loan provided to the customer. Therefore the correct option is (B).

Learn more about Finance here:

brainly.com/question/12459778

#SPJ1

You might be interested in
Miscavage Corporation has two divisions: the Beta Division and the Alpha Division. The Beta Division has sales of $300,000, vari
Ipatiy [6.2K]

Answer: $86700

Explanation:

The net operating income is used in knowing the profitability of an investment. The net operating income is gotten by subtracting the expenses from the revenue.

Based on the information given in the question, the net operating income is $86700. Kindly check the attachment for further details.

7 0
3 years ago
GDP does not directly include: Select one: a. the value of goods produced domestically and sold abroad. b. the value of intermed
serg [7]

Answer:

The value of intermediate goods sold during a period.

Explanation:

GDP: <em>Gross domestic product</em> include the services and the value of finished products in a given period.

However, the <em>intermediary goods </em>aren't accounted for as, there will be an error of double counting. <em>Because </em>when you count for an <em>intermediary good </em>and that good is now <em>finished</em> and part of another good, when you will count that <em>finished good</em>, the value of that intermediary good will be counted also, so this will double the numbers of your <em>GDP </em>and you will make an error.

5 0
3 years ago
Read 2 more answers
Denton and Carlo were employed at an appliance plant. Their job required them to do occasional maintenance work while standing o
Mumz [18]

Answer:

No, because they weren’t willing to risk their life to complete a task at the appliance plant. By law this is not safe working conditions and the people forcing employees to do this could be sued.

Explanation:

3 0
3 years ago
Read 2 more answers
In a "Dutch auction" for new stock, individual investors place bids for shares directly. Each potential bidder indicates the pri
photoshop1234 [79]

Answer:

The statement is true

Explanation:

Market-clearing price is the price of a product or a service in which the quantity sold is equal to the quantity demanded and There are no surpluses or shortfalls on the market, it's also known as the price of equilibrium. The theory suggests that consumers tend to shift to that price

6 0
3 years ago
Read 2 more answers
Larry is declared mentally incompetent. Beth, Larry’s friend, insists that Larry transfer her considerable assets to Beth "for s
DaniilM [7]

Answer:

Donative intent.

Explanation:

Donative intent refers to the conscious desire to make a gift. This is different from giving something for nothing by mistake or under pressure.

3 0
3 years ago
Other questions:
  • Choose all that apply.
    8·2 answers
  • Many personal care companies combine toothpaste with a toothbrush at a reduced price. this is an example of​ __________ pricing.
    14·1 answer
  • On March 15, American Eagle declares a quarterly cash dividend of $0.045 per share payable on April 13 to all stockholders of re
    5·1 answer
  • Childress Company produces three products, K1, S5, and G9. Each product uses the same type of direct material. K1 uses 4 pounds
    10·1 answer
  • The main purpose of project plans is to:__________ a. define project scope b. guide project execution c. schedule management pla
    9·1 answer
  • Clara is suing David because of a property dispute. Clara and David are from different states, so it is not readily clear which
    5·1 answer
  • A company's general ledger shows a cash balance of $4,590. Comparing the company's cash records with the monthly bank statement
    9·1 answer
  • 5. A firm currently produces its desired level of output. Its marginal product of labor is 400, its marginal product of capital
    7·1 answer
  • Which of the following are advantages of working for a for-profit healthcare facility? Check all of the boxes that apply.
    13·1 answer
  • Suppose you are trying to save $20,000 to buy a used boat and you are going to deposit $5,000 today in savings account. The high
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!