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nata0808 [166]
2 years ago
11

Both interest bearing and noninterest bearing notes bear interest. A. True B. False

Business
1 answer:
Veronika [31]2 years ago
3 0

The statement "Both interest bearing and noninterest bearing notes bear interest." is true.

An interest-bearing note bears interest. The interest on a non-interest-bearing note is subtracted from the note's principal. So, the statement is true.

An interest-bearing note is a sum of money that a lender lends to a borrower, with interest accruing in line with the conditions of the contract.

A non-interest bearing note is a loan for which the borrower is not legally required "to pay the lender any interest" at all.

Both kinds of notes bear interest, hence the term "noninterest bearing" is misleading. Interest is deducted from a noninterest bearing note at the time the loan is made.

To learn more about noninterest bearing notes here

brainly.com/question/14617157

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A balance sheet gives you a photograph of your enterprise's monetary role at a given point in time. along with an earnings declaration and a cash float announcement, a balance sheet can assist enterprise owners to evaluate their organization's financial status.

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7 0
2 years ago
Net operating income equals: Multiple choice question. dollar sales – dollar sales to break even. unit sales × unit contribution
GalinKa [24]

Net operating income equals (unit sales - unit sales to break even) × unit contribution margin.

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Is net operating income the same as profit?

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6 0
2 years ago
What would the new optimal solution of product 3 sold for $15, and 100 hours of labor could be purchased?.
slega [8]

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I don't know sorry sorry forgive me

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3 years ago
What are the effects of business on environment? List them. ​
Furkat [3]

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