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
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

#SPJ4

You might be interested in
As the dominant member of the channel of distribution, Coca-Cola holds a lot of power in the relationship with independent groce
irakobra [83]

Answer:

System of Administered vertical marketing

Explanation:

Vertical marketing system is the system of cooperation among the several levels of the distributed channel. In this system, the members work together in order to promote the efficiency as well as economies of scale in the direction products are promoted to the end users.

Administered Vertical Marketing System is the one of the kind of vertical marketing system, which is a system that is coordinated among the distribution channel organisation, in that the flow of products from producer to the customer is controlled through size and power of one member of the system.

So, in this case, dominant member has the power of controlling the store. Therefore, it states the example of administered vertical marketing system.

6 0
3 years ago
Eastern Electric expects to pay a dividend of $1.69 per share next year and sells for $24 a share. a. If investors believe the g
jonny [76]

Answer:

a. 9.04%

b. 4.96% approx.

c. 10%

Explanation:

a. As per dividend growth model,

Required rate of return = \frac{D_{1} }{P_{0} } \ +\ g

wherein, D_{1} = Next year expected dividend

               P_{0} =  Current market price of a share as on today

               g = Annual growth rate in dividend ( in percentage)

               r = Rate of return or cost of equity

Hence, required rate of return (r) = \frac{1.69}{24} \ +\ .02   = 9.04%

b.  R = 12%

    P_{0} = $24

    D_{1} = $1.69

Then, using the above formula, we have,

.12 = \frac{1.69}{24} \ +\ g

⇒ g = 4.96 % approx

c. g = 3%

   Retention ratio (b) = 30%

   Hence dividend payout ratio = 1 - 30 = 70%

   g = b × r

   .03 = .3 × r

⇒ r = 0.1 or 10%

Hence, rate of return earned by the firm on its's new investment is 10%.

   

8 0
3 years ago
When preparing financial statements in a job-order costing system, finished goods flow first to the.
Rom4ik [11]

Answer:

balance sheet

Explanation:

then to the income statement

quizlet

6 0
2 years ago
If an offeree dispatches both an acceptance and a rejection to an offer:
Andrei [34K]
If an offeree dispatches both an acceptance and a rejection to an offer
(d) WHICHEVER RESPONSE REACHES THE OFFEROR FIRST WILL DETERMINE WHETHER A CONTRACT IS CREATED.

In such case, if the acceptance reaches the offeror first then a contract can be created. Thus, it totally depends on what reaches the offeror first. Any offer made by head of an organization can be accepted or rejected and there are business laws for this.
4 0
3 years ago
What are the four main purposes of setting goals in an organization?
jeka57 [31]
1) provide management direction and guidance at all levels,
(2) help to allocate resources,
(3) help to define the corporate culture, and
(4) give managers a way to assess performance. 
8 0
3 years ago
Other questions:
  • Moon Flower Cosmetics Company’s executives are aware that their Asian customer base is interested in advanced skin care treatmen
    7·1 answer
  • Bank of America customers select their own three- digit personal identification number (PIN) for use at ATMs.
    13·1 answer
  • Can the government tell its citizens what they can and cannot do as long as their actions do not impinge on the rights of other
    6·1 answer
  • Increased demand for product A increases the demand for resources used to produce product A. What is the best explanation for th
    15·1 answer
  • Which of the following statements about operations management in the service sector is most accurate? Operations management in t
    6·2 answers
  • Which methods of paying for college do not require repayment? Check all that apply.
    5·2 answers
  • Materials in the raw materials account do not become direct materials a.until they are purchased from a vendor. b.until they are
    8·1 answer
  • Wesley works on an automobile assembly line. His job is to complete the final installation of the GPS for each automobile that i
    12·1 answer
  • A telephone company is considering building a new automated switching distribution substation with a useful life of 20 years to
    11·1 answer
  • The labor-supply curve is affected by the trade-off between labor and leisure.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!