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il63 [147K]
3 years ago
8

Which of the following statements about a note receivable is true?

Business
1 answer:
Viefleur [7K]3 years ago
7 0

Answer: The correct answer is "D".

Explanation: The TRUE statement abaout a note receivable is "D", it can be transferred to another party by endorsement.

Note Receivables are created when customers sign documents known as promises of payment and agree to pay the face value of the document, along with interest, on a given date.

These can only be transferred to another person through the endorsement.

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Ranger Inc. would like to issue new 20-year bonds. Initially, the plan was to make the bonds non-callable. If the bonds were mad
meriva

Answer:

c. The required rate of return would increase because the bond would then be more risky to a bondholder.

Explanation:

Options to the question are <em>"a. There is no reason to expect a change in the required rate of return.    b. The required rate of return would decline because the bond would then be less risky to a bondholder.    c. The required rate of return would increase because the bond would then be more risky to a bondholder.    d. It is impossible to say without more information.    e. Because of the call premium, the required rate of return would decline."</em>

<em />

Bonds will be usually called back when the new interest rates are lower, this will lower the interest income of the investors. However, call premium cannot always compensate all the income loss by investors.

6 0
3 years ago
One of the most important features of a filing and record keeping system is that it works for you and meets your needs true or f
MA_775_DIABLO [31]

Answer:

True

Explanation:

In record keeping using the filling method, it is done in-order to keep track of all the important documents and information regarding to the company. <em>This record keeping system could employ the manual method or writing with hand or the electronic method of storing such information using the computer or other electronic device.</em>

7 0
3 years ago
Although the Fed has very strong influence over the money supply, it does not have complete control a.Because the Fed has no ide
lorasvet [3.4K]

Answer: b. Because of unpredictable changes in the public's desire to hold cash or borrow and banks' desires to hold reserves or lend.

Explanation:

The Fed is able to embark on monetary policy that influences the entire country - and the world to some extent - because they have very strong influence over the money supply of the US$.

This influence is not absolute however because as the old adage goes, "you can lead a horse to water but you can't make him drink". In other words, the Fed can relax(impose) restrictions to make money more(less) available but they cannot force people to borrow(hold) that money.

They can't force banks either to either hold reserves or lend money out because banks are free to impose their own reserve limits on top of those of the Fed.

7 0
3 years ago
Tee Time Golf Resort plans to use famous Kauri wood from New Zealand for parts of the interior of the magnificent clubhouse at i
Tju [1.3M]

Answer:

correct option is C. it's a good time to buy the wood.

Explanation:

given data

slab = 10 feet

cost Tee Time =  $5,000

$500 US dollars = $738 NZ dollars

solution

If they import timber from New Zealand. Tea Golf Resort pays less than $ 5000 to import Wood from New Zealand at the current exchange rate. This is a good time for them to import forests

we get here current exchange rate of 1 dollar that is as

US $500 = NZ $738

so $1 = \frac{738}{500}  

$1 = NZ  $1.476

current exchange rate is $1 = NZ $1.476

so

10 foot slab costs $5000

so Tee Golf Resort will pay is

Tee Golf Resort pay = \frac{5000}{1.476}  

Tee Golf Resort pay = $3387.53

so correct option is C. it's a good time to buy the wood.

3 0
3 years ago
Zachary recently graduated from college. He paid for much of his education with student loans. These loans are not backed by any
katen-ka-za [31]

Answer:

Unsecured Loan

Explanation:

Unsecured Loan is the loan which is approved by the bank without the requirement of collateral. Rather pledging the asset, borrower need to qualify grounded on their income and the credit history.

In this scenario, Zachary who is a graduate took a loan which is not backed by any asset and he fails to pay the loan. It is a kind of unsecured loan.

6 0
3 years ago
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