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Alinara [238K]
3 years ago
14

In general, term loans can be created more quickly than bond issues because they (1) tend to be negotiated directly with the len

der, (2) require less formal documentation than bond issues, and (3) are not registered with the Securities and Exchange Commission (SEC).a. True b. False
Business
1 answer:
swat323 years ago
4 0

Answer:

The correct answer is letter "A": True.

Explanation:

Term loans are those where individuals or organizations request a certain amount of money from a financial institution with the promise the individual or institution will be in charge of a series of periodical payments (principal + interest) to cover the debt.

<em>Term loans are privately negotiated between borrowers and lenders, offering the advantage of speed because there is no need for filings with the Securities and Exchange Commission (SEC) or other regulatory entities to request them.</em>

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Company X got a loan of e4,000,000. The company agreed repay this loan as follows: a first payment of e2,400,000 one year from n
evablogger [386]

Answer:

The cost of loan is $600000.

Explanation:

The loan amount = 4000000

The cost of loan refers to the interest rates and other charges that borrower pays. So in the given question first installment is 2400000 in the first year and second installment is 2200000. Here, lets assume any amount other then actual amount of loan amount is the amount spent on loan.  

So, the cost of loan = (2400000 + 2200000) – 4000000 = $600000

7 0
3 years ago
What is the cheif reason why a person would become a supervisor?
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3 years ago
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What concerns might a gap employee working in one of its stores have because of its social stance?
DochEvi [55]

There are many concerns that gap employees because of its social stance.

Gap employees may not be convinced there efforts are the one that took the organisation and making the environment a better working place. Workers have filed a problem in case of female abuse and behaviour.

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6 0
1 year ago
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Kamila [148]

The answer is<u> "a. ​analysis, planning,​ implementation, organization, and control".</u>


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4 0
3 years ago
The term "spreading the financial statements" refers to __________
wolverine [178]

Answer:

The correct answer is letter "B": creating common-size financial statements.

Explanation:

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5 0
3 years ago
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