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2 years ago

Which of the following terms refers to a promise made to lenders by a borrower?

Business

1 answer:

Natali5045456 [20]2 years ago

4 0

Answer:

Covenant.

Explanation:

A covenant in business context refers to a formal debt agreement between a lender and a company that specific actions will or will not be undertaken.

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A corporation has 40,000 shares of $25 par value stock outstanding. If the corporation issues a 4-for-1 stock split, the number

Olegator [25]

Based on the information given the number of shares outstanding after the split will be: 160,000 shares.

Using this formula

Outstanding shares=Current shares outstanding × Number of the split

Where:

Current shares outstanding =40,000 shares

Number of the split =4

Let plug in the formula

Outstanding shares=40,000 shares×4

Outstanding shares=160,000 shares

Inconclusion the number of shares outstanding after the split will be: 160,000 shares.

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brainly.com/question/14652555

4 0

2 years ago

The foreign exchange market:

zheka24 [161]

Hello! Your answer would be C. Facilitated the buying and selling of foreign currencies. I just learned about it.

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2 years ago

Read 2 more answers

To increase the popularity of its new range of smartphones, gizmopro inc., a mobile phone manufacturer, offered several accessor

ikadub [295]

Answer: This question lacks the following answers:

a. market share pricing

b. profit maximization

c. demand orientation

d. sales maximization

The correct answer is b)

Explanation:

The practice of giving away free things (mobile accessories) can be good after the launch of a new product range, or even when the company itself is entirely new. However, it is not feasible in the long run, as the company does not generate profit from giving products for free.

Giving discounts is definitely more lucrative, as the discount itself provides enough of an incentive for the customer to buy the accessory. On the company side, profit will be generated (although decreased with the discount, but still generated compared to giving free things).

6 0

3 years ago

If a customer is reluctant to try a new product because she’s afraid of what her friends might think, the company is most likely

Tanya [424]

The answer is the company is most likely facing a psychological barrier. If she's afraid to buy a product because she feels her friends will tease her if they find out, then that has to do with her mindset, which is a psychological barrier for the company.

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2 years ago

AP Kelly Jones and Tami Crawford borrowed $15,000 on a 7-month, 8% note from Gem State Bank to open their business, JC's Coffee

Gnom [1K]

Answer:JC Coffee house journal$

Date

a. June 1 2022

Bank Dr. 15,000

Gem state bank Cr. 15,000

Narration. Acquisitions of $15,000, 8%, 7c months loan.

b. June 30, 2022

Interest Dr 1200

Gem bank Cr. 1200

Interest on loan for the month of June

C. Interest as at December 31 2022

8% * $15,000*7

=$8400

Jan 1 2023

Gem state bank Dr 23,400

Bank. Cr. 23,400

Narration. Payment of $15,000, at 8% , 7 months and associated interest on maturity.

3 0

2 years ago