<u>Answer: </u>Promissory note
<u>Explanation:</u>
Promissory note is considered to be an financial instrument that consist of the promise made by a person through a written document stating to pay a certain sum of money to another party as mentioned on the specific date or time.
Promissory note usually contains the details of indebtedness name , date, interest amount, principle amount, place of issuance and signatures of the parties involved. This instrument basically gives the information of how the party owes money to another party. this note is legally enforceable by law.
Answer:
Copyright, a form of intellectual property law, protects original works of authorship including literary, dramatic, musical, and artistic works, such as poetry, novels, movies, songs, computer software, and architecture.
Answer:
A. if the extra interest cost of borrowing long-term is less than the expected cost of rising interest rates before it retires its debt.
Answer:
3.00
Explanation:
Computation for this year's accounts payable turnover ratio for Nelson
Using this formula
Accounts payable turnover ratio=Cost of goods sold last year - Cost of goods sold this year /(Accounts payable last year -Accounts payable this year) ÷2
Let plug in the formula
Accounts payable turnover ratio=$550,000-$580,000/($300,000+$280,000) ÷2
Accounts payable turnover ratio=$30,000/$20,000÷2
Accounts payable turnover ratio=$30,000/$10,000
Accounts payable turnover ratio=3.00
Therefore this year's accounts payable turnover ratio for Nelson will be 3.00
Answer:
The answer is An advantage of internal development is that it is generally faster than other means of diversification.
Explanation:
internal development may be time consuming