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Mademuasel [1]
3 years ago
5

What is a loan?

Business
1 answer:
sleet_krkn [62]3 years ago
6 0

Answer:

see below

Explanation:

A loan is when one party receives money from another and promises to pay it back with interest. A person, firm, or country will seek a loan from a lender with a promise to repay within a specified period and with interest. The interest paid becomes the cost of the loan.

Taking is a loan is similar to borrowing money.  The loan amount is equivalent to the amount borrowed.

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The use of debt in the firm's capital structure will increase ROE if the firm:_____.
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Explanation:

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The following 3 questions are based on this information. Kings Department Store has 625 rubies, 800 diamonds, and 700 emeralds f
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Answer:

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Answer:

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