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nikdorinn [45]
3 years ago
6

Nor Corporation borrowed money using a discounted note at 94 with a stated 6% interest rate and a face amount of $400,000. What

is the effective rate of interest on the debt
Business
1 answer:
kolezko [41]3 years ago
8 0

Answer:

the effective rate of interest on the debt is 6.38%

Explanation:

The computation of the effective rate of interest on the debt is shown below:

Effective rate of interest is

= ($400,000 × 6%) ÷ ($400,000 × 0.94)

= $24,000 ÷ $37,600

= 6.38%

Hence, the effective rate of interest on the debt is 6.38%

It could be determined by applying the above formula so that the correct rate could come

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Answer:

Ethics

Explanation:

Ethics also called moral philosophy involves how an individual systemises, defends and recommends the concept of right or wrong.

Summer is facing an ethical decision of either returning the bag or keeping it for herself. Her decision will be based on her definition of right or wrong.

If her moral philosophy is one that does not see theft as something that is wrong, she will decide to keep the bag. If on the other hand she sees keeping the bag that is not her own as wrong she will decide to return it.

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The correct answers are, Public, Environment, Derivative Suit, Benefit Report.

Explanation:

Any corporation which is established to benefit people, society and the environment, is called as the Benefit corporation.

The main purpose is to benefit the Public, so the directors must consider the impacts of their decisions on society and the Environment. Shareholders have an additional right to private action called a Derivative Suit, that allow them to sue the corporation for failure to pursue the purpose. Finally, benefit corporations must issue an annual Benefit Report on its performance and include a third party standard of assessment.

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3 years ago
The Supreme Court separated the "mandatory" element of the Federal Sentencing Guidelines for Organizations from their advisory r
Alla [95]

Answer:

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Explanation:

Federal Sentencing Guidelines should be guided by the following principles:

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The sentencing guidelines should offer incentives for organizations to eliminate criminal conduct.

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True, Is the correct answer.
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