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Zolol [24]
3 years ago
6

Which answer is correct

Business
1 answer:
iris [78.8K]3 years ago
3 0
The one you selected on the screen in the pic I believe
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When interest is accrued on a note payable, but not paid, the A. Interest Expense account is increased; the Interest Payable acc
olchik [2.2K]

Answer:

C. Interest Expense account is increased; the Interest Payable account is increased.

Explanation:

A secured interest can be defined as a legal right granted by a borrower to a lender (creditor) over a collateral (the borrower's property) which permits or allow the lender to have a right to possess the property as soon as the lender defaults in making payment. The payment which is expected to be made by the borrower of a mortgage loan is considered a secured obligation because it is a lien or an enforceable legal claim.

When interest is accrued on a note payable, but not paid, the Interest Expense account is increased; the Interest Payable account is increased.

8 0
3 years ago
Sally received 100 shares of stock worth $8,000 as a gift from her father. Her father had purchased the stock for $10,000. When
yawa3891 [41]

Answer:

$8000

Explanation:

Based on the fact that she didn't purchase the stock initially At $10000, but she was gifted it at $8000 her bases upon which she will derive profit or loss from is $8000

3 0
3 years ago
Nick is a recent finance graduate who has two passions: music and finance. Upon graduation, he was offered an opportunity to joi
snow_tiger [21]

Answer:

A) Added benefits such as health insurance provided to employees of large corporations.

Explanation:

A struggling rock band can be considered an entrepreneurial venture, depending on how much Nick loves music. But struggling ventures cannot offer employees or coworkers the same benefits or perks that large and established companies can offer. The example used here was health insurance but other perks may include paid vacation, paid sick days, retirement plans, etc.

6 0
3 years ago
You are comparing three securities and discover they all have identical Treynor ratios. Given this information, which one of the
Ede4ka [16]

Answer: The correct answer is "D. They earn identical rewards per unit of systematic risk.".

Explanation: If you are comparing 3 values and by calculating, find that they all have the same Treynor ratio means that they earn identical rewards per unit of systematic risk.

7 0
3 years ago
The value of an investment equals ______ Group of answer choices
Vladimir [108]

Answer: Option D is correct.

Explanation:

The value of an investment is the present value of its expected future cashflow.

In economics, an investment is said to be goods purchased that are not consumed presently, but are kept for the future to create wealth.

In the area of finance, an investment is a financial asset acqured with the motive that the asset will yield income in the future or would sometime later be sold at a higher price for a gain (profit).

3 0
4 years ago
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