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3 years ago

6. Which of the following is NOT true about raising capital?

Business

1 answer:

jek_recluse [69]3 years ago

8 0

Answer: c. Once raised, capital does not have to be raised again.

Explanation:

Additional capital is more likely than not to be needed by a company as operations continue because new projects will need to be invested in that cannot be covered by the company's retained earnings but need to be invested in to grow and expand the business.

This is why companies issue bonds and debentures, go to financial institutions for loans and raise additional capital from secondary share offerings.

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Dana writes a check to Becky on Dana’s account at Community Bank. The bank dishonors the check even though Dana has sufficient f

iren [92.7K]

Answer:

Dana

Explanation:

According to my research on different bank responsibilities, I can say that based on the information provided within the question the bank is completely liable to Dana. This is because the bank has a responsibility to Dana since she is the one who signed to open the account, which in term is her. They must now let her know why they dishonored the check and provide a solution.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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3 years ago

what type of interest rate is set and will not be changed unless you go over the limit or fail to make a payment

ICE Princess25 [194]

Answer:

Simple interest is paid only one time and does not change.

Explanation:

Hope this helped you!

5 0

3 years ago

What are specialist shops

weeeeeb [17]

A shop that sells one type of thing

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3 years ago

Prior to the write off of a $500 customer account, Athena Company had the following account balances: Accounts receivable $19,60

Effectus [21]

Answer:

Net accounts receivable Before $18,600 and After $18,600

Explanation:

solution

we know that here

net accounts receivable before write-off

Accounts Receivable = $19,600

and Allowance for doubtful debt = $1,000

so Net accounts receivable = $19,600 - $1,000 = $18,600

Journal Entry for write off is here

Allowance for doubtful Accounts = $500

Accounts Receivable = $500

and

Net accounts receivable after write off is

Accounts Receivable= $19,100

and

Allowance for doubtful debt= $500

so Net accounts receivable = $19,100 - $500

Net accounts receivable = 8,600

so Net accounts receivable Before $18,600 and After $18,600

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3 years ago

Lawrence got a car loan from a bank, with the car as collateral. What kind of loan did he get?

Vinvika [58]

A. a secured loan.....

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3 years ago