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Yuri [45]
3 years ago
7

The debt owed to a bank​

Business
1 answer:
kondor19780726 [428]3 years ago
4 0

Answer:

Bank debt is a long-term liability a business takes on by borrowing money from its bank. Companies use bank debt to pay for long-term assets such as land, buildings and equipment or to add more cash to their working capital to cover ongoing, short-term expenses

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Waterway Industries, has 16500 shares of 4%, $100 par value, cumulative preferred stock and 62000 shares of $1 par value common
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Which situation best describes the role of businesse in the circular flow of goods
Lyrx [107]
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4 years ago
every licensee must immediately notify the commissioner in writing of any change in his residence address, business address, or
andre [41]

It is the duty of every licensee to immediately notify the commissioner in writing of any change in his residence address, business address, or mailing address. Hence, the given statement is true.

<h3>What is an address?</h3>

The term "address" refers to the location of a venue where something or someone can be easily found. There are various kinds of addresses that are used by humans to locate or locate either themselves or anything else or a human.

Some of the instances of address are residence address, business address, meeting address, and many more. All legal documents that are held by a person are registered at the address that is given by them.

Thus, when any kind of change in the address occurs or happens, it is the duty of the document holder to inform the signed authority.

Learn more about address from here:

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The complete question has been attached in text form:

Every licensee must immediately notify the commissioner in writing of any change in his residence address, business address, or mailing address

False

True

3 0
1 year ago
What does purchasing insurance for a business reveal about the business owner’s attitude toward financial risk?
Simora [160]

It shows that the owner acknowledges the financial risks and is willing to pay every month to transfer the risk to an insurance company.

8 0
3 years ago
The Crash Davis Driving School has an ROE of 13.3 percent and a payout ratio of 32 percent. What is its sustainable growth rate?
Nikolay [14]

Answer:

sustainable growth rate for Crash Davis Driving School:  9.044%

Explanation:

growth = ROE \times (1 - $dividends payout ratio)

0.133 x (1-0.32) = 0.09044

The firm will grow as the amount that isn't paid as dividends increase the equity through retained earnings. Because both, common sense the acounting equaition if the earnings are retained they will be investment and assets will increase:

Assuming the company thakes no debt for the period then:

Assets = liab + equity

Assets = 0   +  increase in RE

Assets = + increase in RE

Thus, this is the rate at which assets grows without taking new debt

7 0
4 years ago
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