The creditor of a restructured loan calculates interest revenues during the periods after restructuring based on the
A) original contract rate.
B) current market rate.
C) rate specified in the restructuring agreement.
D) weighted average rate.
B
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What does an employer violate when it terminates an employee for refusing to do something unethical, unsafe, and illegal?
A. equal opportunity employment B. fair representation C. reverse discrimination D. public policy E. affirmative action
On July 1, 20xx, Tobias Corporation had 20,000 shares of its $100 par value common stock outstanding. On July 2, 20xx, Tobias declared a 15 percent stock dividend to be distributed on August 6, 20xx, to shareholders of record on July 16, 20xx. What amount of retained earnings should be transferred to contributed capital because of this dividend?
a. None b. Market value of the stock at the date of distribution multiplied by the number of dividend shares c. Market value of the stock at the date of declaration multiplied by the number of dividend shares d. Par value per share multiplied by the number of dividend shares
Decimal numbers are a linear way to represent ______________
a. numeric data b. fractions c. geometric formulas d. monetary value
Hector is opening an appliance store. He has estimated a monthly profit goal based on his anticipated expenses and earning goals and uses it to set product prices. Hector is implementing a ________ pricing strategy.
A. competitor-based B. penetration C. target return on investment (ROI) D. value E. price skimming