A company issues a 60-day, 12% note for $16,000. What is the principal amount of the note? (Round your answer to the nearest dollar.)
A) $17,920
B) $16,000
C) $15,680
D) $16,320
B) $16,000
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The producer-retailer-consumer channel is ________
A) the most efficient channel B) also referred to as a triple channel C) the shortest indirect channel D) the shortest direct channel E) a rarely used channel form
Static budgets are prepared on quarterly basis and require frequent change during the annual budget period
Indicate whether the statement is true or false
In a statement of cash flows, interest payments to lenders and other creditors should be classified as cash outflows for
a. borrowing activities. b. operating activities. c. investing activities. d. financing activities.
Executive biographies, case studies, clippings, brochures, and photographs are appropriate materials to include in a press kit
Indicate whether the statement is true or false