Principal is
A. the amount of interest accumulated on a bond.
B. the amount of dividends paid each year on a stock.
C. the original amount invested in a security.
D. the time until a borrowed fund is repaid.
Answer: C
You might also like to view...
The petty cash fund has a current balance of $250, which is the established fund balance. Based on activity in the fund, it is determined that the balance needs to be changed to $600. Which journal entry is needed to make this change?
A) Debit the Petty Cash account and credit the Cash account for $600. B) No journal entry is needed because this change only involves cash. C) Debit the Petty Cash account and credit the Cash account for $350. D) Debit the Cash account and credit the Petty Cash account for $350.
A firm should compete with ________ competitors in order to sharpen its abilities. Succeeding against these competitors often provides greater returns
A) strong B) international C) weak D) distant E) smaller
In comparison to cable television, radio is a high-cost medium
Indicate whether the statement is true or false
The signature of a person's electronic agent can constitute a valid electronic signature.
Answer the following statement true (T) or false (F)