Which of the following is/are true?
a. Common terminology refers to the financial contract underlying bank loans as a note.
b. Financial contracts underlying bank loans usually appear on the balance sheet under the title Notes Payable.
c. Notes of business firms generally have maturity dates less than approximately ten years.
d. No public market for Notes Payable exists, so the borrower will have difficulty disengaging from the borrowing arrangement prior to maturity.
e. all of the above
E
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Give an example of a cultural value and a social norm
What will be an ideal response?
Which of the following statements is TRUE?
A) A minor can never make a contract. B) Parents are liable for their children's contracts. C) A minor can make a contract for necessities (necessaries). D) If an adult honestly believes a minor is over the age of majority, the contract is binding on the minor. E) If a minor pays the contract price in full, the contract is valid.
JDI, Inc is trying to decide whether to make or buy a part (#J-45FPT). Purchasing the part would cost $1.50 each. If they design and produce it themselves, it will result in a per unit cost of $0.75. However, the design investment would be $50,000
Further, they realize that for this type of part, there is a 30% chance that the part will need to be redesigned at an additional cost of $50,000. Regardless of whether they make or buy the part, JDI will need 100,000 of these parts. Using decision trees analysis and EMV, what should JDI do? Show the decision tree.