Router Inc lends $70,000 on a 120-day, 9% promissory note. The total interest that Router will receive at maturity is
a. $6,300
b. $2,100
c. $525
d. $1,890
b
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Systems analysis involves all of the following except
a. gathering facts b. surveying the current system c. redesigning bottleneck activities d. reviewing key documents
How do firms account for goodwill?
Which of the following is true of ownership rights of an abandoned property?
A) The finder and owner must share ownership of the property. B) The finder acquires title to the property, even against its original owner. C) The owner can reclaim his or her property completely from the finder. D) The owner of the premises where property is mislaid is entitled to possession but does not acquire title.
If a party breaches a contract, the other party can choose one or more of several remedies.
Answer the following statement true (T) or false (F)