Kate Davidson signed a simple discount note for $9,000. The discount rate is 5%, and the term of the note is 18 months. What is the effective interest rate? (Round to the nearest tenth percent)
A) 5.4%
B) 6.2%
C) 4.9%
D) 3.8%
A
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BC Biomedical Laboratories, which has been named one of Canada's 'Best Employers' attributes their success to having a
A. top-down organization. B. flat organization. C. bottom-up organization. D. pyramid organization.
In the control matrix of the OE/S process, regarding shipping notice inputs, which of the following control goals is ensured by comparing the shipping notice input to the sales order master data?
A. input completeness and input accuracy B. input completeness and input validity C. input validity and input accuracy D. none of the choices are correct
The financing section of the statement of cash flows involves transactions relating to the equity accounts and the long-term liability accounts
Indicate whether the statement is true or false
Every act of a partner concerning partnership business binds the firm.
Answer the following statement true (T) or false (F)