The amount of interest on a 10% note of $600 dated May 7 and due July 18 would be $12.00
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
Which of the following is one of the best ways to form a range of diverse connections with self-selected stakeholders?
a. pitch your product to a large number of people b. engage in shared activities that attract people from different experiences and backgrounds c. join the chamber of commerce d. join groups of other entrepreneurs
How are descriptive analytics methods different from the other two types?
A) They answer "what-if?" queries, not "how many?" queries. B) They answer "what-is?" queries, not "what will be?" queries. C) They answer "what to do?" queries, not "what-if?" queries. D) They answer "what will be?" queries, not "what to do?" queries.
The CEO of BoardCom, Inc., James, negotiates a new union contract with the union leader. If James wants to reduce expenses and keep the union happy, which of the following suggestions is most likely to be helpful?
A. Introduce merit increases based on individual-based performance. B. Provide lump-sum awards in exchange for merit pay increases. C. Provide a 20 percent increase to base wages. D. Introduce a gain-sharing plan that substitutes wages.
In the U.S. over the last 40 years or so, in the aggregate ________.
A) the dollar volume of share repurchases has been growing faster than the volume of dividend payments B) the dollar volume of dividend payments has been growing faster than the volume of share repurchases C) the dollar volume of dividend payments and share repurchases have been growing at about the same pace D) firms have been cutting back on share repurchase activities