The amount of interest that is deducted from the amount you wish to borrow in order to get
proceeds is
A) bank discount. B) simple interest.
C) stated interest. D) accrued interest.
A
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The receivables turnover is expressed as a percentage
Indicate whether the statement is true or false
Vasya and Austin share responsibility for writing up the minutes following the weekly staff meeting and circulating them to all attendees. Vasya and Austin take turns, alternating weeks. One week, Vasya’s boss yelled at her for not getting the minutes out on time, even though it was Austin’s week to send them out. Which Just Cause test applies in this case?
A. Upon investigation, was there substantial evidence or proof that the employee was guilty as charged? B. Was the degree of discipline administered by the company in a particular case reasonably related to the seriousness of the employee’s proven offense and the record of the employee’s service with the company? C. Did the company give the employee forewarning or foreknowledge of the possible or probable disciplinary consequences of the employee’s conduct? D. Has the company applied its rules, orders, and penalties evenhandedly and without discrimination to all employees?
An individual debtor cannot exempt or excludeany property from the bankruptcy
Indicate whether the statement is true or false
Fruit & Flowers Mail Order Corporation's creditors agree to a workout with the firm. This is
a. an agreement to pay a debt dischargeable in bankruptcy. b. an accountant's summary of a debtor's financial situation. c. a private, negotiated adjustment of creditor-debtor relations. d. a reorganization of corporate debts and debtors.