Guanxi is an example of an informal ________ institution.
Fill in the blank(s) with the appropriate word(s).
cognitive
The informal cognitive institution defines reality via conceptual frameworks.
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Collateral is a(n) ________ that a borrower promises to give to the bank if that borrower is unable to repay the bank’s loan.
A. document B. liability C. asset D. interest payment
Neville Company issued $100,000 of 6%, 10 year bonds when the market rate of interest was 5%. The proceeds from this bond issue were $107,732 . Using the effective interest method of amortization, which of the following statements is true? Assume interest is paid annually
a. Interest payments to bondholders each period will be $6,464. b. Interest payments to bondholders each period will be $5,000. c. Amortization of the premium for the first interest period will be $1,226. d. Amortization of the premium for the first interest period will be $613.
List two disadvantages of using a traditional cost accounting system
If the earliest finish for activity C is equal to 10 months and its duration 3 months, what is its earliest start?
What will be an ideal response?