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Author Question: Which one of the following is Not a common method of borrowing funds in the short-term when ... (Read 90 times)

londonang

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on: Jun 29, 2018
Which one of the following is Not a common method of borrowing funds in the short-term when considering the rate of interest to be paid:
 a. percentage-of-sales method
  b. simple
  c. add-on
  d. discount

Question 2

'Double-barreled training' involves a focus on technical skill and math skills.
 
 Indicate whether the statement is true or false


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bassamabas

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A. Percentage-of-sales method is not a means of calculating rate of interest paid on short-term obligations. The other three methods are common methods of determining actual interest paid on short-term loans.

Answer to Question 2

F


londonang

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Reply #2 on: Jun 29, 2018
Correct answers!


bassamabas

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Reply #3 on: Jun 29, 2018
Great! Please up vote :D


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