Choose the answer that best evaluates the following statement:
Keedsler Motors Inc. needs to borrow $10,000,000. The company has been offered both simple interest and add-on interest loans. The add-on interest loan has a significantly lower interest rate than the simple interest loan.
a. The company needs to evaluate more factors than just the interest rate before deciding which type of loan it should accept.
b. The company should accept the add-on interest loan, because it will be paying less money in interest due to the lower interest rate.
Answers: 2
Another question on Business
Business, 21.06.2019 19:10
If we know that a firm has a net profit margin of 4.6 %, total asset turnover of 0.62, and a financial leverage multiplier of 1.54, what is its roe? what is the advantage to using the dupont system to calculate roe over the direct calculation of earnings available for common stockholders divided by common stock equity?
Answers: 2
Business, 23.06.2019 04:40
Aneighborhood home owners association suspects that the recent appraisal values of the houses in the neighborhood conducted by the county government for taxation purposes is too high. it hired a private company to appraise the values of ten houses in the neighborhood. the results, in thousands of dollars, are?
Answers: 1
Business, 23.06.2019 06:50
Which of the following does not use any type of computer code in their work? a. web designer b. database administrator c. information security d. computer user support
Answers: 2
Business, 23.06.2019 17:30
Amy is buying a new blouse for a party. what kind of good is the blouse?
Answers: 1
You know the right answer?
Choose the answer that best evaluates the following statement:
Keedsler Motors Inc. needs to borro...
Questions
English, 02.06.2021 08:40
Mathematics, 02.06.2021 08:40
Mathematics, 02.06.2021 08:40
Mathematics, 02.06.2021 08:40
English, 02.06.2021 08:40
English, 02.06.2021 08:40
Social Studies, 02.06.2021 08:40
Arts, 02.06.2021 08:40
Mathematics, 02.06.2021 08:40
Computers and Technology, 02.06.2021 08:40
Engineering, 02.06.2021 08:40
Mathematics, 02.06.2021 08:40
Mathematics, 02.06.2021 08:40
Mathematics, 02.06.2021 08:40
