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Question
State whether the following statement is true or false.
Interest is a liability for company.
Options
True
False
Solution
The statement is true.
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RELATED QUESTIONS
______ is a return paid to creditors by the company.
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Answer in one sentence.
What is Interest?
Correct the underlined word and rewrite the following sentence.
Interest is paid to shareholders.
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Dividend is an obligation to be paid by a company every year.
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Interest
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Dividend and Interest
Explain the features of Interest.
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Interest is a liability/obligation of the company.
Answer the following question.
What is Interest? Explain its features.
The reward given for the use of capital
