A Postdated Check Is

question 36

Multiple Choice

A postdated check is

• A) payable on demand.
• B) invalid.
• C) payable on its due date.
• D) payable thirty days after its due date.

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Definitions:

Minimum Required Rate

This rate is often associated with the minimum return on investment or the cost of capital that a company or project needs to achieve to be deemed acceptable.

Net Operating Income

A company's income after operating expenses have been subtracted but before interest and taxes have been deducted.

Total Sales

The total revenue a company generates from selling its goods or services within a specific period.

Return On Investment

A performance measure used to evaluate the efficiency or profitability of an investment relative to its cost.