The Amount of Money Borrowed Is Called

question 1

Multiple Choice

The amount of money borrowed is called:

• A) discount amount
• B) proceeds
• C) principal
• D) maturity value

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Definitions:

Dividends

Profit shares dispensed by a business to its stakeholder members, frequently sourced from the corporate earnings.

Cash Flow

The comprehensive tally of funds being shuffled in and out of a corporation, impacting its short-term financial stability.

Creditors

Individuals, businesses, or financial institutions that have lent money or extended credit and are owed repayment of the debt.

Book Value

The net value of a company's assets, minus its liabilities and intangible assets such as goodwill.