What Percent of $62.50 Is $11.25

question 76

Essay

What percent of $62.50 is $11.25?

---

Definitions:

Financial Liabilities

Obligations that require a company to pay money to another entity, including loans, bonds payable, and accounts payable.

Borrowing Cost

A financial expense encompassing interest and other costs incurred by an entity in connection with the borrowing of funds.