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debt that must be repaid within one year (because it is included in Current Liabilities)

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11y ago

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What factors determine the cost of borrowing money?

The cost of borrowing money is determined by factors such as the interest rate, the borrower's creditworthiness, the loan amount, the loan term, and the current economic conditions.


How can you find out the current interest rate?

The current rate of interest can be easily found by contacting your bank or lender directly or going online to their website. Rates for borrowing are higher than the rates received on deposits.


To what extent should government borrowing be a cause for concern?

Government borrowing can be a concern when it leads to unsustainable debt levels, potentially hindering economic growth and increasing the risk of default. However, borrowing can be justified if it finances productive investments that stimulate the economy. The key is to maintain a balance, ensuring that debt remains manageable relative to GDP and that borrowing serves long-term economic goals rather than merely funding current expenditures. Ultimately, the implications of government borrowing depend on the context, including interest rates, economic conditions, and the purpose of the debt.


Disadvantages of borrowing?

you don't get to keep the object. what is meant by borrowing


When was Borrowing Matchsticks created?

Borrowing Matchsticks was created in 1980.


Is borrowing a horse without permission the same as stealing?

There is no such thing as borrowing without permission. Borrowing requires that the borrower have permission.


Is the first airplane an example of cutural borrowing?

No,it has nothing to do with 'cutural borrowing'


What is selective borrowing?

Selective borrowing is when you borrow something that you uourself have selected


Why is social science a borrowing science?

its a borrowing science because.... PIE!


Cost of borrowing or price of borrowing?

Interest to be paid on the principle-or amount borrowed.


How many syllables in borrowing?

Borrowing has three syllables. Bor-row-ing


The relationship between culture borrowing and inventions?

Cultural borrowing is the borrowing of another culture's objects to better your culture. Invention is creating something that belongs purely to you.