Answer:
Neither of the two statements are correct regarding the renters insurance.
Explanation:
Renters insurance which is also commonly know as tenants insurance, is that type of an insurance policy where a tenant can enjoy some benefits of homeowners insurance, where the personal property of the tenant is covered against fire , theft etc. Renters insurance can be taken on a house ,apartment , a condo etc. But it is to be noted that this policy won't cover the structure itself and if the personal property is damaged because of flood , it won't come under the insurance policy.
Given:
Checkable deposit = $100 million
actual reserves = $12 million
required reserve ratio = 10%
100 million * 10% = 10 million
10 million - 12 million = 2 million excess reserves
D.) $2 million is the bank's excess reserves
Answer:
Option C is the right answer
Explanation:
In this question, we are asked to state what happens in a transaction given some level of information.
Firstly, we need to understand what a certificate of deposit is. A certificate of deposit referred to as CD is a kind of bank product that stipulates that a customer has agreed to leave a certain amount of money in the bank for a particular period of time untouched at an interest rate higher than normal and otherwise tagged as premium.
Now, it must be stated that it was after he was issued that there was a drop in prices. Whatever happens during the drop will not affect him and would be the bank’s concerns simply because his own rate had been predetermined and nothing could change this as he had been issued a contract to that affect.
A drop in price will thus make his initial deposits higher now since there is a drop in price will generally, the bank will bear the brunt of the drop in price hence, losing
<u>Answer:</u>
Laborers must feel good in the spaces they work in. Inability to give satisfactory working conditions makes pressure and lack of concern, which thus will <em>influence profitability and conduct.</em>
<u>Explanation:</u>
A sound working environment condition is perfect with regards to keeping up a positive result in a distressing climate.
A sound working environment condition improves efficiency and decreases costs identified with <em>non-appearance, turnover, laborers' remuneration, and restorative cases.</em>
Answer:
C) The demand for analgesic drugs in the Terranian market is expected to remain stable.
Explanation:
The options were missing:
- A) Omni Healthcare often takes money from other strategic business units to support Cetaprin.
- B) A customer survey shows that Cetaprin users do not prefer it to other analgesics in the market.
- C) The demand for analgesic drugs in the Terranian market is expected to remain stable.
- D) Febex is rapidly gaining market share over Cetaprin due to aggressive marketing efforts.
- E) The Terranian market for healthcare products is expanding rapidly.
A cash cow is a mature product that is sold in a slow growth market, but holds a significant market share, and generate large and constant cash inflows to the company.
