Answer:
Check Clearing
Explanation:
The process by which bank records which account gives up money is called check clearing. Check clearing is the process by which banks record whose account gives up money and whose account receives money when a customer writes a check. A bank holding company is a company that owns multiple banks.
Answer:
the correct answers are,
- safety
- liquidity
Explanation:
saving money does not include much risk and is not affected by market volatility and prices. Most of the time, the savings' are guaranteed by the banks and governments through various securities.
Also, money in savings are easy to get back for your use!
Answer: B) A loss of $200,000 on its income statement in the year the bonds are called.
Explanation:
The bonds were issued at Par. This means they were issued at 100 of par.
The bonds are now trading at 104 of par.
If Sand Inc calls the bonds then they will make a profit (loss) of,
= 5,000,000 * 104/100
= $5,200,000
Therefore their Profit (loss) will be the bond at par minus the Calling price
= 5,000,000 - 5,200,000
= -$200,000
That means they make a loss of $200,000 in the year the bonds are called.
If you need any clarification do react or comment.
There are four chararacteristics, which are:
1. Relatively few transactions affect the account balances, but each transaction is often highly material
2. The exclusion or misstatement of a single transaction can be material
3. A legal relationship exists between the client entity and the holder of the stock, bond, or similar ownership document
4. A direct relationship exists between the interest and dividends accounts and debt and equity
Answer:
d. input/outcome ratio
Explanation:
These are options for the question
a. input ratio
b. output ratio
c. outcome/input ratio
d. input/outcome ratio
e. manager/employee ratio
Exchange relationship which is opposite of communal relationship can be described as benefit relationship in which you provide a benefit in expectation of equivalent benefit return in future time.
It should be noted that input/outcome ratio is used in the calculation of exchange relationship you received.
Which is the value of the inputs you provide per the value of the outcomes been received
