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Cloud [144]
2 years ago
10

Question Mode Multiple Choice Question The total interest that accumulates over time on both the principle money deposited and a

ccumulating interest in an interest-bearing savings account is known as ______ interest.
Business
1 answer:
Dvinal [7]2 years ago
6 0
It’s know as the bank
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Craftmaples, a chain of handicraft stores, was established with the purpose of preserving traditional handicrafts. The company's
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Answer: Company mission

Explanation: The company mission refers to the objectives mentioned  in the mission statement of the organisation. It is a short statement which describes why the organisation exists and what are its goals. This statement also states the location of the organisation and other important factors like major customers.

In the given case, Craftmaples has the purpose of traditional handicrafts. Thus, all their operations and activities will move towards this one goal.

Hence from the above we can conclude that this case is an example of mission statement.

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After the civil war, what became the major form of business organization because of its ability to raise money through the sale
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After the civil war, CORPORATION became the major form of business organization because of its ability to raise money through the sale of shares of stock. A corporation is a type of business that is owned by stockholders who share its profits but are not personally responsible for its debts.
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​ object responsibility is important because it helps to decide what methods are assigned to what classes.
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8 0
3 years ago
Airline Accessories has the following current assets: cash, $96 million; receivables, $88 million; inventory, $176 million; and
garri49 [273]

Answer and Explanation:

The computation of the current ratio and the acid ratio is shown below:

The current ratio is

= Current assets ÷ current liabilities

= ($96 + $88 + $176 + $12) ÷ ($86 + $29)

= $372 ÷ $115

= 3.23 times

And, the quick ratio is

= Quick assets ÷ current liabilities

= ($372 - $176) ÷  ($86 + $29)

= $196 ÷ $115

= 1.70 times

Hence, the current ratio and the acid-test ratio is 3.23 times and 1.70 times respectively

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Which payment method typically charges the highest interest rates
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<span><span>What payment method typically charges the highest interest rates?

pay day loans</span></span>
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