Answer:
A) an increase; reduce
Explanation:
All else the same ,if a bank liabilities are more sensitive to interest rate fluctuations than are its assets, then an increase in interest rates will reduce bank profits.
A bank is said to be sensitive towards to interest rates means that the bank revalue its liabilities on the basis of the change in the interest rates. Thus if the interest rates increases it means the liabilities of the bank has increased on which the bank is liable to pay higher interest which will automatically reduce the bank profits as the interest payable by the bank is an expense for the bank.
Salutations!
What is unemployment insurance fund?
Unemployment insurance fund is a short term holiday, or consolation where workers do not work due to personal issues, such as: illness, family cases etc.
Hope I helped :D
Answer
Closing costs are calculated based on price of the house minus down payment
Explanation
Closing costs are either brought as cash to closing or financed into a loan.They are usually used when people buy or rent properties and the closing cost is the amount a person pays based on the down payment. To estimate the closing cost, you subtract the down payment from the purchase price of the home.
Answer: $38,200
Explanation:
There are 28,000 Outstanding shares with a $13 market value.
That means that in total they are valued at,
= 28,000 * 13
= $364,000
The firm announced a 15% dividend so we take 15% of the total amount.
= 15% * 364,000
= $54,600
$54,600 is the total amount they will pay as dividends.
Dividends are taken from the Retained Earnings meaning that the balance in Retained earnings is therefore,
= $92,800 - $54,600
= $38,200
$38,200 will be the balance in the retained earnings account after the dividend.
Answer:
Providing personal customer service
Explanation:
Because his customers visit his home, watch him prepare their orders, bring their cake designs, and help him prepare their cakes, he knows his customers well. Therefore, he has an opportunity to provide <em>personal customer service</em> to his customers.
