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grin007 [14]
3 years ago
12

"at the clearing house, bank x has $300 in checks drawn on bank y and bank y has $200 in checks drawn on bank x. how does the cl

earinghouse settle the accounts."
Business
1 answer:
Gre4nikov [31]3 years ago
8 0
The clearing house settle the accounts by hiring an accountant to do the work.
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Read the following prompt and type your response in the space provided.
Softa [21]

Answer:

See explanation below.

Explanation:

Physical fitness can be used to describe a state of health and of well-being. It can be defined as the ability of the body to function efficiently and effectively during work and leisure activities, it means to be healthy, to resist disease, and to be able to quickly react to emergency situations.

The benefits of being physically fit include:

- Easy burning of calories: by adopting a physically fit lifestyle, you will find it easier to burn calories, and by so doing, your body weight and body fat will be easily controlled and checked.

- The physically fit lifestyle will also help to boost muscle mass, thereby making it easier to tackle demanding tasks easily and more efficiently.

The risks of being physically inactive are as follows:

- Physically active people are less likely to develop coronary heart disease than people who are inactive.

- People who are physically inactive will increase their chances of developing high blood pressure than people who are physically fit.

4 0
3 years ago
Camm corp. has 10,000,000 common shares outstanding. its four directors are elected by cumulative voting. to elect one director,
Oksanka [162]

Answer:

2,000,001 shares

Explanation:

To solve this question, we need to use the cumulative voting formula:

X = [(S x N) / (D + 1)] + 1

  • X = minimum number of shares that must be owned  = ?
  • S = total outstanding shares  = 10,000,000
  • N = number of directors we want to elect = 1
  • D = total number of directors to be elected = 4

X = [(10,000,000 x 1) / (4 + 1)] + 1 = (10,000,000 / 5) + 1 = 2,000,001

There are two voting procedures used to elect the members of a board of directors: the straight voting method and the cumulative voting method.

  1. The straight voting method favors majority stockholders since they receive one vote per stock per open seat which means that someone that has 50% plus 1 stock can actually get all the board members elected.
  2. Cumulative voting system assigns one vote per stock for the whole election, that means that a board member could be elected with 20% plus 1 vote. This voting system favors minority shareholders since someone with 50% plus 1 vote could only get 2 members elected by himself/herself.

3 0
3 years ago
true or false: The decrease in the proportion of income spent on the basic necessities of life has encouraged the demand for mor
KIM [24]

Answer: True

Explanation: This quiz question explains the relationship between income and demand.

7 0
3 years ago
One way businesses can solve ethical dilemmas is through:
Viefleur [7K]

Answer: D

Explanation:

An ethical dilemma is a decision making problem between two possible moral imperatives, neither of which is unambiguously acceptable or preferable.

The best way to solve an ethical dilemma problem is to only recruit ethically proven potential workers during interview.

8 0
3 years ago
Country A is an extremely efficient producer of tin. However, its climate and terrain makes it difficult to produce corn. Accord
Advocard [28]

Answer:

Theory of comparative advantage states that a country has a comparative in a production of certain commodities if the opportunity cost of producing these commodities is lower than the other countries.

Here, it is given that country A is a efficient producer of tin and there are some difficulties in producing corn. So, country A have to concentrate on the production of Tin and purchase the corn from any other efficient producer.

7 0
2 years ago
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