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Ganezh [65]
3 years ago
6

The prime interest rate is offered by banks to customers with the largest accounts and with very high credit ratings.

Business
1 answer:
yawa3891 [41]3 years ago
8 0
The correct answer to the question that is stated above is letter .a. True.

<span>The prime interest rates are offered by banks to customers with the largest accounts and with very high credit ratings.

>>>P</span>rime rate<span> is a term (in business)  which refers to the </span>interest rate<span> that </span>banks<span> charge their preferred </span>customers---<span> those with the </span>highest credit ratings<span>. </span>
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7 0
3 years ago
Junkyard Arts, Inc., had earnings of $290,400 for the year. The company had 52,000 shares of common stock outstanding during the
Kay [80]

Answer:

The basic EPS for Junkyard Arts, Inc. is $5.2 per share.

Explanation:

The basic earnings per share is the amount of net income that is earned per share of common equity or the amount of net income attributable to each share of common stock. The basic earnings per share (EPS) is calculated using the following formula,

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3 0
3 years ago
Carter Company reported the following financial numbers for one of its divisions for the year; average total assets of $4,110,00
Ksivusya [100]

Answer:

$1,83,000

Explanation:

Sales = 4,535,000

Cost of goods sold = $2,560,000

Operating expenses  =  $1,382,000

Average total assets = $4,110,000

Net Income =  Sales - Cost of goods sold -  Operating expenses

= $4,535,000 - $2,560,000 -  $1,382,000

=  $5,93,000

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= $410,000

Thus,

Residual income = Net income - Target income

= $5,93,000 - $410,000

= $1,83,000

7 0
3 years ago
Which of the following statements is false?
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Answer:

ERP systems use the same data as functional information systems.

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At its most fundamental level, ERP software integrates these different capacities into one complete framework to streamline procedures and data over the whole organization. The focal element of all ERP frameworks is a shared database that supports multiple capacities utilized by various business units.

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3 years ago
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Lostsunrise [7]
D.) I think I hope I helped
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3 years ago
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