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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
A broker-dealer offers 4 summer passes to an amusement park to each of its agents who sell at least $10,000 of bonds during the
inn [45]

Answer:

I (allowed) and IV (not considered soft dollar compensation)

Explanation:

Soft dollar compensation refers to payments made to brokerage firms or agents as commission revenue. They differ from hard dollar compensation because hard dollars are payments that were agreed upon before an investor started working with the broker, while soft dollars are based upon variable commissions.

4 0
4 years ago
The following information pertains to Diane Company. Assume that all balance sheet amounts represent both average and ending bal
lakkis [162]

Answer:

The Return on total assets is 7.3%. The right answer is c

Explanation:

In order to calculate the the return on total assets we would have to calculate the following formula:

Return on total assets = Earnings before interest and taxes / Average total assets

Earnings before interest and taxes=Net income + Interest expense

Net income=$21,643

Interest expense=$4,450

Average total assets =$359,218

Return on total assets= ($21,643 + $4,450) / $359,218

Return on total assets=0.0726=7.3%

The Return on total assets is 7.3%

6 0
4 years ago
Milo Millworks Incorporated has maintained a sustainable competitive advantage for its framing style. In order to accomplish thi
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In order to accomplish this, the framing style must be difficult to substitute for.

<h3>What is Competitive advantage?</h3>

Competitive advantage can be defined as the way in which a company produce or manufacture more goods or product and sell those goods produce at lesser rate so as to  increase their sales than that of  their market competitors.

Based on the scenario in order for Milo Millworks to accomplish the competitive advantage  for their framing style, the framing style must be difficult to substitute for.

Therefore the framing style must be difficult to substitute for.

Learn more about Competitive advantage here:brainly.com/question/26514848

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3 0
2 years ago
Helmers Corporation manufactures a single product. Variable costing net operating income last year was $95,000 and this year was
irina1246 [14]

Answer:

$59,600

Explanation:

Calculation for the absorption costing net operating income last year

Using this formula

Absorption costing net operating income last year=Variable costing net operating income last year -fixed manufacturing overhead costs last year

Let plug in the formula

Absorption costing net operating income last year=$95,000-$35,400

Absorption costing net operating income last year=$59,600

Therefore the absorption costing net operating income last year was $59,600

3 0
3 years ago
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