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3 years ago

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

1 answer:

8 0

The correct answer to the question that is stated above is letter .a. True.

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

>>>Prime rate is a term (in business) which refers to the interest rate that banks charge their preferred customers--- those with the highest credit ratings.

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What are two types of investment accounts that you might use in the future?

Vinvika [58]

Im guessing a retirement account and cd!

7 0

4 years ago

With a horizontally organized organization and very little top-down decision making, employees are viewed as co-owners and all g

Rom4ik [11]

Answer:

strong

Explanation:

According to my research on different organizational structures, I can say that based on the information provided within the question it seems that the New Belgium Brewing Company has a strong organizational culture. This can be said because based on the information provided the company is structured in a way that all the organizations employees are working at top performance because it benefits them for the company to succeed, therefore helping one another as well as the organization and forming a strong culture.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

7 0

3 years ago

On the first day of the fiscal year, a company issues $65,000, 6%, five-year installment notes that have annual payments of $15,

siniylev [52]

Answer: Please see explanation column for answer.

Explanation:

a) Journal to record issuance of Installment notes

Date Account Debit Credit

Jan. 1, 2016 Cash $65,000

Notes payable $65,000

b) Journal to record First annual note payment

Date Account Debit Credit

Jan. 1, 2017 Interest expense $3,900

Notes payable $11, 531

Cash $15,431

5 0

4 years ago

He Cook Corporation has two divisions--East and West. The divisions have the following revenues and expenses:

ser-zykov [4K]

Answer:

The elimination of the West Division would result in an overall company net operating loss of -$42,300

Explanation:

In order to calculate what would of the net operating income of the company is of the management of cook consider to eliminate the west division, we would have to make the following calculation:

Net income if Discontinue=Sales-variable cost-Trecable fixed expense- Allocated common corporate cost

=$ 585,000- $174,000-$145,500-$307,800

=-$42,300

The elimination of the West Division would result in an overall company net operating loss of -$42,300

6 0

4 years ago

You have invested $6,000 in plant improvements and financed $6,000 long-term debt to pay for it. You have also elected to retire

Agata [3.3K]

Answer:

Retire Long Term debt at $0
Issue Long Term Debt at $6,000

Explanation:

If you elect to both retire the $6,000 in long term debt and also issue long term debt of the same amount, your cash balance would be -$3,000 which is unhealthy.

What you should do therefore, is to retire no long term debt while still issuing the long term debt of $6,000 to pay for the investment in plant improvement. This will leave you with a cash balance of $3,000 which is healthy enough.

3 0

3 years ago