All categories

3 years ago

The rate of interest banks charge on short-term loans to their best customers is the _____.

1 answer:

7 0

The rate of interest banks charge on short-term loans to their best customers is called the prime rate. This is given to customers who have good credit record. It serves as the basis of the lending rates that will be given to other customers. Usually, prime rates are feasible to large corporations and not with sole borrower.

You might be interested in

A critical analysis of a preferred alternative to ascertain its strengths and weaknesses before it is implemented, with the purp

Aleonysh [2.5K]

Answer:

Devil’s advocacy

Explanation:

Devil’s advocacy is a thorough analysis of a preferred alternative to check and test its strengths and weaknesses before being implemented with the purpose of identifying all the faults that might make the preferred alternative unacceptable.

This method helps in determining the dangers of any action taken by an individual or group of persons.

8 0

3 years ago

Read 2 more answers

If April 15th falls on a Saturday, the due date for individual tax returns will be on Monday, April 17th (assuming it is not a h

goldfiish [28.3K]

If April 15th falls on a Saturday, the due date for individual tax returns will be on Monday, April 17th (assuming it is not a holiday): TRUE

<h3>What are tax returns?</h3>

A tax return is a form or form that is filed with a tax authority and discloses income, expenses, and other relevant tax information.
Tax returns enable taxpayers to assess their tax liability, plan their tax payments, and receive refunds for overpayments.
In most nations, an individual or corporation having a reportable income, such as wages, interest, dividends, capital gains, or other profits, must file an annual tax return.
For example, if April 15th comes on a Saturday, the deadline for individual tax returns is April 17th (assuming it is not a holiday).

Therefore, the statement "if April 15th falls on a Saturday, the due date for individual tax returns will be on Monday, April 17th (assuming it is not a holiday)" is TRUE.

Know more about tax returns here:

brainly.com/question/4210849

#SPJ4

Complete question:

If April 15th falls on a Saturday, the due date for individual tax returns will be on Monday, April 17th (assuming it is not a holiday). TRUE or FALSE

4 0

2 years ago

Kevin Abt noticed that people were cooking meals in their homes less often but wanted to avoid the hassle of going out to eat. T

masha68 [24]

Answer:

Opportunity.

Explanation:

There was an opportunity presented when Kevin noticed that people do not want to cook at home but also they do not want to go through the hassle of going out to buy food. A need was identified and the solution was the Takeout Taxi initiative that delivers restaurant-prepared food to customers.

Costumers that did not want to cook at home and did not want to go out were now satisfied by this service.

5 0

3 years ago

Read 2 more answers

Which of the following is a risk (or potential pitfall) of cost leadership? Multiple Choice a. Cost differences increase as the

musickatia [10]

Answer:

d. Cost cutting in one area of the value chain might increase costs in another.

Explanation:

Although cost leadership is an efficient way to dominate the competition,it does have potential pitfalls if not executed correctly. For example, if operating cost is decreased, the changed product feature may imply a higher marketing cost afterward. In order to be truly efficient, the cost leadership strategy has to be implemented in such a way, so it doesn't impact other value chain costs negatively (increasing them).

6 0

3 years ago

Problem 7-28 Nonconstant Growth (LO2) Planned Obsolescence has a product that will be in vogue for 3 years, at which point the f

LuckyWell [14K]

Answer:

Po = D1 + D2 + D3

(1 + Ke) (1 + Ke)2 (1 + Ke)3

Po = $12 + $12.50 + $28

(1 + 0.1) (1 + 0.1)2 (1 + 0.1)3

Po = $12 + $12.50 + $28

1.1 (1.1)2 (1.1)3

Po = $10.91 + $10.33 + $21.04

Po = $42.28

Explanation:

The current stock price is a function of future dividends capitalised at the cost of capital of the company of 10% for a period of 3 years.

6 0

3 years ago