Answer:
C. Underwriting experience.
Explanation:
Underwriters are known as evaluators in cases especially like that of mortgage etc, accessing the amount of risk that will involved in taking certain amount of loans. Therefore generally speaking, underwriting is simply explained as method through which an institution takes on financial risk for a fee. Risk of these such are mostly explained to be typically having dealings with loans, insurance, or investments. Certain contingencies are seen to helps to maintain certain borrowing policies for loans, establishes appropriate premiums to adequately cover the true cost of insuring policyholders, and creates a market for securities by accurately pricing investment risk.
Answer:
A)
Bank reconciliation:
Bank balance Augusts 31 $18,340
+ Deposits in transit $2,830
<u>- Outstanding checks $3,520</u>
Reconciled bank account $17,650
Cash balance reconciliation:
Cash balance August 31 $17,350
+ Error in recording check $360
<u>- Bank fees $60</u>
Reconciled cash account $17,650
B) Cash account balance $17,650
A certain bank assigns one unique number to each savings account. The amount of savings in each account depends on how much the owner deposits into the <span>account. The interest paid on each account depends on how much money is in the account. The relation that is not a function is that "</span><span>interest paid, amount in savings account."</span>
Answer:
The account that includes transactions like imports and exports, income earned by Americans abroad, and net transfers to other countries.
Explanation:
A current account can be defined as an account that record the different transactions a country carries out with another country. A current account comprises of net primary income, earnings from foreign investors that have occurred within a particular period of time.
Almost all countries are involved in trading of goods and services with another country, a current account helps to evaluate the manner in which a particular country traded their different goods with foreign markets.There tends to be a postive balance of a country exports more goods than it imports.
Answer:
$278,000
Explanation:
Data provided:
Total invested capital or assets = $695,000
Total debt to total capital ratio = 40%
now,
= 
or
Total debt = 0.4 × Total capital
or
Total debt = 0.4 × $695,000
or
Total debt = $278,000
Hence,
The firm must borrow $278,000 to achieve the desired ratio
