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3 years ago

Rates that the world's largest banks charge one another for loans are called ________.

1 answer:

6 0

Rates that the world's largest banks charge one another for loans are called Interbank Interest Rates

The interbank rate is the rate of interest charged on short-term loans between banks. Banks borrow and lend money in the interbank lending market in order to manage liquidity and satisfy regulations such as reserve requirements.

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A business objective is aligned with a _______________ to be fulfilled by the business.

zheka24 [161]

Answer:

The correct answer would be option B, Consumer Need.

Explanation:

Business objectives are basically the mission of the organization. Mission of the company is the purpose of the organization and the purpose of the organizations is usually to meet the customers' needs and fulfill their demands and desires through their products or services. The product or the service of the company is the way to meet and satisfy the customer's needs. Making high level products or giving high level services is the mission of the company. So it is true that a business objective is aligned with a customer need to be fulfilled by the business.

3 0

3 years ago

Benjamin's credit card has an APR of 19%, calculated on the previous monthly

worty [1.4K]

Answer:

It can be tempting to pay the minimum amount due on your credit card bill, but it can be really expensive in the long run. Here's what happens if you only pay the minimum on your credit card.

3 0

3 years ago

. Based on the following data, Accounts payable…………………………………………………..... $62,000 Accounts receivable…………………………………………………. 100,000

Temka [501]

Answer: $428,000

Explanation:

Given that,

Accounts payable = $62,000

Accounts receivable = 100,000

Cash = 30,000

Inventory = 138,000

Land = 160,000

Common Stock = 200,000

Revenue = 80,000

Dividends = 56,000

Expenses = 40,000

Total assets = Accounts receivable + Cash + Inventory + Land

= 100,000 + 30,000 + 138,000 + 160,000

= $428,000

3 0

4 years ago

You are trying to pick the least-expensive car for your new delivery service. You have two choices: the Scion xA, which will cos

PilotLPTM [1.2K]

Answer:

EAC of Scion xA= 12,429.24

EAC of Toyota = $11,922.02

The Toyota should selected because it has a lower EAC

Explanation:

Equivalent Annual cost = PV of cost/Annuity factor

Scion xA

PV of OCF= A × (1- (1+r)^(-n)/n

= 2,900 × (1 -(1.13)^(-3))/0.13=6847.342534

PV of total cost = 22,500 + 6847.34 = 29,347.34253

EAC = 29,347.34/ 2.361152598= 12429.24433

EAC = 12429.24

EAC Toyota

PV of OCF = 1500×(1 -(1.13)^(-4))/0.13= 4461.706988

PV of total cost = 31,000 + 4461.7069= 35,461.70699

EAC = 35,461.706/ 2.9744 = 11,922.02

EAC = $11,922.02

EAC of Scion xA= 12429.24

EAC of Toyota = $11,922.02

4 0

4 years ago

Pete makes $825.00 a week. His employer deducts 7.65% for FICA. How much money is the employer deducting?

sattari [20]

Answer:

$63.11

Explanation:

FICA stands for Federal Insurance Contribution Act. It is a combination of two taxes that find Medical health insurance and social security benefits. The employees deduct and withhold FICA from the employee paycheck.

If Pete makes $825 per week

the employer will deduct 7.65% of $825

=7.65/100 X $825

=0.0765 x $825

=$63.1125

6 0

3 years ago