Answer:
Most 401 (k) or IRA accounts allow employees to roll-over their accounts from the old employer to the new employer. Depending on the account and how much time you have been making contributions, you could also cash your retirement account, but that would mean starting from zero with the new employer.
Answer:
D. the interest rate banks charge each other for overnight loans.
Explanation:
The Federal reserve requires banks to maintain a certain minimum amount on their local Federal bank account or in their vaults each night. The remaining amount can be lent out to the public or to other commercial banks. However, if a bank is running short of funds at the end of the day, they can borrow from another bank at the overnight federal fund rate before the business opens the next day.
<h2>The company is expressing its key corporate value with a slogan. (Option A)</h2>
Explanation:
The slogan is self explanatory that ladies and gentlemen taking care of ladies and gentlemen.
About the slogan:
- So it adds values both to employees as well as the customer.
- Slogan is more of customer-friendly
- The slogan is always the right aspect to express the motto, culture of the organization and hotel chain Ritz-Carlton has smartly framed it.
Justification about the other options:
- If the slogan is adding value to the employees alone, then it means that company is valuing the customer who is the king for business.
- Even the last option stands invalid because, the focus of customer is lost, it feels like self-appraising the company itself.
B. demand and supply both decrease, leaving price essentially unchanged.
Answer:
The nominal annual percentage cost of its non-free trade credit, based on a 365-day year is 0.2795%
Explanation:
The computation of the nominal annual percentage is shown below:
= Discount rate ÷ (100 - discount rate) × ({Total number of days ÷ payable days} - discount days)
= 2% ÷ ( 100 - 2%) × (365 days ÷ 65 days - 15 days)
= 2% ÷ (98% × 7.3)
= 2% ÷ 7.154
= 0.2795%
The net purchase amount is irrelevant. hence, this part is ignored
