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pogonyaev
3 years ago
13

What is a minimum balance when it comes to account requirement?

Business
2 answers:
drek231 [11]3 years ago
8 0
The minimum amount of money you may have in an account for said account to be, and stay opened. 
kondaur [170]3 years ago
3 0

Answer: What is a minimum balance when it comes to account requirement?

A.  

minimum dollar amount that can be in an account

B.  

minimum dollar amount that can be withdrawn from an account

C.  

minimum dollar amount needed for the account to be tax free

D.  

minimum dollar amount that can be automatically withdrawn

A is the correct answer.

Explanation:

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Answer: While not usual they can be held responsible for all business debts.

Explanation: If you pledge a asset as a collateral a creditor may be able to take said asset and sell it.

3 0
2 years ago
Because successive units of a good produce less and less additional satisfaction, the price must fall to encourage a buyer to pu
lubasha [3.4K]

Answer:

B) diminishing marginal utility

Explanation:

The law of Diminishing marginal utility states that utility falls as consumption increases.

The law of demand states that the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.

Because of diminishing marginal utility, consumption can be encouraged by reducing price.

As utility falls, consumers would be unwilling to buy more goods at the same price, therefore it would be reasonable to reduce price to encourage consumption.

6 0
3 years ago
Which is the correct order of the following steps in the accounting cycle? Prepare financial statements, journalize and post adj
murzikaleks [220]

Answer:

Explanation:

Prepare a post-closing trial balance.Step 9

Prepare an adjusted trial balance.Step 6

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Journalize the transactions.Step 2

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Prepare financial statements.Step 7

Journalize and post adjusting entries.Step 5

Post to ledger accounts.Step 3

3 0
3 years ago
The expectations theory of the term structure of interest rates states that forward rates are determined by investors' expectati
ra1l [238]

Answer:

forward rates are determined by investors' expectations of future interest rates.

Explanation:

The expectations theory of the term structure of interest rates states that forward rates are determined by investors' expectations of future interest rates. It suggests that the predicted holding period rate of return of a bond of "x" number of time is equal to the short-term interest rate irrespective of its maturity.

The Expectations theory gives us the opportunity to predict the future outcome of short-term interest rates based on current long-term interest rates.

7 0
3 years ago
The promotional tool that stimulates consumer purchasing and dealer interest by means of short-term activities,such as trade sho
love history [14]

Answer: Sales promotion

Explanation:

Promotion includes all the techniques sellers use to motivate/persuade people to purchase their product or services.

Sales promotion is a part of the promotional mix that uses media and non-media outlets to improve product awareness, increase consumer demands and marketability. It helps in stimulating consumers' interest in a product.

Sales promotion programs are designed to enhance personal selling, advertising, public relations, and other promotional efforts.

Sales promotions can take place both within/inside and outside an organization. It helps to attract new customers, with old existing customers and ease competition.

3 0
3 years ago
Read 2 more answers
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