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2 years ago

Which of the following items may be a good consideration in selecting a bank?

Business

2 answers:

Lana71 [14]2 years ago

8 0

Answer:

B: II and III

Explanation:

Orlov [11]2 years ago

7 0

Answer:

Number of ATMs or bank branches near where you live, shop, work, or travel.

Explanation:

As much as possible, your bank should be near where you live, shop, or work. The proximity will be advantageous in various ways, including.

It will reduce costs by eliminating transport expense in banking operations.
Proximity will foster a better business relationship with the bank. There are higher chances of meeting banking officials out of the work environment, which is likely to improve the relationship.
Should there issues that need resolution in the bank, you will be able to resolve them more quickly.
Formal communication between you and the bank will be enhanced. Banks use hard copy documents for the majority of their official transactions. Being close to the bank will make communication faster.

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Pepper Company is using the annual rate of return to evaluate a potential investment. The original investment required is $120,0

Naily [24]

Answer:

B : $70,000

Explanation:

The formula and the computation of the annual rate of return is shown below:

= Annual net income ÷ average investment

where,

Annual net income is XXXXX

And, the average investment would be

= (Original investment required + salvage value) ÷ 2

= (120,000 + $20,000) ÷ 2

= $140,000 ÷ 2

= $70,000

By placing these values we can easily compute the annual rate of return

3 0

3 years ago

Mountaintop golf course is planning for the coming season. Investors would like to earn a 12% return on the company's $47,000,00

MatroZZZ [7]

Answer:

47.4%

Explanation:

A. Expected golfers

440,000

B Revenue (440,000 × $84)

$36,960,000

C. Variable cost (440,000 × $17)

$7,480,000

D = B - C Contribution margin

$29,480,000

E Fixed cost

$20,000,000

F = D - E Profit

$9,480,000

G Assets

H = F/G × 100 Return on assets

47.4%

7 0

3 years ago

Levered, Inc., and Unlevered, Inc., are identical in every way except their capital structures. Each company expects to earn $18

Fantom [35]

Answer:

Levered, Inc. and Unlevered, Inc.

Equity shares in the Levered, Inc. represents a better value.

Explanation:

a) Data and Calculations:

Levered, Inc. Unlevered, Inc.

Debts at 8% 65 million $0

Outstanding shares 1.9 million 3.8 million

Market price per share $98 $71

Equity value $186.2 million $269.8 million

Expected EBIT $18 million $18 million

Interest ($65 million * 8%) $5.2 million $0

Net income $12.8 million $18 million

Earnings per share $6.74 $4.74

Dividends per share $6.74 $4.74

b) The value of the equity shares in the Levered Inc. would have increased more if both firms pay taxes because of the tax advantage gained by deducting interest expense from the earnings before taxes. This shows that financial leverage increases the value of equity shares.

5 0

3 years ago

How might a recent college graduate's investment portfolio differ from someone who is nearing retirement

HACTEHA [7]

Someone who is retiring has more experience on what to invest in than someone who is still getting used to knowing what to invest in

8 0

3 years ago

Read 2 more answers

Describe the elements that must be present for the courts to rule that a contract is unconscionable?

Evgesh-ka [11]

The elements that would have to be in place for a contract to be unconscionable would be that

They were under pressure
They were misled
They did not have the right information

<h3>What is meant by a contract?</h3>

This is the term that is used to refer to the fact that two people or more have agreed to do business with themselves.

In order to be a contract, one person would have to create a bargain and the other would be the one that would agree to the terms.

It is unconscionable at the time when the contract is done and the person or one of the parties is found not to have been able to make the contract agreement at their right frame of mind. In this case, the law has the power to protect this party.

Hence they would have to rule in his favor. Therefore to be unconscionable, a contract would have to have been misled, have been made under duress and without the adequate information.