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3 years ago

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

Business

2 answers:

Lana71 [14]3 years ago

8 0

Answer:

B: II and III

Explanation:

Orlov [11]3 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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QUESTION 23

dem82 [27]

Answer:

Theory Y

Explanation:

This theory states that employees will perform in their best possible level if rewards that boost higher needs such as self-fulfillment are set in place.

5 0

3 years ago

Suppose you deposit $1 comma 2001,200 cash into your checking account. By how much will the total money supply increase as a re

Dafna11 [192]

Answer:

The change in money supply amounts to $7,084,248

Explanation:

Computing the change in money supply as:

Using the multiplier as:

Multiplier = 1 / Required reserve ratio

where

Required reserve ratio is 0.220

So,

Multiplier = 1 / 0.220

Multiplier = 4.54

So, the new money supply would be:

= Multiplier × Old money supply

where

old money supply is $2,001,200

Multiplier is 4.54

So,

= 4.54 × $2,001,200

= $9,085,448

Therefore, change in money supply is:

Change in money supply = $ 9,085,4448 - $2,001,200

Change in money supply = $7,084,248

7 0

4 years ago

Tim Dye, the CFO of Blackwell Automotive, Inc., is putting together this year's financial statements. He has gathered the follow

never [62]

Answer:

210,421 Long-Term Liabilities

Explanation:

We are going to use the accounting equation to solve for long term liabilities

$Assets = Equity + Liabilities\\Liablities = short\: term + long\: term$

Total Assets

cash 23,015

Account Receivables 141,258

Inventory 213,000

other current assets 11,223

PPE 714,100

goodwill and other assets 78,656

Total Assets 1,181,252

common stock 311,300

retained earnings 512,159

Total equity 823,459

We use he accounting equation to get total liabilities:

1,181,252 - 823,459 = 357,793 Total Liabilities

Now we calcualte the short-term debt

126,257 Account Payable

21,115 short-term Note Payable

Total Current Liabilities 147,372

And with this, the diference between short-term adn total liabilities is the long-term liabilities

357,793 - 147,372 = 210,421 Long-Term Liabilities

7 0

3 years ago

What does it mean for a savings account to have a minimum balance?

Fittoniya [83]

Answer:

Explanation:

A savings account is an account owned by an individual at a bank. He keeps his money there, and earn interest at the end of the month for his savings.

A minimum balance is sometimes required by the banks for a savings account, customers are expected to keep such minimum balance always if not, the account will be closed down.

5 0

3 years ago

The end result of the _____ phase of the systems development life cycle (SDLC) model should give users and top management a clea

Svetllana [295]

Answer:C - Planning Stage

Explanation: The System Development Life Cycle is a model of which organisations use when developing a new system.

SDLC has 5 Phases or steps and they include:

- Planning

- Analysis

- Design

- Implementation

- Maintenance

Each stage of SDLC has its importance in the system development.

Planing: At this state, the problem is identified, options of solutions are given and analysed as well as the possible outcomes are considered.

Analysis: At this stage the various options given at the planning stage are analysed and validated

Design: At this stage, the analysed options are designed to give a logical evaluation of the model to be adopted

Implementation: At the state, the design is implemented and tested

Maintenance: At this state, the errors are corrected and validated.

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3 years ago