Answer:
The correct answer is D
Explanation:
Compensating balance is the balance which is to be minimum amount that is to maintained or kept in the bank account, so that could be used to offset the cost incurred by the bank for setting up the loan.
It is that balance which is not available for the company to use and might be needed to disclose in the notes of the borrower in the financial statements.
So, it is a specific kind of collateral, allow bank to monitor payment practice of firms and require to have a minimum amount that borrower need to keep in the checking account.
Answer:
prepare an expense record, and make certain that his credit is good so he can continue to spend more than he makes
Explanation:
Since in the question it is mentioned that an individual is recently hired as a financial analyst for a big company he remebered that how he can manage his personal finance and the financial concerns so in order to maintain its approach with respect to his own finance we should suggest that first prepare the record of an expense and also certain about the good credit score so that he is able to spend more
Therefore the first option is correct
Answer:
$4,392
Explanation:
Sunland Company
Therefore the costs are eliminated if they outsource the manufacturing:
Direct materials $9,576
Direct labor $12,882
Variable overhead $14,364
Total $36,882
Their new cost is ($2.85 X 11,400) $32,490
$36,882 - $32,490 = $4,392
If Sunland accepts the offer the net income increase (decrease) by $4,392
Five members of the board must hold valid cosmetology licenses and shall have been working as cosmetologists for at least five years in this state. This statement is TRUE.
- A seven-member Board of Cosmetology is established inside the department. Its members will be selected by the governor and confirmed by the Senate, and its job will be to carry out the terms of this act.
- The rest of the unexpired terms on the board may be filled by the Governor at any time.
- Each appointee must take the constitutional oath of office and submit it to the Department of State before beginning their duties as board members.
- The board will choose a chair and vice chair from among its members in the month of January.
- The board will hold as many meetings as it considers necessary throughout the year, one of which will be the annual meeting.
To know more about Cosmetology refer:
brainly.com/question/14069988
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Answer:
d) 420
Explanation:
In three-year weighted moving average with weights of 0.5, 0.3, and 0.2, the forecast can be calculated using the following formula
Forecast(This year) = 0.5*Demand(last year) + 0.3*Demand(2 years ago) + 0.2*Demand(3 years ago)
Forecast(This year) = 0.5*300 + 0.3*500 + 0.2*600
Forecast(This year) = 150 + 150 + 120
Forecast(This year) = 420
