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Ilya [14]
3 years ago
9

The way the bank determines the balance on which to calculate your interest is known as _____.

Business
2 answers:
Readme [11.4K]3 years ago
6 0

The answer is B. Method of computing balance ;)

neonofarm [45]3 years ago
4 0
The way a bank determines the balance on which you calculate your interest is known as an annual percentage rate. In reality, the banks take the annual percentage rate and charge a person on their daily interest rate. You can find out the daily rate by taking the APR, annual percentage rate, and divide it by the number of days in a year. The correct answer is D. 
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Omni Corporation's accumulated depreciation—equipment account increased by $5,300, while $3,400 of patent amortization was recog
dmitriy555 [2]

Answer:

Cashflow from Operating Activities

Net Income                                                                 $120,400

Adjastment for Non-Cash Items

Depreciation                                                                  $5,300

Amortization                                                                   $3,400

Adjastments of Items appearing elsewhere

Loss from the sale of land                                            $4,000

Net Cash flow from operating activities                    $133,100

Explanation:

Net Income is reconciled in the cashflow statement via the indirect method. Its is adjasted for Non-Cash Items, Items appearing elsewhere in the cashflow statement and Working Capital Movements

8 0
3 years ago
Antiques R Us is a mature manufacturing firm. The company just paid a dividend of $11.90, but management expects to reduce the p
GrogVix [38]

Answer:

The price of the stock is $66.5

Explanation:

The constant growth model of the DDM approach will be used to calculate the price of such a stock today.

The formula for the constant growth model is,

P0 or V = D0*(1+g) / r - g

As the growth rate in the company's dividedn is negative, the growth rate will be -5%.

The price of the stock is,

P0 = 11.9 * ( 1 - 0.05) / 0.12 + 0.05

P0 = $66.5

6 0
3 years ago
1. Which of the following courses in high school would be most helpful for a person wanting a
den301095 [7]

Accounting is the course which will be most helpful.

Accounting is one of the courses that are offered in high school along side others courses such as Business management, Consumer education,  Entrepreneurial skills and so on in the "business section".

  • Finance means the act of managing of money by individuals, governments or large companies. individual with this skills are highly sought for to help the organization manage its resources effectively.

In conclusion, Accounting teaches a wide range of money management skills, how to record transaction for future purpose, so, the most helpful course for a person wanting a career in finance is "Accounting"

Learn more about this here

<em>brainly.com/question/4992099</em>

3 0
2 years ago
Jack is a crook with an honest face. People easily trust him. Jack works a scam in which he convinces the elderly to invest thei
bearhunter [10]

Answer:

False Pretenses

Explanation:

From the question given, jack is involved in the crime called false pretenses. He receives money by which he mentions things that are not true.

He brings out a false annual reports of profitable returns for a a non existing company or organisation. This representation is false with actual facts.

4 0
3 years ago
The part of the essay-writing process immediately before outlining is _____.
blsea [12.9K]

Brainstorming.

Brainstorming is the process in which you'll start thinking about what you'll wrte, how, etc.


Hope it helped,


BioTeacher101

8 0
3 years ago
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