Answer:
see below
Explanation:
Banks pay interest on customer deposits. It means that a customer's deposit will grow if left at the banks for some period. When a customer deposits, the bank retains only a small fraction of the money in its custody. The bigger portion is loaned out to other customers. Therefore, a bank uses customer deposits to create loans. In return, the banks will pay customers interest for the use of their deposits. Banks also charge interest when they loan out money.
<span>The answer is true.
</span><span>
</span><span>Supply management is one of the pillars of marketing. Supply management includes logistics, acquiring and managing resources either goods or services which are needed to run the organization. </span>
<span /><span>The main goals of the supply management are:
- Control costs
- Efficient allocation of resources
- Gathering sufficient information to be used in strategic business decisions.</span>
Answer:
A fixed interest rate loan is a loan where the interest rate doesn't fluctuate during the fixed rate period of the loan.
Explanation:
a fixed rate could also be calculated if you want to know how to calculate fixed rate i could tell you
Answer:
$2322,000
Explanation:
The computation of amount credited to additional paid-in capital is shown below:-
Amount credited to additional paid-in capital = Issued per share × Number of shares) - (Number if shares × Preferred stock shares converted into three shares × Par value of common stock
= ($102 × 86,000) - (86,000 × 3 × $25)
= $8,772,000 - $6,450,000
= $2322,000
So, for computing the amount credited to additional paid-in capital we simply applied the above formula.
