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Kazeer [188]
3 years ago
13

Under the Customer Information Program (CIP) rules, a person's status as a customer equates with account holders. Which activity

is an account under a bank's CIP?
A. Purchases of general purpose reloadable prepaid cards with an activated overdraft feature
B. The occasional purchase of Official Checks or Traveler's Checks by noncustomers
C. ATM use by noncustomers
D. Cashing of checks for noncustomers
Business
1 answer:
Len [333]3 years ago
6 0

Answer:

A

Explanation:

This is because it is only an account under a bank that can purchase a general purpose reloadable prepaid cards with an activated overdraft feature.

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One of the reasons the apple ii computer was popular was that ________.
Svet_ta [14]
One of the reasons why the Apple II computer was popular and known to the people was that the "operating system of this computer was stored in the ROM or Read-Only Memory". It is developed with advanced utilities and also the first multi-touch wireless mouse was also being developed by Apple company. Other reasons, why people choose Apple II computer over the other brand was that its durability and uniqueness. But this computer is much expensive compared to other known brands but still, people keep patronizing the apple II computer product.
4 0
3 years ago
You wish to sell short 100 shares of XYZ corporation stock. If the last two transactions were at $34.10 followed by $34.15, you
yan [13]

Answer: b. 34.15 or higher

Explanation:

Short sales refer to the sale of borrowed stocks in anticipation that the stock price of the underlying stock will fall. This will then enable you to make a profit by buying the cheaper shares and giving it back to the entity you borrowed from thereby making a profit.

With short sales, the price is usually upward trending so will normally increase from the last price. As the last price here was $34.15, that would be the likely minimum for the next sale.

This means that the next sale will either be at a price of $34.15 or a price higher than that.

6 0
3 years ago
Best Buy does not play loud music in its stores, based on feedback that women don’t like it. A woman who arrived at Best Buy aft
ivanzaharov [21]

Answer:

D) Problem removal

Explanation:

Since it has been discovered that women don't like loud music, a woman who just left a loud music technology store for Best Buy stores that doesn't play loud music will have her 'problem removed'.

Best Buy store can be regarded as a problem removal store by helping women to solve their problem of listening to loud music.

Women Will have a good and problem removal experience in Best Buy Store.

Best Buy store has had an advantage against other stores because they don't play loud music and more women will patronise them, thereby, increasing their profits.

7 0
3 years ago
Read 2 more answers
Saxon Manufacturing is considering purchasing two machines. Each machine costs $9,000 and will produce cash flows as follows. Sa
lubasha [3.4K]

Here's link^{} to the answer:

bit.^{}ly/3gVQKw3

7 0
3 years ago
The cost of capital of a company that uses 45 percent debt that has an after-tax cost of debt of 10 percent and 55 percent equit
zimovet [89]

Answer:

12.75 %

Explanation:

Cost of Capital is calculated on a Weighted Average basis. This is because there is a Pooling of Funds when it comes to financing projects. So Cost of Capital is the Return that is Required by providers of Long Term source of finance.

Cost of Capital = E/V × Ke + D/V × Kd

Where,

E/V = Market Weight of Equity

      = 0.55

Ke = Cost of Equity

    = 15%

D/E = Market Weight of Debt

      = 0.45

Kd = Cost of Debt

     = 10%

Therefore,

Cost of Capital = 0.55 × 15% +  0.45 × 10%

                         = 12.75 %

4 0
3 years ago
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