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densk [106]
3 years ago
5

A bank statement A. is a credit reference letter written by the depositor's bank. B. lets a depositor know the financial positio

n of the bank as of a certain date. C. shows the activity which increased or decreased the depositor's account balance. D. is a bill from the bank for services rendered.
Business
1 answer:
Tamiku [17]3 years ago
6 0

Answer:

C. shows the activity which increased or decreased the depositor's account balance

Explanation:

A bank statement shows the activity which increased or decreased the depositor's account balance

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You work as an assistant coach on the university swim team and earn $13 per hour. One day, you decide to skip the hour-long prac
Olegator [25]

Answer:

The answer is: $22

Explanation:

In order to calculate the cost of skipping practice, we have to calculate the total sum of the deficit incurred within the period, and this includes the money that would have been earned during that hour of practice if it had been attended (opportunity cost of time), and the admission fee into the carnival. This calculation is shown below:

Opportunity cost of time = $13

cost of admission into carnival = $9

Total cost of skipping practice = opportunity cost of time + cost of admission into carnival

= 13 + 9 = $22

3 0
3 years ago
Nabors Company reported the following current assets and liabilities for December 31 for two recent years: Dec. 31, Current Year
Alexandra [31]
Idk man sorry lol Abidjan’s
5 0
3 years ago
An economics professor is discussing a measure of inflation over time based on a basket of goods comprised of all the components
Jlenok [28]

Answer:

GDP Price Deflator

Explanation:

GDP price deflator is a measure of the general changes in the price level of all the finished goods and services in a country in a period.  While GDP is a measure of the total output in an economy, the GDP price deflator shows the extent to which prices changed in a period. In proving the effects of price changes, the GDP deflator identifies a base year then compares the current prices to base year prices.

The GDP price deflator allows economists to compare the GDP   of different periods while considering the inflation between those periods. It does this by comparing the nominal GDP with the real GDP.

3 0
3 years ago
Corporate Fund started the year with a net asset value (NAV) of $12.50. By year-end, its NAV equaled $12.10. The fund paid year-
Setler79 [48]

Answer:

The rate of return to an investor in the fund=0.088*100=8.80%

Explanation:

Given Data:

NVA at the start of the year=(NAV)_o=$12.50

NVA at the end of the year=(NAV)_f$12.10

Distributions of income and capital gains =$1.50

Required:

The rate of return to an investor in the fund=?

Solution:

Rate of return=\frac{(NAV)_f+\ Distributions}{(NAV)_o}-1

Rate\ of\ return=\frac{12.10+1.50}{12.50}-1 \\Rate\ of\ return=0.088

The rate of return to an investor in the fund=0.088*100=8.80%

5 0
3 years ago
if you expect the inflation rate to be 15 percent next year and a one-year bond has a yield to maturity of 7 percent, then the r
uranmaximum [27]

If the inflation rate is  15 percent. The real interest rate on this bond is:22%.

<h3>Real interest rate </h3>

Using this formula

Real interest rat=Expected inflation rate+ One year yield to  maturity

Let plug in the formula

Real interest rate=15%+7%

Real interest rate=22%

Therefore the inflation rate is  15 percent. The real interest rate on this bond is:22%.

Learn more about real interest rate here:brainly.com/question/6106690


#SPJ12

6 0
2 years ago
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