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Natalka [10]
2 years ago
6

What does it mean for a savings account to have a minimum balance? a. If you do not keep at least that much money in the account

, you will be assessed fees. b. If the amount of money you have in the account drops below the minimum, the interest rate will increase to replenish your savings to the minimum. c. You must have the minimum amount of money in a separate account before you are allowed to open a savings account. d. You must deposit that much money into the account every month or your account will be closed.
Business
2 answers:
Gelneren [198K]2 years ago
6 0
A) If you do not keep at least that much money in the account, you will be assessed fees
Aleonysh [2.5K]2 years ago
4 0

Answer:

a. If you do not keep at least that much money in the account, you will be assessed fees.

Explanation:

The savings account is the account in which the individual and a company, etc deposit their amount to the bank and withdrawal whenever they need.  

Every bank has its own eligibility criteria for maintaining their saving account by having the minimum balance in their account

If anyone is not maintaining his or her minimum balance amount that he or she has to assessed fees in terms of interest charged by bank or we called as a fine also

So in the given situation, the minimum balance in the savings account means it is a compulsory amount which is to be maintained by the individual or a company, etc that are set by the bank norms.

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Fill in the blanks: Stock prices fall if investors either expect _________ growth rates or require _________ returns.A. higher,
devlian [24]

Answer:

C. lower, higher

The reason for this is that when growth rates are lower investors will be willing to pay less for the stock is because low growth rate mean that the capital gains will be less as stock price is less likely to increase in the future and dividend growth is also less. Also  the DDM model D*(1+G)/1-R shows that mathematically a lower growth rate would mean lower stock price

Also Higher required returns mean that the investor requires higher returns to buy the stock, because he may view the stock as risky and requires higher returns for the risk he is taking or he may have a higher opportunity cost (for eg interest rates may be high) with other investments. Mathematically the DDM model D*(1+G)/R-G shows us that a higher R would mean lower stock price.

Explanation:

7 0
2 years ago
Read 2 more answers
In a(n) ________, the consumer ranks a product's attributes in terms of perceived relevance or importance, then compares the var
mafiozo [28]

Answer:

Lexicographic decision rule

Explanation:

A lexicographic decision rule is one of the decision making rules in purchase that allows a product to be ranked according to its importance to the consumer.

When a consumer is to purchase a product, the consumer ranks products that are similar in use as well as how important the product is. This helps a consumer to make the best decision when it comes to purchasing.

Cheers.

6 0
3 years ago
Companies Heidee and Leaudy have the same total assets, sales, operating costs, and tax rates, and they pay the same interest ra
stealth61 [152]

Answer:

E. If the interest rate the companies pay on their debt is more than their basic earning power (BEP), then Company Heidee will have the higher ROE.

Explanation:

Base on the scenario been described in the question, we saw that between the two companies, Heidee and Leaudy, they both have the same total assets, sales, operating costs, and tax rates, and they pay the same interest rate on their debt but company Heidee has a higher debt ratio, this will make company Heidee has a higher ROE because of its higher ratio of debt

3 0
2 years ago
Murray Motor Company wants you to calculate its cost of common stock. During the next 12 months, the company expects to pay divi
frozen [14]

Answer:

Cost of retained earnings  = 0.13

Explanation:

given data

(D1) = $1.80

current price = $36  

growth rate = 9 percent

solution

we get here Cost of retained earnings  (Ke) that is express as

Cost of retained earnings = ( D1 ÷ P ) + g    ................1

here P is price and g is growth rate

put here value and we get

Cost of retained earnings =  (1.80 ÷ 36 ) + 0.08

Cost of retained earnings  = 0.13

4 0
3 years ago
Lacey Company prepared the tabulation below at December 31, 2022. Net Income $310,000
valentinak56 [21]

Answer:

Net cash provided by operating activities is $325,000.

Explanation:

Lacey Company

Cash Flow Statement (Operating Activities Only)

December 31, 2022.

<u>Details                                                                       Amount ($)</u>

Net Income                                                                   310,000

Depreciation expense                                                  45,000

Increase in accounts receivable                                 (55,000)

Decrease in inventory                                                   12,000

Increase in accounts payable                                        6,000

Increase in prepaid expenses                                      (4,000)

Decrease in income taxes payable                               3,500

Gain on disposal of land                                                <u> 7,500 </u>

Net cash provided (used) by operating activities  <u> 325,000 </u>

5 0
3 years ago
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