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sergeinik [125]
3 years ago
10

If you were reviewing a Financial company such as JPMorgan Chase, which of the following metrics is most relevant?

Business
1 answer:
Elena L [17]3 years ago
7 0

Answer: A) Net Interest Margin.

Explanation:

JPMorgan Chase as a financial company would not deal with actual inventory so the Days sales outstanding is not a relevant measure. Neither is the SSS as the company is not a retail chain.

The relevant metric would be the Net Interest Margin which is used to measure the difference between the interest income that a bank or similar financial institution makes vs the interest payments that the company will pay out to its lenders.

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Yvette Bradbury is an account representative at Commerce Savings Bank, earning $45,600 annually, paid semimonthly. She contribut
FrozenT [24]

Answer:

taxable income per pay period = $1,637.50

Explanation:

first we must determine Yvette's pay per period. Since she is paid semimonthly, that means she gets paid twice a month = $42,000 / (12 x 2) = $42,000 / 24 pay periods = $1,750 per pay period

her 401 (k) contributions = $1,750 x 3% = $52.50

her medical premium = $60

taxable income per pay period = $1,750 - $52.50 - $60 = $1,637.50

7 0
3 years ago
The accounts payable account is listed in the chart of accounts as an asset.<br> True<br> False
mafiozo [28]

Answer:

False

Explanation:

Payables are payment the business is expected to make. Money comes from the company and goes to third parties. Payables represent goods and services obtained from suppliers, but payments have not been made. They are debts that the business owes others.

Because payables are money that the business owes others, they are listed as liabilities. Liabilities are the debts that a business acquires as it engages in its regular activities. Assets are the items of value that a business own. Payables are not assets as they are financial obligations the company is expected to meet.

6 0
3 years ago
If Sam invested $3,000, earning $300 over six months, his principal is _____. six months $300 $3,000 $3,300
ankoles [38]

The answer is B. $300

7 0
3 years ago
What is a feature of a cash advantage loan?]
anyanavicka [17]
I think it’s c not sure tho
8 0
3 years ago
Read 2 more answers
Harry recently raised his employees' wages, which has increased production costs. Which factor did the salary hike affect?
Pavel [41]
The factor that the salary hike effect is :
A. Fixed cost
Technically, no matter how much output the workers produced, the wages will stay the same

hope this helps
6 0
3 years ago
Read 2 more answers
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