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elena-14-01-66 [18.8K]
3 years ago
8

Why would a financial institution require a minimum balance for a checking account?

Business
1 answer:
9966 [12]3 years ago
7 0

Answer:

Money market requires a minimum balance because the money is treated as part of your investment wherein it yields higher interest income that the basic saving account. The minimum balance is the one that is use by the bank for loans and lending it to borrowers.

Explanation:

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The previous graph you constructed should show that net exports from Japan would be negative if the price of yen increased to a
lubasha [3.4K]

Answer:

0.1 yen per dollar?  if i got it wrong sorry

Explanation:

Since 10 divided by 1000 would be 0.1 yen wait is it the other way around?

4 0
3 years ago
Vegetarian Delights has been experiencing declining market conditions for its specialty foods division. Management decided to te
harina [27]

Answer: $9 million

Explanation:

Based on the information given in the question, the amount of the impairment loss that Vegetarian Delights should record will be calculated as:

Book value of division's asset = $34.0 million

Less: Fair value of divisions asset = $25 million.

Impairment loss = $34million - $25million = $9 million

7 0
3 years ago
Which statement about credit and debit cards is NOT true? *
andriy [413]

Answer:

I believe that the the statement "you can use a credit card to spend more money than you have in your bank account" is false because a credit card takes out the money straight away, while a debit card sometimes waits to take out the money you used

4 0
3 years ago
An Apple ipod sells for $299, which is marked up 40% of the selling price. The cost of the Ipod is what?
Softa [21]
This means that the original price is 60%, which we will use to calculate it.
299 (the discounted price) : x (the original price) = 60 % : 100 %
60x = 299 * 100
60x = 29900
x = 29900 / 60
<u>x = 498.33
</u>
<u />The cost of the Ipod is $498.33<u>
</u>
4 0
3 years ago
Read 2 more answers
Unit: Technology for Communication
Cloud [144]

Small business have different on boarding techniques for which they appoint managers which describe people roles in the company.

Various business offers various managerial opportunities to people to join and contribute to the welfare of the organization and their growth by joining the small business assosciate  and as managers.

Staffing includes various on boarding techniques which provide and appoint process managers responsible for proper work and report relationships in the organization.

To learn more about on boarding techniques here,

brainly.com/question/15171779

#SPJ1

8 0
1 year ago
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