1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
jeka94
3 years ago
10

Compensating balances

Business
1 answer:
Airida [17]3 years ago
8 0

Answer:

The correct answer is D

Explanation:

Compensating balance is the balance which is to be minimum amount that is to maintained or kept in the bank account, so that could be used to offset the cost incurred by the bank for setting up the loan.

It is that balance which is not available for the company to use and might be needed to disclose in the notes of the borrower in the financial statements.

So, it is a specific kind of collateral, allow bank to monitor payment practice of firms and require to have a minimum amount that borrower need to keep in the checking account.

You might be interested in
Welfare economics is the study of Select one: a. taxes and subsidies. b. how technology is best put to use in the production of
icang [17]

Answer:

Correct option is (d)

Explanation:

Welfare economics deals with the study of distribution of resources affect the overall welfare of the society and economy as a whole.

It is a part of economics that studies the role of government in aligning policies for the welfare of the society and ensuring that every section of the society is equally developed.

The concept was developed as inequality in distribution of wealth and resources was observed across different sections of the economy. Poor was becoming poorer and rich, becoming richer. This hampered overall growth of the economy, thereby giving birth to welfare economics.

7 0
3 years ago
Assume that Jack, Hal, and Sophia enter into a valid contract for the sale of the restaurant and for the covenant not to compete
Salsk061 [2.6K]

Answer: Reformation

Explanation: In simple words, reformation refers to a process in which something is changed in the current subject to set it again on the right path.

In the given case, the judge believes that the time period set for avoiding the competition is unusually long. Thus, they can reform the contract to make it suitable and justified for all the parties involved.

6 0
3 years ago
The management team at electronics galaxy is evaluating whether or not to have sales staff wear uniforms on the showroom floor.
Delicious77 [7]

Answer:

b. Uniforms can help customers identify members of the sales staff

Explanation:

When evaluating whether or not to have sales staff wear uniforms on the showroom floor. What the electronics galaxy should consider about wearing uniforms is that "Uniforms can help customers identify members of the sales staff."

As customers come in to buy their products, they can quickly know the sales staff, and approach them to describe the type of. the product they came for and eventually buy the product if satisfied.

6 0
3 years ago
The staff training center at a large regional hospital provides training sessions in CPR to all employees. Assume that the capac
lys-0071 [83]

Answer:

Efficiency of the system = Actual output/ Effective capacity*100

Efficiency of the system = 850/950*100

Efficiency of the system = 0.894737*100

Efficiency of the system = 89.47%

Utilization of the system = Actual output/Design capacity*100

Utilization of the system = 850/1200*100

Utilization of the system = 0.708333*100

Utilization of the system = 70.83%

6 0
2 years ago
A bakery sold apple pies for $11 and blueberry pies for $13. one saturday they sold a total of 38 pies and collected a total of
Nimfa-mama [501]
So first you know that if a is apple pies and b is blueberry that
$460=11a+13b in terms of price and you also know that the number
a+b=38
I solved that for either a or b (I chose a)
So
A=38-b
Them I plugged it in to the money equation to solve for b
460=11(38-b)+13b
460=418-11b+13b
460=418+2b
42=2b
B=21
Therefore you can do 38(total pies)-21(what b equals) to find the apple pies which would be 17 so a=17
Therefore the answer is B (17 apple and 21 blueberry)
5 0
3 years ago
Read 2 more answers
Other questions:
  • How would age determine which investment strategies you would choose?
    7·2 answers
  • _____ supervision is an intensive, extended, and evaluative interpersonal relationship in which a senior member of a profession
    5·1 answer
  • Purchasing marketable securities with cash will have no effect on a company's acid-test ratio.
    12·1 answer
  • Deb and Rusty know that buying a house will save them money on taxes because they get to deduct the interest they pay to the ban
    9·1 answer
  • An invoice, with payment terms of 6/10, n/30, was issued on april 28 for $230.00. if the payment was made on may 12, the amount
    7·1 answer
  • The mountain dew ads imply that the company is using which positioning approach as identified by professor ernest martin? use/ap
    10·1 answer
  • Coc.k dsfdfdsfdsfdsfs
    12·2 answers
  • Which of the following investors would likely prefer a cash dividend over a stock dividend?
    9·1 answer
  • Which of the following is not an example of a<br>n IDE device??​
    12·1 answer
  • which if the following may not be purchased on margin but can be used as collateral for a margin loan after being held for 30 da
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!