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KIM [24]
3 years ago
14

The rate of interest banks charge on short-term loans to their best customers is the _____.

Business
1 answer:
Alja [10]3 years ago
6 0

<u>Answer: </u>Prime rate

<u>Explanation:</u>

Prime rate is the rate of interest charged by the commercial banks to their creditworthy customers for short term loans. These customers are usually big corporations involved in business. RRR is the required reserved ratio which the deposits that banks must keep in hand.

Federal funds rate is the charges that banks impose on other banks for borrowing. Federal fund rate is used in the calculation of the prime rate. Money multiplier formula means the bank uses to calculate the new money inflow through demand deposits.

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Should the government forgive existing loans?
irinina [24]

Answer:

yes they should get smart dunmmy stop cheating

Explanation

8 0
3 years ago
_________ is the process in which a large number of ideas are generated while evaluation of the ideas is suspended.
e-lub [12.9K]

The answer is e. brainstorming. Brainstorming is a group activity technique, wherein a large number of ideas are created, while the evaluation of these ideas are suspended and will be reviewed later on after making a group agreement or decision. Brainstorming can also be used in terms of solving a problem, by gathering ideas for a specific problem, through the help of the spontaneous ideas given by the group’s members.

7 0
3 years ago
Read 2 more answers
On May 3, 2020, Concord Company consigned 80 freezers, costing $540 each, to Remmers Company. The cost of shipping the freezers
NeX [460]

Answer:

a) $22,010

b) $3,780

c) $25,790

Explanation:

a) In calculating the value of inventory still left, the total value needs to be calculated first,

= (80 freezers * $540) + $820 ( transport fees)

= 43,200 + 820

= $44,020

40 out of 80 freezers have not been sold so,

= 40/80 * 44,020

= $22,010

b) In calculating the profit, subtract the expenses from the sales

Sales = 40 * 700

= $28,000

= 28,000 - Cost of refrigerators - commission of 6% of sales - advertising - installation

= 28,000 - 22,010 - (28,000*0.06) - 180 - 350

= $3,780

c) The amount remitted by the consignor will be,

= Sales - commission - advertising - installation

= 28,000 - (28,000 * 0.06) - 180 - 350

= $25,790

7 0
3 years ago
An auto company decided to relocate its offices from Huntsville, Alabama to Orlando, Florida. The human resources manager of the
yawa3891 [41]

In the given case the human resource manager will be considered frictionally unemployed. Thus the correct answer is B.

<h3>What is unemployment?</h3>

Unemployment is the situation in which an individual is unable to find any job or occupation to meet the financial needs of life after having all the required talents and qualifications.

Frictionally unemployment is a situation when an individual is relocating to another job from one job. In the given situation the manager is not terminated.

The human resource manager resigned from the job due to obligations from family. This shows that she has the skills and talents to pursue and join another job. The period in which she is searching for a job is considered frictional unemployment.

Learn more about unemployment, here:

brainly.com/question/14227610

#SPJ1

5 0
2 years ago
What is global standardization strategy​
Mashcka [7]
What is Global Standardization? ... The general definition of global standardization is the ability to use standard marketing internationally. In other words, it's the ability for a company or business to use the same marketing strategy from one country to the next, and across various cultures.
5 0
3 years ago
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