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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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3 years ago
Karen is a senior manager at the american bank. a good part of her workday is spent in meetings with clients, subordinates at th
andre [41]

Answer:

C) meaningfulness

Explanation:

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3 years ago
Maya, who lives in California, just purchased her first home at a Trustee’s foreclosure sale. She was given a deed at the sale.
nevsk [136]

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From the perspective of the investor, a document of trust has a vital benefit as compared to a mortgage. If a borrower fails to pay on the loan, on part of the lender, the trustee has the right to repossess the land. Thus, from the above we can conclude that Maya would have been given a trustee's deed.

7 0
3 years ago
The objective of maximizing value for the shareholders provides an important theme in corporate finance. This objective is not w
Illusion [34]

Answer:

D

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Agency conflicts arises  when the objectives of managers isn't aligned with that of shareholders.

Due to the objective of maximising value for shareholders, managers might be induced to engage in aggressive accounting practices in order to present a higher profits than might actually exist. This practice is unethical. This places more emphasis on profits than cash flows.

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What is the tax penalty for no health insurance 2016?
alukav5142 [94]
$695 per adult
$347.50 per child under 18<span>
Maximum: $2,085</span>
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