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4 years ago

A __________ is when you move money from one bank account to another. (Select the best answer.)

Business

1 answer:

Sidana [21]4 years ago

6 0

Answer:

Bank Transfer

Explanation:

Usually it is said Bank Transfer when you transfer money fro one bank account to another.

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Many banks and phone companies now charge fees for once-free services to ensure minimum customer revenue levels. This helps bank

inn [45]

Complete Question: Many banks and phone companies now charge fees for once-free services to ensure minimum customer revenue levels. This helps the banks to ________.

A) reduce the rate of customer defection

B) make low-profit customers more profitable

C) enhance the growth potential for each customer through cross-selling

D) increase the longevity of the customer relationship

E) focus disproportionate effort on high-value customers

Answer:

B) make low-profit customers more profitable

Explanation:

Many banks and phone companies now charge fees for once-free services to ensure minimum customer revenue levels. This helps the banks to make low profit customers more profitable.

The basic logic behind this strategy is that when customers find something coming free, then they start taking it for granted, they don't pay much attention to it, therefore, when the some services are free, customers will not be spending much on them, like upgrading, monthly plan up-gradations, monthly or annual subscriptions. Consequently, to turn the those customers into highly valuable customers, companies charge for the services which were free of cost in the past.

3 0

3 years ago

What challenges do you see for a company that wants to implement collaborative SCM systems? How would you meet such challenges?

OverLord2011 [107]

This would help you a lot :) have fun

3 0

3 years ago

The prepaid insurance account had a balance of $9,400 at the beginning of the year. The account was debited for $10,400 for prem

soldier1979 [14.2K]

Answer:

Following are the response to the given points:

Explanation:

$\text{Insurance Expense} =\text{ Beginning Prepaid Insurance} + \text{Cash Premium Paid} -\text{Ending Prepaid Insurance}$

$= \$9,400 + \$10,400 - \$3,730\\\\ = \$16,070$

$Date \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ General \ Journal \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ Dr. \ \ \ \ \ \ \ \ \ Cr. \\\\$ $March \ 31\ \ \ \ \ \ \ \ Insurance \ Expense \ \ \ \ \ 16,070 \ \ \ \ \ \ \ \ \ \ \ \ \ \\\\$

$Prepaid\ Insurance \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 16,070\\\\$

For point b:

$Date \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ General \ Journal \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ Dr. \ \ \ \ \ \ \ \ \ Cr. \\\\$ $March \ 31\ \ \ \ \ \ \ \ Insurance \ Expense \ \ \ \ \ 18,100 \ \ \ \ \ \ \ \ \ \ \ \ \ \\\\$

$Prepaid\ Insurance \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 18,100\\\\$

5 0

3 years ago

A U.S. exporter sells $150,000 of furniture to a Latin American importer. The exporter requires the importer to obtain a letter

grandymaker [24]

Answer:

5.52%

Explanation:

Cost of Furniture= $150,000

discount= 5.25% (120-day note)

To get the exporter's true effective annual financing cost, we have:

$150,000*[1-(0.0525*120/360)] = 147,375$

=(150,000/147,375) 365/120-1 = 5.52%

Therefore, the exporter's true effective annual financing cost is 5.52%

6 0

4 years ago

Median of a normal distribution is to outlier as lunar perigee is to lunar _____?

ra1l [238]

<span>Median of a normal distribution is to outlier as lunar perigee is to lunar orbit. Lunar perigee is the side of the moon that is closest too earth. The moon is orbiting elliptically around the earth which means that the closest part of the moon's orbit is the perigee. This is also the the time wherein the moon appears bigger than the normal size. That is why, the distances between the moon and the earth varies according to how the moon is being positioned around the earth while orbiting.</span>

8 0

3 years ago

Read 2 more answers