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saul85 [17]
3 years ago
13

Which type of account typically has very high liquidity, low or no interest, and low minimum balance?

Business
1 answer:
Vsevolod [243]3 years ago
4 0
Checking account is the right answer
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According to the invisible hand concept, the best way for a society to encourage the creation of jobs and the production of the
evablogger [386]

Answer:

The correct answer is C

Explanation:

The concept of the invisible hand, is the concept in which the unobservable market force, helps the supply and the demand of the goods to reach at equilibrium in a free market.

As per this concept, the best method for society in order to encourage the jobs creation and the production of products demanded by consumers would be to allow the personal freedom entrepreneurs to follow their self interest.

8 0
3 years ago
Assume that the bank says Frank can have the money and would like to work with him on the type of debt that he will be incurring
IceJOKER [234]

Answer:

It is better for Frank, to go for a line of credit

Explanation:

It is better for Frank, to go for a line of credit, as this will enable him to have the lowest interest payment.  This will also help him to draw for his services and also enable him to be repaying the in small amounts so that the operations are not affected.

7 0
3 years ago
Why do we practice making associations with simple and mundane problems and resources? Select all that apply.
Artyom0805 [142]

Answer:

E.  They are problems and resources that most people have experience with or can relate to.

Explanation:

  • Such problems and resources are most commonly found in day to day lives. People can easily relate to them as they are simple and common in the workplace.
  • They are associated with the resources of particular problems. This making them a subject of practice it becomes easy to use them for teaching and other purposes. Such as enlightenment and giving advice.
4 0
2 years ago
You have a current credit card balance of $450.00, which you are paying off so you can close the account. No new purchases have
lesantik [10]

Answer:

It's Best to Pay Your Credit Card Balance in Full Each Month

Explanation:

Leaving a balance will not help your credit scores—it will just cost you money in the form of interest. Carrying a high balance on your credit cards has a negative impact on scores because it increases your credit utilization ratio.

5 0
3 years ago
Your client, Tom, asks you to prepare his financial statements. He is especially curious about his net worth. He asks you to exp
Vilka [71]

Answer: Balance sheet

Explanation: In simple words, balance sheet refers to the statement which is prepared by an entity at the end of the financial year for depicting its assets, liabilities and equity in hand at that particular point of time.

Balance sheet shows the net worth of an entity at the end of the year and can also be used to evaluate how much of the assets are funded with the capital and  for how much any liability has been taken over.

Thus, from the above we can conclude that the correct answer is balance sheet.

6 0
3 years ago
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