What is the legal business name of a sole proprietorship

How does it help the economy that banks offer incentives (like interest payments, deposit insurance, etc.) to get customers to d

Assoli18 [71]

the answer is: it helps prevent people from keeping their cash out circulation

After collecting the money from the saver, Banks will provide loans to other business who needs a capital injection and put an interest rates from the total loan. This is the main way Banks obtain their profit.

This means that <em>The more cash kept out of circulation , the more profit the Banks can potentially get.</em>

Because of this, they offers various incentives for the saver to kept their money in the banks rather than using it somewhere else through interest, deposit insurance, maximum withdrawal, etc)

3 0

2 years ago

Read 2 more answers

Which of the following is NOT true? (Present values are calculated from the end of the life of the option to the beginning.) A.

galina1969 [7]

Answer:

A.An American put option is always worth less than the present value of the strike price

Explanation:

Put option refers to a stock market instrument which gives the holder an option to sell an asset at an agreed price on or before a particular date.

Each contract covers around 100 shares for stock options.

An American call option provides the holder with the right to purchase an asset, while a put option provides the holder an option to sell it.

A European option can be implemented only at the expiration date of the option and an American option can be implemented at any time before the expiration date.

An American put option is always worth less than the present value of the strike price.

So, option A. is correct

6 0

2 years ago

When using the asset turnover ratio, which of the following is true? a.The ratio measures how effectively a business is using it

Svetllana [295]

Answer:

a business is using its assets to generate sales.

Explanation:

The formula to compute the asset turnover ratio is shown below:

Asset turnover ratio = Net sales ÷ average total assets

where,

Average total assets = (Opening balance of assets + ending balance of assets) ÷ 2

And, the net sales = sales revenue - sales discounts - sales returns

Thus, option A is correct and the rest options are wrong

8 0

2 years ago

Homeowner could take out 15-year mortgage at 5.5% annual rate on a $195,000 mortgage amount, or she could finance purchase with

IrinaVladis [17]

Answer:

$138,6126

Explanation:

The general formula to solve this is FVAn = PMT(PVIFAi,n)

Where FVAn is Face value (annual rate)

PMT is payment

PVIFA is Present Value Interest Factor of an Annuity =

i is the interest and n is the number of time in months

Calculate pmt for 15years (convert to months =180 months)

195,000 = Pmt × PVIFA (0.055/12, 180 months)

Pmt of $1,593.31 × 180 = $286,795.8

Calculate pmt for 30years (convert to months =360 months)

195,000 = Pmt × PVIFA (0.061/12, 360 months);

Pmt of $1,181.69 × 360 = 425,408.4;

Now subtract pmt at 15years from pmt at 30years

$425,408.4 – $286,795.8 = $138,6126.

3 0

2 years ago

"Which stage of the product life cycle has (1) establishing a strong, defensible market position, and (2) achieving financial ob

bija089 [108]

Answer:

The growth stage

Explanation: The growth stage is the stage in the product life cycle that signifies when the product continues to achieve its full potential, more sales, more revenue and profits are earned by the organisation. During this stage Organisations achieve their financial objectives that helps to repay investors and gives investors confidence and good value for their money, during this stage of the product life cycle a strong market position and competitive advantage is achieved by the product.

5 0

2 years ago