Answer:
The correct answer is C
Explanation:
Zero-balance accounts is the checking accounts in which zero amount of balance is maintained through automatically transferring the funds from the master account in an amount which is only large enough in order to cover the checks presented.
This account will not speed up the timing when use the funds from the checks written as it has keep a zero balance in the account.
Answer:
The correct answer for option (a) is 28.29% and for option (B) is 2.65%.
Explanation:
According to the scenario, the given data are as follows:
Initial price = $117
Ending price = $147
Dividend = $3.10
(a) We can calculate the Total return percentage by using following formula:
Total return percentage = ( Ending Price - Initial Price + Dividend) ÷ Initial Price
By putting the value, we get
Total return percentage = ( $147 - $117 + $3.10) ÷ ( $117)
= 28.29% (approx).
(b). we can calculate the dividend yield by using following formula:
Dividend Yield = Dividend ÷ Initial Price
By putting the value, we get
Dividend Yield = $3.10 ÷ $117
= 2.65%
Answer:
<h2>Mission Statement</h2>
Explanation:
A brief description of a company's purpose is called mission statement, it tells about the company's purpose for the public and employees. It varies from company to company as because every company describes it differently.
A mission statement is important as it serves as a base line for everyone in the organisation. It serves as the basis for effective business planning. Mission statements are used in marketing as they are a company's public face. Companies also include them on their websites. A good mission statement can inspire, surprise and transform your business
Jan pays $70 each month for her auto insurance policy. This regular payment is called PREMIUM.
Premium is the payment made by the insured party to the insurer. It primary pays the insurer for bearing the risk of payout in the event that the insurance agreement coverage is needed. Premium payment may be monthly, quarterly, semi-annually, or annually.
Answer:
a) 17.5%
Explanation:
The computation of the simple rate of return on the investment is shown below:
Simple rate of return = Annual net income ÷ Initial investment
where,
Annual net income is
= Sales revenue - cash operating expenses - depreciation expenses
= $250,000 - $100,000 - ($400,000 ÷ 5)
= $70,000
And, the initial investment is $400,000
So, the simple rate of return is
= $70,000 ÷ $400,000
= 17.5%
Dividing the annual net income by the initial investment we can get the simple rate of return
