Eagle Bank's 1-year CD became the only account guaranteed to return $22 in interest on a $1,000 deposit because a typical CD earns about 1.5% or less instead of 2.2%.
<h3>What is a CD?</h3>
A certificate of deposit (CD) is a special bank savings account that earns interest on a lump-sum deposit for a predetermined period of time without withdrawals until the due period.
CDs are among the lowest-risk investments as they do not lose value if a bank fails based on the Federal Deposit Insurance Corporation (FDIC) insured guarantee.
Thus, Eagle Bank's 1-year CD became the only account guaranteed to return $22 in interest on a $1,000 deposit because a typical CD earns about 1.5% or less instead of 2.2%.
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B.) Rule of 72; just had this question on Apex and was trying to find the answer but guessed since I couldn’t find it. Posting to save a life!
The question is incomplete:
The staffing policy that seeks the best people for key jobs throughout the organization, regardless of nationality, is called:
a. Ethnocentric staffing policy
b. Polycentric staffing policy
c. Geocentric staffing policy
d. None of the above
Answer:
Geocentric
Explanation:
-Ethnocentric staffing policy is when a business that has global operations seeks the people for key positions from the home country.
-Polycentric staffing policy is when a company seeks employees in the home country for positions in the headquarters and people from other places for the other offices abroad.
-Geocentric staffing policy is when a company seeks the best person for each position without considering the nationality or culture.
According to this, the answer is that the staffing policy that seeks the best people for key jobs throughout the organization, regardless of nationality, is called geocentric staffing policy because the company only focuses on the person that best fits the position without considering the nationality.
Answer:
D) $45,000
Explanation:
The computation of the amount which is included in the current liability section is shown below:
= Account payable balance + bonds payable - discount on bonds payable + dividend payable
= $15,000 + $25,000 - $3,000 + $8,000
= $45,000
The current liability is that liability which is arise for one year. Since, the notes payable is a long term liabilities so we do not consider in the computation part.
Answer:
(B) the macroeconomy
Explanation:
The condition of the macroeconomy would exert the most influence of a firm's decision to hire more workers. As economic growth increases and demand grows, the firm is likely to hire more workers to meet increasing demand for its goods. On the other hand, in an economic recession, the firm is likely to hire less and even lay off its existing workers as demand for its goods reduces.
Option A is incorrect as a firm would not hire more workers even at low wage levels if the economy is in a recession. Option C is incorrect as the level of a firm's income would likely not be considered in its hiring decision if demand for its goods was very high. Option D is incorrect as the household income would likely not be considered by the firm in its hiring decision.