1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
dimulka [17.4K]
2 years ago
8

A restriction of cash wherein the borrower is required to maintain a specific amount in a low-interest or noninterest-bearing ac

count at the bank is called
Business
1 answer:
Musya8 [376]2 years ago
4 0

Answer:

Compensating balance

Explanation:

Compensating balance is when the borrower agrees to maintain an amount of cash in his account.

The lender can invest this money and this reduces the cost of borrowing

You might be interested in
Ashish comes to work looking exhausted almost every day. He is a new father and the baby is not sleeping well. James, his manage
morpeh [17]

The given statement is True.

Ashish agrees without putting up much fight. James takes advantage of the fact that Ashish is sleep deprived and will be more likely to engage in unethical behavior.

Explanation:

Ethics are the rules, regulations, principles, that govern a person's behavior or affect how people conduct an activity.

Ethics are something that will be evaluated on the basis of either right or wrong. If a person chooses something which is right, he is exercising ethics.

So when James takes advantage of Ashis's sleep deprivation and forced him to do something which is not right, then this is an unethical behavior. But not only James is engaged in unethical practice, Ashish is also responsible for this unethical conduct, because he should have fought for the right, rather than accepting the James's order because of his sleep deprivation and avoid indulging in a conflict with him.

Learn more about Ethics at

brainly.com/question/2222369

#LearnWithBrainly

8 0
3 years ago
True or False. The standminus−alone cost allocation method ranks the individual users of a cost object in order of users most re
Reptile [31]

Answer:

False

Explanation:

It is 'Incremental cost allocation method' that ranks the individual users of a cost object in order of users most responsible for a common cost (the most responsible will be primary user) and then uses these rankings to allocate the costs among the users (incremental users).

Stand-alone cost allocation method allocates cost proportionately among all users based on a basis which relates to each users proportion of the total. For example the basis could be proportion of sales of responsibility centers to total sales of organization.

6 0
3 years ago
True or false?columbus's return voyage took longer than his outward voyage
zaharov [31]
That is false, he took a lot more time trying to find India and instead found America
7 0
2 years ago
Read 2 more answers
A couple has two children. They live in Missouri and have a combined annual income of $96,730. The couple has a mortgage, a car
Mashutka [201]
I'm going to guess, but i would say the best answer would be B. They could file for Chapter 7 bankruptcy and discharge most of their debt.
6 0
3 years ago
Burton Corp. is growing quickly. Dividends are expected to grow at a rate of 29 percent for the next three years, with the growt
maw [93]

Answer:

The Current share price is $94.79

Explanation:

Dividend Growth Model determines the share price of a company which offers perpetual dividend with stable growth. It is the expected dividend of a share divided by the net return rate of growth rate .

According to given data

Last dividend = D0 = $3.40

Rate of return = 15%

Growth rates:

For 3 years = 29% per year

After 3 years = 7.3% in perpetuity

Dividend after 3 years = D3 = 3.40 x ( 1 + 0.29 )^3 = $7.30

We can calculate the price of share using following formula:

Price of share = D3 / Rate of return - Growth rate

Price of share = $7.30 / 15% - 7.3% = $7.30 / 7.70% = $94.79

4 0
3 years ago
Other questions:
  • International Imports (I2) pays an annual dividend rate of 10.20% on its preferred stock that currently returns 13.67% and has a
    10·1 answer
  • Billy Thornton borrowed $140,000 at a rate of 7.25%, simple interest, with interest paid at the end of each month. The bank uses
    12·1 answer
  • What necessary condition for the presence of competition in a market?
    10·2 answers
  • Suppose the current price of a good is $160. At this price, the quantity supplied is 130 units, and the quantity demanded is 55
    15·1 answer
  • The marginal propensity to consume is defined as the
    6·1 answer
  • Real data vs nominal data what is the difference
    10·1 answer
  • Gardner Corporation manufactures skateboards and is in the process of preparing next year's budget. The pro forma income stateme
    7·1 answer
  • When the interest rate is 10% per year, all of the following are equivalent to $5,000 now except: A) $4,545 one year ago B) $5,5
    8·2 answers
  • The following data were accumulated for use in reconciling the bank account of Creative Design Co. for August 20Y6: Cash balance
    13·1 answer
  • What is verbal communication?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!