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poizon [28]
3 years ago
7

What is the difference between a single account and a joint account?

Business
1 answer:
laila [671]3 years ago
6 0

Answer:

Single accounts are held by one person, while joint accounts have two or more holders.

Explanation:

The main difference between a single account and a joint account lies in the ownership of the account, that is, in how many people can be owners of said account. Thus, single accounts can only have one owner, that is, a single account owner. On the other hand, joint accounts can have more than one holder, with which the bank account can be shared by several people at the same time.

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What is a metric when it comes to data analysis? Please provide a definition.
kati45 [8]

Answer:

Metrics are the numbers you track, and analytics implies analyses and decision making. Metrics: What you measure to gauge performance or progress within a company or organization. Your most important metrics are your key performance indicators, or KPIs.

Explanation:

7 0
2 years ago
Which statement illustrates the law of demand?
melamori03 [73]

Answer:

Option (c) is correct.

Explanation:

Law of demand states that the price of the commodity and the quantity demanded of that commodity are negatively related to each other. This means that as the price of the commodity falls then as a result the quantity demanded for that commodity increases.

Therefore, the consumer will buy more sticks when the price of sticks falls from $2 to $1.

3 0
3 years ago
Read the following descriptions and identify the type of risk or term being described:
vagabundo [1.1K]

Answer:

Foreign exchange risk

Explanation:

These are the risks that an international financial transaction could accrue because of fluctuations in the currency.

A standard measure of the risk per unit of return and this type of risk relates to fluctuations in exchange rates.

Therefore, according to the following descriptions, the type of risk or term being described is Foreign exchange risk.

7 0
3 years ago
The Evanec Company's next expected dividend, D1, is $3.95; its growth rate is 4%; and its common stock now sells for $37.00. New
Trava [24]

Answer:

rs=14.68%

F=15%

re=16.56%

Explanation:

using the constant growth model:

P0=\frac{D1}{rs-g}

where P0 is the current stock price

           D1 is the dividend expected at the end of the 1st year

            rs is  cost of retained earnings.

Rearranging to make rs subject of the formula:

rs=\frac{D1}{P0}+ g

rs=\frac{3.95}{37}+ 0.04 = 0.1468

if Evanec issues new stock, they will only net $31.45 down from $37 per share due to floatation costs. The difference, ie  $37-$31.45 = $5.55 is due to floation costs.

The percentage floatation costs (F) are \frac{5.55}{37} = 0.15 = 15%

alternatively, one can recognise that  37(1-F)=31.45  and F = 15%

Cost of new common stock re is calculated as follows:

re=\frac{D1}{P0(1-F)}+ g

re=\frac{3.95}{37(1-0.15)}+ 0.04 = 0.1656 = 16.56%

6 0
3 years ago
If Scotland becomes an independent country, how would the arrangement of nationalities in the British Isles change?
Simora [160]

Answer:

If Scotland becomes an independent country, the arrangements of nationalities in the British Isles will change like that:

  • The Scotland will face the same situation as those in Northern Ireland where they feel close to UK and Republic of Ireland.

Explanation:

  • If Scotland becomes an independent country, then it is supposed that the wales will follow them.
  • If Scotland becomes an independent country, then there is chance of increase in members of EU and will have its impact upon Eurozone.
  • If Scotland becomes an independent country then it will create a huge impact on the national debt of the United Kingdom.
  • If Scotland becomes an independent country, then there is chance you may have to get a visa to go to Scotland and you may have to dial international dialing tone to ring Scotland.
  • If Scotland becomes independent country, then it can end the Great Britain.
4 0
3 years ago
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