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SpyIntel [72]
2 years ago
10

Laura is an 18-year-old student. She is going to open a checking account with an initial deposit of $100. She plans to then have

a $300 average daily balance each month. The cost of checking accounts at several financial institutions is shown in the table below. Based on the information in the table, which financial institution would be the better choice for Laura when opening a checking account?

Business
2 answers:
joja [24]2 years ago
6 0

Answer:

the answer would be bankright because if u add 300 x 12 that would be 3,600 dollars and since shes 18 and that discount that would be five dollars and the monthly fee is 5 dollars. that would be 60s all together and she would have closest to to the her wanted amount so yeah.

Explanation:

brainliest pls

maw [93]2 years ago
5 0
The reason I didn’t look at it is that it was also the same as I had to get the wrong account because it didn’t have a similar problem so it didn’t have a problem I had it in my phone I had a lot to say about the problem and it didn’t have a lot to say I was just like a problem
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<u>Answer:</u>

Liquidity ratios measure (C) the extent of a firm's financing with debt relative to entity.

<u>Explanation:</u>

Liquidity ratio is used in determining a company's ability to pay off all the current debts without taking or raising any external capital. It measures the company's ability whether the company is able to pay their debts or not through the calculation of "CURRENT RATIO" (It tells the investors how they can maximize the assets to satisfy their current debts), "QUICK RATIO" (It shows the company's ability to use it cash/assets and pay off its current debts. It is also known as acid test ratio) and "OPERATING CASH FLOW RATIO" (this helps in measuring how much the current debts can be paid off by the cash flow which is generated by the company's operation).

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2 years ago
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Explanation:

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3 years ago
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5 0
3 years ago
Glavine Company issues 6,000 shares of its $5 par value common stock having a fair value of $25 per share and 9,000 shares of it
almond37 [142]

Answer:

                                                                                        $

Market value of common stocks   (6,000 x $25)  = 150,000

Market value of preferred stocks (9,000 x   $20) = 180,000

Market value of the company                                    330,000

Proceeds allocated to common stocks

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The correct answer is B

Explanation:

The market value of the company is the aggregate of market value of common stocks and market value of preferred stocks.The market value of each stock is equal to number of each stock outstanding multiplied by market price per share. Thus, the proceeds allocated to common stock equals the market value of equity divided by market value of the company multiplied by the lump sum.

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3 years ago
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