Answer:
make sure customers keep sufficient funds in their account
Explanation:
Minimum balance is the amount that an account holder has to be kept in the account. The minimum amount is to be maintained so as to enjoy the benefits of the account like receiving interests. The minimum balance defers from one bank to another. Maintaining the minimum helps in accessing loans and other facilities.
Answer:
72,91
Explanation:
the key to answer this question is to see that we can calculate the present value as a series of future payments valuated today, so there are two stages, the first one i going until 10 years and from ther is to infinity, so the present value can be solved as:
where 
is the present value of the annuity, 
is the interest rate for every period payment, n is the number of payments, and P is the regular amount paid. so applying to this particular problem.
keep in mind that 
is the formula for calculating a perpeuity, it means the present value of a infinite future payments but look carefully at the expresion 
it means we are calculating a perpeuity which is located in the future and we compute it as money of today, so we have:
Answer:
The Journal entry will Increase cash and as well Increase Common stock
Explanation:
Based on the information given where we have Cash of the amount of $22,000 and Common Stock of the amount $22,000 on May 23 this means that the journal entry will Increase cash and as well Increase Common stock. And since cash is an asset this mean that it will increased by debit While Common stock will increased by Credit becauee Common stock is a Capital .
Answer:
The correct answer is letter "C": Landscaping around the doctor's office.
Explanation:
Cost recovery is an accounting method by which the expenses incurred in an organization -for its own benefits- is tried to be recovered. Depreciation is taken into consideration in the process but the least possible so that the return is maximized.
In that sense, only the <em>landscaping of a doctor's office </em>can be considered as a beneficial asset for the business.
