Answer:
e. selling agent.
Explanation:
A selling agent is a person that acts on behalf of businesses to find buyers or sell property or goods.
Therefore, a wholesaler who takes over the whole marketing job nationally for one or a few manufacturers is called a selling agent.
Answer:
Rate of return is 13.2%
Explanation:
Rate of Return is the actual return that an investor receives from an investment in asset during a specific period of time. If the investment is made in the stocks, It includes the dividend received and the price change of the stock.
Total return Received = Dividend + Price change = $1.87 + ($37.75 - 35 ) = $4.62
Rate of Return = Total return During the period / Initial Price of the stock
Rate of Return = $4.62 / $35 = 0.132 = 13.2%
Answer:
A.
0.833
Explanation:
m = 3
Arrival rate, ra = 45 per hour
Service rate, re = 18 per hour per lane
Utilization factor = ra/(m.re)
= 45/(3*18)
= 0.833
Therefore, The utilization factor of the system is 0.833
Answer:
Hillsboro Bank
Explanation:
Jason has 4 banks to choose from:
Hillsboro First National Trust South Sun Coast
15 checks $3 $8 $0 $7.50
8 ATM's $4 $12 $12 $12
<u>no minimum $6 $7 $11 $2.50 </u>
total $13 $27 $23 $22
Jason should choose Hillsboro bank because his total monthly fees will be lower.
Answer:
c. $360 increase in excess reserves and a $40 increase in required reserves
Explanation:
Required reserves is the amount of reserves that is required by the Central bank that banks should keep.
Required reserve = reserve ratio × deposit
= 0.1 × $400 = $40
Excess reserve is the amount of reserves kept in excess of the required reserves.
Excess reserve = Deposit - Required reserve = $400 - $40 = $360
I hope my answer helps you