The process of Automated Clearing House make it take up to 4-6 business days to process payment request.
The payment request is a process initiated by the creditor and it is majorly based on website platform such as P.aypal, P.ayoneer etc.
Usually, when a payment request is initiated, a process called Automated Clearing House (ACH) is used by the financial institution to help transfer money to respective account of potential receivers.
However, the Automated Clearing House process can take up to 3,4, or 5 business days before the account will be credited even after the sender account have been debited.
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Answer: Option (D)
Explanation:
Vertical equity is referred to as or known as the notion that the taxpayers that have the greater ability to pay the taxes should pay the larger amounts.
Whereas on the other hand the horizontal equity refers to the idea under which the taxpayers that have the similar abilities in accordance with paying taxes should pay same.
Regressive tax is known as or described as the tax under which the high-income earner pay the smaller fraction of income as tax than the other low income earners.
A customer has a long margin account with no SMA. if the market value of the securities rises, sma will increase by 50% of the increase in market value.
SMA balances are increased in value by cash deposits in brokerage accounts. The SMA also retains interest and dividend payments from long positions and earnings from closing security positions. Clients can use SMA funds to purchase additional securities for their margin accounts.
The SMA of long-margin accounts decreases when the market value decreases. The long account's SMA volume only decreases as it is used and is not affected by market value declines.
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Answer:
The statement is absolutely wrong.
Explanation:
The reason is that the just like humans, a company is also part of the society and so it owes a duty of care towards them. The least that an organisation can do is to compensate the stakeholders that are harmed by their operations.
In the nutshell, the animals and plants are also part of our society and they have an equal right to live on this planet as we have. The least the company can do is not harm them or if it harms them due to its negligence then it should compensate them.
Answer:
The entrepreneur should start the new business.
Explanation:
The reason is that the total cost of the competitor is at $8 which includes $7 variable cost per unit and $1 fixed cost. Whereas on the other hand, the total cost $6 of the new business is composed $5 and $1 assumed fixed cost because the only cost we are provided is variable cost. This shows that the company has a competitve advantage of $1 in controlling the cost of the product. So the company must start the new business as the new business has better chances to attract customers and form relations with new customers depending upon the price differences which the competitor is unable to do so.