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Olin [163]
2 years ago
5

To ensure that a borrower is not using short-term bank credit to finance a part of its permanent needs for funds, banks often re

quire borrowers to clean up their short-term loans for a 30-45 day period during the year.
a. True
b. False
Business
1 answer:
Salsk061 [2.6K]2 years ago
8 0
True I’m maybe wrong but ye I think it’s true
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Once a company has prepared an adjusted trial balance it is ready to prepare financial statements. Which financial statement is
Sloan [31]

Answer:

A

Explanation:

There is a sequence of preparing statements of financial statements because some statements use information from other statements of financial position. The income statement does not require information from any other statements. The retained earnings need information from income statement to calculate current retained earnings. The balance sheets require information from statement of retained earnings(retained earnings for this period).

8 0
3 years ago
Whats better, be an hour early to work, or 15 minutes late?
statuscvo [17]
An hour early to work. if you are 15 minutes late your fired. i go by if you early your on time. if your on time your late. if you late your fired.

3 0
2 years ago
A bank can offer which of the following
konstantin123 [22]

Answer:

Checking Account, Savings Account, Safety Deposit Box

Explanation:

Banks are financial institutions that provide a wide variety of financial services to their customers. They accept customer deposits and issue loans. Commercial banks act as intermediaries between the supply side and demand side of credit.

Commercial banks are also known as deposit-taking institutions. Deposits facilities offered by banks include

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8 0
3 years ago
In the​ swim-lane format of a business process​ model, all​ _______ for a role are included in that​ role's swim-lane.
boyakko [2]
<span>In the​ swim-lane format of a business process​ model, all​ activities for a role are included in that​ role's swim-lane.

The swim lane is used to show flow diagrams or charts that list out the responsibilities of a business and its employees. These lanes can be arranged horizontally or vertically. Think of them as lap swim lanes in a pool, that helps keep the business roles in line. </span>
8 0
3 years ago
The annual percentage yield (apy) is the
tia_tia [17]
Annual interest rate that factors in compounding effects.

Formula: APY = ( 1 + APR/n )^n - 1
4 0
3 years ago
Read 2 more answers
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