The kind of call received by the employee reflects the phishing activity.
<h3>What is a Bank?</h3>
A bank is referred to as a financial institution that allows an individual to deposit and withdraw cash and allow them to borrow funds with a fixed interest rate for the purpose of investment.
Phishing activity is referred to as scams that are done online by asking for personal financial information from customers in the name of banks.
In this case, also an employee receives a phone call from someone saying that talking from the bank was asking for passwords and account numbers on the name for online security information reflects the element of Phishing.
Learn more about Phishing, here:
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Zoning laws can be beneficial to a city’s residents THEY CAN PREVENT NEW DEVELOPMENT THAT WOULD HARM ESTABLISHED RESIDENTS. Zoning laws states how a property in a certain zone will be used. Zoning laws may also specify the sizes of the lots, placement, bulk, and height of the structures.
Answer:
17%
Explanation:
If a company issued a short-term note payable to a bank with a stated 12 percent rate of interest and in addition the bank charged a .5% loan origination fee and remitted the balance to the company. The effective interest rate paid by the company in this transaction would be 17%
The effective annual interest rate is <u>the interest rate that is actually earned or paid on an investment, loan</u> or other financial product.
Hence, since the company is both paying the initial 5% and the later 12%, effectively the company is paying 17% on the note payable.
Answer:
A <u>increase</u> in the money supply will cause interest rates to decrease, which, in turn, causes spending to <u>increase.</u>
Answer:
Explanation:
The income statement shows the profit or loss of a company during a particular year. The income statement shows that how much revenue is generated and how much expenses is incurred in a year.
If the revenue is greater than expenses, than the company is earning profits otherwise it suffers a loss.
= Service revenue - Salary expense - insurance expenses - utility expense - rent expense
= 32,000 - 12,300 - 2,500 - 3,900 - 6,000
= $7,300
The Cornhusker Company has earns a net profit of $7,300 on December 31, 2018.
The table attachment is given below:
