Answer:
Correct option is C $6700
Explanation:
It is calculated that the net cash balance is $3,300. But, the minimum cash balance should be $10,000. The difference amount should be borrowed. Thus, $3,300 is deducted from $10,000. The amount to be borrowed by the company is $6,700.
Answer:
2. More people needed to have discretionary income.
Explanation:
Discretionary income is a form of income that an individual has or remains with after paying for the necessary expenses such as tax, utility bills, rents, foodstuffs, etc.
Hence, "More people needed to have discretionary income" in a society before sports and entertainment marketing made sense as a business.
The reason is simple; it is after people had satisfied the necessary expenses that's when they can pay for entertainment under normal circumstance
Answer:
Federal funds rate
Explanation:
Federal funds rate can be described as a target interest rate which is set by the Federal Open Market Committee (FOMC) and it is the interest rate at which excess reserves of commercial banks are lent to and borrowed from each other overnight.
The law requires that commercial banks must maintain certain percentage of their deposits in their account with Federal Reserve bank as a reserve. When there is an excess of money above the required level in the reserve of some banks, the excess can be lent by those banks to other banks that have shortfalls. The interest rate that is paid by the borrowing banks is the federal fund rate.
That's a 'cartel'. It's illegal in the US. It's also, mean, nasty, and not fair.
Yes, Rubio will be able to successfully sue and collect the $1,000 later because their agreement was not fulfilled.
<h3>What is an agreement in contract?</h3>
In contract, an agreement is an element of what makes a contract valid. When an agreement is breached, then, the aggrieved party have a right to void the contract.
In conclusion, the answer is yes because Rubio will be able to successfully sue and collect the $1,000 later because their agreement was not fulfilled.
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