Describe the type of checking account you have or plan to have. List the advantages and disadvantages of your choice
What will be an ideal response?
Answer: Advantages can include a debit card, mobile applications, no fees, convenience, good service, and free checks among others. Disadvantages may include fees, no interest, no ATM or debit card, minimum locations, and other possibilities.
Business
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In the latest year, Photon, Inc. reported $276,000 in net income. The firm maintains a debt ratio of 30% and has total assets of $3,000,000. What is Photon's return on equity?
A) 13.1% B) 14.6% C) 22.5% D) 18.7%
Business
If the debtor is generally not paying debts as they become due, the debtor may be subject to an involuntary bankruptcy petition
Indicate whether the statement is true or false
Business