Amazon's CFO is considering the fees charged by two banks in trying to determine which is best for her firm. First American (FA) charges a flat $0.11 per payment and First Western (FW) requires a minimum compensating balance of $500,000 plus $0.05 per payment. If Amazon's cost of funds is 8.50% and the expected number of payments per year is 900,000, which bank should be chosen and why?
A) FW; savings = $54,000
B) FA; savings = $23,000
C) FW; savings = $11,500
D) FW; savings = $18,500
C
You might also like to view...
What is often referred to as the preapproach?
A. Evaluation B. Planning C. Analysis D. Designing E. Targeting
According to the meta-analysis on the Big Five personality traits, how does Extraversion-Introversion relate to leadership emergence and effectiveness? Compare these results to the results for the studies on the Myers-Briggs Type Indicator® (MBTI) for Introverts and Extraverts. Do you think occupational differences might influence whether Introverts or Extroverts make better leaders? If so, what occupations might be appropriate for each type?
What will be an ideal response?
Leaders engage in ________ when they take steps to make sure that work gets done and employees perform their jobs sufficiently.
A. employee-centered behavior B. initiating structure C. consideration behaviors D. emotional intelligence E. supportive behaviors
How will the following CSS rule alter the Webpage if it is applied in a style sheet? H1 { font-family: Arial, sans - serif }
a) All text enclosed by H1 tags will have the Arial font, while text enclosed by other tags will use sans -serif. b) All text enclosed by H1 tags will have the sans-serif font, while text enclosed by other tags will use Arial. c) All text enclosed by H1 tags will have the Arial font if sans-serif is not supported by the system. d) All text enclosed by H1 tags will have the sans-serif font if Arial is not supported by the system.