The largest operating expense for a bank is
A) salaries and employee benefits.
B) interest paid on discount loans.
C) interest paid on federal funds borrowed from other banks.
D) interest paid on deposits.
D
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Usury laws prohibit the performance of certain work and the transaction of certain business on Sunday.
Answer the following statement true (T) or false (F)
If project A generates $10 million of free cash flow over its five year useful life and project B
generates $8 million of free cash flow over its five year useful life, then Project A will have a shorter payback period than Project B, assuming both projects require the same initial investment. Indicate whether the statement is true or false
Which of the following is true regarding a small-claims court?
A. Most of these courts are designed so that ordinary citizens can bring their cases in. B. These courts are the only recourse for small business owners for litigation. C. These courts will only accept cases where the stakes are as large as $50,000 or above. D. This legal option is only available to entrepreneurs who can afford an attorney.
________ is a leadership quality that can help influence employees to take early and sustained action.
A. Vision B. Charisma C. Groupthink D. Altruism