Career Day! 12/17

Front

Where did Ms. Armendarez complete their Bachelor's degree?

Back

Texas A&M International University

Front

What is the net income for Paul's Guitar Shop, Inc. for the year ended December 31, 2015?

Back

$12,950

Front

What is one of the roles mentioned that helps protect the bank?

Back

Make loans that are likely to be repaid

Front

What was the concentration of the Bachelor's degree in Business Administration?

Back

Finance

Front

Which type of checking account typically offers the ability to earn interest on the balance?

Back

Interest-bearing checking

Front

Define 'Net Income'.

Back

Net Income is the total revenue minus total expenses, taxes, and costs, representing the profit of a company.

Front

What is the purpose of a checking account?

Back

A checking account is used for daily transactions, allowing deposits and withdrawals, and often provides a debit card.

Front

Explain the term 'Interest-bearing checking account'.

Back

An interest-bearing checking account is a type of account that pays interest on the balance, typically requiring a higher minimum balance.

Front

What is the significance of a Bachelor's degree in Finance?

Back

A Bachelor's degree in Finance prepares students for careers in financial analysis, investment banking, and financial planning.

Front

What does it mean to 'make loans that are likely to be repaid'?

Back

It refers to the practice of assessing borrowers' creditworthiness to minimize the risk of default.