In which situation would a certificate of deposit (cd) be the best banking choice? samuel is setting money aside but still needs emergency access to it. hafsa wants a guaranteed return, and won’t need the money for several years. darren is looking for an investment that has a very high interest rate. raj is looking for an investment with a fast return so he can reinvest.

b. Hafsa wants a guaranteed return, and won’t need the money for several years.  

A certificate of deposit is a savings instrument with a fixed maturity and a fixed interest rate.

However, it requires funds to be locked up until maturity.  

There is a very heavy penalty upon withdrawal before the maturity date.

It is a suitable investment for those having extra cash that they won’t need for some time and those looking for a guaranteed return.

The answer is B. I just took the test

both are integral parts of a corporate balance sheet. the cash flow statement, or statement of cash flows, measures the sources of a company's cash and its uses of cash over a specific time period. the income statement measures a company's financial performance, such as revenues, expenses, profits or losses over a specific time period (in fact, it's sometimes called a statement of financial performance).

a cash flow statement shows exactly how much money a company has received and how much it has spent, traditionally over a period of one month. it captures the current operating results and changes on the balance sheet, such as increases or decreases in accounts receivable or accounts payable, and does not include noncash accounting items such as depreciation and amortization. the cash flow generally comes from revenue received as a result of business activity, but it may be augmented by funds available as a result of credit. a cash flow statement is used to determine the short-term viability and liquidity of a company, specifically how well it is positioned to pay its bills and vendors.

answercompetitive advantage;