Answer:
Currently, the majority of large banks offer deposit accounts, lending, and limited financial advice to both demographics. Products offered at retail and commercial banks include checking and savings accounts, certificates of deposit (CDs), personal and mortgage loans, credit cards, and business banking accounts.
Banks earn money in three ways: They make money from what they call the spread, or the difference between the interest rate they pay for deposits and the interest rate they receive on the loans they make. They earn interest on the securities they hold.
Functions of Commercial Banks: - Primary functions include accepting deposits, granting loans, advances, cash, credit, overdraft and discounting of bills. - Secondary functions include issuing letter of credit, undertaking safe custody of valuables, providing consumer finance, educational loans, etc.
Explanation:
As the middle and lower classes reduced income what were their two responses?
As the middle and lower classes reduced income their response to their demand will be reduced. Household spending will be affected.
What is middle class income.Middle class income earners are the people with income or salary that is more than their spending. Their earning is doubling the average spending of their household.
Therefore, a decline in middle and lower classes reduced income will reduce the household spending.
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Completely controlling a business and keeping all the profits are advantages of a _____; raising capital by selling shares and limited liability are advantages of a _____.
Completely controlling a business and keeping all the profits are advantages of a Sole Proprietorship; raising capital by selling shares and limited liability are advantages of a corporation.
What differentiates a Sole Proprietorship from a Corporation?A sole proprietorship can be differentiated from a corporation based on a separate existence.
While a corporation has a separate legal existence, a sole proprietorship is not a legal entity different from the owner.
Thus, completely controlling a business and keeping all the profits are advantages of a Sole Proprietorship; raising capital by selling shares and limited liability are advantages of a corporation.
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How to invest in stocks for beginners with little money.
Select all the correct answers. which three factors make starting a business a highly risky investment? high coupon rate uncertain business conditions large amount of capital low interest rates low liquidity
The three risk factors for starting a business are uncertain business conditions, low interest rates and low liquidity.
How to start a new business?It is essential that the entrepreneur has a broader vision and determination to overcome the initial difficulties, since every business has inherent risks that can represent barriers to the success of the business.
Therefore, it is essential that there is an alignment of objectives to the structure of the business, in addition to dedication and a strategy focused on the market.
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In order to buy most homes, you have to arrange an up front payment of a portion of the house value, called a ________. a. Mortgage b. Closing fee c. Down payment d. Utility cost Please select the best answer from the choices provided A
Answer:
C. Down payment
Explanation:
The down payment of a house is simply part of the price of the house that you pay up front. A down payment reduces the risk to the lender because it ensures that the ones buying the house can afford the mortgage.
I hope this helps! If you have any questions about what I said please leave them down in the comments!
Suppose the price of a TV is $600 and there are two consumers in the TV market. Joe is willing to pay $700, and Isaac is willing to pay $550. How much consumer surplus exists in this market
If Joe is willing to pay $700, and Isaac is willing to pay $550. The consumer surplus that exists in this market is: $100.
Consumer surplusUsing this formula
Consumer surplus=Amount Joe is willing to pay-Price of TV
Let plug in the formula
Consumer surplus=$700-$600
Consumer surplus=$100
Therefore the consumer surplus that exists in this market is: $100.
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Carlos wrote a check for $44.92 to pay his gas bill. he’ll use the check register to record his transaction. what will be his new balance?
His new balance after the check is deducted will be $370.09
How to determine his new balance?From the complete question, we have the following parameters:
Initial Balance = $415.01 Check amount = $44.92The new balance is then calculated using:
New balance = Initial Balance - Check
So, we have:
New balance = 415.01 - 44.92
Evaluate
New balance = 370.09
Hence, his new balance will be $370.09
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Carlo's new balance will be $44.92 less than what he initially had in his account before the gas purchase.
What is a checkbook?Simply put, a checkbook is a document issued by a bank to a customer which can be used to process money out of an account.
Currently, only a current account is allowed to use a checkbook.
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what are the qualifications for something to be used as money
Answer:
The requirements needed for something to be used as money.
1.That thing which must be useful in any purpose.
2.You have to find that person who must needed of that thing. Then he will buy from you. (Whether it's your own talent)
5-Define "Controlled
risk" and provide an
example
Control risk refers to the possibility of financial statements being significantly misstated as a result of a company's internal controls failing.
Example(s):
Lack of a good internal control environment, poorly designed business processes, IT security risk, integrity and ethic risk, human mistakes, and fraud risk are all frequent internal control hazards in business.
Marcos has multiple duties at work. Sometimes, he has so many projects and deadlines that he
gets overwhelmed. Which action is the best first step toward getting organized?
A) Creating an action plan showing how he will complete each task
B) Making a list of all tasks and the date each is due
C) Completing the easiest tasks first and then focusing on the harder tasks
D) Asking his supervisor to help him prioritize the tasks on his to-do list
The action that is best for first step toward getting organized Making a list of all tasks and the date each is due.
Why should he make a list?A list contains all the work Marcos is to do in order of date due for submission which will help him to know which work is to be done first.
He can also have a timetable to help him plan each day and the time to allocate for a particular project.
Therefore, Making a list of all tasks and the date each is due.
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Inflation makes it harder to buy things because _______. a. it increases your tax burden to the government b. it causes your money to have less value c. it decreases the cost of goods and services d. it leads to a excess of goods and services please select the best answer from the choices provided a b c d
Inflation makes it harder to buy things because it depreciates the value of your money.
What is Inflation?Inflation is an economic term used to describe a general increase in the prices of item and therefore a decrease in the purchasing value of money.
Inflation occurs when prices of goods and services increase due to some economic factors.
It is a continuing rise in prices as measured by an index such as the consumer price index (CPI).
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Which one is the best choice. Please explain why. I’ll give extra points.
Answer:
10
Explanation:
Surplus for Donovan: 10 - 4.50 = 5.50
Surplus for Rudy: 8 - 4.50 = 3.50
Surplus for Mike: 6 - 4.50 = 1.50
Surplus for Royce: 4 - 4.50 = -0.50
Sum of all surpluses: 5.50+3.50+1.50-0.50=10
Shareholders of XYZ Inc. have received a letter advising them of an opportunity to sell their shares back to XYZ at a specified price on a specific date. XYZ Inc. is conducting a
The fact that XYZ Inc. is alerting its shareholders to an opportunity for them to sell their shares to the company means that this is a Tender Offer.
What is a Tender offer?This is an instrument by which a company uses to inform its shareholders that it plans on engaging in a share buyback.
The instrument would include the price the company wants to buy the shares, and when they want to. This is what XYZ is doing.
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A veterinary practice has added a pet boarding and grooming facility. Most of the practice's competitors also provide these services. The veterinary practice is gaining competitive:
The veterinary practice is gaining competitive because of its parity with comparison to competitors.
What is a competitive advantage?Factors that enable a corporation to produce goods or services quicker or more cheaply than its competitors are referred to as competitive advantage. These enable the producing unit to earn higher sales or higher margins than its competitors.
There are various strategies used by competitors to gain competitive advantage which include cost leadership strategy, differentiation strategy as well as focus strategy.
In cost leadership, the strategy of low cost will be the focus, whereas in differentiation strategy segmentation of market-based on customers preferences will be done.
A veterinary practice uses parity as a competitive advantage where the goal is not to enhance business performance but to maintain the same market share. Competitive parity is a budgeting strategy used to protect a brand's image and market position.
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When deciding where and how many ads to run in the digital age, what do advertisers have to consider most?
oa. customer fatigue with commercials
ob.
dilution of the brand across commercials
oc.
poor economy of scale in advertising
o d.
lack of interest in products
While deciding about where and how many ads needed to be run through digital advertising, the advertisers must consider the customer fatigue associated with their commercials.
Option A is the correct answer.
Who is a customer?A customer is an individual who acquires a product from the market through an ad telecasted on electronic devices.
Customer fatigue arises when the customers are losing interest in the advertisements of the company as the ads repetitively come on every digital device. it is important for the advertisers to decide on which medium they are required to advertise their ads and how many ads needed to be advertised so that the interest of the public cannot lose over it.
Therefore, customer fatigue needs to be considered when making a decision about where and how many ads need to advertise.
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The simplest definition of productivity is outputs divided by inputs.
Productivity can be described as the outputs divided by inputs.
What is Productivity?Productivity can be regarded as the efficiency of production.
Therefore, productivity as alot to do with
goods or services because it helps to measure it with respect to the specific duration of time.
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A creation resulting from study and experimentation is:
a. pattern.
b. replication.
c. precedent.
d. innovation.
Innovation refers to the creation of certain goods or services resulting from study and experimentation. Therefore, Option D is the correct statement.
What is innovation according to you?Innovation is the realistic implementation of thoughts that bring about the creation of new items or offerings or development in supplying items or offerings.
The movement of setting matters into realistic reality regardless of demanding situations and resistance, instead of simply contemplating is called as Innivation.
Therefore, Innovation refers to the creation of certain goods or services resulting from study and experimentation. Option D is the correct statement.
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A cost or a benefit accruing to an individual or group that is external to a market transaction is known as a(n) ______. Multiple choice question.
When people experience a cost or benefit from a transaction that is external to that transaction, this is an Externality.
What is an externality?This refers to benefits or costs that people who are not a party to a transaction get due to that transaction.
This benefit or cost is therefore external to that transaction and is therefore referred to as a market failure.
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What are some typical expenses for a person just starting out in a rental apartment?.
Answer:
down payment, groceries, and repair bills.
Explanation:
trust
What should you do before and after each study session? play your favorite game on your phone so you are relaxed. reach out to your friend to ask questions. review your notes to help you remember the important topics. take a long nap so you are well rested.
Answer:
Review your notes to help you remember the important topics
Explanation:
Reviewing your notes before and after a study session can help you apply the information to your long-term memory.
Ali Co. uses a sales journal, purchases journal, cash receipts journal, cash payments journal, and general journal. Journalize the following transactions that should be recorded in the cash receipts journal. Nov. 3 The company purchased $2,000 of merchandise on credit from Hart Co., terms n/20. 7 The company sold merchandise costing $528 to J. Than for $580 on credit, subject to a $12 sales discount if paid by the end of the month. 9 The company borrowed $2,525 cash by signing a note payable to the bank. 13 J. Ali, the owner, contributed $3,825 cash to the company. 18 The company sold merchandise costing $84 to B. Cox for $150 cash. 22 The company paid Hart Co. $2,000 cash for the merchandise purchased on November 3. 27 The company received $568 cash from J. Than in payment of the November 7 purchase. 30 The company paid salaries of $1,000 in cash.CASH RECEIPTS JOURNAL Sales Accounts Cost of Goods Cash Dr. Other Discount De Receivable. Sales Cr. Accounts CF Sold Dr. Inventory Cr. Date Account Credited Discount Dr. Cr.
A general journal is a daybook in which transactions relating to adjustment entries, opening stock, depreciation, accounting errors etc. are recorded.
How to illustrate the journal?9-Nov Notes Payable $ 3,750 $3,750
13-Nov Ali, Capital $5,000 $5,000
18-Nov Sales $330 $330 $250
27-Nov J. Than $980 $20 $1,000
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Stockton entered the market in China and found that it needed to balance global integration with local adaptation. It set up a Lifestyle Research Center in China to interpret data on customer wants and needs. This is an example of a company using
"Stockton entered the market in China and found that it needed to balance..." This is an example of a company using a multi-domestic strategy. This is further explained below.
What is the multi-domestic strategy?Generally, multi-domestic strategy in the market is simply defined as businesses, a multi-domestic approach means tailoring their product and marketing strategies for each country in order to maximize local response.
In conclusion, Just like any other business strategy, a company's multinational strategy must be implemented.
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Please select the word from the list that best fits the definition under this program, parents may receive a voucher equal to the amount their state spends on education for their child.
The program that allowed for parents to receive a voucher for the amount their state spent on education for their child referred to School choice.
How did the government encourage home schooling?Under the concept of school choice, the state government would give a voucher to parents who elected to use homeschooling.
This voucher would be of the same amount that the government would have spent on educating the child if they had gone to public school.
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ii) What incentives would you suggest to each of the institutions to attract competent employees?
Explanation:
[tex]\huge{\color{black}{\fbox{\color{pink}{\colorbox{pink}{\color{red}{Answer ✨☑️}}}}}}[/tex]
Offer Extra Vacation Time for Hitting Goals. Lack of vacation time is the number one factor that leads to employee burnout. ...
Offer Extra Vacation Time for Hitting Goals. Lack of vacation time is the number one factor that leads to employee burnout. ... Set Up Department-Wide Competitions. ...
Offer Extra Vacation Time for Hitting Goals. Lack of vacation time is the number one factor that leads to employee burnout. ... Set Up Department-Wide Competitions. ... Put Together a Team Outing for Top Performers. ...
Offer Extra Vacation Time for Hitting Goals. Lack of vacation time is the number one factor that leads to employee burnout. ... Set Up Department-Wide Competitions. ... Put Together a Team Outing for Top Performers. ... Provide Custom Rewards.
Explanation:
10 must-have employee incentive programs
Recognition and rewards. ...
Referral programs. ...
Professional development. ...
Profit sharing. ...
Health and wellness. ...
Tuition reimbursement. ...
Bonuses and raises. ...
Fun gifts.
Downward pressure on wages
Answer:
Answer below
Explanation:
When there is "pressure" on wages it is referring to the fact that there are more workers than there are available jobs this causes a pressure for the employers as they decide which workers get those jobs and receive those wages and who doesnt.
(hope this answers your question :) )
Consider the following information. Suppose FC=$11,400. Further suppose that when q=9 then AVC=$1,500 and when q=10 then ATC=$2,500. If the firm decides to make 10 units (q=10), what is the MR at q=10?
Group of answer choices:
$100
$500
$700
Not enough information
Marginal Revenue can be calculated only when the price per unit is given, but here no such information is given and calculation cannot be made.
What is marginal revenue?The additional revenue earned by a firm when it determines to produce and sell one additional unit of the same product is known as the Marginal Revenue of the same.
Marginal Revenue cannot be calculated in the absence of price information of unit or the entire cost.
Thus, option D holds true regarding Marginal Revenue.
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Which of the following statements is true?
A. The World Trade Organization tries to determine who to blame in
trade disputes.
B. The World Trade Organization is only concerned with trade among
industrialized countries.
C. The World Trade Organization tries to improve trading prospects
for developing countries.
D. The World Trade Organization eventually resolves all trade
disputes successfully
SUBMIT
Answer:
C. The World Trade Organization tries to improve trading prospects
The World Trade Organization tries to improve trading prospects out of the following statements is true. The correct option is C. When countries agree to open their markets for products or services in the WTO, their commitments are "bound."
What value does the WTO bring to developing countries?The WTO accords contain various provisions that grant developing and least-developed countries unique rights or extra leniency – "special and differential treatment." Among these are provisions that allow developed countries to treat developing countries more favorably than other WTO members.
The World Trade Organization runs the global trade rules system and assists developing countries in increasing their trade capability. It also provides a venue for its members to negotiate trade agreements and resolve trade disputes with one another.
Thus, the ideal selection is option C.
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Does participant possess appropriate labor market information?.
A participant is supposed to be in possession of the labor market information.
What is labor market information?Labor market information, or simply LMI, is referred to as such an information where an individual can utilize the sources to make efficient and informed decisions in different aspects.
Hence, the participant has access to the labor market information.
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A change in price of a good or service typically causes ___________________________ for that specific good or service.
A change in the price of a good or service typically causes a change in quantity supplied or a movement along the supply curve for that specific good or service.
What is the price?Price refers to the value that is put on a product or service after doing a complex set of calculations, research, and understanding.
Only a change in the price of the product itself is not among the factors that cause a shift in the supply curve. A change in the price of a good or service causes a change in the quality supplied or a movement along the supply curve for particular goods or services.
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What is economic interdependence.
An economic interdependence refers to the mutual dependence of the participants in the economic system.
What do you mean by economics?An economic refers to the study of scarcity and its implications for the use of resources. It is concerned with the production, distribution, and consumption of goods and services.
An economic interdependence refers to the mutual dependence of the participants in an economic system for obtaining those products they can not produce efficiently.
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