1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
puteri [66]
2 years ago
8

The following describes which type of bank? "Serves everyday people like you and me!"

Business
1 answer:
igomit [66]2 years ago
6 0
Retail bank is the answer
You might be interested in
Joe Hall owns a limousine for use in his personal service business of transporting passengers to airports. The limousine’s adjus
tino4ka555 [31]

Answer:

B. $280,000

Explanation:

The capital assets are those assets which are used for the personal purpose, not for the business purpose. The examples of capital assets include personal property, stocks, bonds, clothing, dwelling, etc.

It excludes that property which is used for trade or business purpose like - limousine.

In the given situation, the capital asset would be $280,000 as it owns for personal residence and furnishings.

6 0
3 years ago
Tune Store reports inventory using the lower of cost and net realizable value (NRV). Information related to its year-end invento
Genrish500 [490]

Answer:

inventory impairment/cost of good sold (p/l)   $500

Explanation:

IAS 2 requires that inventory be initially recognized at cost including cost of purchase and other necessary cost incurred in getting the inventory to the location where it becomes available for sale.

Subsequently, the item of inventory is carried at the lower of cost or net realizable value (NRV).

              Quantity    Unit Cost     Unit NRV      Lower of cost/NRV  Amount

Model A    100               $100              $ 120       $100                       $10,000

Model B      50                $50               $ 40        $40                         $2,000

Model C      20                $200             $210        $200                      $4,000

Adjustment required = 50 ($50 - $40)

=$500

This posted as

Debit inventory impairment/cost of good sold (p/l)   $500

Credit Inventory account                                              $500

5 0
3 years ago
Lucy Sportswear manufactures a specialty line of T-shirts using a job-order cost system. During March, the following costs were
alukav5142 [94]

Answer:

Unit cost= $5,5unit

Explanation:

Total manufacturing cost is the aggregate amount of cost incurred by a business to produce goods in a reporting period.

Generally accepted accounting principles require that the cost of goods sold shall consist of:

the cost of direct materials

the cost of direct labor

the cost of manufacturing overhead

Expenses that are outside of the manufacturing facilities, such as selling, general and administrative expenses, are not product costs. They are reported as expenses on the income statement in the accounting period in which they occur.

<u>In this exercise:</u>

Cost of goods manufactured:

Direct materials= $13700

Direct Labor=$4800

Factory overhead= 800hours*$25=$20000

Total= $38500

Unit cost= 38500/7000=$5,5unit

8 0
3 years ago
The goal of _____ is to make it convenient for consumers to find and purchase products at many locations and in many ways.
stepan [7]
The answer is C. intensive distribution. 
The goal of Intensive distribution is to make it convenient for consumer to find and purchase products at many locations and in many ways. This kind of distribution distributes their products on a many locations.
8 0
3 years ago
g explain which types of organizations (if any) will traditional HRM fit most and which types of organizations (if any) will str
valentinak56 [21]

Answer:

HR Function refers to areas such as recruitment, selection, recruitment and retention, performance evaluation, promotional preparing, and reimbursement managerial staff.

Explanation:

  • Throughout traditional HRM every one of these operations has been associated with capacity building and therefore are constrained even within the HR manager. Those other operations are not focused on an organization’s strategy.
  • Traditional HRM is therefore not focused on effective organizational culture, while strategy Implementation focuses on its philosophy.
4 0
2 years ago
Other questions:
  • Suppose that the price of a bottle of vitamins is $1.73 and that at that price the total quantity demanded by consumers is 75,00
    6·1 answer
  • What is the economic definition of​ utility? Utility is
    12·1 answer
  • A woman bought acreage but never saw it and did not use it; although, she regularly paid the real estate taxes on it. Without he
    14·1 answer
  • 4.37.-On January 1st, Frank bought a used car for $72,000 and agreed to pay it as follows: ¼ down payment; the balance to be pai
    10·1 answer
  • Find the future values of these ordinary annuities. Compounding occurs once a year. Do not round intermediate calculations. Roun
    10·1 answer
  • What is affiliate marketing?
    8·2 answers
  • What is Interpersonal skill in business<br> management ?
    7·1 answer
  • Ann lives in Princeton, New Jersey, and commutes by train each day to her job in New York City (20 round trips per month). When
    13·1 answer
  • In macroeconomics, the connection from inputs to outputs for the entire economy is called _______________.
    5·1 answer
  • Lord SR, Ward JA, Williams P, Anstey K. An epidemiological study of falls in older community-dwelling women: the Randwich falls
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!