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2 years ago

Why might a traditional bank still be a more popular option versus an alternative source of funding?

1 answer:

5 0

Traditional banks can maintain their hobby costs low because they reduce their chance via investment in much less risky organizations, those that have a sturdy non-public credit score rating and a history of making bills on time.

Traditional banks can maintain their interest quotes low because they decrease their chance by way of funding much less unstable businesses, those that have a sturdy personal credit score and a history of making payments on time.

Clean to manipulate coin deposits with the aid of going to a local department. speedy coins withdrawals from department ATMs, drive-thru, or in the branch with few boundaries.

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The competitive pressures from substitute products tend to be stronger when Group of answer choices there are more than 10 selle

postnew [5]

Answer:

buyers are relatively comfortable with the quality and performance of substitutes, and the costs to buyers of switching over to the substitutes are low.

Explanation:

Substitute goods are goods that can be used in place of another good.

Factors that increases competitive pressures from substitute products include:

the switching cost : the lower the cost of switching to substitute good, the higher the competitive pressures from substitute products
If the demand for the industry product is price sensitive : if demand for the product is price sensitive, a small increase in price would lead to an increase in demand for the substitute good

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3 years ago

Breakeven analysis: Barry Carter is considering opening a music store. He wants to estimate the number of CDs he must sell to br

Scilla [17]

Answer and Explanation:

The computation is shown below:

a. The operating break even point in number of CD is

= Fixed operating cost ÷ (Selling price per unit - variable operating cost)

= $73,500 ÷ ($13.98 - $10.48)

= 21,000 CDs

b. Now the total operating cost is

= Fixed cost + Quantity × variable cost per unit

= $73,500 + 21,000 CDs × $10.48

= $293,580

c. If he can sell 2,000 CDs per month than annual sale is 24,000 CDs and the break even is exceeded than 3,000 CDs by taking a difference of 24,000 CDs and 21,000 CDs . So, it should go to the CD business

d. Now the EBIT is

= (Selling price × Quantity) - Fixed cost - (Variable price × Quantity)

= ($13.98 × 24,000) - $73,500 - ($10.48 × 24,000)

= $335,520 - $73,500 - $251,520

= $10,500

We simply applied the above formulas

8 0

3 years ago

"many business professions use the skill of __________ in order to work together and complete complex tasks."

allsm [11]

<span>"Many business professions use the skill of collaboration in order to work together and complete complex tasks."
</span><span>Collaboration is the working process in which more people or organizations are involved and work together to achieve a specific goal and common business purpose..</span>

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3 years ago

HELP PLS

Margaret [11]

Answer:

$23

Explanation:

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3 years ago

Define each of the following investment rules and discuss any potential shortcomings of each. In your definition, state the crit

AlladinOne [14]

internal rate of return

6 0

3 years ago