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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.

Learn more about traditional banks here:brainly.com/question/6869638

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The following data relate to direct labor costs for the current period:

mr Goodwill [35]

Answer:$2,125 unfavorable

Explanation:

Given

Standard costs 9,000 hours at $5.50

Actual costs 8,500 hours at $5.75

we have two formulas to calculate for direct labor rate variance is:

1ST ----Direct Labor rate variance = (Actual Rate- Standard Rate ) x Actual hour

=( $5.75 -$5.50) x 8,500 = $2,125 unfavorable

2ND----Direct Labor Rate Variance=Actual Direct Labor Cost Incurred - Standard Direct Labor Cost Based on Actual Hours

=Actual Hours x Actual Rate -Actual Hours x Standard Rate

= ($5.75 x 8,500 hours)-($5.50 x 8,500 hours)

$48,875 - $46,750 = $2,125 unfavorable

when the actual rate is higher than the standard rate, the Direct Labor Rate Variance is unfavorable and if the actual rate is lower than standard rate, the variance is favorable.

3 0

3 years ago

By lowering production costs, _____ help domestic producers compete against foreign imports. subsidies duties quotas tariffs

MrRa [10]

By dropping production costs, subsidies aid domestic manufacturers strive in contrast to foreign imports and attainment export markets. Subsidies proceeds many forms as well as cash grants, low interest loans, tax breaks and government equity contribution in domestic companies. Government subsidies should be paid for or usually by taxing people and businesses. The biggest protectors of the agricultural subsidies are the industrialized nations of the world and the consequence of subsidies is subsidies protect inefficient domestic producers. Conferring to the strategic trade policy, subsidies can assist a company to attain a first mover benefit in an developing industry. Non-tariff obstructions which comprise of subsidies, quotas, voluntary export restraints and anti dumping duties.

4 0

3 years ago

Which of the following should be included in an individual taxpayers federal gross income

Kobotan [32]

Answer:

I believe your wages, dividends, business income, capital gain, retirement distributions as well as other income should all be included in an individual gross business income

Explanation:

Let me know if this helps!

8 0

3 years ago

__________ is an arrangement whereby someone with a good idea for a business sells the rights to use the business name and sell

ira [324]

Answer:

Franchise

Explanation:

This is a business arrangement where the owner of a successful business gives the right (through special business and legal arrangement) to another, to run such business in a specified location using his brand name in accordance with agreed terms and conditions. Under this arrangement, technical support and training are always provided by the franchiser.

The franchisor charges the franchisee a fee for the right which in most cases is periodic. The franchise is renewable.

7 0

3 years ago

In a standard cost accounting system, the entry to record purchase of raw materials on account for $13500 when the standard cost

Sedaia [141]

Answer:

a. Debit to raw material inventory for $12,750, debit to material price variance $750 and credit to account payable for $13,500.

Explanation:

Date Journal Entry Debit Credit

Raw Material Inventory $12,750

Material Price Variance $750

Accounts Payable $13,500

3 0

3 years ago