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labwork [276]
3 years ago
15

How are credit unions similar to banks? A. They both seek to make a profit. B. They both give out loans. C. They're both owned b

y stockholders. D. They both allow anybody to be a customer.
2b2t
Business
1 answer:
faust18 [17]3 years ago
5 0

Answer:

B. They both give out loans.

Explanation:

Banks are for-profit institutions while credit unions are non-profit. So that means that the answer would not be A. A credit union and a bank give out loans. (A bank has lower interest rate than a credit union.)  That would mean that B would be an answer. You have to be qualified and have membership to go to a credit union. So C would not be a correct answer.

Hope this helps!!

Have a great day!

let be know if my answer is wrong and I will try to fix it!

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Upper A report about the decline of Western investment in third world countries included this: "After years of daily flights com
Ksenya-84 [330]

Answer:

True

Explanation:

The actual amount of the decrease in foreign investment is less than​ 100% therefore, if foreign investment fell by​ 100%, it would be cut in half.​ Apparently, a decrease of​ 200% means that it would be totally​ eliminated, and a decrease of more than​ 200% is impossible.The the statement does not mention the initial amount of foreign investment.

8 0
3 years ago
Macrosoft Company reports net income of $55,000. The accounting records reveal depreciation expense of $70,000 as well as increa
Mrrafil [7]

Answer:

$99,000

Explanation:

According to the scenario, computation of the given data are as follows,

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Add- Income tax payable = $13,000

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Hence, Net cash flow from operating activities = $99,000      

4 0
3 years ago
What is the appropriate fiscal policy when an economy goes into recession?
notsponge [240]
The appropriate fiscal policy for when an economy goes into recession would be the expansionary fiscal policy.
7 0
3 years ago
Torino Company has 2,800 shares of $50 par value, 6.5% cumulative and nonparticipating preferred stock and 28,000 shares of $10
Feliz [49]

Answer:

The cash dividend that must be paid to preferred stockholders in the second year before any dividend is paid to common stockholders is  $10,200.

Explanation:

In order to calculate the cash dividend that must be paid to preferred stockholders in the second year before any dividend is paid to common stockholders is , we have to make the following calculations.

First, we have to calculate the Annual preferred dividend = (2800*50*6.5%) = $9,100

Hence, First year preferred dividend = $9,100-$8,000 = $1,100

Finally, if we make $1,100+$9,100 = $10,200 and so this will be the cash dividend that must be paid to preferred stockholders in the second year before any dividend is paid to common stockholders.

8 0
3 years ago
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fomenos

Answer:

True

Explanation:

I'm 50% sure :)

8 0
2 years ago
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