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4 years ago

Which of the following is a benefit of doing business with an online bank? A. 24 hours/7 days a week business hours

Business

2 answers:

Ainat [17]4 years ago

5 0

Answer:

A. 24 hours/7 days a week business hours

Explanation:

Since it is an online bank, then it does not follow a regular bank's way of doing business. Their great advantage is low cost, low fare, and quick access.

Usually, the customer gets in touch via app, with a clean design, developed for the public in general. And their customers neither have personalized service nor higher loan rates and mostly, not many deposit location at disposal.

abruzzese [7]4 years ago

4 0

The correct answer is a

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Community Manufacturing Inc. developed the following standard costs for direct material and direct labor for one of their major

hammer [34]

Answer:

Particulars Standard Actual

Qty Rate Amount Qty Rate Amount

Materials 2,000 26 52,000 2,200 24 52,800

Labor 1,000 14 14,000 1,050 14.75 15,487.50

Actual output 10,000.00

Materials required (10000*0.20) = 2,000.00

Labor hrs required (10000*0.1) = 1,000.00

1. May's direct material price variance

= (SP-AP)*AQ

= (26 - 24*)2200

= 4,400 F

2. May's direct material quantity variance

= (SQ-AQ)*SP

= (2,000 - 2,200)*26

= 5,200 U

3. May's direct labor cost variance

= Standard Cost - Actual Cost

= 14,000 - 15,487.50

= 1,487.50 U

4. May's direct labor rate variance

= (SR-AR)*AH

= (14 - 14.75)*1,050

= 787.50 U

5. May's direct labor efficiency variance

= (SH-AH)*SR

= (1,000 - 1,050)*14

= 700 U

6 0

3 years ago

Congress would like to increase tax revenues by 10 percent. Assume that the average taxpayer in the United States earns $65,000

SSSSS [86.1K]

Answer: 16.5% is the average tax rate that will result in a 10 percent increase in tax revenues.

Explanation:

This is an example of static forecasting since no time parameter is involved.

Now,

Let initial revenue be "R" ,

"n" be no. of taxpayer

∴ R= 65000×0.15×n

R +0.1R= 65000×rate×n

Using the above two equation, we'll get ;

r = 16.5%

7 0

3 years ago

Why do you think different college majors pay for themselves at different rates?

Brums [2.3K]

In my opinion, i think this happens because different majors can you get different jobs, where people are making different amounts of money! so if you had a education degree, it would take longer to pay it “off” verses say a law degree! hope that kinda helped :)

3 0

3 years ago

In the united states ,dollar bills, , and dimes are representative money

AnnyKZ [126]

Answer:

In the United States, dollar bills, nickels, and dimes are Representative money It can be exchanged for a valuable good, was used in systems involved a "gold standard", and can be traded for a commodity such as silver.

3 0

3 years ago

What is the number of times preferred dividends were earned for the following data? Total current liabilities (noninterest beari

Alekssandra [29.7K]

Answer:

Times preferred dividends eared: 7.08333

Explanation:

income before taxes - taxes = net income

180,000 - 78,000 = 102,000

preferred dividends:

outstanding preferred shares x yield

$ 240,000 x 6% = $14,400

Times dividends earned:

102,000 / 14,400 = 7.08333333333

6 0

3 years ago