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
Grace [21]
3 years ago
6

Why can a bank afford to pay interest rate on a savings account

Business
2 answers:
baherus [9]3 years ago
7 0

Answer:

Banks use the money from borrowers whom they charge at a high interest rate, and gives a lower rate to the people who have a savings account.  

Nadusha1986 [10]3 years ago
3 0
How can a bank afford to pay interest? Banks use the money deposited on savings accounts to lend to borrowers, who pay interest on their loans. ... The difference between the money earned as interest on loans, any operating expenses, and the money paid as interest to savings accounts is profit to the banks.
You might be interested in
There are many costs associated with owning a car. Which of these is not something you'll need to pay for?
kaheart [24]

The answer will be -B-

4 0
3 years ago
You run a hospital with 100 rooms. Fixed daily cost is $880.00 which includes staff salary, property charges, maintenance etc. V
andrew-mc [135]

Answer:

$924

Explanation:

The computation of the profit/loss is shown below:

= Sale - variable cost - fixed daily cost

where,

Sale = Selling price per room × Number of rooms sold

= $55 × 41 rooms

= $2,255

And, the variable cost would be

= Variable cost per room × Number of rooms sold

= $11 × 41 rooms

= $451

And, the fixed daily cost is $880

Now put these values to the above formula

So, the value would be equal to

= $2,255 - $451 - $880

= $924

7 0
3 years ago
Assume an organization's current service level on order fill is as follows:
frosja888 [35]

Answer:

Answer for the question:

Assume an organization's current service level on order fill is as follows:

Current order fill 80%

Number of orders per year 5,000

Percent of unfilled orders back-ordered 70%

Percent of unfilled orders cancelled 30%

Back order costs per order $150

Lost pretax profit per cancelled order $12,500

a) What is the lost cash flow to the seller at this 80 percent service level?

b) What would be the resulting increase in cash flow if the seller improved order fill to 92 percent

c) If the seller invested $2 million to produce this increased service level, would the investment be justified financially?

d) What is the role of activity-based costing in customer relationship management? In customer segmentation?

is given in the attachment.

Explanation:

Download pdf
7 0
3 years ago
Viral promotion involves: Group of answer choices sending a pre-written set of messages to customers or prospects over time. off
marta [7]

Answer:

leveraging a firm's customers to promote a product or service

Explanation:

Viral promotion is a form of marketing in which a good or service is promoted using a firms' social network,

For example, if a firm is about to launch a new product and it wants to do a viral promotion, it would make use of the firms existing customers to promote the good

4 0
3 years ago
Suppose charles owns a​ lawn-mowing company. assume that without​ workers, no yards are mowed. when he hires one​ worker, he is
Marysya12 [62]
<span>Marginal pruduct of first worker is 3 yards. Marginal product of second worker is 4 yards. Marginal product of third worker is 5 yards.The marginal product of labor potentially increases due to specialization.</span>
4 0
3 years ago
Other questions:
  • Quinlan has ample E &amp; P to cover any distributions made during the year. One distribution made to a shareholder consists of
    8·1 answer
  • The supply and demand for a product are related to price by the following​ equations, where y is the​ price, in​ dollars, and x
    7·1 answer
  • What is foolproof definition of looking like a fool
    10·1 answer
  • Jose has a limited Google Ads budget, and his ads aren’t showing as often as he wants. How might he improve results without spen
    7·1 answer
  • Paid $7,000 of accrued taxes at the time the plant site was acquired. choose an account title 2. Paid $200 insurance to cover a
    12·1 answer
  • Recall Little’s Law that relates the 3 most important process measures (average inventory, average flow rate, and average flow t
    7·1 answer
  • Match each concept in Column A with an example in Column B. Column A Column B a. Substitute goods 1. Price and quantity along th
    13·1 answer
  • The internal rate of return : (mark all that applies) does not need a required rate to calculate. rule states that a typical inv
    9·1 answer
  • Item13 Time Remaining 45 minutes 57 seconds00:45:57 Item 13 Time Remaining 45 minutes 57 seconds00:45:57 The world's largest man
    14·1 answer
  • Imagine you are in the process of buying a new car. Give at least two examples of both qualitative and quantitative data that yo
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!