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3 years ago

How is a credit union different from a retail bank?

Business

2 answers:

astraxan [27]3 years ago

8 0

A credit union is a nonprofit entity,and a retail bank is a for-profit entity

APEX

Natali5045456 [20]3 years ago

4 0

Credit unions are non-profit financial corporations, while banks have a declared earnings paid and stockholders. Have a GREAT day!!!! :)

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"A cross-hedging strategy is most effective with currencies that are _____; currency diversification is most effective with curr

chubhunter [2.5K]

"A cross-hedging strategy is most effective with currencies that are highly positively correlated; currency diversification is most effective with currencies that are not highly correlated."

Explanation:

Cross hedging is a idea that is used to mange risk. This is done by investing in two securities. Those two securities are correlated and that too positively. Which means their prices goes in the identical direction. It helps in minimizing the risks associated.

So,A cross hedging strategy is most efficient when currencies are positively correlated,

Currency diversification is a strategy where more than one currency is used in investment. It leads to less exchange rate risk. This strategy is most effective with currencies that are not highly correlated. Which means increase in one currency causes no increase in other currency.

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3 years ago

Which of the following best describes the primary reason for implementing a new information system, from a

lisabon 2012 [21]

Answer:

i think it is c

Explanation:

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3 years ago

What are the agriculture specialist do

stealth61 [152]

Answer:

Agricultural specialists research farms and crops, collect data, and help farmers implement the best industry practices available. As an agricultural specialist, you also take the time to evaluate farmlands, cultivate relationships with others in the industry, and support land conservation efforts.

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3 years ago

Gala Company is a manufacturer of laptop computers. Various costs and expenses associated with its operations are as follows.The

astra-53 [7]

Answer:

The various costs associated with the Gala Company could be classified into the following:

a. Direct Material Cost

Memory boards and chips used in assembling computers.

b. Direct Labour Cost

Production superintendents’ salaries.

Salaries for assembly-line quality control inspectors.

Wages of workers assembling laptop computers.

c. Manufacturing Overhead

Sales commissions paid to sell laptop computers.

Electrical components used in assembling computers.

Soldering materials used on factory assembly lines.

d. Period Cost

Property taxes on the factory building.

Depreciation on the factory equipment.

Salaries for the night security guards for the factory building.

Explanation:

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3 years ago

Tripp Corporation is planning to borrow $800,000 from its bank to pay one of its suppliers. The bank requires a compensating bal

jeyben [28]

Answer:

$720,000

Explanation:

Data provided in the question:

Amount Tripp Corporation is planning to borrow = $800,000

Compensating balance required by the bank = 10%

Now,

Since out of the borrowed amount 10% is Compensating balance required by the bank

Therefore only 90% of the balance is available for the Tripp corporation to pay one of its suppliers

Thus,

Amount Tripp will pay its supplier will be

= 90% of the Amount Tripp Corporation is planning to borrow

= 0.90 × $800,000

= $720,000

8 0

3 years ago