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3 years ago

Which of the following is a nonprofit financial institution? A. Saving bank. B.Credit union. C. Saving bank. D. Commercial bank.

Business

2 answers:

Flura [38]3 years ago

6 0

B.Credit union

hope this helps :)

shepuryov [24]3 years ago

5 0

B. Credit Union A credit union is a nonprofit financial institution.

Out of the choices, a credit union is the only nonprofit organization. No money is made within a credit union and those who use the cooperative are able to borrow money from pooled deposits at generally low interest rates. A credit union offers its members traditional banking services that a commercial bank would offer, but does not take fee's from their money, just a requirement to join.

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Please help its multi choice plz

faltersainse [42]

Answer:

the answer is minus depreciation

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3 years ago

The Attaran Corporation manufactures two electrical products: portable air conditioners and portable heaters. The assembly proc

Wittaler [7]

Answer:

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Optimal solution value = $1,900

Explanation:

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3 years ago

Which expense contributes to a business’s semi-variable cost?

motikmotik

for Plato the correct answer is D. overtime (wages) paid to workers :)

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4 years ago

The beginning checkbook balance of Shelley Co. was $5,559.10. The bank statement showed a bank balance of $7,888.44. The bookkee

amid [387]

Answer:

$7,999.54

Explanation:

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These are items that have either been recognized in books but yet to be recorded by the bank or vice versa, transactions recorded wrongly by one of the parties etc.

To correctly adjust the book balance, items recognized in the bank statement that are yet to be recorded in the books are done.

The adjusted balance

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7 0

3 years ago

Loan x has a principal of $10,000x and a yearly simple interest rate of 4%. Loan y has a principal of $10,000y and a yearly simp

Ganezh [65]

Answer:

X = 32

Y = 96

Explanation:

Z = 5%

Z = (0.04X + 0.08Y) / (X + Y)

we can substitute Z:

0.05 = (0.04X + 0.08Y) / (X + Y)

0.05 (X + Y) = 0.04X + 0.08Y

0.05X + 0.05Y = 0.04X + 0.08Y

0.01X = 0.03Y

X = 0.03Y / 0.01 = 3Y

This means that we must choose one value for Y that divided by 3 equals another option:

the only possibility that fits the equation is:

X = 32
Y = 96

4 0

4 years ago