Answer:
Net banking
Explanation:
Net banking is also called internet banking or online banking. It is targeted at customers who prefer to do their transactions from the comfort of their home. Rather than coming to the bank to perform transactions.
Various types of transactions are available on the net banking platform such as bank statement, bill payments, money transfers, and even booking of fixed deposit.
YES Bank platform provides online confirmation along with instant settlement for payments making cash flow forecasting easier and precise to the last minute.
They are providing net banking services to their clients.
Training for what? Or just training
Answer:
1. 20%
2. 25.20%
3. 24.00%
Explanation:
1. The computation of return on investment is shown below:-
Return on investment = Operating income ÷ Average operating assets
= $70,000 ÷ $350,000
= 20%
2. The computation of return on investment (ROI) is shown below:-
Return on investment = Operating income ÷ Average operating assets
= ($70,000 + $18,200) ÷ $350,000
= $88,200 ÷ $350,000
= 25.20%
3. The computation of return on investment (ROI) is shown below:-
Return on investment = Operating income ÷ Average operating assets
= ($70,000 + $14,000) ÷ $350,000
= $84,000 ÷ $350,000
= 24.00%
So, we have applied the above formula.
Answer:
Bank of America (NYSE:BAC) has had its fair share of missteps over the past decade, but it's also had successes. Topping the list for the latter is the progress it's made in mobile banking, which has enabled the bank to slash operating expenses in its consumer banking segment.
You can get a sense for Bank of America's success in this regard by looking at the number of people who use its mobile application. In the most recent quarter, the bank boasted 19.6 million active mobile users. That's five times the number it had in 2009. To put this in perspective, Bank of America has 60 million total clients within 45 million households.
The impact on Bank of America's transaction mix has been dramatic. Mobile check deposits are up by a factor of 10 since 2012, and now account for 16% of all deposit transactions at the North Carolina-based bank. If you also factor in ATM transactions, two-thirds of Bank of America's deposit transactions are now automated. That compares to only 35% in 2009.
Explanation:
Answer:
entire initial investment will not be recovered.
Explanation:
Payback period is one of the methods used in capital budgeting.
Payback period calculates how long it takes for the amount invested in a project to be recovered from its cummulative cash flows.
For example, if a project costs $360 and the cash flow each year for its 6 years useful life is $120. The amount invested would be gotten back from the cummulative cash flow in 3 years.
But if a project costs $360 and the cash flow each year for its 2 years useful life is $120. The amount invested would never be gotten back the cummulative cash flow. Therefore, the entire investment amount will never be entirely recovered.
The project will always not be profitable
I hope my answer helps you.
