The Canadian banking system is a conservative system that consists of five main categories. They are:
Chartered banks
Trust and loan companies
Cooperative credit movement
Life insurance companies
Securities dealers
For anyone considering a career in banking in Canada, this list of top banks in Canada is a helpful guide on where to start. To learn more, see our lists of financial institutions.
Answer:
lower
Explanation:
As people would make a smaller profit but more if it accumulating it to get bigger than expensive with less sales.
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
The correct answer is: Franchise.
Explanation:
A Franchise is a company in which one party -<em>the franchisee</em>- gains access to the proprietary information, procedures, and trademarks of an established business -<em>the franchisor</em>. A franchise provides the opportunity to own a company while avoiding many of the initial challenges. The franchisee purchases the right to sell a product or service under an established brand name, the customer already knows the brand, so there is no need for additional resources to launch the products.
Answer:
$63,500
Explanation:
Calculation to determine Jerry's adjusted basis in his partnership interest at the end of the year
Using this formula
Partnership interest adjusted basis =Partnership interest+Cash contribution+Long-term capital gain+Qualified dividends -Reduction in partnership debt -Non-deductible expenses-Reported an ordinary loss
Let plug in the formula
Partnership interest adjusted basis=$42,000+ $28,000 + $4,800 + $3,800 - $5,800 - $2,300 - $7,000
Partnership interest adjusted basis = $63,500
Therefore Jerry's adjusted basis in his partnership interest at the end of the year will be $63,500
