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Mama L [17]
3 years ago
8

Banks work to earn a profit by selling financial services Group of answer choices True or false?

Business
1 answer:
insens350 [35]3 years ago
5 0

Answer:

True

Explanation:

Financial services are the activities rendered by any financial institution such as the banks to their customers. Most of the services are done at a fee that makes the main source of revenue for banks. The revenue is spent to pay the overall expenses of the bank. If the expenses are lower than the revenue, a bank makes profit. If expenses exceed revenue, a bank makes loss which is not mostly the case. Therefore, it is true to say that banks work to earn a profit by selling financial services.

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Dole Corp.'s accounts payable at December 31, 2014, totaled $750,000 before any necessary year-end adjustments relating to the f
Fudgin [204]

Answer:

Adjusted                         1,312,000

Explanation:

Unadjusted                       750,000

outstanding checks         350,000

Purchase net of discount 147,000

Shipped FOB destination 65,000

the title of the goods passes when the supplier deliver to the carrier.

Adjusted                         1,312,000

The check were not mailed until next year, so it doesn't decrease the AP balance

The purchase is recorded net of discount

150,000 x (1-2%) = 147,000

5 0
2 years ago
A marketing company wants to determine which cola beverage is most preferred by consumers. A group of participants tastes Cola A
Helga [31]

Answer:

C) 2 x 2 mixed factorial

Explanation:

A 2 x 2 mixed factorial design refers to a research study that uses 2 independent variables (can be more, e.g. 3 x 3). One of the variables is a within-subjects factor, in this research the flavor is the within-subjects factor. The other variable is a between-groups factor, the between-groups in this research are the two groups of participants.

6 0
3 years ago
Workforce is defined as . Answer Choices A. employees, volunteers, trainees and other persons whose conduct, in the performance
Marrrta [24]

Answer:

The correct answer the following question is option A) .

Explanation:

In simple words a workforce can be defined as the total number of people or employees who are working for someone or they are on employers payroll . This will include the whole population of the country who are currently working and also the people who are currently unemployed but are looking for a job. So as per the definition we know, the correct option would be A) where workforce would consists of employees, volunteers etc, whose conduct in the performance of work covered entity or business associate, is under direct control of such entities , whether or not they are paid by such entities.

7 0
3 years ago
Leon is 28 years old and pays cash for everything he buys. He has never had credit in his name and never missed or been late on
arlik [135]

Answer:

Nothing.

Explanation:

It is known that a good credit score generally comes from a history of managing money responsibly. This doesn’t mean you shouldn’t borrow money though; in fact, companies often like to see a track record of timely payments and sensible borrowing. In Leon's case, he has no dealings with credit cards as he makes all his transaction with physical cash; therefore he has no credit score in any way.

Leon has to work towards improving his poor credit score or need to build up credit history from nothing.

3 0
3 years ago
State and local crime rates are affected by citizens with gambling addictions.
ahrayia [7]
True
Hope this helps
4 0
3 years ago
Read 2 more answers
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