Since you did not give a list of choices, here are some of the major functions of a bank. These functions include the following:
1. - accepts deposits <span>
- advances loans
- receivesof valuables for safe custody
- acts as referee
- issues letter of credit in foreign trade
- acts as underwriters
- acts as information banks
- merchant banking service provider
- deals in foreign exchange
- issues gift cheques
- issuers of travelers cheque and credit cards
- bullion trader
- sale and purchase of stock exchange securities
- acst as clearing house
- administration of wills and trusteeship
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I hope this helps!
Current year Dividend (D0) = $3.20
Dividend for the first year (D1) = $3.20*(1.28) = $4.10
Dividend for the second year (D2) = $3.20*(1.28)^2 = $5.24
Dividend for the third year (D3) = $3.20*(1.28)^3 = $6.71
Dividend for the fourth year (D4) = $3.20*(1.069)^4 = $7.17
Price of the third year (P3) = $7.17/(0.16-0.069) = $78.83
Current Price of the year (P0) = $4.10/(1+0.16)^1 + $5.24/(1+0.16)^2 + $6.71/(1+0.16)^3 + $78.83/(1+0.16)^3
P0 = $64.34
What is this supposed to mean?I mean yeah sure!!
Answer:
A. $18,000
B. No QBI deduction
Explanation:
a) Calculation for Roquan’s deduction for qualified business income.
Using this formula
Roquan's qualified business income.
= 20% x QBI
Let plug in the formula
Roquan's qualified business income
= 20% x $90,000
Roquan's qualified business income= $18,000
Therefore Roquan’s deduction for qualified business income will be $18,000
b) Based on the information given if we assumed that Roquan's taxable income before the deduction for qualified business income is the amount of $300,000 which means that Roquan's income is higher than the amount of $213,300 hence, NO qualified business income deduction (QBI) will be allowed.
Answer:
The correct answer is: operations management.
Explanation:
Operations management refers to the management of business practices within a company to achieve the highest possible level of quality, in an attempt to increase profit. There is a wide range of activities that fall under the category of operations activities. Among them, we can identify quality service assurance.