1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
slamgirl [31]
4 years ago
12

Glenn and Maggie own a regional chain of juice bars and are looking to expand in the coming year. They already have fifty shops,

but they know they will need a loan to reach their goal of one hundred twenty five shops. Which type of banking institution is most suitable for Glenn and Maggie’s business?
a credit union
a savings and loan
a commercial bank
an investment bank
Business
2 answers:
ladessa [460]4 years ago
6 0

Answer: A commercial bank.

Explanation:

These are banks whose function is to lend to both the population and the economy. The basis of this activity is short-term deposits from all sources. By granting loans, these banks increase their money supply. In some areas, these banks, in conjunction with the authorities, also provide lower interest rates to stimulate economic development.

Veseljchak [2.6K]4 years ago
4 0

Answer:

C. Commercial bank

Explanation:

i took the test

You might be interested in
Which of the following statements is most consistent with efficient inventory management? The firm has a:
aalyn [17]

Answer:

The correct answer is letter "A": low incidence of production schedule disruptions.

Explanation:

Efficient inventory management is the approach selected to handle the firm's cash flow efficiently. The approach implies reducing wasting time, diminishing the time the items are stored in the warehouse, and predicting future demand whenever possible. It also involves having little to no disruption in the production schedule.

4 0
3 years ago
Use the information below to answer the following question. Boxwood Company sells blankets for $60 each. The following was taken
Ilya [14]

Answer:

D. $144

Explanation:

With this method the last merchandise entered is the first to come out of existence.

At the time of the sale of May 20, the situation was as follows.

5/3 Purchase 5 units $20

5/10 Sale       3 Units

5/17 Purchase 10  units  $24

5/20 Sale       6

The cost of selling these 6 units corresponds entirely to the cost of the purchase of May 17.<em> It does not matter that there</em> are still 2 unsold units of the previous purchase in the warehouse since we are using the LIFO method. So 6 units x $24 = $144

3 0
3 years ago
There are hundreds of highly targeted, upstart sites on the Internet along with magazines created by users. Initially, the main
Artyom0805 [142]

A news reading app is a type of advertising in an online publications that consisted of hundreds of highly targeted on Internet along with magazines created by users.

<h3>What is the Flipboard?</h3>

A news-reading app gathers articles from around the web and delivers them to one's device in attractive Smart Magazines that you can tailor to your own interests.

In conclusion, it is a true statement that the news reading app is a type of advertising in an online publications that consisted of hundreds of highly targeted on Internet along with magazines created by users.

Read more about Flipboard

<em>brainly.com/question/26293415</em>

3 0
3 years ago
The balance in Jahapp Inc.’s Cash account was $6,320 at April 30, 2019 before reconciliation. The April 30, 2019 balance shown i
Citrus2011 [14]

Answer:

$6,240.

Explanation:

                                     Reconciliation Statement

Bank balance before reconciliation                                $4,590

Add: Deposits in transit                                                      2,600

Less: Outstanding Checks                                                  (950)

Reconciled Bank Balance at April 30, 2019                $6,240

Cash balance before reconciliation                               $6,320

Add: Interest Revenue                                                           60

Less: Bank service charges                                                (140)

Reconciled Cash Balance at April 30, 2019               $6,240

<u>Notes</u>

- Deposit in transit and Outstanding checks are already recorded in company's books but not yet recorded with the bank because these checks might have reached bank after working hours. So, we have to update the bank's record.

- We have to update the cash balance with the information that is with the bank and has been provided to us at the period end. This include the interest revenue, already updated in the bank balance, and bank service charges.

7 0
4 years ago
Othello S. Corporation produces and sells a single product. The information about their operation for the last month is given be
Allushta [10]

Answer:

400 units

Explanation:

price per unit $40

variable costs per unit $20

fixed expenses $8,000

operating leverage = fixed costs / total costs

  • operating leverage = 2
  • fixed costs = $8,000
  • total costs = ($8,000 + total variable costs)

2 = $8,000 / ($8,000 + total variable costs)

2($8,000 + total variable costs) = $8,000

$4,000 + 0.5(total variable costs) = $8,000

0.5(total variable costs) = $4,000

total variable costs = $4,000/0.5 = $8,000

total variable costs = total output x variable cost per unit

$8,000 = total output x $20

total output = $8,000 / $20 = 400 units

6 0
4 years ago
Other questions:
  • If a government is interested in knowing the total income of its citizens (including remittances, or money earned in a foreign c
    15·2 answers
  • Roslyn, a food buyer for Organic Cornucopia Food Company, decides to go into business for herself as Roslyn's Kitchen. She conta
    5·1 answer
  • You are a member of a project team revising the Nvidia Corporation’s ethics policy. The team has representatives from five divis
    15·1 answer
  • After the main meeting, the meeting planner would like attendees to attend smaller break out sessions designed to provide more d
    5·1 answer
  • Apocalyptica Corp. pays a constant $4.82 dividend on its stock. The company will maintain this dividend for the next 6 years and
    6·1 answer
  • QUESTION 13
    12·1 answer
  • Limited Liability Companies (LLCs) are gaining in popularity over sub-chapter S corporations because:_____.
    13·1 answer
  • Short-run projected wealth levels calculated using geometric averages are probably ______________.
    5·1 answer
  • First National Bank charges 12.0 percent compounded monthly on its business loans. First United Bank charges 12.2 percent compou
    14·1 answer
  • Your company decides not to implement security procedures because employees refuse to comply anyway. this is an example of risk
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!