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marin [14]
3 years ago
13

Which of the following financial institutions has a membership requirement?

Business
2 answers:
EastWind [94]3 years ago
6 0

Credit union :))))))))

Dima020 [189]3 years ago
5 0
A credit union often requires that its clients be members who own a share in the company.
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What is breach of contract?
Gwar [14]

Answer:

an act of breaking the terms set out in a contract.

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3 years ago
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Which type of cover letter would the above excerpt come from?
egoroff_w [7]

The answer is Prospecting cover letter. A letter of interest, also known as a prospecting letter or inquiry letter. This is sent to potential or desired employers that may be hiring, but haven't listed a specific job opening to apply for.

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Alpaca Corporation had revenues of $300,000 in its first year of operations. The company has not collected on $20,000 of its sal
madam [21]

Answer: Option (b) is correct.

Explanation:

Given that,

Revenues = $300,000

Merchandise it purchased = $75,000

Salaries paid = $14,000

Owners invested = $23,000

Borrowed on a five-year note = $23,000

Interest paid = $3,000

Paid for a two-year insurance policy = $6,800

Income tax rate = 9%

Gross Margin = Revenues - Cost of Goods Sold

                       = $300,000 - $75,000

                       = $225,000

Profit before tax = Gross Margin - Salaries - Insurance payment - Interest

                          = $225,000 - 14,000 - 3,400 - 3,000

                          = $204,600

Net Income = Profit before tax - Tax at 9%

                    = $204,600 - 18,414

                    = $186,186

6 0
3 years ago
The list of steps required to get the same regult each time a task or activity is performed is known as the:
enyata [817]

Answer:

The answer is C. procedure

Explanation:

I found it here: https://quizlet.com/155356515/chapter-3-automotive-vocab-flash-cards/

4 0
2 years ago
Which of the following serve as intermediaries channeling the savings of individuals, businesses and governments into loans and
finlep [7]

Answer: Financial institutions

Explanation: Financial institutions, sometimes referred to as banking institutions works as a  intermediary in financial markets. These institutions offers deposit facilities to general public in exchange of interest on such deposits. Then these institutions lend the deposited amounts to those in need for investments and funds and charge interest to them.

Thus, we can conclude that option A is correct.

8 0
3 years ago
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