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4 years ago

Benefit of electronic banking

Business

1 answer:

zzz [600]4 years ago

7 0

Answer:

E banking provides many advantages for banks and customer's .e-banking has made life much easier and banking much faster for both customers and banks. It provides banking throughout the year 24/7 days from any place have internet access.

Explanation:

hope it helps let me know if it did!

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What is the process of researching or studying a concept?

Zolol [24]

Learning.
Or at least I believe so. Are there multiple choice?

4 0

4 years ago

Flesch Corporation produces and sells two products. In the most recent month, Product C90B had sales of $24,080 and variable exp

Hunter-Best [27]

Answer: c. would increase

Explanation:

Given Data:

Sales of product C90B= $24,080

Variable expense = $6,020

Sales of Product Y45E = $26,660 Variable expenses = $13,330.

Fixed expenses of entire company = $23,200

Therefore:

Contribution Margin: Total Contribution ÷ Total Sales

Product C90B:

= $( 24,080 - 6,020 ) ÷ $24,080 * 100

= 75%

Product Y45E

= $( 26660 - 13330 ) ÷ $26660 * 100

= 50%

Since the contribution margin of product C90B is greater than Y45E, they would be an increase.

4 0

3 years ago

The common stock of Auto Deliveries sells for $28.16 a share. The stock is expected to pay $1.35 per share next year when the an

CaHeK987 [17]

Answer:

Market rate of return is 7.79%

Explanation:

The market rate of return on the stock can be computed using the market price of the stock , which is given below:

share market price =D1/(Expected market return-Dividend growth rate)

share market price is $28.16

D1 is the expected dividend next year which is given by $1.35

expected market return is the unknown

dividend growth rate is 3%

$28.16=$1.35/expected market return-3%

let y be the expected market return

$28.16=$1.35/y-3%

by cross multiplication the equation becomes

$28.16*(y-3%)=$1.35

y-3%=$1.35/$28.16

y=($1.35/$28.16)+3%

y=7.79%

6 0

3 years ago

Read 2 more answers

A challenge in calculating the total costs and expenses of a department is: Multiple Choice Determining the gross profit ratio.

olga55 [171]

Answer: Allocating indirect expenses to the department.

Explanation:

Indirect Expenses are those expenses that the entire business incurred and not just that particular department or segment. This means that it cannot be directly attributed to any one instrument of expense such as products or services.

This is why when it comes to allocating indirect costs which has to be done to maintin proper records, apportioning those costs to each department is challenging because the amount of cost due is not plain or direct.

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3 years ago

What journal entry is recorded as a result of issuing stock to investors for cash?

Liula [17]

I believe this would result to a debit to cash and a credit to common stock. This is because the transaction would result to an increase in cash (asset) and a decrease in stock (asset). A journal is a record used in accounting in which transactions are initially recorded in order of when they were undertaken.

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4 years ago