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3 years ago

Name 5 banking task that can be done online

2 answers:

8 0

- Check Account Balances
-View all of your bank accounts IRA's and securities
- Send Money
-Receive Money
- Add a new card to your account

I am Lyosha [343]3 years ago

6 0

Answer:

1. Online payment of bills

2. Checking account balance

3. Stop payment request

4. Fund transfer service

5.Viewing account statement or printing bank statement

Explanation:

Online banking is also called internet banking or web banking, means conducting banking services via the internet.

1. Online payment of bills - Settlement of bills can be done online without the need to involve payment of cash, it may be telephone bills, electricity or gas bill e.t.c.

2. Checking account balance - A bank customer can check his account online to know the balance in his bank account.

3. Stop payment request - The countermand of a check can be done online, countermand means reversing an earlier mandate given to a bank, that is stopping the payment of a check.

4. Fund transfer service - Transfer of fund either between one account and the other or between a customer in one bank and a customer in another bank can be done via online banking.

5. Viewing account statement or printing bank statement - Instead of waiting for bank statement to be sent by the bank at the end of a period, through online banking, a customer can view the debit and credit in his account or even print the statement directly.

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Personal selling is considerably less effective than other forms of promotion in obtaining a sale and gaining a satisfied custom

valina [46]

Personal selling is considerably less effective than other forms of promotion in obtaining a sale and gaining a satisfied customer is False

Personal selling, commonly referred to as face-to-face selling, is a sales technique where a single salesperson tries to persuade a consumer to purchase a product. It is a type of advertising where the salesperson employs their knowledge and talents in an effort to close a deal.

A salesman can use personal selling, a face-to-face selling method, to convince a consumer to purchase a specific product by utilizing his or her interpersonal abilities. The salesperson tries to persuade the consumer that the product will only add value by emphasizing its different qualities. There are two primary routes via which personal selling can be done.

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3 0

1 year ago

The distinction between supply and the quantity supplied is best made by saying that___________.

snow_lady [41]

Answer:

b. supply is represented graphically by a curve and quantity supplied as a point on that curve.

Explanation:

Qunatity supplied shows how qunatity of a product changes in response to changes in price of that good. According to the law of supply, the higher the price of good, the higher the quantity supplied and the lower the price of a good, the lower the quantity supplied. This shows that quantity supplied has a direct relationship with price.

Changes in quantity supplied is shown by movement along a supply curve.

Changes in supply is caused by other factors other than changes in price. Some of these factors are :

Changes in price of similar goods

Tax

Change in number of suppliers

Technological advancement

Changes in supply is shown by movement of the supply curve either to the left or to the right and not a movement along the supply curve.

I hope my answer helps you

7 0

3 years ago

PA5.

daser333 [38]

Answer:

Using weighted average method

Statement of equivalent units

Material Conversion

Units Units

Units transferred out 19,000 19,000

Add: Closing work-in-progress 6,000 1,800

Average divisor  25,000  20,800

Computation of cost per unit

Material Conversion

$ $

Cost of beginning work-in-progress 10,000 19,000

Cost added 50,000 112,248

Total cost  60,000  131,248

Material cost per unit = $60,000

25,000 units

= $2.40 per unit

Conversion cost per unit = $131,248

20,800 units

= $6.31 per unit

Value of units transferred out

Material = 19,000 x $2.40 = $45,600

Conversion = 19,000 x $6.31 = $119,890

Value of closing work-in-progress

Material = 6,000 x $2.40 = $14,400

Conversion = 1,800 x $6.31 = 11,358

Explanation:

In this case, we need to prepare statement of equivalent units in order to ascertain the average divisor. The average divisor is the sum of units transferred out and closing work-in-progress. Then, we will obtain the total cost of material and conversion, which is the aggregate of cost of opening work-in-progress and cost of units added. We will also calculate the cost per unit, which is total cost of material and conversion divided by average divisor. Finally, the units transferred and ending work-in-progress will be valued at unit cost of material and conversion.

8 0

3 years ago

An investor estimates that next year's sales for Dursley's Hotels Inc. should amount to about $100 million. The company has 5

Lerok [7]

Answer:

(a) $10 million

(b) $1 per share

(d) 25 %

Explanation:

(a) Estimated net earnings for next year.

Sales next year = $100 million

Net profit margin = 10%

Net profit margin = Net Income ÷ Sales

Net Income = 10% × $100 million

= $10 mil lion

(b) Next year's dividends per share.

Dividend payout = Dividends paid ÷ Net Income

= 50%

Dividends paid = $10 × 50%

= $5 mil lion

Per share dividend = Dividend paid ÷ Shares outstanding

= $5 million ÷ 5 million

= $1 per share

Earnings per share:

= Net income ÷ shares outstanding

= $10 million ÷ 5 million

= $2 per share

P/E Ratio = Price per share ÷ Earnings per share

Price per share = $2 × 24.5

= $49

(d) The expected holding period return (latest stock price: $40 per share).

= (Final price - Initial price + Dividend) ÷Initial Price

= ($49 - $40 + $1) ÷ $40

= 25%

8 0

3 years ago

The constant dividend growth model: a. is more complex than the differential growth model. b. requires the growth period be limi

Finger [1]

Answer:

The correct answer is letter "D": can be used to compute a stock price at any point in time.

Explanation:

The Gordon Growth Model, also known as the Constant Dividend Growth Model, is used to measure the value of the stock at any point in time based on the projected future dividends of the stock. Investors and analysts are commonly used to compare the estimated value of the stock against the current market price. Analysts interpret the gap between the two prices as proof that the stock could be under or overvalued by the market.

8 0

3 years ago