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Nezavi [6.7K]
3 years ago
14

Banks make a profit by __________.

Business
2 answers:
7nadin3 [17]3 years ago
6 0
Banks make profit by making loans at a higher interest rate than it costs them 
to obtain the money charging fees for their services, 
investing in government securities, and
paying a higher interest rate than they pay their depositors. Therefore, the correct answer would be all of the above, the last option. 
Tomtit [17]3 years ago
4 0

Answer:

<u><em>The answer is</em></u>: <u>1. Make loans at a higher interest rate than it costs. </u>

<u>2.- To obtain the money that charges fees for their services. </u>

<u>3.- Invest in government securities.</u>

Explanation:

<u>The fundraising operations, called passive operations, are materialized through the deposits</u>.

1.- The banks generate new money from the money or the resources that they obtain through the collection and, with these, they grant credits to the people, companies or organizations that request them. For giving these loans the bank charges, depending on the type of loan, amounts of money called interest and commissions.  

2.- At present, the change in the needs of companies, families and institutions, has led the banking activity to the services, which become its main source of income.

3.- Banks are also the main participants in the government stock market.

<u><em>The answer is</em></u>: <u>1. Make loans at a higher interest rate than it costs. </u>

<u>2.- To obtain the money that charges fees for their services. </u>

<u>3.- Invest in government securities.</u>

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Select the correct answer.
34kurt

Answer:

I would say B

Explanation:

because like you need to be nice to everybody like its just the right thing to do and plus those existing customers might just be the ones who help u along the way u never know

hoped this helped lmk if it did

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Which of the following most accurately describes a podcast?​ a. ​A multiplayer, competitive activity b. ​An interactive version
hichkok12 [17]
C. A podcast is a prerecorded usually audio about someone discussing a subject.
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3 years ago
Product A is normally sold for $9.60 per unit. A special price of $7.20 is offered for the export market. The variable productio
elixir [45]

Answer:

A. Reject (Alternative 1) $0.00

Accept (Alternative 2) $1.12

Differentials Effect on income (Alternative 2) $1.12

B. Accepted (Alternative 2)

Explanation:

a. Preparation of a differential analysis dated March 16 on whether to reject (Alternative 1) or accept (Alternative 2) the special order.

DIFFERENTIAL ANALYSIS

Reject (Alternative 1) or Accept (Alternative 2)

March 16

Reject Accept Differentials Effect on income

(Alternative 1) (Alternative 2) (Alternative 2)

Revenue per unit $0.00 $7.20 $7.20

Costs:

Variable manufacturing costs per unit

$0.00 -$5.00 -$5.00

Export tariff per unit

$0.00 -$1.08 -$1.08

($7.20*15%=$1.08)

Income (Loss) per unit $0.00 $1.12 $1.12

b. Based on the above differential analysis

the special order should be ACCEPTED (Alternative 2).

5 0
3 years ago
A firm has actual sales in November of $1,000 and projected sales in December and January of $3,000 and $4,000, respectively. Th
Valentin [98]

Answer:

(B) $2,100

Explanation:

5 0
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Read 2 more answers
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Answer:

$200

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When Supplies inventory are purchased, a debit is posted to Supplies inventory and a credit to cash account or accounts payable.

As the inventories are used, debit Supplies expense and credit Supplies inventory account.

Given that $1,000 was the debit in the books and $800 per count, it means the books balance needs to be written down to the physical balance. The difference to be posted

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= $200

This will be done by

Debit Supplies expense  $200

Credit Supplies Inventory  $200

Being entries to record inventory used in July

4 0
3 years ago
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