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Zepler [3.9K]
3 years ago
9

What is a benefit of online banking

Business
2 answers:
natulia [17]3 years ago
5 0

The answer is: No set business hours

Normal Banks has a limited service hours (usually start on 09.00 am until 05.00 pm). Those who come outside this hours would not be able to use the bank's service. Online banking on the other hand can be use 24/7 since its utilized automated programs to conduct the services.

liberstina [14]3 years ago
3 0
A benefit of online banking is that you can check your account activity anywhere you're at and when ever you want with out having to go personally to the bank. online banking is available 24/7
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Oriole Chemicals Company acquires a delivery truck at a cost of $32,000 on January 1, 2022. The truck is expected to have a salv
emmainna [20.7K]

Answer:

$4,500

Explanation:

Depreciation expense using the straight line depreciation method = (Cost of asset - Salvage value) / useful life

($32,000 - $5,000)/6 = $4,500

The straight line depreciation method allocates the same deprecation expense for each year of the useful life of the asset.

Therefore, the depreciation expense each year would be $4,500.

I hope my answer helps you

4 0
3 years ago
Customers around the world know Pepsi and consider it a primary "go-to" brand if they want a refreshing drink. This positioning
olga_2 [115]

This positioning reflects Pepsi’s careful targeting and marketing mix implementation

Explanation:

However, if you characterize your target market carefully and narrowly, your efforts will work more successfully.

Implementation of Marketing Marketing and action planning blend. There are links between the action plans and marketing mix. That is to say, the risk assessments contain a detailed description of the marketing plan, as well as its objectives and targets , mixed marketing activities, processes and measures of program assessment, budgetary factors and scheduling considerations, and quantitative evaluations.

5 0
3 years ago
Several years ago, the City of Russell issued $7 million of 6 percent serial bonds at 101. Principal payments of $350,000 are du
Sphinxa [80]

Answer:

the interest payable is $210,000

Explanation:

The computation of the interest payable is shown below:

= Principal payments × rate of interest × no of months ÷ total no of months × time period

= $350,000 × 6% × 6 months  ÷ 12 month × 20years

=  $210,000

hence, the interest payable is $210,000

The same should be considered and relevant

8 0
3 years ago
Emerald Printing Company projected the following information for next year:
elena55 [62]

Answer:

$200,000

Explanation:

Selling price per unit = $60.00

Contribution margin per unit = $45.00

Total fixed costs = $150,000

Tax rate = 30%

Contribution margin ratio = Contribution margin ÷ Selling price

                                           = $45 ÷ $60

                                            = 0.75

Hence,

Break-even point =Total Fixed costs ÷ Contribution margin ratio

                              = 150,000 ÷ 0.75

                              = $200,000

5 0
3 years ago
How much would you have to invest today in the bank at an interest rate of 10% to have an annuity of $5600 per year for 7 years,
Shtirlitz [24]

Answer:

PV = $27,263.15

It will be needed to deposit the lump sum of $27,263.15

Explanation:

The question is asking for how much will you need to deposit in a lump sum  today to withdraw for seven years the sum of $5,600 with an interest rate of 10%

In other words it is asking us for the preset value of an annuity of $5,600 with interest of 10%

Using the present value of an annuity formula of $1 we can solve for the present value of that annuity, which is the amount needed to generate this annuity

C * \frac{1-(1+r)^{-time} }{rate}= PV\\

We post our knows value and solve it:

5,600 * \frac{1-(1+0.10)^{-7} }{0.10}= PV\\

PV = $27,263.15

8 0
3 years ago
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