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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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Bric Autos Inc., a Campora-based automobile company, made a capital investment of $300,000 to set up production units and distri
MrMuchimi

The given investments are best known as Foreign direct investments .

<u>Explanation: </u>

Foreign direct investment (FDI) is an offer made by an individual Situated in some other nation in the context of holding ownership of an enterprise in one country. Therefore, the principle of direct control separates itself from an investment in a foreign fund.

For open markets instead of regulated equity markets, FDIs are widely used.

Types of Foreign direct investment are horizontal, vertical and multinational. In another region, Horizontal defines the same company category, while vertical is related but separate, and conglomerates are different firms.  

FDI to the US is continuously tracked by the Bureau of economic analysis.

The example of an FDI is Apple's venture in China.

7 0
3 years ago
Assume that the full-employment level of output is $2,000 and the price level associated with full-employment output is 100. Als
olya-2409 [2.1K]

Answer:

The correct answer is option a.

Explanation:

The full-employment level of output is $2,000.

The current level of output is $1,900.  

The current aggregate demand is $1,850.  

There is a need to increase the aggregate demand by $150 to reach full employment level.  

The government increases purchasing by $30.  

Increase\ in\ income\ =\ Change\ in\ government\ spending\ \times\ spending\ multiplier

\$ 150\ =\ \$ 30\ \times\ \frac{1}{1-MPC}

\$5 = \frac{1}{1-MPC}

1 - MPC = \frac{1}{5}

MPC = 1 - 0.2

MPC = 0.8

6 0
3 years ago
Assuming a current ratio of 1.00 and an acid test ratio of .75 how will the purcahse inventory with cash affect each ratio
MAVERICK [17]

The current ratio will remain the same as 1 only

The acid-test ratio will decrease.

  • The current ratio will stay the same because there won't be a change in current liabilities, and the change in current assets won't have any net consequences because the asset will grow due to an increase in inventory, but it will also decrease by the same amount due to a decrease in cash, so the current ratio will stay the same.
  • The acid-test ratio will decline since the numerator will shrink owing to a cash shortage, and the growth in inventory won't be taken into account because current assets aren't included in this ratio.

Learn about more acid-test ratios here

brainly.com/question/25814739

#SPJ4

8 0
1 year ago
Discuss the propriety of showing: a) treasury stock as an asset - b) ""gain"" or ""loss"" on sale of treasury stock as additions
r-ruslan [8.4K]

Answer:

a. Treasury stock cannot be shown as an asset because a company cannot buy itself.

b) Gain or loss on sale of treasury stock is not to be treated as income, it should be added or subtracted from share capital because it is a capital transaction.

c). Treasury stock is not an asset. Dividends received from treasury stock cannot be treated as income, it is only assets that generates income.

Explanation:

When corporations for some strategic reasons and the desire to maintain and stabilize the shareholders wealth decide to buy back some of its shares, that is what is known as treasury stock. It is also called reacquired stock

a. The treasury stock is like a corporation acquiring itself, so it cannot be shown as an asset, it is only a reclassification within the same balance sheet.

b. Gains or loss on sale of treasury stock is not an income transaction, it is a transaction that affects the share capital of the corporation and must be charged to the share capital not the income.

c. Since treasury stock is not an asset, dividend received on treasury stock is not to be treated as income, it is only assets that generates income. it should affect retained earnings.

6 0
3 years ago
Luther Corporation Consolidated Balance Sheet December​ 31, 2006 and 2005​ (in $​ millions) Assets 2006 2005 Liabilities and ​St
jeyben [28]

Answer:

Luther Corporation

Current Ratio for 2006 is closest to:

1.1 : 1

Explanation:

a) Data and Calculations:

Total Current Assets = $144 million

Total Current Liabilities = $132 million

Current Ratio = Current Assets/Current Liabilities

= $144/$132

= 1.1 : 1

b) Luther Corporation's current ratio is a liquidity measure that shows Luther's ability to pay off short-term obligations worth $132 million or those due within one year with its current assets of $144 million.  The ratio tells investors and analysts of Luther Corporation how Luther can use its current assets to pay off its current debts.  Since Luther's current ratio is higher than 1, it is considered good, depending on the industry average.  This means that Luther's current ratio of 1.1 : 1 should not be considered in isolation, but in comparison with other firms in the industry and its performance over a number of years.

6 0
2 years ago
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