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Naya [18.7K]
3 years ago
13

How much do credit unions spend on social media annually?

Business
2 answers:
Fed [463]3 years ago
8 0
An analytical study of over more than 100 credit unions in the United States found that credit unions spend over $550 million annually on social media marketing.
This averages to an amount of $9.92-$14.83 spent per member of credit unions. Credit unions spend such high amounts on social media marketing in order to keep up with and maintain their relevance in the present era of digital marketing.
ValentinkaMS [17]3 years ago
4 0
<span>Credit unions of a moderate size should budget 50k towards their digital media. Smaller credit unions should stick to around 10k. The largest credit unions can spend 100k-1m depending on their size.</span>
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Question 11 (3 points)
Korvikt [17]

Answer:b

Explanation:

I think it is

7 0
3 years ago
Why are the four primary service outputs of spatial convenience, lot size, waiting time, and product variety important to logist
Arada [10]

Answer:

The four primary service outputs should help to eliminate discrepancies.

  • discrepancies in space happen when the location of the products is not the same as the location of the consumers
  • discrepancies in time happen when there is difference between when the product is available for consumption and when the consumers expected to consume the products
  • discrepancies in lot size happen when consumers are expecting one lot size, but the distributed amount is different
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5 0
4 years ago
Bank a has total deposits of $125 million and total reserves of $26 million. the required reserve ratio is 15 percent. the bank
olga2289 [7]

The bank has an excess of $7,250,000. The total deposits maintained by the bank are $125 million. The reserves maintained by the bank are $26 million. The required reserve ratio is 15%.

Total deposits are 125,000,000.

The Required reserve ratio is 15%.

So in actuality, the bank had to maintain a reserve of $18,750,000.

It is maintained a total reserve of $ 26,000,000.

Excess reserve of $7,250,000.

The banks are required to maintain a particular percentage as reserve of the amount deposited with them. Deposit is that amount that the customers maintain with them. The banks make a profit by lending this deposit to other lenders. The bank has to keep an amount as reserve to see that they are able to pay back the customer their deposit amount if required by the customer.

Learn more about reserve and deposits of bank here:

brainly.com/question/15296672

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8 0
2 years ago
Two basketball teams have a game Friday night. Within the first minute, they sell 8 adult tickets and 12 student tickets for a t
Sliva [168]

Answer:

the price adult ticket is $8 and the price of children tickets is $5.

Explanation:

This question can be solved using a simultaneous equation.

Let :

x = price of adult tickets

y = price of children tickets

If 8 adult tickets and 12 student tickets are sold for a total of $124, the first equation would be

8x + 12y = $124

If 16 adult tickets and 23 student tickets are sold for a total of $243, the second equation would be

16x +23y = $243

The two equations are

8x + 12y = 124

16x +23y = 243

To solve, multiply equation 1 by 2 . This gives equation 3

16x + 24y = 248

Now substract equation 3 from 2. This gives y = 5

To find y, substitute 5 with y in equation 1

8 x + 12(5) = 124

8x + 60 = 124

Solve for x

x = 8

Therefore, the price adult ticket is $8 and the price of children tickets is $5.

I hope my answer helps you

3 0
4 years ago
Purchasing stock on credit is called?​
Natalija [7]

Answer:

it's known as a margin call.

Explanation:

Buying on margin is borrowing money from a broker in order to purchase stock. Margin trading allows you to buy more stock than you'd be able to normally.

4 0
3 years ago
Read 2 more answers
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