All categories

3 years ago

What is one example of service that a bank or credit offers

1 answer:

5 0

a credit unionis a financial institution that is owned and controlled by its members rather than shareholders. The members of the credit union pool their deposits and provide loans and other financial services to each other.

You might be interested in

When listing a reference on your resume, you should: A) Use a fancy font and eye-catching color B) Not list references on your r

Alex777 [14]

The answer is Most Likely b.

5 0

3 years ago

I need help writing a witness statement. I am a domestic abuse therapist in a mock trial and i need to write a witness statement

Aloiza [94]

U should say that anyone who heard the screaming and the bumps in the house then u should come forward and then u can testify against him or her

6 0

3 years ago

You are to make monthly deposits of $700 into a retirement account that pays an APR of 10.2 percent compounded monthly. If your

Orlov [11]

Answer:

$20,41,995.21

Explanation:

The calculation of retirement account value is given below:-

Monthly deposit 700 pmt

Interest rate 0.102

years 32

Compounding per year 12

Monthly interest rate 0.0085 rate

Number of periods 384 nper

The formula is shown below

=FV(rate,nper,pmt,pv)

After applying the formula the Retirement account value is $20,41,995.21

and for better calculation please find the attachment.

8 0

3 years ago

Presented below is information related to Wise Company at December 31, 2017, the end of its first year of operations.

Elenna [48]

Answer and Explanation:

The computation is shown below:

Sales revenue $775,000

Less: Cost of goods sold 350,000

Gross profit 425,000

Less: Selling administrative expenses 125,000

Income from operations 300,000 (a)

Income from operations

Other revenues and gains

Add: Gain on sale of plant assets 75,000

Other expenses and losses

Income before other expenses and losses 375,000

Less: Interest expense 15,000

Income from continuing operations 360,000

Less: Loss on discontinued operations (30,000)

Net Income 330,000 (b)

Net income

Less: Allocation to noncontrolling interest (100,000)

Net income attributable to controlling shareholders $230,000 (c)

Net income $330,000

Add: Unrealized gain on available-for-sale investments 25,000

Comprehensive income $355,000 (d)

e. Retaining earnings opening balance $0

Add: Net income $330,000

Less: Dividends (12,000)

Closing Retained earnings $318,000 (e)

7 0

3 years ago

Taxpayers have a choice of deducting the standard deduction or their itemized deductions. therefore, blank______ agi deductions

KonstantinChe [14]

Itemized deductions are thought to benefit more taxpayers because they can be claimed if the total is higher than the standard deduction.

You can deduct what you paid in real estate taxes, personal property taxes, state and local income or sales taxes, mortgage interest, and disaster losses when you itemize your deductions. You can also count charitable contributions and a portion of the money you spent for health and dental care.

If you itemize your taxes, do you get a bigger refund?

The standard deduction may be exceeded by itemized deductions. The more you may deduct, the less tax you'll owe, which is why some people itemize their deductions because the sum of their itemized deductions exceeds the basic deduction. There are numerous deductions that could be made.

To know more about itemized deductions

brainly.com/question/3598381

#SPJ4

8 0

1 year ago