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Art [367]
3 years ago
6

Suppose you were living during the Great Depression. How might the events of that era have affected your future banking decision

s?
Business
1 answer:
Anastaziya [24]3 years ago
7 0

Many older individuals who lived through the Great Depression do not trust banks because there were "runs" on the bank where they did not have enough cash on had to facilitate customers who wanted to withdraw their money.

There may be a lingering distrust of the banking system as a result.

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Kid’s Corner sells lamp systems for $25. These systems use LEDs to create a light display across walls or ceilings. Kid’s Corner
tatiyna

Answer:

a. Breakeven point: 1,500 units.

b. Kid´s Corner would have to sell 2,333.33 units to earn $10,000 in operative income.

Explanation:

a. breakeven point in units=\frac{fixed costs}{Total sales revenue - Cost to make product}

breakeven point= =\frac{18,000}{25-13}=1,500 units

b. Operating income =  Total revenue - direct costs-indirect costs

$10,000=$25*X-$13*X- 18,000

Where X is the amount of units to sell

Isolating X from the equation, we have:

12X=28,000

X=28,000/12

X= 2,333.33

4 0
3 years ago
A warranty protects consumers against what? A. Defective or damaged products B. Government regulations C. Anticompetitive behavi
nirvana33 [79]

Answer:

C. Anticompetitive behaviors

Explanation:

A warranty protects consumers against anticompetitive behaviors.

6 0
3 years ago
I am ready to kill anyone who would interfere with your coronation--even i laksmana
Anvisha [2.4K]
May i ask what kind of question or statement is this? im not trying to be rude or anything.
8 0
4 years ago
Assume initially that market interest rates are 7% and the bondholder is receiving a $70 coupon payment per year on a bond with
Dominik [7]

Answer:

$875

Explanation:

Generally, the relationship can be expressed as interest rate = Coupon Payment / Face Value.

Initially a 7% market rate a investor gets 7% which gives a coupon payment of  $70 because the face value of 1000.

Hence 70/1000 = 7%

Subsequently with the interest rate change, we can look for the bond price.

Substitute 8% for the interest rate and find the revised bond value which will fall as rate increases

$70/bond price = 8%

Then $70/ bond price = 0.08

0.08 x bond price = $70

bond price = $70 / 0.08 = $875

6 0
4 years ago
A hospital uses a paper-based system. its kitchen staff prepares meals for everyone who is a patient in the hospital as of midni
Alenkasestr [34]
<span>The hospital could adapt </span>an enterprise process so that the kitchen staff is more efficient and doesn't waste food on patients who have already been discharged .
The enterprise process is type of process model which provides high-level-view and describes the full end‐to‐end activity <span>needed to create the service or product of the process. </span>
8 0
3 years ago
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