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4 years ago

What is a major difference between retail banks and credit unions?

Business

2 answers:

Strike441 [17]4 years ago

8 0

Answer:

The main difference between a retail bank and a credit union is that retail banks are for profit organizations while credit unions are non-profit organizations.

Credit unions are usually owned by their members, and not by shareholders. While retail banks are usually owned by shareholders.

Retail banks can service anyone, while credit unions only service their members.

SOVA2 [1]4 years ago

8 0

Answer:

Retail banks operate in order to earn profit, while credit unions are nonprofit.

Explanation:

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10. The assembly worker reached for an Allen wrench in the workplace, hesitating momentarily while searching for the correct siz

Yuri [45]

Answer:

Explanation:

The list can be seen below.

Sequ Therblig Therblig Description

ence symbol name

1 TE Transport empty $\text{Reach for the Allen wrench in the workplace}$

2 St select $\text{ Select the correct size}$

3 G Grasp $\text {Grasp the Allen wrench}$

4 TL Transport loaded $\text{Pick up and move Allen wrench toward screw}$

5 P Position $\text{Position Allen wrench into hexogonal socket}$

6 RL Release $\text{Release grip on Allen wrench}$

7 TE Transport Empty $\text{Move wrist and finger in preparation for turning}$

8 U Use $\text{Twirl Allen wrench with one continuous motion}$

9 TE Transport empty $\text{Reposition wrist and hand}$

10 G Grasp $\text{Grip Allen wrench in preparation for tightening}$

11 U Use $\text{Tighten screw with Allen wrench}$

8 0

3 years ago

Orion would like to go on a trip to Ireland in two years. He wants to have $3,000 for the trip, so he is planning to invest mone

denis-greek [22]

Answer:

The answer is: If Orion wants to have $3,000 in two years, he must invest $2,572.02 today

Explanation:

To determine how much money Orion has to invest today in order to have $3,000 in two years, considering he will get an 8% compound interest rate, we can use this formula:

P = FV / (1 + r)²

Where:

FV = $3,000
r = 8%

P = $3,000 / (1 + 8%)²

P = $3,000 / 1.1664

P = $2,572.02

4 0

3 years ago

Pillar Company owns 70 percent of Salt Company's outstanding common stock. On December 31, 20x8, Salt sold equipment to Pillar a

emmainna [20.7K]

Answer:

C. Pillar's original cost less Salt's recorded gain

Explanation:

For physical assets, that is in the form of machineries or computer hardware or in this case, equipment, we can calculate the carrying cost to be the original cost minus accumulated depreciation.

in answer to this question, the carrying amount of the equipment should be reported at Pillar's original cost less Salt's recorded gain.

4 0

3 years ago

MARKING BRAINIEST

Luba_88 [7]

Answer:

Sales

Explanation:

S stands for sales. The moving averages formula uses sales figures from the previous periods to forecasts future sales. For example,

say, sales for 2015 were 100; 2016 were 120; 2017 were 110; and 2018,..130. Using the formula, the forecast for 2019 will be

Forecast 2019 = Sales 2015 + Sales 2016+ Sales 2017+ sales 2019 / 4

Forecast 2019 = 100 + 120 +110 + 130 / 4

Forecast 2019=115

8 0

3 years ago

Read 2 more answers

Rent payments that are processed through a third-party network after March 11, 2021, should be reported to the taxpayer on:

pogonyaev

After March 11, 2021, such rent payments as described above should be reported on Form 1099-MISC, Miscellaneous Information.

The subject of rent payments made through third party networks is covered under the American Rescue Plan Act which:

Was signed by President Biden on March 11, 2021.
Clarifies the scope of Form 1011-K.

The Act shows that when rent payments are made through third-party networks, they should be treated as miscellaneous information and reported on Form 1099-MISC.

Find out more on Form 1099 at brainly.com/question/25485090.

7 0

2 years ago