Credit unions are typically nonprofit, Savings and loans are for profit, and initially operated for depositors, but over the past 30 years have made numerous loans to nondepositors.
Commercial banks are often privately owned, but my be listed corporately owned, and are not operated for depositors. They do not, to my knowledge, pay profits in dividends, but ownership interests may vary.
Mutual savings banks are the savings depositories that are owned by depositors and distribute profits/dividends among the depositors.
Answer:
The value of a business as a whole, over and above the value of its net identifiable assets.
Explanation:
Goodwill arises when a company acquires another entire business. . Goodwill represents assets that are not separately identifiable. The goodwill represents non tangible future value.
Answer:
Explanation:
Total revenue is the amount of money you got for selling all of your products/services.
Marginal revenue is the amount of money you got for selling the last unit of goods or services.
Answer:
D). Global
Explanation:
The firms adopting a standardized global strategy possesses a higher level of ambiguity in performance in comparison to the firms pursuing other different strategies as the range is quite broad and therefore, the uncertainties are higher. Such firms possesses a higher level of ambivalence as a single product may not be suitable to the demands and interests of the people globally which is a key assumption in global standardized strategy. Thus, <u>option D</u> is the correct answer.
Answer:
Find explanations below:
Explanation:
It must be understood that cash flow does not necessarily imply profit or loss.
A company may have been experiencing positive cash flows due selling mostly on a cash basis, whereas the price charged is lower than cost of per unit,hence it would have high amount of cash, whereas the bottom-line is nothing to write home about.
The cash paid on retirement which is $411,000 would impact financing activities as an outflow.
The $3000 unamortized discount would be deducted from net income