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Bank of America (NYSE:BAC) has had its fair share of missteps over the past decade, but it's also had successes. Topping the list for the latter is the progress it's made in mobile banking, which has enabled the bank to slash operating expenses in its consumer banking segment.
You can get a sense for Bank of America's success in this regard by looking at the number of people who use its mobile application. In the most recent quarter, the bank boasted 19.6 million active mobile users. That's five times the number it had in 2009. To put this in perspective, Bank of America has 60 million total clients within 45 million households.
The impact on Bank of America's transaction mix has been dramatic. Mobile check deposits are up by a factor of 10 since 2012, and now account for 16% of all deposit transactions at the North Carolina-based bank. If you also factor in ATM transactions, two-thirds of Bank of America's deposit transactions are now automated. That compares to only 35% in 2009.
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<h2>In this case,the answer would be the the last option among the answer list or options given in the question or Develop knowledge of the firm and the quality of management.</h2>
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- The steps of any financial statement analysis involve preparation of pro-forma financial statements which contain the future predictions about the financial situations or the cash flow scenario of any company or business organisation.
- Another step of the analysis is a thorough industrial analysis in the context of any company or business organisation's particular product or service.This construes a profound and detailed evaluation of the value chain of the concerned product or service manufactured and sold by the company or the organisation.
- An extremely important step of the financial statement analysis is to identify the primary objectives of such analysis and to which concerned stakeholders or entities it will impact and in what way/s.It also sets the required materials or resources needed for the analysis and predictable amount of time required to conduct the analysis.
- However,financial statement analysis does not apparently warrants any analysis of the administrative or management qualities of any company or business organisation.It only concerns those activities or operations conducted by the firm or company which eventually directly or indirectly relates to the financial operation and cash flow scenario of the firm or company.
Answer: I’m having a Halloween party with my parents and family because you know ya girl ain’t trying to get sick
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D. lifestyle centers
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The lifestyle centers refer to the shopping malls that contains the open -air configuration of upscale specialty stores having facilities like food court, shopping purpose like accessories, clothing, footwear , entertainment by playing the games available in the malls and clubs, etc
So this center are very convenient for shoppers for enjoying and entertaining