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JulsSmile [24]
3 years ago
7

For many years you have been using your local, small-town bank. One day you hear that the bank is about to be purchased by Bank

of America. From your vantage point as a retail bank customer, what are the costs and benefits of such a merger?
Business
1 answer:
kari74 [83]3 years ago
7 0

Answer:

If I was banking with my local town bank and it happens that Bank of Africa purchases it, there are cost and benefits associated with the merge. First, Bank of America is global, meaning that I will be able to access the Services such as ATM services at different points. Second, due to its area of coverage, the services are cheaper compared to the ones I got when it was in my local town. However, due to the monopoly of the bank, they might increase the charges making them more expensive than when the services in the local village. Additionally, it will be a challenge for average customers, such as farmers, to access big banks unless faithful people accompany them.

Explanation:

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Consider a household consisting of four college friends. The friends have made a commitment to live together for the next five y
Alinara [238K]

Answer:

Explanation:

Omaha Miami

Earnings Earnings Value of Quality Life Expense to Move to Miami Net Value Difference in Value

Alex 200000 180000 40000 5000 215000 15000

Bobby 120000 150000 40000 5000 185000 65000

Cory 315000 300000 25000 5000 320000 5000

Dana 150000 100000 25000 5000 120000 -30000

Tied mover – any person who moves with their partner even if the person's employment is better at the present location.

Assuming all the friends agree on moving to Miami, Dana will compromise in value, therefore, Dana is the Tied Mover.

Tied Stayer – any of them who stays with the partner at current location even if the person's employment opportunity is better somewhere else.

Assuming all the friends decided to be in Omaha, Alex, Bobby and Cory will compromise in value, therefore, Alex, Bobby and Cory are the Tied Stayers.

8 0
3 years ago
Avril Company makes collections on sales according to the following schedule: 40% in the month of sale 56% in the month followin
olga2289 [7]

Answer:

Total cash collection= $158,000

Explanation:

Giving the following information:

40% in the month of sale

56% in the month following sale

4% in the second month following sale

Sales:

January $210,000

February $160,000

March $150,000

<u>Cash collection:</u>

From March= 150,000*0.4= 60,000

From February= 160,000*0.56= 89,600

From March= 210,000*0.04= 8,400

Total cash collection= $158,000

8 0
3 years ago
Read 2 more answers
The following amounts were taken from the financial statements of Plant Company: 2012 2011 Total assets $800,000 $1,000,000 Net
adell [148]

Answer: 27 times

Explanation:

Market price of common stock = $67.50

Net income = 150,000

Weighted average number of common shares outstanding = 60,000

Value of each shares = 150,000 / 60,000 = $2.5 per share

The price Earnings ratio will then be:

= market price per share / earnings per share

= $67.50 / $2.50

= 27 times

8 0
3 years ago
How does a sieve or colander demonstrate the property of selective permeability?
mars1129 [50]

<span>Selective permeability means that only certain sizes of objects can get through. Sieve or colander allows the passage of objects that are smaller than the mesh, while it selects against larger objects. The selective permeability of a membrane is like to some membranes which only allow glucose to pass through while sucrose which is larger is prohibited.</span>

7 0
4 years ago
What is a frame called that is intended for only one individual computer?
Luda [366]
A frame that is intended for only one individual computer is called a UNICAST.
Unicast is used for communication between a single sender and a single receiver over a network.
7 0
3 years ago
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