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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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Explanation:

Regulatory statutes regulate practitioners, e.g. doctors, constructors, real estate brokers, dentists, etc., and its main purpose is to protect the general public. This statues are state laws meant to regulate certain professions that may be considered sensitive or hazardous. E.g. a person that pretends to be a doctor can severely injure a patient or even kill him/her. A person that pretends to be a real estate broker can be committing fraud against his/her clients.  

8 0
3 years ago
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Question 5 of 10
kogti [31]

Answer:

the first option is the correct one

8 0
2 years ago
why do private sector firms seeking profit will allocate scarce resources to the production of goods and services and will it be
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Explanation:

Hope this helped.. ;)

8 0
3 years ago
Assume that you are the president of Highlight Construction Company. At the end of the first year (December 31, 2014) of operati
yaroslaw [1]

Answer:

   The answer is given below;                                                                      

Explanation:

   Highlight Construction Company  

   Summarized Income Statement

   For the year December 31, 2014

                                                                     Amount in $

Sales Revenue                                        117,000

Expenses                                                  (86,200)

Net Income before taxes                          30,800

Income Tax Expense (30,800*30%)          (9,240)

Net Income                                                  <u>21,560</u>

As per requirement of the question, only summarized income statement is prepared.

                                                                                                                                                         

5 0
3 years ago
Identify the examples of talents. Check all that apply. Angelica knows how to fly an airplane Orlando has good eyesight. Mabel h
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In this case flying a plane and having good grades are great talents.

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4 0
2 years ago
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