The Canadian banking system is a conservative system that consists of five main categories. They are:
Chartered banks
Trust and loan companies
Cooperative credit movement
Life insurance companies
Securities dealers
For anyone considering a career in banking in Canada, this list of top banks in Canada is a helpful guide on where to start. To learn more, see our lists of financial institutions.
Answer:
Loss $180,000
Explanation:
Accounts Receivable $6,000,000
Factor fees 3%*6,000,000 $180,000
Loss of $180,000 will be recorded for transfer of receivable without recourse to the factor.
Answer:
The Answer is A
Explanation:
The Total Manufacturing cost is the sum of Direct Material used, Direct Material and Factory Overhead during the period.
Total Manufacturing Cost = $20,300 (Total Direct Materials used) + $25,800 (Direct Labour) + $48,600 (Factory Overheads)
Total Manufacturing Cost= $94,700
Answer:
Tina: Highway Maintenance Worker
Alma: Stationary Engineer
Sean: Home Appliance Repairer
Have a good day :)