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3 years ago

What are the different types of banking institutions

Business

1 answer:

Otrada [13]3 years ago

5 0

Central Banks, Retail Banks, Commercial Banks, Shadow Banks, Investment Banks, Cooperative Banks, Credit Unions.

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An increase in supply for corn is greater in magnitude than the increase in the demand for corn. As a result, the equilibrium pr

V125BC [204]

Answer:

Equilibrium price will DECREASE and equilibrium quantity will INCREASE

Explanation:

6 0

3 years ago

A firm pursuing a strategy based on customization and variety will tend to structure and manage its supply chain to accommodate

Neko [114]

Answer:

A firm pursuing a strategy based on customization and variety will tend to structure and manage its supply chain to accommodate more _variation__ than a firm pursuing a strategy based on low cost and high volume

Explanation:

The variation of the product means any change which changes the "physical attributes of an item" or the terms in which it is marketed "as altering the colour of a sugar pack. This is achieved by companies to increase their own market share.

8 0

3 years ago

Market economies operate on the principle of supply and demand.

asambeis [7]

I think that the stament given above is true, as this principle <span>lets business survive or fail without much interaction from the government.</span>

6 0

3 years ago

1. Standard Oil of Connecticut, Inc., sells home heating, cooling and security systems. Standard schedules installation and serv

Yuki888 [10]

Answer:

The installers and experts are self employed because;

Standard Oil of Connecticut, Inc has no influence over the work other than finishing the venture by a specific time and the installers and experts can pick the days wherein they need to work.
The installers and specialists are occupied with various business as the business is into deals and The installers and experts are into administration.
The work isn't done heavily influenced by business. Professionals and installers are not managed by Standard Oil of Connecticut, Inc and they don't assess their work.
The devices are not given by the business and the installers and experts utilize their own gear and instruments.
The installers and experts are utilized for a specific time-span till the fulfillment of the undertaking and are not utilized for long.
The strategy for installment is through a set rate for every venture and not by time-frame.
The installers and professionals are authorized and affirmed by the state and are having particular abilities which are not increased through the business.

Every one of these conditions fulfill the necessities of self employed entity as indicated by measures utilized by the courts and doesn't fulfill the standards of representative.

5 0

3 years ago

Comparing costs under ABC to traditional plantwide overhead rate LO P1, P3 Smythe Co. makes furniture. The following data are ta

erastovalidia [21]

Answer:

Chairs= $2.805

Tables= $2.25

Explanation:

Giving the following information:

Hazardous waste disposal costs= $630,000

Production:

Chairs= 211,000

Tables= 17,000 units

Direct labor hours required:

Chairs= 254,000 DLH

Tables= 16,400 DLH

Total DLH= 270,400

First, we need to calculate the estimated overhead rate:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 630,000/ 270,400

Estimated manufacturing overhead rate= $2.33 per direct labor hour

Now, we can allocate overhead to each product line:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Chairs= 2.33*254,000= $591,820

Tables= 2.33*16,400= $38,212

Finally overhead per unit:

Chairs= 591,820/211,000= $2.805

Tables= 38,212/17,000= $2.25

3 0

3 years ago