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pashok25 [27]
3 years ago
10

One financial institution is offering a 1% interest rate on savings accounts while another institution is offering a 2% interest

rate on savings accounts. Out of the two financial institutions, which offer would the bank probably be offering
Business
1 answer:
REY [17]3 years ago
7 0

Answer:

1%

Explanation:

One of the way through which banks make profit is by investing in some other financial institutions. The interest on this type of deposit forms a major component of the banks' profit .

We also need to know that the money invested by banks are the deposit made by the banks customers , who in return is also  expecting a certain amount as interest on his deposit.

Based on this explanation , a bank will offer a lower interest rate compared to the financial institution's interest in order to make its share of the of profit on its customers money invested in other financial institution.

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Dillon has a standard of 1.5 pounds of materials per unit, at $6 per pound. In producing 2,000 units, Dillon used 3,100 pounds o
svp [43]

Answer:

$135 Unfavorable

Explanation:

The computation of total variance is shown below:-

For computing the total variance first we need to find out the actual price which is below:-

Actual price = Total cost ÷ Actual quantity

= $18,135 ÷ 3,100

= $5.85 pound

Now,

Total variance = Standard quantity × Standard price - Actual quantity × Actual price

= (($2,000 × 1.5) × $6) - 3,100 × $5.85

= 3,000 × $6 - 3,100 × $5.85

= $18,000 - $18135

= $135 Unfavorable.

3 0
3 years ago
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3 years ago
Getting paid bi weekly how many paychecks do i get , if i lose my job?
Lady bird [3.3K]

If you are getting paid bi weekly it means you get paid every other week, so it depends on how long you have the job.

6 0
3 years ago
Read 2 more answers
Period costs are a.classified as direct labor, direct material, or factory overhead b.not involved in the production process c.f
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Answer:

Not involved In the production process

Eg. Selling expenses or advertising expenses

3 0
3 years ago
The process of identifying other organizations that are best at some facet of your operations and then modeling your organizatio
TiliK225 [7]

Answer:

The correct answer is letter "E": benchmarking.

Explanation:

Benchmarking refers to a study a company makes of the best performers of its industry in an attempt to identify their strategies so they can be compared to the ones of the firm conducting the research. The comparison aims to spot improvement areas and to adapt the good practices according to the business operations. Benchmarking should be conducted periodically by institutions that attempt to keep up to the pace of leading competitors.

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