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3 years ago

Which one of the following is a non-profit financial intermediary?

Business

2 answers:

qwelly [4]3 years ago

8 0

A "credit union" is a non-profit financial intermediary.

A credit union is a member-owned financial cooperative, constrained by its individuals and worked on the standard of individuals helping individuals, giving its individuals acknowledge at aggressive rates just as other money related services.

Around the world, credit union frameworks change altogether as far as all out resources and normal establishment resource estimate, going from volunteer tasks with a bunch of individuals to foundations with resources worth a few billion U.S. dollars and a huge number of members. Credit union work nearby different mutuals and cooperatives participating in helpful keeping money, for example, building social orders.

MrMuchimi3 years ago

6 0

A credit union is a non-profit financial intermediary.

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Information regarding Maxwell’s direct labor cost for the month of January follows: Direct labor hourly rate paid $ 29.20 Total

Umnica [9.8K]

Answer:

std rate $30.64
efficiency variance $6,128.00

Explanation:

We will work the rate variance to obtain the standard rate:

$(standard\:rate-actual\:rate) \times actual \: hours DL \: rate \: variance$

actual rate $29.20

actual hours 11,700

difference $1.44

rate variance $16,800.00

$(standard\:rate-29.2) \times 11,700 = 16,700$

$(standard\:rate= 16,700 \div 11,700 +29.2$

std rate $30.64

Now we can solve for the labor efficiency variance:

$(standard\:hours-actual\:hours) \times standard \: rate = DL \: efficiency \: variance$

std hours 11700

actual hours 11500

std rate $30.64

difference 200

efficiency variance $6,128.00

The diference is positive, sothe variance is favorable.

4 0

3 years ago

The following information pertains to Lance Company.

nalin [4]

Answer and Explanation:

The preparation of the bank reconciliation statement is presented below:

Balance as per bank $8,732.00

Add: Deposit in transit $3,500.00

Less: Outstanding checks -$1,486.00

Adjusted bank balance $10,746.00

Balance as per books $8,768.00

Add: EFT received from customer $2,023.00

10791.00

Less: Service charges -$45.00

Adjusted book balance $10,746.00

5 0

3 years ago

What are the three writing guidlines to follow when writing a resume?

11Alexandr11 [23.1K]

Answer:

Explanation: Keep it to One Page. This is a biggie!

Avoid Spelling or Grammar Errors.

Watch Your Tenses.

Avoid the First Person Pronouns.

Make Sure It's Easy to Read.

3 0

2 years ago

Read 2 more answers

Countess Corp. is expected to pay an annual dividend of $4.57 on its common stock in one year. The current stock price is $73.59

Serjik [45]

Answer:

The cost of equity is 9.91%

Explanation:

The constant growth model of the DDM is used to calculate the price of the share or the fair value per share based on a constant growth in dividends and the required rate of return which is also known as cost of equity.

Plugging in the available values in the formual we can calculate the cost of equity or the required rate of return.

73.59 = 4.57 / (r - 0.037)

73.59 * (r - 0.037) = 4.57

73.59r - 2.72283 = 4.57

73.59r = 4.57 + 2.72283

r = 7.29283 / 73.59

r = 0.0991 or 9.91%

3 0

3 years ago

Read 2 more answers

Product A is normally sold for $9.60 per unit. A special price of $7.20 is offered for the export market. The variable productio

Sophie [7]

Answer:

A. Differential Analysis dated March 16

Reject Accept

Sales revenue per unit $0 $7.20

Variable production cost 0 5.00

Additional export tariff 0 1.08

Total variable costs 0 $6.08

Net income $0 $1.12

B. The special order should be accepted.

2) Product B:

Revenue of $39,500

Variable cost of goods sold of $25,500

Variable selling expenses of $16,500

Fixed costs of $15,000

Operational loss $17,500

Differential Analysis of May 9

Reject Accept

Sales revenue $0 $39,500

Variable costs:

Product $0 25,500

Selling $0 16,500

Fixed costs $15,000 15,000

Total costs $15,000 $57,000

Net loss $15,000 $17,500

B) Product B should be discontinued.

Explanation:

a) Data and Calculations:

Normal selling price per unit of Product A = $9.60

Special order price for the export market = $7.20

Variable production cost = $5.00 per unit

Additional export tariff = $1.08 ($7.20 * 15%)

Total variable production and export costs = $6.08

7 0

2 years ago