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jekas [21]
3 years ago
6

A major distinction between a conventional bank and an Islamic bank is that Islamic banks Group of answer choices are supposed t

o refrain from making a profit through any source. are allowed to charge higher interest rates on loans. cannot pay or charge interest. are not subject to any form of law.
Business
1 answer:
yuradex [85]3 years ago
5 0

Answer:

cannot pay or charge interest

Explanation:

Islamic banks do not charge interest. The banks are based on Sharia law. Islamic banks make a profit through equity participation.

I hope my answer helps you

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Becky heads the finance team of Herald Inc. Whenever her team’s work is commended, she takes all the credit. On the other hand,
Rufina [12.5K]

Answer:

The self-serving bias

Explanation:

Self serving bias is a behavioral pattern where an individual takes the glory for the positive outcome of a team work but transfer blames to other members of the team if the outcome is poor.

It is a defense mechanism to shield self esteem  by refusing to take responsibility for ones action. He / She only acknowledges strength but turn blind eyes to lapses.

It is mostly influenced by age , gender and ego

7 0
4 years ago
Which element of a high-performance work system determines how the details of the organization's necessary activities will be gr
mario62 [17]

Answer:

E) task design

Explanation:

Task designs gives information on how various tasks need to be grouped and who has to perform those, etc and thus determines how the details of the organization's necessary activities will be grouped.

3 0
3 years ago
Suppose that Japan can produce 5 cars in 8 hours and 15 HD TVs in 10 hours. The US can produce 5 cars in 6 hours and 15 TVs in 5
ICE Princess25 [194]

<u>Answer:</u>

<u>If there is 1 hour of production:  </u>

Cars produced by Japan = 5/8 = .625 cars  

HD TV produced by Japan = 15/10 = 1.5 HD TVs

Further,

Cars produced by US = 5/6 = .83 cars

HD TV produced by US = 15/5 = 3 HD TVs

So,

Opportunity cost of a car for Japan = 1.5/.625 = 2.4 units of HD TVs

Opportunity cost of car for US = 3/.83 = 3.61 units of HD TV

Since, Japan has lower opportunity cost of producing cars, so Japan has comparative advantage in producing cars.

Opportunity cost of a HD TV for Japan = .625/1.5 = .42 units of car

Opportunity cost of a HD TV for US = .83/3 = .28 units of car

Since US has lower opportunity cost of producing HD TVs, so US has comparative advantage in producing HD TVs.

7 0
3 years ago
Ingraham Inc. currently has $205,000 in accounts receivable, and its days sales outstanding (DSO) is 71 days. It wants to reduce
Mashcka [7]

Answer:

$125,165.49

Explanation:

Daily Sales Outstanding is computed by dividing Average Accounts Receivable over Daily Credit Sales.

In this case, if the DSO is 71, then the Daily Credit Sale is $2,887.3239($205,000/71).

Then, the old sales is $1,053,873.24 ($2887.3239 x 365).

If this is reduced by 15% after the policy is implemented, the new sales is $895,792.25 ($1,053,873.23-15%) and the new daily sales is $2,454.23 ($895,792.25/365).

Using these DSO formula, the new Accounts Receivable level will be $125,165.49 (51 x $2,454.23).

4 0
4 years ago
The manager of a manufacturing company knows that they will need a new machine in one of their factories. The new machine will c
s2008m [1.1K]

Answer:

The company will make monthly payments of $299.71 for three years.

This means a total payments of $10,789.60 after the 36th month with an interest charge of $164.60.

Explanation:

a) Data and Calculations:

Cost of new machine = $12,500

Down Payment 15%  =       1,875

Amount financed through a credit union = $10,625

Interest rate charged by the credit union = 1% per year compounded monthly.

From an online finance calculator:

Monthly Payment = $299.71

Sum of all periodic payments = $10,789.60

Total Interest = $164.60

4 0
3 years ago
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