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3 years ago

What is the primary role of our banking system?

Business

2 answers:

Serhud [2]3 years ago

6 0

Answer:

See explanation section

Explanation:

The primary role of the banking system is to accept deposits from the general public so that the money can be given as a loan to the public in an effective way to foster the economy. It is the safest platform where people keep their money to get a bonus while people borrow money to continue operating.

svetlana [45]3 years ago

3 0

Answer:

The primary role of our banking system are discussed below.

Explanation:

The primary role of our banking system

The main functions of the banking system or banks are to deposit and lending loans.
The central bank is the head of all the banks or could say the father of all other banks.
The central bank plays a leading role in the banking system it organizes, runs, supervises, regulates and develops the banking system of the country.

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Enchante Inc., a designer clothing company buys $400 worth of silk from a silk trader, and $30 worth of accessories from Accesso

makvit [3.9K]

Answer:

d $630

Explanation:

Value added approach is a strategy for pricing a product which consider all the costs incurred and and all other factors which can effect the price of the product like how customer sees this product and how much he/she is willing to pay for this product etc.

Price of Designer dress = All cost incurred + Value added to the product

Price of Designer dress = ( 400 + 30 ) + 200 = $630

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2 years ago

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liberstina [14]

Answer:

why now when people still need help alot of help

Explanation:

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3 years ago

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the common stock of salazar insurance pays a constant annual dividend of $4.80 per share. what is one share of this stock worth

kotegsom [21]

Market Price =$36.09,is one share of this stock worth at a discount rate of 13.3 percent.

<h3>Common stock: What does that mean?</h3>

A security that symbolizes ownership in a firm is called common stock. Common stock owners choose the executive board and cast ballots for corporate rules. This kind of stock ownership frequently offers better long-term rates of return. Common stock is not subject to either assets or liabilities.

<h3>How are shares & common stock different from one another?</h3>

Definition: The term "stock" refers to the holder's interest in one or more businesses. A single share of interest in a firm is referred to as a "share" in contrast. For instance, if X has stock investments, X may have a collection of shares from various companies.

<h3>Briefing:</h3>

Market price = dividends per share

P0 = $4.80/.133

P0 = $36.09

Market Price =$36.09

To know more about common stock visit:

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5 0

1 year ago

OKRs can be executed in stages. The first stage would be keyed to a deadline and then then once the project is completed and run

DerKrebs [107]

Answer:

b) false

Explanation:

OKR is a goal-setting method used by companies. It is impleemented using following steps

Communicate the OKR
Choose a tool used for OKR
Organize the Company's OKR
Set the company's OKR
Set every single OKR for teams, departments and Individuals
Make the changes in OKR if required
Approve the OKR
Evaluate the OKR at each period end.

So, the OKR cannot be implemented in a single step and it requires multiple steps.

Hence the given statement is false.

4 0

3 years ago

Victryl Company applies overhead based on direct labor hours. At the beginning of the year, Victryl estimates overhead to be $70

yan [13]

Answer:

correct option is a. $1,700 over head applied

Explanation:

given data

overhead = $700,000

machine hours = 200,000

direct labor hours = 35,000

Feb, direct labor hours = 5,000

Feb, machine hours = 10,000

Feb, actual overhead = $98,300

solution

we know overhead rate that is

overhead rate = $\frac{Budget overhead}{allocation base}$

overhead rate = $\frac{700000}{35000}$

overhead rate = $20 per hours

and in Feb for 5000 direct labor hour

overhead = 5000 × $20 = $100,000

over head applied = $100,000 - $98300

over head applied = $1700

so correct option is a. $1,700 over head applied

8 0

3 years ago