1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vedmedyk [2.9K]
3 years ago
5

How does PDIC provides insurance?

Business
1 answer:
slamgirl [31]3 years ago
7 0

Answer: Philippine Deposit Insurance System.

Explanation:

It is a private equity deposit insurance corporation created in 1963. Corporation was established to promote and safeguard the interests of the public who take out insurance coverage on all insured deposits. The corporation aims to strengthen the mandatory deposit insurance system. The mission of the corporation is to create greater confidence in the country's banking system and create greater security for all service users. Deposit Insurance provides a maximum deposit insurance coverage of PHP 500,000 per depositor per bank. The Deposit Corporation is a corporation primarily through banks' estimates at an annual fixed rate of 1.5% of 1% of their total deposit liabilities. All accounts maintained by the bank are covered by deposit insurance. PDIC exists for reasons to protect their depositors by providing them with deposit insurance services. All member banks of this group provide these services.

You might be interested in
Write a summary of the following passage: Full-time employees earn vacation days at the rate of one day per month, or twelve day
Oduvanchick [21]
Full time employees are allowed a vacation they earned at the rate of one day per month at anytime, with a request submitted at least three business days minimum before the vacation period. failure to submit  within the this time frame might cause denial of the vacation.
3 0
3 years ago
Give the meaning and important aspects of the process of globalisation.​
kherson [118]

Answer:

Globalization by definition is that process that the business or n organisation begins to operate on an international standards.It involves interactions amongst individuals , institution and even the government.

There are 4 basic aspects of globalization

1.Dissemination of knowledge.

2.Migration and movement

3.Capital and investment movement

4.Trade and transctions.

Explanation:

1.in the first point , we view globlisation as a measure in the changes of the human heritage by the aspect of knowledge.people's world wide ideologies are disseminated by varoious means far and wide, in the whole world.

2.Globalization has caised movement, through migrationa socioeconomic as well as the political relations is created along the borders.Movement has caused people to be more difficult to controlband also people have been dislocated.

3.These terms are commonly used to describe the economy .capitalism is the private ownership as opposed to ownership by the government.

4.Trade and teansactions has caused tremendous improvements across the globe, in a way, it has led creating jobs, increaeing thw workers salaries amongst other factors .conversely , trade transactions has caused social disruptions and as a result number of businesses are lost.

6 0
2 years ago
Two accountants for the firm of Elwes and Wright are arguing about the merits of presenting an income statement in a multiple-st
eduard

Answer:

<u>Part a</u>

Blossom Company

Income statement for the year 2014 - multiple-step form

                                                                                                            $000

Sales revenue                                                                                   97,088

Less Cost of goods sold                                                                   (61,158)

Gross Profit                                                                                        35,930

Less Operating Expenses :

<u>Administrative expense</u>

Officers' salaries                                                           5,488

Depreciation of office furniture and equipment         4,548         (10,036)

<u>Selling expense :</u>

Delivery expense                                                         3,278

Sales commissions                                                      8,568

Depreciation of sales equipment                               7,068          (18,914)

Operating Income (Loss)                                                                  6,980

Less Non Operating Expenses :

Income tax                                                                     9,658

Interest expense                                                            2,448      (12,106)

Net Income (Loss)                                                                            (5,126)

<u>Part b</u>

Blossom Company

Income statement for the year 2014 - single-step form

                                                                                                            $000

Sales revenue                                                                                   97,088

Less Cost of goods sold                                                                   (61,158)

Gross Profit                                                                                        35,930

Less Expenses :

Officers' salaries                                                          5,488

Depreciation of office furniture and equipment        4,548        

Delivery expense                                                         3,278

Sales commissions                                                      8,568

Depreciation of sales equipment                               7,068        

Income tax                                                                    9,658

Interest expense                                                          2,448         (41,056)

Net Income (Loss)                                                                             (5,126)

Explanation:

The multiple-step form shows the Operating Income and Net Income separately by grouping expenses as either operating and non-operating expenses.

The single-step form shows all expenses under one category and no grouping of expenses as either operating or non-operating.

4 0
3 years ago
What is an important quality that promotion and marketing managers need to have?
777dan777 [17]

Answer:

well they need to have good marketing to get poeples attention and making them want to invest in such thing

8 0
2 years ago
Hoi Chong Transport, Ltd., operates a fleet of delivery trucks in Singapore. The company has determined that if a truck is drive
Anvisha [2.4K]

Explanation:

The computation of the fixed cost and the variable cost per hour by using high low method is shown below:

Variable cost per hour = (High Operating cost - low operating cost) ÷ (High driven in kilometers - Low driven in kilometers)

where,

High operating cost = 114,000 km × 12.7%

= $14,478

Low operating cost = 76,000 km  × 14.8%

= $11,248

So,

= ($14,478 - $11,248) ÷ (114,000 km - 76,000 km)

= $3,230 ÷ 38,000 km

= $0.085 per km

Now the fixed cost equal to

= High operating cost - (High driven in kilometers × Variable cost per km)

= $14,478 - (114,000 km × $0.085)

= $14,478 - $9,690

= $4,7882

2. The equation is as follows

Y = a + bx

So,

Total cost = $4,788 + 0.085X

3.

Y = a + bx

   = $4,788 + 0.085 × 95,000

   = $4,788 + $8,075

   = $12,863

5 0
3 years ago
Other questions:
  • Randy works 50 weeks a year, averaging $500 a week in wages. He is offered a salaried position at $27,500 a year. If he accepts
    14·2 answers
  • What is a corporation? a partnership that raises money through loans from the goverment a company whose owner is personally resp
    15·2 answers
  • A system stabilized by negative feedback, with opposing processes offsetting each other, is said to be in ________. Group of ans
    13·1 answer
  • After a customer buys a computer or receives service from Top Computers and Service, a service representative contacts each cust
    7·1 answer
  • Which methods of paying for college do not require repayment? Check all that apply.
    5·2 answers
  • Yellow-dog contracts A. give workers the right to be represented by a union. B. give a non-union worker the right to enjoy union
    10·1 answer
  • Steve Jobs of Apple was known as a perfectionist. "My job is not to be easy on people," he said. "My jobs is to take these great
    11·1 answer
  • It was a meat-eating dinosaur. It was about 30 feet long. It had
    14·1 answer
  • Question 2 of 10
    7·2 answers
  • The director’s collaborator who has various tasks such as taking notes, keeping track of blocking, and communicating with all th
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!