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3 years ago

Banks make a profit by

Business

2 answers:

Neporo4naja [7]3 years ago

7 0

When people take money out of the bank, they have to pay them back with a little more and interest is why.<span />

Anton [14]3 years ago

4 0

Banks make a profit by charging interest

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Which of the following is NOT a characteristics of good application?

slavikrds [6]

Answer:

C. completed quickly

Explanation:

8 0

3 years ago

Read 2 more answers

The multiplier for a futures contract on a stock market index is $50. The maturity of the contract is 1 year, the current level

jolli1 [7]

Answer:

The cash flow mark to market proceeds = $754.45

Explanation:

The current index value after 12 months = current stock index * (1 + risk free - dividend yield)^12

= 1800 * (1 + 0.50% - 0.20%)^12

The current index value after 12 months = 1865.88

The future index value after 12 months = future stock index * (1 + risk free - dividend yield)^12

= 1820 * (1 + 0.50% - 0.20%)^11

The future index value after 12 months= 1880.97

The cash flow mark to market proceeds = (future index future value - current index future value) * multiplier

= (1880.97 - 1865.88) * 50

The cash flow mark to market proceeds = $754.45

5 0

3 years ago

or 2018, Gourmet Kitchen Products reported $22 million of sales and $18 million of operating costs (including depreciation). The

Vinil7 [7]

Answer:

Economic value added = $1,250,000

Explanation:

Economic value added (EVA) = Net operating profit after taxes - Invested capital * cost of capital

Economic value added= [($22,000,000 - $18,000,000) * (1 - 0.35)] - [$15,000,000 * 9%]

Economic value added = ($4,000,000 * 0.65) - $1,350,000

Economic value added = $2,600,000 - $1,350,000

Economic value added = $1,250,000

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3 years ago

While preparing the annual advertising budget, Tracy, the chief marketing officer of an online furniture store, is deciding whic

LiRa [457]

Answer:

b. The resource allocator role

Explanation:

The resource allocator role -

It refers to the person , who represents and decides the resources , is referred to as the resource allocator .

All the resources and funds are handled by the resource allocator .

Any major decision or any confusion about the certain goods and services is resolved by the resource allocator .

Hence , from the given scenario of the question ,

The correct option is b. The resource allocator role .

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3 years ago

The ultimate goal of the capital budgeting process is to ________. A. list the projects and investments that a company plans to

Tanzania [10]

Answer:

The correct option which represents the ultimate goal of capital budgeting is D) .

Explanation:

Capital budgeting is a kind of planning process which an organization undertakes to see if the investments or projects ( usually long term ) they are considering to invest in are worth funding . This process actually begins with the compiling a list of potential future projects. The ultimate goal of this process is to estimate what would be the effect on organizations cash flow , if a project is accepted or rejected.

8 0

3 years ago