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
Bas_tet [7]
3 years ago
15

What are the 3 functions of banks?

Business
1 answer:
Alex3 years ago
6 0
The 3 functions of banks are to accept deposits, granting loans and advances, and agency functions
You might be interested in
A business which spills oil that impacts land on which homes and businesses are built,but which compensate those whom it injures
uranmaximum [27]
False the business must assist in clean up if homes
4 0
3 years ago
Read 2 more answers
2) A firm sells two products. Product R sells for $20; its variable cost is $6. Product S sells for $50; its variable cost is $3
Tom [10]

Answer:

$6896551.7

Explanation:

Given the following :

Product R:

Selling price = $20

Variable cost = $6

Product S:

Selling price = $50

Variable cost = $30

Firm's fixed cost = $4, 000,000

Break-even point dollars = (Fixed cost /Contribution margin ratio)

Contribution margin : selling price - variable cost

Product R: $(20 - 6) = $14

Contribution margin ratio = ($14/$20) * 60% = 0.42

Product S: $(50 - 30) = $20

Contribution margin ratio = ($20/$50) * 40% = 0.16

Sum of contribution margin ratio for both products = (0.42 + 0.16) = 0.58

Break-even point dollars = (Fixed cost /sum of Contribution margin ratio)

= $4,000,000/0.58

= $6896551.7

3 0
3 years ago
Franklin Electric is presently generating earnings available to common shareholders of​ $7.25 per share. The​ firm's income tax
Sphinxa [80]

Answer:

$1.45

Explanation:

First of all we need to know what is earnings available to common shareholders (EACS).

EACS is the part of earnings which is available to common shareholders after deducting preference dividend from net income after taxes.

We can understand the as follows

Net Profit after taxes $ xxxx

Less: Preference dividend (xxxx)

Earnings available to.common shareholders xxxx

From this amount is we divide number of common stocks / shares, we will get Earnings Per Share (EPS)

EPS = Earnings available to equity shareholders / number of common stock shares

Dividend Payout Ration to common stock (given) = 20%

It means the comapny is paying 20% of EPS to common stock holders and 80% of EPS is tthe retained earnings of the company

Hence dividend to common stockholder = Earnings available.to common shareholders × dividend payout ratio

= $7.25 × 20%

= $1.45

$1.45 is the dividend which company pay to common shareholders

3 0
2 years ago
What is the difference between direct e-mailing and spam ?
Nataly_w [17]

Answer: You want direct email spam is what you dont want.

Explanation: Generally, consumers must sign up to receive direct e-mailings and the recipient of the e-mail to opt-out of future mailings. Spam is unsolicited, uninvited, and often it is impossible to opt-out of spam.

Brainlist plz!!!!

8 0
3 years ago
Read 2 more answers
A local candidate running for office would very much like to have your vote. She promises that she will "make the country better
tia_tia [17]

Answer:

Something to exchange is missing

Explanation:

Marketing is the term which is defined as the procedure of interesting the potential customers as well as clients in the products and the services. The process of marketing involves the distributing, promoting, researching and selling the products and services.

So, in the process of marketing there is exchange process which take place among the client and the company.

In this case, the marketing will not happen or occur in this condition or situation as there is nothing to exchange or exchange is missing.

5 0
2 years ago
Other questions:
  • Which of the following is a clear benefit of international marketing? expands the customer base for products and services allows
    14·1 answer
  • Can anyone PLZZZ HELP me with all that plzzz. For 10 POINTS PLZZZ. :(((((
    11·2 answers
  • Motonous Corporation has completed its fiscal year and reported the following information. The company had current assets of $15
    12·1 answer
  • On April 17, 2021, the Loadstone Mining Company purchased the rights to a coal mine. The purchase price plus additional costs ne
    15·1 answer
  • Assembly department of Zahra Technologies had 100 units as work in process at the beginning of the month. These units were​ 45%
    8·1 answer
  • When electra decided to produce its "pedal-assist" motor bike it had to adhere to speed regulations. the company found out, howe
    7·1 answer
  • 1. Liabilities are amounts you_____.
    14·2 answers
  • The following is taken from Ronda Co.'s internal records of its factory with two production departments. The cost driver for ind
    11·1 answer
  • The state of Florida is known to produce oranges more than majority of the other states, so Florida has a(n) __________ in orang
    7·1 answer
  • Describe the importance of employee benefits as a strategic component of fulfilling the goals of hrm?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!