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
Marina86 [1]
3 years ago
6

A financial institution can achieve cost savings in its credit card operations if it increases the number of cardholders. This i

s an example of economies of
Business
1 answer:
vitfil [10]3 years ago
8 0

Answer:

Economies of scope

Explanation:

Economies of scope is a benefit that a company has by producing a a wide range of products or services which reduces the unit cost. In this case of a financial institution, offering more credit cards to a large number of people will help them achieve their desired cost savings. Economies of scope is achieved when it provides a business with ways to generate operational efficiencies.

You might be interested in
Jabiru Corporation purchased a 20% interest in Fish Company common stock on January 1, 2013 for $300,000. This investment was ac
Vesna [10]

Answer:

$280,950

Explanation:

As for the information given:

Closing balance of investment on 31 December 2015 = $440,000

Now the following adjustments need to be made to calculate the balance as on 1 August 2016

Add: Share of income from Jan to Jul 2016 = $4,000 \times 7 months \times 20% = $5,600

Less: Dividend Received = $20,000 \times 20% = $4,000

Less: Amortization of patent = $6,000/12 \times 7 = $3,500

= $440,000 - $1,900 = $438,100

Since Jabiru sold half of its investment, thus, value of its half of the investment shall be:

$438,100/2 = $219,050

Sale value = $500,000

Thus, gain amount = $500,000 - $219,050 = $280,950

5 0
3 years ago
If an organizational manual exists, a description of the division of work and the position shown on the organization chart will
allsm [11]
If an organizational manual exists, a description of the division of work and the position shown on the organization chart will be given in the manual or will be located on the company's intranet.

A) True
7 0
3 years ago
The aicpa's statements on auditing standards can be described as
sasho [114]
<span>The AICPA’s Statements on Auditing Standards is a guideline for auditors. This guideline shows what the minimal standards are in order for an auditor to perform their work correctly. These guidelines need to be followed in order to ensure accuracy and efficiency.</span>
8 0
3 years ago
Who want to be my crush
Nataly_w [17]

Answer:

me

Explanation:

!!!!!!!!!!

only if your a boy

3 0
3 years ago
Read 2 more answers
Brooke's Boutique plans to launch a new clothing line. For this purpose, the firm first conducts a survey to understand its targ
Gekata [30.6K]

Answer:

Descriptive followed by causal is the correct answer.

Explanation:

8 0
3 years ago
Other questions:
  • Which of the following is not an accurate statement about the attitude of teenagers when driving?
    8·1 answer
  • Why do all shareholders agree on the same goal for the financial​ manager??
    7·1 answer
  • The Peter's Group originated four years ago, and since then, the company has grown each year. Management has focused on making s
    6·1 answer
  • Delta Company purchased an equipment by signing a note with the bank for $20,000. Which of the following statements correctly sh
    10·1 answer
  • f Italy can produce 100,000 more pounds of chocolate every year by forgoing the production of 200,000 pounds of pasta, what is t
    6·1 answer
  • Clara and Sandra collaborate to open a cafe. They come to an arrangement wherein Sandra manages the cafe from Monday to Wednesda
    13·1 answer
  • The special fund established by the legislature to help compensate victims of real estate licensee fraud is the: ____
    12·1 answer
  • What is a router?<br> (please describe in a specific way)
    6·1 answer
  • Purchase Company recently acquired several businesses and recognized goodwill in each acquisition. Purchase has allocated the re
    8·1 answer
  • Answer each of the following independent questions. Required: Alex Meir recently won a lottery and has the option of receiving o
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!