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HACTEHA [7]
2 years ago
8

How do banks create money?

Business
1 answer:
aliya0001 [1]2 years ago
5 0
C

Banks do not really have any goods to sell, they’re in the business of holding money for others and loaning that money out to others, normally with interest. It is the interest off of loans that normally create income and allow the bank to have a positive cash flow.
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When a bond issued at face value is retired what is the journal entry
Vedmedyk [2.9K]
Credit the "bond payable" liability account for the total face value of the bonds and debit cash for the same amount.


8 0
3 years ago
How do companies effectively go global?
Irina18 [472]

Answer:

Some of the specific advantages presented by successfully growing globally include:

•You can extend the sales life of existing products and services by finding new markets to sell them in.

•You can reduce your dependence on the markets you have developed in the United States.

and more....

Explanation:

hope it helps......

8 0
2 years ago
Online Gourmet is an online business that provides customers with recipes and all the ingredients needed to prepare a meal. This
Alja [10]

Answer:The answer is Deep customer knowledge

Explanation:

Deep customer knowledge is a kind of research done by a business in order to know the need of their customers and how the business can help in meeting such need.it is a process of engaging with their customers with a view to know their need so as to ensure that the overall objectives of the business is accomplished. Deep customer knowledge enables a business to build a strong relationships with their customers. The use of deep customer knowledge includes the use of customers service officer to explain to their customers the use of their products or services in order to ensure that they are able to satisfy their customers and improve the sales of the business.

4 0
3 years ago
Jamie is looking for a new job. she used to be the top sales representative for the region and was expecting to be promoted. how
s2008m [1.1K]

Answer:

Performance-reward relationship

Explanation:

Jaime is used to having her high performance (top sales rep) earn her the rewards of recognition and success. Now that someone who hasn't reached the same level of performance that she has but got all the rewards (the promotion) she can no longer trust that better performance will lead to better rewards. When trust in work relationships is broken, people will lose satisfaction and search for new opportunities.

3 0
2 years ago
Abbott Inc. owns 30% of the outstanding voting shares of Berta Inc. On the date of acquisition, the fair value of Berta's equipm
Vitek1552 [10]

Answer: During the year after the acquisition, the undervalued equipment will exceed Abbott's investment revenue by $1,200.

Explanation:

Multiply the amount exceeded of its carrying value by the % shares owned by Abbott.

Then divide the result by the useful life value of Barta's equipments

= (20,000 x 30%) / 5

= $1,200

3 0
2 years ago
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