Answer:
the answer is true because everyone has to take care of themselves so for them it is the same
Explanation:
Answer:
The main function of COMMERCIAL banks is to accept deposits and then to lend the same money (minus REQUIRED RESERVES) back out. Banks make a profit by charging a higher interest rate on LOANS than the interest rate they pay on DEPOSITS. Through the loan process, banks are actually able to CREATE/MULTIPLY money.
Explanation:
Commercial banks are financial institutions that engages in accepting deposits from the general population and giving back loans for investment in the sole aim of making profits.
Required reserves is the amount of money a bank must hold in order to meet liabilities when there are sudden withdrawals.
Loans are money borrowed out by a financial institution in exchange for the repayment of the loan plus interest.
Deposits are the total amount of money paid into the bank.
Money creation refers to the increase in amount of money supplied from initial deposit.
<span>An economist's measurement of profit differs from an accountant's in that </span>accountants do not always include all of the opportunity costs when calculating total production costs. When the economist are trying to determine opportunity costs they account for all of production costs. Accounts won't always account for them and their affects on the business statements.
Answer: Job enlargement.
Explanation:
The job enlargement is the process of horizontal expansion of the job and it helps in improvement the skills of company employees and improve the capacity of the earning. Job enlargement is one of the efficient technique that helps to motivate the employees of the company.
The employees of an organization learn various types of activities in an organization due to the job enlargement. It is one of the technique that increase the number of tasks which is associated with the job.
Answer:
A. 34.2%
B. 4.5%
C. 8.1%
D.10.64%
Explanation:
a) Calculation to determine Gross margin percentage
Using this formula
Gross margin percentage = Gross profit/Net Sales
Let plug in the formula
Gross margin percentage= 27000/79000
Gross margin percentage = 34.2%
b) Calculation to determine Net profit margin
Using this formula
Net profit margin = Net income/Net Sales
Let plug in the formula
Net profit margin = 3540/79000
Net profit margin = 4.5%
c) Calculation to determine Return on assets
Using this formula
Return on assets = (Net income+Interest expense)/Average total assets
Let plug in the formula
Return on assets = (3540+360)/48120
Return on assets= 8.1%
d) Calculation to determine Return on equity
Using this formula
Return on equity
= Net income/Average equity
Let plug in the formula
Return on equity = 3540/33270
Return on equity =10.64%