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
DaniilM [7]
3 years ago
8

Phil deposits his money in the bank and earns _____. The bank uses part of Phil's money to make _____.

Business
2 answers:
abruzzese [7]3 years ago
8 0

Answer:

Interest, Loans

Explanation:

In the following situation, Phil gets an interest amount in his credited balance in his bank, and the bank uses Phil's credit money to provide loans to others and get benefited.

Bank's basic function is to take money from His account holder and invest the money on higher interest rates as a loan to others and take to get benefited.

luda_lava [24]3 years ago
3 0

Answer:

the correct answer is interest, loans

Explanation:

You might be interested in
Straight-Line Depreciation Rates
MissTica

Answer:

a) 10%

b) 12.5%

c) 4%

d) 2.5%

e) 20%

f) 25%

g) 5%

Explanation:

10 years depreciation results in a depreciation rate per year = 100% / 10 = 10%

8 years depreciation results in a depreciation rate per year = 100% / 8 = 12.5%

25 years depreciation results in a depreciation rate per year = 100% / 25 = 4%

40 years depreciation results in a depreciation rate per year = 100% / 40 = 2.5%

5 years depreciation results in a depreciation rate per year = 100% / 5 = 20%

4 years depreciation results in a depreciation rate per year = 100% / 4 = 25%

20 years depreciation results in a depreciation rate per year = 100% / 20 = 5%

4 0
3 years ago
Lena is a sole proprietor. In April of this year, she sold equipment purchased four years ago for $26,000 with an adjusted basis
viva [34]

Answer:

  1. Lena has a ORDINARY GAIN of $1,500 from the sale of the first equipment.
  2. Lena has a ORDINARY LOSS of $2,700 from the sale of the second equipment.

Explanation:

Lena sold the first equipment for $17,000, and that resulted in an ordinary gain = $17,000 - $15,500 = $1,500. This gain was due to a §1245 depreciation recapture.

Lena sold the second equipment for $5,500, and that resulted in an ordinary loss (§1231 loss) = $5,500 - $8,200 = $2,700.

7 0
2 years ago
In what kind of estate does ownership revert to the grantor of the estate if usage fails to conform to a stated condition in the
Nimfa-mama [501]

Answer:

The correct answer is a Fee simple defeasible estate.

Explanation:

A fee simple defeasible estate is a type of property that has some conditions attached to it. In case the conditions are not conformed the estate goes back to the grantor.

The holder of such an estate holds it as a fee simple subject to that condition. If the given condition is not met the estate either goes to the original grantor or to a third party.

8 0
3 years ago
An industry has 5 firms. Firm A has 30% of the market, Firm B and Firm C each have 25% of the market, Firm D has 15% of the mark
stiks02 [169]

Answer:

2400

Explanation:

The HHI is calculated by squaring the market share of each firm in the industry.

30² + 25² + 25² + 15² + 5² = 2400

5 0
3 years ago
Younjin is a purchasing agent for Acme Enterprises. One of the products she is responsible for is the copier paper for the compa
11111nata11111 [884]

Answer:

Straight rebuy

Explanation:

When a purchasing agent performs a straight rebuy, he/she is in a situation where the same products or services are bought over and over again on a relatively steady basis.

The products and services purchased are also simple and common products or services, nothing very complex or specialized that requires looking for new information or investigating who the best vendor might be.

5 0
2 years ago
Other questions:
  • Other than communication, justify two management skills require to successfully resolve disputes
    8·1 answer
  • Which of the following people would be considered unemployed by the Bureau of Labor Statistics? I. Mrs. X retires from her job a
    6·1 answer
  • Singapore Airlines is recognized as an industry leader for exemplary customer service, and has continued to add new ways to serv
    9·1 answer
  • If a person has $1,000 in a savings account and earns $20 a year in interest on that account, the rate of return on the money is
    11·1 answer
  • You and spouse are filing a joint return. Your current deductions have reduced your taxable income to​ $88,990, bringing you int
    10·2 answers
  • For financial reporting purposes, an advance payment for services is NOT recorded as a revenue, but rather recorded as a(n) . It
    6·1 answer
  • AFW Industries has 214 million shares outstanding and expects earnings at the end of this year of $ 723 million. AFW plans to pa
    7·1 answer
  • In producing a budget constraint line for combinations of staples and paper clips, which are sold by the box, a student labels t
    8·1 answer
  • Steeler Towel Company estimates its overhead to be $203,000. It expects to have 58,000 direct labor hours costing $1,015,000 in
    10·1 answer
  • Assume that both the demand curve and the supply curve for DVD players shift to the left but the demand curve shifts more than t
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!