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ElenaW [278]
3 years ago
9

If a bank pays 62 cents in non-interest expense per dollar of income, its _______ is equal to 0.62

Business
1 answer:
Harrizon [31]3 years ago
6 0
Answer: Efficiency ratio
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Last month your average daily rate was $76.99, and you had 2,932 rooms occupied. You want to know how this compares to the same
poizon [28]

Answer:

85 less rooms this year than last

Explanation:

The number of rooms (n) occupied for this month last year is given by the Room Revenue ($231,470) divided by the daily rate ($76.72):

n=\frac{\$231,470}{\$76.72}\\n=3,017\\

The number of rooms occupied last year is larger than the number of rooms occupied this year by:

\Delta n = 3,017-2,932\\\Delta n = 85\ rooms

The hotel occupied 85 less rooms this year than last.

7 0
3 years ago
A pound of raisins costs $2. 00, and a pound of almonds costs $5. 0. Six pounds of a trail mix contains 2 more pounds of raisins
victus00 [196]

Based on the information given the cost of the 6 pounds of trail mix is $18.00.

Pounds of almonds=x

Pounds of raisins=(x + 2)

Hence,

Pounds of raisins=2+2

Pounds of raisins=$4

Since pound raisins is $2.00 and a pound of almonds is $5.00, cost of 6 pounds of trail mix will be calculated as:

Cost of trail mix= ($4 × 2) + (2 × $5)

Cost of trail mix= ($8 + $10)

Cost of trail mix= $18.00

Inconclusion the cost of the 6 pounds of trail mix is $18.00.

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5 0
2 years ago
Inspectors are responsible for what:
shutvik [7]
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8 0
3 years ago
For the current year, Bubbles Office Supply had earned $600 of interest on investments. As of December 31, none of this interest
leonid [27]

Answer:

Debit interest receivable account by $600.

Explanation:

According to accrual method of accounting, the interest of $600 as at December 31 has already been earned even if it had not been received. We must record it for the period it was earned.

The entry is passed into Interest Receivable account as a debit. Interest Receivable account is a current asset account. When asset accounts increase you debit, and when the reduce you credit.

So in this case the balance in Interest Receivable increases and we debit $600.

3 0
3 years ago
Which lists the Manufacturing careers in order from the least education required to the greatest?
Nimfa-mama [501]

Answer:

the correct answer is Purchasing Agent, Planning Clerk, Industrial Engineering Technician, Materials Engineer

Explanation:

in any field of discipline, the term "engineer" is only used for highly specialized and educated individuals. moreover, technicians also require intense and specific practical and on the field training.

However, clerks and agent do not require such advanced academic or professional qualifications.

4 0
3 years ago
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