Credit unions are not-for-profit financial cooperatives. Whose earnings are paid back to members in the form of higher saving rates and lower loan rates.Banks are for profit businesses with earning paid to stockholders only.
        
                    
             
        
        
        
Answer:
1,500 units; 1,000 units
Explanation:
Break Even Point (in units) = Fixed cost ÷ Contribution margin per unit
Fixed cost = $160,000
Sales Mix = 60% of X + 40% of Y 
                 = 0.6X + 0.4Y
So,
Contribution Margin of the Mix: 
= (60% × contribution margin of X) + (40% × contribution margin of Y
)
Contribution Margin of the Mix per unit: 
= (60% × 80) + (40% × 40) 
= 48 + 16 
= $64
Break Even Point (in units) = Fixed cost ÷ Contribution margin per unit  
                                             = 160,000 ÷ 64 
                                             = 2,500 unit
At the Level of break even
:
Unit of X at break-even: 
= 60% of 2,500 
= 1,500 units
Unit of Y at break-even: 
= 40% of 2,500 
= 1,000 units
 
        
             
        
        
        
Answer:
$14,837
Explanation:
Calculation for what The adjusted cash balance should be
Bank balance$14,237
Add Deposit in transit$4,500
Less Outstanding checks ($3,900)
Adjusted bank balance$14,837
($14,237+$4,500-$3,900)
Book balance$13,162
Less Bank service fees ($50)
Add Note collected $1,725 
Adjusted book balance$14,837
($13,162-$50+$1,725)
Therefore The adjusted cash balance should be:
$14,837
 
        
             
        
        
        
Answer:
b) $1,950,000
Explanation:
Value of gift cards redeemed with those whose date of redemption has passed, will both have the amount to revenue out of $2,000,000 of the gift cards sold.
Total gift card revenue to be recognized in 2016 = $1,800,000 + $150,000
Total gift card revenue to be recognized in 2016 = $1,950,000
 
        
             
        
        
        
The answer to this question is "Market Orientation" such as when the homeowner <span>visited the home depot to buy what he thought he needed to fix a leaking toilet, he gathered up materials totaling almost $70. When on his way to check out, an employee asked him what was he trying to fix. After some discussion, the employee convinced the homeowner that a $5.99 replacement part would fix the problem better than the materials he thought he needed and with less trouble. This kind of discussion between employees and customers is commonplace at the home depot and indicates the retail store has a MARKET orientation.</span>