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3 years ago

What is true about credit unions?

Business

2 answers:

Vesnalui [34]3 years ago

8 0

<span>All of the above are true.</span>

Alexandra [31]3 years ago

6 0

Answer: All of the above are true.

Explanation:

Credit unions refer to a financial institution owned by a group of people who are connected by common bond in order to provide traditional banking system. They offer savings account and are established to promote the well-being of their members. The profits generated by them are given back to the members in the form of reduced fees, higher savings rates and lower loan rates. The money saved in the savings account is used for providing loans to other members. The interest which they charge on loans to members is used to generate income for the credit union.

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________________analysis involves determining the appropriateness of training, given the company's business strategy, its resour

Andreyy89

Answer:

Organizational

Explanation:

Organisational analysis involves determining the appropriateness of training, given the company's business strategy, its resources available for training, and support by managers and peers. It is the process of evaluating systematically an organisation needs and capabilities which can give it a competitive advantage in the market. It could also be called internal analysis or company analysis.

5 0

4 years ago

Brandeis Corporation has two production Departments: P1 and P2 and two service departments: S1 and S2. Direct costs for each dep

luda_lava [24]

Answer:

a. $90,875

Explanation:

Provided information we have,

Individually allocated cost

S1 = $62,000 S2 = $102,000 P1 = $162,000 P2 = $142,000

Firstly under step method cost allocation will be from S1 to S2, P1, P2

Ratio = 0.7 : 0.1: 0.2

Thus allocated to S2 = $62,000 $\times$ 0.7 = $43,400

P1 = $62,000 $\times$ 0.1 = $6,200

P2 = $62,000 $\times$ 0.2 = $12,400

Total cost of S2 = $102,000 + $43,400 = $145,400

Ratio between S1: P1: P2 = 0.2:0.3:0.5

Amount allocated to P1 = $145,400 $\times$ $\frac{0.3}{0.8}$

= $54,525

Amount allocated to P2 = $145,400 $\times$ $\frac{0.5}{0.8}$

= $90,875

Therefore, correct option is

a. $90,875

4 0

3 years ago

Suppose that France and Austria both produce rye and wine. France's opportunity cost of producing a bottle of wine is 4 bushels

miv72 [106K]

Answer:

France has comparative advantage in production of wine

Austria has comparative advantage in production of rye.

4 bushels of rye for each bottle of wine

1 bottle of wine for each bushel.

b. 4 bushel of rye per bottle of wine.

Explanation:

France has comparative advantage in producing wine as it has opportunity cost of 4 bushels per bottle of wine. Austria has comparative advantage in producing bushels as it has opportunity cost of 10 bushels per bottle of wine. The both countries can gain advantage if they agree for 4 bushels per wine.

3 0

3 years ago

Bob deposits $100 in a bank account that pays an annual interest rate of 5 percent. A year later, Bob withdraws his $105. If inf

Lady_Fox [76]

Answer:

False

Explanation:

Purchasing power increases by amount of deflation (negative inflation). So, while inflation lowers purchasing power, deflation increases purchasing power by amount of deflation.

Increase in purchasing power = 7%

6 0

3 years ago

Eddy Jones Pottery produces serving bowls among other items. If they reengineer their automated equipment, a serving bowl can be

Ganezh [65]

Answer and Explanation:

Old equipment=2.5 mins per serving bowl

New equipment=1.5 mins per serving bowl

With old equipment, in one hour Eddy Jones can produce 60/2.5= 24 serving bowls

With new equipment, in one hour Eddy Jones can produce 60/1.5= 40 serving bowls

With old equipment, in 8 hours Eddy Jones can produce 24*8=192 serving bowls

With new equipment, in 8 hours Eddy Jones can produce 40*8=320 serving bowls

Therefore in 8 hours with new equipment Eddy Jones will produce 320-192= 128 more serving bowls than with old equipment.

5 0

3 years ago