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
Agata [3.3K]
3 years ago
11

What are the main customers of bank of canada

Business
1 answer:
Viefleur [7K]3 years ago
4 0

The Canadian banking system is a conservative system that consists of five main categories. They are:

Chartered banks

Trust and loan companies

Cooperative credit movement

Life insurance companies

Securities dealers

For anyone considering a career in banking in Canada, this list of top banks in Canada is a helpful guide on where to start. To learn more, see our lists of financial institutions.

You might be interested in
Discuss the tradeoffs between fiber-optic and satellite communication in terms of costs, signal capacity, signaling method, inte
mylen [45]

Answer:

Explanation:

I will split this answer into two options...

Fiber Optic communications work by sending data through beams of light through a series of fiber cables. This allows for data transfer at incredibly high speeds and with an almost non-existent probability of data loss. Since cables need to be connected from one end-point to another this form of communication becomes more expensive and the capability of reconfiguration becomes incredibly difficult. The likelihood of failure is also very low due to the nature of the technology.

Satellite communication sends data wirelessly by beaming the data to satellites and then back down to the destination. This allows for data to be transferred worldwide but runs into the risk of interference, data loss, signal loss etc. Costs are much cheaper than Fiber Optics due to the lack of wiring. Multipoint capabilities are high since endpoints can be placed anywhere with a clear line of sight to the sky, which also means that reconfiguration capabilities are high as well.

5 0
3 years ago
The fact that financial services are more plentiful and easier to access means that
DaniilM [7]
A. consumers need to be better informed about what services are available and what those services cost.
8 0
3 years ago
Assume the audience for Who Wants to Be a Millionaire on a local cable channel is 115,000. During the months of January and Febr
Lapatulllka [165]

Answer:

Gross Impressions

Explanation:

Gross impressions represent the total number of households or individuals that is represented by a given media schedule. It is the impression that an advertisement gets. It is the total sum of audiences that is individuals or households that is exposed to the same commercial or program on multiple occasions. It is different to gross rating points. The latter deals with the number of impressions while the former deals with the number of audiences.

In this case, gross impressions

= Audience × number of ads

= 115000 × 16

= 1840000

4 0
3 years ago
Read 2 more answers
Myrtle Beach Pro-Shop receives information that requires the company to increase its expectations of uncollectible accounts rece
Lera25 [3.4K]

Answer:

b. Accounts receivables (gross) is reduced

Explanation:

As we know that

The journal entry to record the bad debt expense is  

Bad debt expense A/c Dr

  To Allowance for doubtful debts

(Being allowance of uncollectible accounts are recorded)

By passing this journal entry, both bad debt expense and the allowance for doubtful debts which result in a decrease in the net income and the balance of account receivable but the gross of account receivable would remain the same.

3 0
3 years ago
Zack has two savings accounts with a total of $9,000. he withdrew 10% from one and 60% from the other to buy his girlfriend an e
skelet666 [1.2K]
Originally,
Let x = the balance in the first account.
Let y = the balance in the second account.

The total amount in the two accounts is $9,000, therefore
x + y = 9000                      (1)

Zack withdraws 10% of x and 60% of y for a total of $2,175.
Therefore
0.1x + 0.6y = 2175
or
x + 6y = 21750                   (2)

Subtract (1) from (2).
x + 6y - (x + y) = 21750 - 9000
5y = 12750
y = 2550
From (1), obtain
x = 9000 - 2550 = 6450

The balance in the first account is
0.9*x = 0.9*6450 = $5,805
The remaining balance in the second account is
0.4*y = 0.4*2550 = $1,020

Answer:
The balance in the first account is $5,805
The balance in the second account is $1,020

8 0
3 years ago
Other questions:
  • When a business association holds itself out to others as being a corporation when it has made no attempt to , the firm normally
    12·2 answers
  • Occurs when a seller charge different buyers different prices for the same good or service
    10·1 answer
  • Which one of the following is an example of a nondiversifiable risk?
    9·1 answer
  • 1. Explain the link between scarcity and each of the following.<br>i. Choice, (2 marks)​
    12·1 answer
  • Which of the following types of variances would a purchasing manager most likely influence?
    11·1 answer
  • A company reported net income of $290,000. Beginning balances in Accounts Receivable and Accounts Payable were $18,000 and $21,0
    12·1 answer
  • ____ anxiety is the feeling that unless an organization makes a change, it is going to be out of business or fail to achieve som
    10·1 answer
  • Based on the information in the table, which BEST explains the relationship between Country A and Country B?
    5·1 answer
  • individuals in different segments should have ______ within the segment and ______ across the segments.
    12·1 answer
  • Which rule would apply if an agent knows an applicant is going to cash in an old policy and use the funds to purchase new insura
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!