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4vir4ik [10]
3 years ago
9

A subsidiary bank is rev: 05_15_2018_QC_CS-127288 a) a locally incorporated bank that is wholly owned by a foreign parent. b) a

locally incorporated bank that is majority owned by a foreign parent. c) a locally incorporated bank that is partially owned (but not controlled) by a foreign parent. d) a locally incorporated bank that is wholly (or majority) owned by a foreign parent.
Business
1 answer:
Thepotemich [5.8K]3 years ago
3 0

Answer:

The correct answer is option b.

Explanation:

A subsidiary bank can be defined as a type of bank that is incorporated in the country it operates but is owned majorly by a foreign bank in a different country.  

Subsidiary banks do not follow the regulations applicable in the home country of the parent bank. These banks operate under the regulations of the host country it operates in.

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All of these are functions of money EXCEPT :________
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Answer:

c

Explanation:

it doesn't make sense to be a function of money

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2 years ago
Werner installs custom sound systems in cars. If he installs seven systems per day, his total costs are $300. If he installs eig
sergiy2304 [10]

Answer:

$100

Explanation:

Total cost if he installs seven systems = $300

Total cost if he installs eight systems = $400

Therefore, the marginal cost of installing 8th system is the difference between the total cost of installing eight systems and the total cost of installing seven systems.

Marginal cost of installing 8th system:

= Total cost of installing 8 systems - Total cost of installing 7 systems

= $400 - $300

= $100

The profit maximization conditions says that the marginal cost must be equal to the marginal revenue.

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3 years ago
A company orders office supplies in June. Those supplies are received and used in July. The supplies are paid for in August. In
Leviafan [203]

Answer:

Expense must be recognized in July

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8 0
3 years ago
Kyoko is managing a team of people who are working on a critical project. she wants to use positive reinforcement, but the days
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Kyoko needs to find the time.

When people’s days are busy they need to prioritize their tasks and do the ones that are the most important. Kyoko needs to make the use of positive reinforcement one of their priorities for the day. Another thing to consider is doing positive reinforcement while doing something else. For instance, praising the quality of someone’s work while doing another task.

5 0
3 years ago
You own a coal mining company and are considering opening a new mine. The mine will cost $120 million to open. If this money is
GalinKa [24]

Answer: B. There are two IRRs so you cannot use the IRR as a criterion for accepting the opportunity.

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