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
Bezzdna [24]
3 years ago
14

What are the two major financial institutions used by consumers for handling money?

Business
2 answers:
Brut [27]3 years ago
7 0
Fifth third and chase
leonid [27]3 years ago
4 0

Answer:

What is the most common type of financial institution?

Commercial banks. are the most common financial institutions in the United States, with total financial assets of about $13.5 trillion (85 percent of the total assets of the banking institutions). ...

Savings banks

Finance companies

Insurance companies

Explanation:

you know you can find the answer on google

You might be interested in
Pizza Express Inc. began the 2016 accounting period with $2,500 cash, $1,400 of common stock, and $1,100 of retained earnings. P
sweet-ann [11.9K]

Answer:

Answer is explained in the explanation section below.

Explanation:

Part A: In part a, we are required to show the effects on the financial statements using horizontal statements model.

For that, we need to tabulate the entries properly. So, it cannot be done be done here in the typing section. So, I m putting it into the attachments. Please refer to the attachment for the part a solution.

Part B:

Reason of the difference:

Cash revenue is $8650 but cash flow amount is $9600

Total operating expense incurred is $3350 but the amount paid only $2700

It will create $650 difference income statement and cash flow.

These activities are reasons for the differences between cash flow from the operating activity and net income.

8 0
3 years ago
Suppose the company that owns the vending machines on your campus has doubled the price of a can of soda. if they then still sel
Ierofanga [76]
The answer would be that there are few other places to purchase soda on campus; competition (or lack thereof) can play a big factor in determining price elasticity.

While nutrition information can shift consumers' preferences, we have no indication within the question of whether or not the students are well-informed of the impact of their drinking choices.

As for the third option, we are not given any information on the students' budgets, and no information with which to infer this, either. We only have information on their spending as it is related to soda, not as compared to other purchases.

Finally, given that the quantity sold does not change much despite the change in price, we can conclude that this price curve is relatively inelastic, in which case the price elasticity of demand would be closer to zero than one. This effectively rules out the last answer.
8 0
3 years ago
Because Mei-ling has had such a successful first few months, she is considering other opportunities to develop her business. One
rosijanka [135]

Answer:

1. "Would you consider these mixers to be inventory or should they be classified as supplies or equipment?" Why?

The mixers will be part of merchandise inventory since Mei-ling is purchasing them and will later resell them at a higher price and hopefully make a profit. Products classified as supplies or equipment are used by the company in their day to day activities and are not meant for resale.

2. "I’ve learned a little about keeping track of inventory using both the perpetual and the periodic systems of accounting for inventory. Which system do you think is better? Which one would you recommend for the type of inventory that I want to sell?"

The perpetual inventory system is much better than the periodic inventory system, but it is also more expensive to use. Depending on the number of mixers that are going to be sold, you can do it hand or use a computer software which would make things much easier, but you need to spend time (labor) and money to do so.

If Mei-ling is expecting to sell only a small number of mixers, then she could use a periodic inventory system which is much more simple and is only updated every certain period of time (monthly, quarterly, semiannually or annually). This is a cheaper system but it is the best alternative.

3. "How often do I need to count inventory if I maintain it using the perpetual system? Do I need to count inventory at all?"

Even if you use the perpetual inventory system, you will eventually need to physically count your inventory in order to make sure that the records have been properly made, but you could do it once or twice a year. Again it depends on the total units that she expects to have in inventory.

7 0
3 years ago
Select the correct answer. Which element is part of indirect compensation? A. basic pay B. bonus C. stock options D. subsidized
Oduvanchick [21]
A is the correct answer for me for u I don’t know
3 0
3 years ago
"if you change the units of one of the variables, the value of correlation will increase or decrease. "
brilliants [131]
That statement is False

If we change units in one of the variables the value increase, decrease, or stay the same
The value of the correlation is the result of the interractions of all the units in that variable, so changing onle one of the variables does not necessarily change the end result of the value.
7 0
3 years ago
Other questions:
  • Which detail is most likely to give consumers a false sense of security about using Edgozene?
    8·2 answers
  • In this career, you might teach hunting classes, monitor fish populations, and work to create new areas for recreation and prese
    15·2 answers
  • In this statement, which type of spending is President
    5·2 answers
  • The penalty for a substantial understatement is triggered when ____
    15·1 answer
  • I make $2,000/month. Of that the government takes $200 in taxes. Then I pay $1,000 for rent, $400 for food, and $200 in utilitie
    5·1 answer
  • On January 1, 2017, when the market interest rate was 14%, Luba Corporation issued bonds
    9·1 answer
  • Bummerland finds itself in a recession caused, as assumed in class, a sticky nominal (money) wage (W) which is too high to clear
    5·1 answer
  • Pedro wants to open his own business. To get a loan for the business, the bank needs him to give them some collateral. What is a
    5·1 answer
  • What is a means exam ?
    11·1 answer
  • Azure inc. , an information technology company, uses a quartile strategy and positions itself in the third quartile to develop i
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!