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ICE Princess25 [194]
3 years ago
7

What are commercial bank?

Business
2 answers:
Bogdan [553]3 years ago
6 0

Answer:

A commercial bank is a type of bankthat provides services such as accepting deposits, making business loans, and offering basic investment products that is operated as a business for profit.

pav-90 [236]3 years ago
6 0
Commercial bank:a bank that offers services to the general public and to companies.
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How much notice does the Worker Adjustment and Retraining Notification
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Answer:60 days

Explanation:

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Hayden Company expects its November sales to be 20% higher than its October sales of $160,000. All sales are on credit and are c
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The awnser is a choose a
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Selected information from Peridot Corporation's accounting records and financial statements for 2021 is as follows ($ in million
guapka [62]

Answer:

$43 million

Explanation:

The cash flow statement categories the company's transactions in a financial period into 3 groups; these are operating, investing and financing.

The net profit/loss, depreciation, changes in current assets (other than cash) and liabilities are considered as operating activities including income taxes.  

The sale of assets, interest received, purchase of investments are examples of investing activities while the issuance of stocks, debt principal deduction (loan settlement), issuance of debt securities etc are examples of financing activities.

An increase in assets other than cash is an outflow while an increase in liabilities is an inflow. Depreciation and other non-cash expenses deducted in the income statements are added back while the non-cash income such gain on asset are deducted from net income.

Peridot's Net cash outflows from investing activities (in millions)

= -$38 + $96 + $71 - $86

= $43

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3 0
3 years ago
A resource-based strategy:
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Answer:

b. uses a company's valuable and rare resources and competitive capabilities to deliver value to customers that rivals have difficulty matching.

Explanation:

Resources refers to competitive and valuable assets, organizational processes, capabilities, information, attributes, and knowledge that are acquired, owned and controlled by an organization. These resources are classified into two (2) main categories;

1. Tangible resources: these are physical assets such as equipments, financial assets, plants, raw materials, inventory etc that are owned and controlled by an organization.

2. Intangible resources: these are assets that are abstract in nature such as knowledge, customer loyalty, skills, experience, stakeholders, patent, culture, buyer recognition etc.

Hence, a resource-based strategy uses a company's valuable and rare resources and competitive capabilities to deliver value to customers that rivals have difficulty matching. This ultimately implies that, resource-based strategy avails a company the ability or opportunity to use their tangible and intangible assets to provide finished goods and services to meet the needs or wants of customers, as well as creating a competitive advantage over rivals in the same industry.

5 0
3 years ago
The three financial ratios that constitute return on revenue are Cost of goods sold/Revenue, Research and Development expense/Re
stiv31 [10]

The three financial ratios that constitute return on revenue are Cost of goods sold/Revenue, Research and Development expense/Revenue, and Selling, general, & administrative expense/Revenue.

What ism financial ratios?

Financial ratios are instrument used by companies to make comparison or to  measure the relationship  between  different financial statement information or data.

Hence, the three financial ratios that constitute return on revenue  are:

  • Cost of goods sold/Revenue
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Learn more about financial ratios here:brainly.com/question/9091091

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2 years ago
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