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xenn [34]
3 years ago
9

One important way in which banks make economic growth possible is by

Business
2 answers:
Scorpion4ik [409]3 years ago
4 0
One important way in which banks contribute to economic growth is by lending money to enterprises and consumers. Because the enterprises will be able to produce more goods and services and conusmers will be able to buy more products and services.
Crank3 years ago
3 0

Answer:

C. Lending Money To Business Startups

Explanation:

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A strong culture should reduce employee turnover because it results in ________.
Advocard [28]
<span>A strong culture should reduce employee turnover because it results in </span>cohesiveness and organizational commitment.
3 0
4 years ago
A venture has net sales of $400,000, cost of goods sold of $200,000, operating expenses (selling, general, and administrative) o
Sphinxa [80]

Given:

Net sales = $400000

Cost of goods sold = $200,000

Operating expenses = $100,000

Interest expenses = $50,000

To find:

The operating profit margin

Solution:

To calculate the operating profit margin, first we have to find the operating profit.

Subtract your total operating expenses from gross profit to calculate operating profit.

That is, \text{Operating profit}=\text{Sales (Revenue) - Cost of goods sold - Operating expenses}\Rightarrow \$400000-\$200000-\$100000=\$100000

Divide operating profit by gross revenue to calculate operating profit margin.

\text{Operating profit margin} = \frac{\text{Operating profit}}{\text{Gross Revenue}}\times100

\Rightarrow\frac{100000}{400000}\times100=25\%

Therefore, the Operating profit margin is 25%.

4 0
3 years ago
Please answer quickly
Svetradugi [14.3K]
Not sure but the answer is most likely q50
3 0
4 years ago
If the consumer price index was 80 in 2004, 100 in 2005, and 110 in 2006, then the base year must be
iogann1982 [59]
2004 is the base year
4 0
3 years ago
When you hire an independent contractor, you don't have to pay the contractor's
xxTIMURxx [149]

Answer:

The correct answer would be option A, Medicare Taxes.

Explanation:

It is quite common now a days to work with contractors to get help from them, either in the form of services or human resources, etc. The contractor provide the company what it wants according to the needs. For example if a company needs human resource for its customer service department, the contractor will provide them the employees according to the company's need. So when you hire the contractor for getting you employees, there is no need to pay the medicare taxes of the contractor. It is not the responsibility of the company to pay medical expenses of the contractor, rather its contractor's own responsibility to fulfill its medicare expenses.

5 0
3 years ago
Read 2 more answers
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