Answer:
True
Explanation:
Online banking is banking done via the internet. A customer does not need to be physically present at the bank's buildings. If their banks facilitate transactions through the internet, then it's an online bank.
Many traditional banks have incorporated online banking in their normal operations. However, online-only banks have emerged with no walk-in facilities as with traditional banks.
False. Gpd was not designed to assess welfare
Answer:
5
Explanation:
Interest earned ratio is a financial ratio used to measure a company's ability to meet its obligations to the providers of the long term debt based on earnings.
It is measured as the earnings before interest and taxes (EBIT) divided by the total interest payable on bonds and other debt.
Earnings before interest and taxes (EBIT) = $1,000,000 + $600,000 + $400,000 = $2,000,000
Farrar Cakes’ times interest earned ratio
= $2,000,000/$400,000
= 5
Answer:
The correct answer is option B.
Explanation:
An influx of new firms in the market would result in an increase in the supply in the market as a whole. With a rightward shift in the market supply curve, the price level will decline. The market share of each firm in the market will decline. With the reduction in price, Sammie will reduce supply or in other words cut back the number of shoes he shines.
Answer:
Perishability of services
Explanation:
Perishability is the term used by marketers to describe the inability of services to be stored, returned, resold , or saved once a customer is gone. Unlike products, services are intangible. They can be touched as they do not have a physical presence.
The term perishable implies short-lived. It means services cannot be preserved for future consumption. Once a customer has consumed a service, that service is completely rendered; there is no reversing or alterations. Services are short-lived in a sense they are assigned to be delivered as specific duration. For this restaurant, if the manager is unable to sell the 50 rooms for that night, he cannot preserve that service for another day.