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Archy [21]
3 years ago
10

bank run is​ ____________.A.an extraordinarily large volume of withdrawals driven by a concern that a bank will run out of liqui

d assets with which to pay withdrawals.B.an unexpected attempt of one bank to initiate a hostile takeover of​ another, usually​ smaller, bank.C.a sudden desire on the part of a​ bank's shareholders to sell their bank stock.D.an extraordinarily large volume of withdrawals from all b
Business
1 answer:
evablogger [386]3 years ago
5 0

Answer:

Option A

Explanation:

In simple words, Bank runs refers to the scenario  when a significant amount of individuals begin to make bank withdrawals since they are afraid the organizations will run out of liquidity. Usually a run on the banks is the product of confusion instead of a true bankruptcy.

 Bank run caused by panic that drives a bank into real bankruptcy provides a traditional example of a prediction that fulfills itself. The institution does defaults risk, as customers are continuing to withdraw money. So what starts out as fear will ultimately turn into some kind of true fallback situation.

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The Diagonal Stamp Company, which sells used postage stamps to collectors, advertises that its average price has increased from
Alex

Answer

APR would be 37.97%.

Explanation:

PV = $1

FV = $5

N= 5 years

We need to compute R:

(1+r)^n = (FV/ PV)

(1+r)^5 = 5/1

1+r = 1.3797

R=37.97%

5 0
3 years ago
What is the main purpose of an appointment reminder? In a medical office.
BARSIC [14]
B. <span>Decrease the number of patients who miss </span> 

6 0
3 years ago
Read 2 more answers
In order to present an accurate picture of the financial health of his company, Bob reported all of the expenses that had been i
Flura [38]

Answer:

a.) matching

Explanation:

Matching principle is the accounting principle in which the expenses incurred should be recorded at the same period when the revenues are earned. Also the business incurred the expenses in order to earn the revenues

So as per the given situation since Bob recognized the expenses but it is not paid so here he is using the matching principle

Therefore the option a is correct

8 0
2 years ago
Development of financial institutions​
Lapatulllka [165]

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6 0
2 years ago
Keep-or-Drop Decision Petoskey Company produces three products: Alanson, Boyne, and Conway. A segmented income statement, with a
MAVERICK [17]

Answer:

Profit will reduce by $28,000

Explanation:

The impact on profit that would result from dropping Conway is shown below:-

                            Alanson            Boyne       Conway    Total

Sales revenue      $1,024,000     $185,000       -      $1,209,000

                               ($1,280,000 × 80%)

Less

Variable expenses  $892,000      $45,000         -      $937,000

                                 ($1,115,000 × 80%)

Contribution margin$132,000   $140,000 $ -    $272,000

Less:

Direct fixed expenses

Depreciation          $50,000        $15,000        $10,000  $75,000

Salaries                $95,000        $85,000            $ -       $180,000

Segment margin   ($13,000)     $40,000    ($10,000)  $17,000

Existing Profit                                                                    $45,000

Profit will reduce by                                                        $28,000

6 0
3 years ago
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