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
vovikov84 [41]
3 years ago
13

What is the functions of a commercial bank? Explain.

Business
1 answer:
Goshia [24]3 years ago
6 0

A commercial bank offers products and services such as loans, savings accounts, safety deposit boxes and mutual fund/insurance to individuals and businesses.

You might be interested in
The price of gold is currently $1,200 per ounce. The forward price for delivery in one year is $1,400. An arbitrageur can borrow
max2010maxim [7]

Answer:

I Dont know

Explanation:

sorrrrrrry I will try next time

4 0
2 years ago
Which of the following factor is a cause for team failure?
Anastaziya [24]

Answer:

Conflicting personalities

6 0
2 years ago
Read 2 more answers
______ segmentation delves into how consumers actually describe themselves
andrezito [222]
Psychographic, <span>Segmentation is a method that delves into how consumers actually describe themselves, their attitudes, interests and activities.</span>
3 0
3 years ago
Juniper Company uses a perpetual inventory system. The company purchased $9,750 of merchandise on August 7 with terms 1/10, n/30
MatroZZZ [7]

Answer:

b) Debit Accounts Payable $8,250; credit Merchandise Inventory $82.50; credit Cash $8,167.50

Explanation:

Preparation of correct journal entry to record the payment on August 16

Based on the information given we were told that the company made a purchased of the amount of $9,750 of merchandise with terms of 1/10 and as well made returned of the amount of $1,500 worth of the merchandise while the full amount due was paid on August 16 which means that the journal entry to record the payment on August 16 will be :

Debit Accounts Payable $8,250

($9,500-$1,500)

Credit Merchandise Inventory $82.50

(1%×$8,250)

Credit Cash $8,167.50

[(100%-1%)×$8,250)]

3 0
3 years ago
Both, current assets and non-current assets should be reassessed in order to determine the market value of a business. Group of
Igoryamba

It is True, that both, current assets and non-current assets should be reassessed in order to determine the market value of a business.

<h3><u>What are current assets and non-current assets?</u></h3>
  • Short-term assets, or those that can be swiftly sold and utilised for a company's urgent requirements, are known as current assets. Non-current Assets are long-term and have an operational life of over a year.
  • Cash, marketable securities, inventories, and accounts receivable are a few examples of current assets. Long-term investments, real estate, PP&E, and trademarks are a few examples of noncurrent assets.
  • Noncurrent assets are often valued at cost minus depreciation whereas current assets are frequently valued at market pricing.
  • Profits from the sale of assets held for more than a year are subject to capital gains tax (noncurrent assets).

To view more questions on market value, refer to : brainly.com/question/15148120

#SPJ4

7 0
1 year ago
Other questions:
  • Scenario 3: Assume that Jacob had not yet sold the office furniture division by the end of 2016. Further, assume that the fair v
    13·1 answer
  • Your friend Amanda suffers from a condition that reduces her blood's ability to carry oxygen. Which of the following is the name
    8·2 answers
  • Providing worker training on the safe use of the equipment being operated is the responsibility of the:
    6·1 answer
  • What is the purpose of the New Window command?
    14·1 answer
  • Aggregate supply (AS) in the short run denotes the relationship between the __________________ that firms choose to produce and
    15·1 answer
  • Stor Manufacturing stores hazardous and volatile chemicals in its warehouse. The warehouse has state-of-the-art equipment to mak
    15·2 answers
  • A fundamental analysis is reviewing a corporation's income statement. For the period, the company reported net sales of $10 mill
    6·1 answer
  • Milton Snoeyenbos argues that:_____.
    7·1 answer
  • Four importance of Engineering​
    15·1 answer
  • Which eoc configuration aligns with the on-scene incident?.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!