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Orlov [11]
3 years ago
10

What is a major function of both retail and business banks?

Business
1 answer:
IRISSAK [1]3 years ago
5 0

Answer:

C.

Explanation:

Retail banking is a banking system that deals directly with retail consumers. Retail banking is responsible for providing financial aid to the general population. The major function of retail banking includes providing financial aid, checking and savings accounts.

Business banks, on the other hand, are also a part of the banking industry. It specifically deals with corporates and businesses, ranging from small-sized businesses to large-sized corporates. The major function of corporate banking or business banking is also to provide financial aid, checking and savings accounts.

Therefore, option C is the correct answer.

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The production possibilities frontier will shift outward
Ber [7]

Answer:

E. if technological advances occur is the correct answer.

Explanation:

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3 years ago
GRZ Inc. purchased a customized delivery truck in January 2018 for $70,000. They plan to use this truck for 7 years, and the com
asambeis [7]

Answer:

The correct answer is A) $2.800

Explanation:

Using the straight-line method to depreciate, the calculation to find the depreciation tax shield is the following:

  1. Finding the depreciable cost: Depreciable cost = purchase price ($70,000) - salvage value ($14,000) = $56,000
  2. Finding the depreciation per year: Depreciation/year = \frac{Depreciable cost (56,000)}{Asset useful life (7 years)} = $8000
  3. Finally, the depreciation tax shield for 2018: Depreciation tax shield = Dep/year ($8,000) * tax rate (0,35) = $2,800
7 0
3 years ago
Write a 600 word summary in your own words that identifies the main points you learned. Your summary should include at least one
Sveta_85 [38]

Answer:

heck no I'm definitely not writing that for you. ur lazy.

4 0
3 years ago
Read 2 more answers
Chik’s Chickens has accounts receivable of $6,333. Sales for the year were $9,800. What is its average collection period?
MAXImum [283]

Answer:

The answer is 235 days

Explanation:

Average collection period can also be called Days' outstanding period. And it is the number of days it takes a business to collect its money or receivables from the goods or services sold on credit.

Days' reveivables period or Average collection period = 365 days / reveivables turnover.

Receivables turnover = Sales/ average receivable

$9,800/$6,333

= 1.55

Average collection period=

365 days/1.55

=235 days

6 0
3 years ago
Distancia de seguridad para un frenado que evite accidentes
Arturiano [62]

se debe dejar 10 metros de espacio con el vehículo que va adelante; entre 30 y 60 kilómetros por hora, se debe tener una distancia de 20 metros; entre 60 y 80 kilómetros por hora, se debe guardar una distancia de 25 metros y al circular a más de 80 kilómetros por hora, 30 metros.

Explanation:

:D

4 0
3 years ago
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