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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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At the beginning of the month, the forming department of martin manufacturing had 10,000 units in inventory, 30% complete as to
bonufazy [111]

Answer:

Equivalent units for materials are  68,400 units

Equivalent units for conversion are  66,800 units

Explanation:

Eighted average costing adds the value of beginning invventory in the period cost to calculate the average cost per unit.

According to this method the equivalent units formula is as follow

Equivalent Units  = Unit completed and transferred to Finished goods + Units in Work in Process x Completion percentage

Material

Equivalent Units  = 62,000 + 8,000 x 80% = 68,400 units

Conversion

Equivalent Units  = 62,000 + 8,000 x 60% = 66,800 units

6 0
4 years ago
For a monopoly, the level of output at which marginal revenue equals zero is also the level of output at whicha.total revenue is
Vikki [24]

Answer:

a.total revenue is maximized

Explanation:

Marginal revenue refers to the change in total revenue. Zero marginal revenue impllies no change in TR. Thus, only when TR is maximized will MR be zero before falling.

3 0
3 years ago
On January 1, Pharoah Company had 87000 shares of $10 par value common stock outstanding. On May 7, the company declared a 5% st
svet-max [94.6K]

Answer: credit to Common Stock Dividends Distributable for $43500

Explanation:

Based on the information given in the question, the entry to record the transaction of May 24 goes thus:

Debit Stock Dividend = 87000 × 5% × $16 = $69600

Credit To Common Stock Dividend Distributable = 87000 × 5% × $10 = $43500

Credit To Paid in capital in excess of Par - Common Stock = $69600 - $43500 = $26100

3 0
3 years ago
Porque alguien podría querer poner una "bandera Roja" en su propio informe crediticio?
castortr0y [4]

Answer:

I don't know what is meaning

Explanation:

sry

3 0
3 years ago
An auto company decided to relocate its offices from Huntsville, Alabama to Orlando, Florida. The human resources manager of the
yawa3891 [41]

In the given case the human resource manager will be considered frictionally unemployed. Thus the correct answer is B.

<h3>What is unemployment?</h3>

Unemployment is the situation in which an individual is unable to find any job or occupation to meet the financial needs of life after having all the required talents and qualifications.

Frictionally unemployment is a situation when an individual is relocating to another job from one job. In the given situation the manager is not terminated.

The human resource manager resigned from the job due to obligations from family. This shows that she has the skills and talents to pursue and join another job. The period in which she is searching for a job is considered frictional unemployment.

Learn more about unemployment, here:

brainly.com/question/14227610

#SPJ1

5 0
2 years ago
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