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mars1129 [50]
3 years ago
14

A credit union is different from a bank mainly because

Business
1 answer:
Kaylis [27]3 years ago
6 0

Answer:D:(A cooperative lending institution for a particular group.)

Explanation:

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The product cost that is most difficult to associate with a product is:.
saw5 [17]

Answer:

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3 years ago
Which of the following would you expect to decrease the demand for tennis racquets?
VladimirAG [237]

Answer:

C) An increase in the price of tennis racquets

Explanation:

If tennis racquets become more expensive, the demand for them will decline, and people will try to supply this need with substitutes, for example, lacrosse raquets. The reason for this is that the classical supply and demand model tells us that demand and price are inversely correlated: if the price goes up, demand goes down, and viceversa.

3 0
3 years ago
Analysis of a company's financial statements: Below are simplified versions of the balance sheet and income statement for Toys b
il63 [147K]

Answer:

The answer is:

A 15% increase in inventory turns for Toys by Tom, Inc. would bring this ratio to 4.8 times, suggesting improvement in efficiency.

Explanation:

We have the current Inventory turnover = COGS / Inventory = 41,700/10,000 = 4.17 times

=> An 15% increase in the Inventory turnover will bring the Inventory turnover ratio to: 4.17 x 1.15 = 4.8 times;

Increasing in inventory turnover may be the result of higher sales ( thus higher COGS) or low level of inventory holding - thus limiting the resources spending on idle inventory. So, higher level of inventory turnover in someways suggesting improvement in efficiency.

6 0
3 years ago
Using expenditure analysis, calculate the amount of income, if any, from "unknown sources."
mafiozo [28]

Answer:

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Explanation:

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3 years ago
After Joyce and Larry purchased their first house, they made additional home improvements in response to increases in income. Af
Nat2105 [25]

Answer:D) backward bending.

Explanation: Engel Curve is a curve developed based on the study on households expenditures and income by a German Statistical expert named Ernst Engel in the year 1857.

An Engel curve shows the relationship between demand for a good (on the horizontal or x-axis) and income level (on the vertical or y-axis). A normal good has a positive slope of curve is Positive,but if the slope of the curve is negative, the good is an inferior good.

THE CURVE FOR JOYCE AND LARRY AFTER THEY REDUCED THEIR HOME IMPROVEMENT SPENDING WILL HAVE A BACKWARD BENDING.

4 0
4 years ago
Read 2 more answers
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