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Svetradugi [14.3K]
3 years ago
6

What is the difference between a commercial bank and a savings bank

Business
2 answers:
Andreas93 [3]3 years ago
3 0
The primary difference is the way each is regulated, which determines the type of banking products they offer. ... Both commercial banks and S&Ls also make loans to businesses and government agencies.
DerKrebs [107]3 years ago
3 0

Answer:

A commercial bank provides services such as accepting deposits, making business loans, and offering basic investment products that is operated as a business for profit.

A savings bank has a primary purpose which is accepting savings deposits and paying interest on those deposits.

Explanation:

Commercial banks are<u> owned and managed by a board of directors selected by stockholders</u>. Many commercial banks are <u>large, multinational corporations.</u>

S&Ls (Savings and Loan banks- just another name) are <u>owned and chartered differently</u> than commercial banks, and are <u>generally more locally oriented in terms of customers.</u>

By law, S&Ls <u>may lend up to 20% of their assets for commercial loans</u>, and only half of that can be used for small business loans. S&L <u>must be able to show that 65% of its assets are invested in residential mortgages and other consumer-related assets.</u>

Commercial banks do not have these types of limitations that S&L banks do.

Hope this helped :)

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Select all that apply GAAP and IFRS rules ______. require that the same method be used for both internal and external segment re
Alexxandr [17]

Answer:

The correct options are "A, C, and D".

Explanation:

  • GAAP becomes regarded as a relatively 'rules-based' management framework, seems to be the accounting technique used throughout the United States
  • IFRS becomes quite 'principles-based', although this would be the accounting framework used in more than 110 countries throughout the globe.
  • These allow the same approach being used for international and domestic section reporting, which generate reconciliation issues.

4 0
3 years ago
Lamborghini is a classic example of Question 2 options: selective distribution exclusive distribution intensive distribution ind
Leviafan [203]

Lamborghini is a classic example of exclusive distribution.

Selective distribution is a method of product distribution where more than one distributor is present in a given area. Brands of televisions, furniture, and home appliances frequently use it.

Exclusive distribution, on the other hand, describes a distribution strategy that only uses one distributor, retailer, or wholesaler in a particular region. Designer clothing, cars, and even home appliances frequently go through exclusive distribution.

A corporation may use an intensive distribution marketing plan to try to sell its goods from a small vendor to a large retailer. A customer will almost always be able to find the merchandise wherever he travels.

The sale and transfer of a product from a producer to a wholesaler, retailer, and ultimately to the customer is known as indirect distribution.

Hence, Lamborghini is a classic example of exclusive distribution.

Learn more about distribution:

brainly.com/question/14650242

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6 0
1 year ago
If workers are more educated, then short-run aggregate supply ___________.
Yakvenalex [24]

Answer:

O will increase and output and price level will increase as well.

Explanation:

If workers are more educated, the productivity of the country will increase, increasing total output. As investment in training increases, so thus the workers' capacity to perform more efficiently. Also, when the demand for better (or more) trained workers increases, the salary level will also increase. As workers gain training and/or experience, their salaries increase, e.g. on average, a person with a college degree earns much more than someone with just a high school degree. This increase in the level of salaries will lead to an increase in the general price level.

5 0
2 years ago
Bermuda Cruises issues only common stock and coupon bonds. The firm has a debt–equity ratio of .75. The cost of equity is 11.6 p
raketka [301]

Answer:

the capital structure weight of the firm's equity will be 57.14 %.

Explanation:

Weighted Average Cost of Capital is the return that is required by the providers of long term sources of finance.

A debt–equity ratio of 0.75 means:

Debt : Equity = 0.75 : 1

The Total Ratio will be = 0.75 + 1.00

                                     = 1.75

Therefore, the  capital structure weight of the firm's equity will be :

Equity Weight = Equity Ratio ÷ Total Ratio

                       = 1.00 ÷ 1.75

                       = 0.5714 or 57.14 %

7 0
3 years ago
the factor which determines whether or not goods should be included in a physical count of inventory is
quester [9]
Answer is : legal title


The factor which determines whether or not goods should be included in a physical count of inventory is:

a. legal title.
b. whether or not the purchase price has been paid.
c. management's judgment.
d. physical possession.


a. legal title
7 0
2 years ago
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