All categories

3 years ago

Need helpppp asapppp!

Business

1 answer:

geniusboy [140]3 years ago

5 0

Banks are for-profit, meaning they are either privately owned or publicly traded, while credit unions are nonprofit institutions. ... This means members generally get lower rates on loans, pay fewer (and lower) fees and earn higher APYs on savings products than bank customers.

hope this helped

You might be interested in

1. A parent sells merchandise to its subsidiary at a markup of 20% on cost. In the current year, the subsidiary had $120,000 in

NARA [144]

Answer:

The subsidiary reports cost of goods sold at A. $660,000.

Explanation:

Cost of goods sold is the direct cost of producing or purchasing the goods sold by a business. The formula for cost of goods sold is as follows:

Cost of goods sold = Opening inventory + Purchases - Closing inventory

The subsidiary calculates its cost of goods sold as follows.

Opening inventory $120,000

Add: Purchases $720,000

Less: Closing inventory ($180,000)

Cost of goods sold $660,000

Therefore, the correct option is A. $660,000.

6 0

3 years ago

Why is it important for companies to invest in building a complete Data and Analytics Platform?

Setler79 [48]

It is essential for companies to invest in building a complete data and analytics platform to generate insights by housing data in one place and converting it into easily consumable information at high speed.

<h3 /><h3>Data and analytics platform</h3>

It corresponds to automated services and technology capable of processing a large amount of complex data and transforming it into relevant information in an organization.

Therefore, storing data on a platform can help to understand organizational scenarios, identify patterns, visualize and combine information to support organizational decisions more effectively and quickly.

The correct answer is:

It generates insights by housing data in one place and converting it into easily consumable information at high speed.

Find out more information about analytics platform here:

brainly.com/question/25893584

5 0

3 years ago

Annual inspections and planned maintenance for automotive lifts have been required in American National Safety Standards since 1

Sunny_sXe [5.5K]

If this helps make me the brainiest please!!

; False

4 0

3 years ago

Read 2 more answers

Land was acquired in 2021 for a future building site at a cost of $40,000. The assessed valuation for tax purposes is $27,000, a

Aleks [24]

Answer:

The land should be reported in the financial statements at $40,000

Explanation:

At the time of recording of the fixed assets, the fixed assets should be recorded at purchase cost or historical price

Since in the question, the land was purchased at $40,000 and moreover, it is assessed for the tax purpose for $27,000 and by other appraisers it was valued at $48,000 plus there is an offer of cash payment for $46,000

But at the time of recording, the balance sheet would show at the purchase price i.e $40,000

8 0

3 years ago

Initially, Eleanor earns a salary of $200 per year and Darnell earns a salary of $100 per year. Eleanor lends Darnell $50 for on

likoan [24]

Answer:

Scenario 1: Suppose all prices and salaries rise by 5% (as expected) over the course of the year. In the following table, find Eleanor's and Darnell's new salaries after the 5% increase, and then calculate the $58 payment as a percentage of their new salaries.

Eleanor's new salary = $200 x 1.05 = $210

Darnell's new salary = $100 x 1.05 = $105

the $58 payment represents:

$58 / $210 = 27.62% of Eleanor's new salary

$58 / $105 = 55.24% of Darnell's new salary

Scenario 2: Consider an unanticipated increase in the rate of inflation. The rise in prices and salaries turns out to be 14% over the course of the year rather than 5%. In the following table, find Eleanor's and Darnell's new salaries after the 14% increase, and then calculate the $58 payment as a percentage of their new salaries.

Eleanor's new salary = $200 x 1.14 = $228

Darnell's new salary = $100 x 1.14 = $114

the $58 payment represents:

$58 / $228 = 25.44% of Eleanor's new salary

$58 / $114 = 50.88% of Darnell's new salary

An unanticipated increase in the rate of inflation benefits <u>Darnell</u> and harms <u>Eleanor</u>.

5 0

3 years ago