Answer:
$85.84 Million
Explanation:
Interest Income has been calculated as under:
Income on Consumer Loan = $372 * 17% = $63.24 Million
Income on Home Equity = $130 * 14% = $18.2 Million
Income on Consumer Loan = $40 * 11% = <u> $4.4 Million</u>
Total Income $85.84 Million
So the total income that the Friendly Financial will earn from the money invested will be $85.84 million.
Answer:
The correct answer is option (d).
Explanation:
According to the scenario, the given data are as follows:
Zwick bought stock = 28,000
Dividend paid = $2
So, we can calculate the Zwick company's dividend revenue by using following formula:
Zwick Company's dividend revenue = Zwick bought stock × Dividend paid
= 28,000 × $2
= $56,000
Hence, None of the above is correct answer for the scenario.
Cultural imperatives
Cultural imperatives are the customs of a nation that a business owner must comprehend and adjust to in order to succeed in that nation's market. Some cultural requirements, like the formality and rigid work culture of Japan, may be desirable, but others, like the widespread practice of bribery, may be seen as unfavorable or even illegal.
<h2>What are cultural imperatives in business?</h2>
If relationships are to be successful, cultural imperatives are the business norms and expectations that must be met, conformed to, or avoided. Successful businesspeople are familiar with terms like the Latin American compadre.
<h3>What are some examples of the cultural demands, choices, and exclusivities in Denmark?</h3>
IMPERATIVES
- Adherence to and recognition of cultural standards. The world's least corrupt country is Denmark. You must not indicate that they are able to detect corruption.
ELECTIVES:
- Cultural practices are electives that you can choose to follow or not. This modification can be advantageous for company.
Learn more about imperative at
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Answer:
An industrial bank is a state-chartered, financial institution, usually owned by a commercial firm, that is not regulated by a federal banking agency.
Explanation: