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3 years ago

What aspects of managing your account were probably more difficult before online banking was available?

Business

1 answer:

sveticcg [70]3 years ago

5 0

Answer:

One of the main advantages of online banking is that you can access information about your account immediately and from anywhere. Before online accounts were available, you had to go to a bank or ATM on some specific cases if you wanted to carry out any type of transaction, e.g. pay a service or transfer money. Online accounts make it less likely for a person to go to a bank, e.g. in order to get a loan, I did it all online, I didn't even need to go to the bank.

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The Rhaegel Corporation’s common stock has a beta of 1.2. If the risk-free rate is 4.3 percent and the expected return on the ma

alexira [117]

Answer:

Cost of equity = 14.74%

Explanation:

The capital asset pricing model is a risk-based model for estimating the return on a stock..

Here, the return on equity is dependent on the level of reaction of the the equity to changes in the return on a market portfolio. These changes are captured as systematic risk.

Systematic risks are those which affect all economic actors in the market, they include factors like changes in interest rate, inflation, etc. The magnitude by which a stock is affected by systematic risk is measured by beta.

Under CAPM,

E(r)= Rf + β(Rm-Rf)

E(r)- cost of equity , Rf-risk-free rate , β= Beta, Rm= Return on market.

Using this model, we can work out the value of beta as follows:

β-1.2 Rf- 4.3%, Rm = 13%

E(r) = 4.3% + 1.2 × (13 - 4.3)%=14.74 %

Expected return = 14.74 %

Cost of equity = 14.74%

8 0

3 years ago

Galatea Foods was founded in Greece by Galatea Chronos in 1978, and the company spread rapidly through Western Europe. Ms. Chron

Alina [70]

The company probably uses the multidomestic strategy.

<h3><u>What is a multidomestic strategy?</u></h3>

A multi-domestic strategy is one in which businesses adapt both their product lineup and their marketing approach to suit several national contexts in an effort to maximize local responsiveness.
Each large national market where commerce is conducted typically has established production, marketing, and R&D operations.
The structure of multinational corporations is described by an alternative use of the phrase.
International or multinational businesses advertise comparable products in numerous countries and benefit from economies of scale through shared overhead.

Multinational corporations can achieve more localized management by having separate headquarters in many nations, but at a higher cost by forgoing the economies of scale through cost sharing and centralization.

Know more about multidomestic strategy with the help of the given link:

brainly.com/question/14989951

#SPJ4

4 0

1 year ago

Direct materials and direct labor of a company total $8300000. If manufacturing overhead is $4150000, what is direct labor cost

iragen [17]

Answer:

The direct labor cost cannot be ascertained from the information given in the question

Explanation:

Direct materials+Direct labor cost= $8300000

In order to determine the labor cost of the $8300000, we need a clue as to the percentage of the labor cost in the total of $8300000 or the portion of $8300000 that belongs to direct materials.

Since such a hint is missing,we can simply guess, costs incurred cannot be shared out on a basis that has no relationship with reality,hence, the correct answer is that the direct labor cost cannot be determined based on details provided.

5 0

3 years ago

When they produce 20,000 units per month, Sanders Incorporated has variable costs of $392,000 and fixed costs of $242,000. If Sa

Lady_Fox [76]

Answer:

increased in budget = $98000

correct option is A $98000

Explanation:

given data

produce = 20,000 units per month

variable costs = $392,000

fixed costs = $242,000

increases production = 25,000 units

to find out

how much will they have to increase their budget

solution

we get here total cost or present budget that is

total cost = variable cost + fixed cost

total cost = $392000 + $242000

total cost = $634000

and

variable cost per unit will be here

variable cost per unit = $\frac{variable\ costs}{produce}$

variable cost per unit = $\frac{392000}{20000}$

variable cost per unit = 19.6

and

variable cost for increased production = increases production × variable cost per unit

variable cost for increased production = 25000 × 19.6

variable cost for increased production = 490000

and

total cost of increased production = fixed cost + variable cost for increased production

total cost of increased production = $242000 + $490000

total cost of increased production = $732000

and

increased in budget = $732000 - $634000

increased in budget = $98000

correct option is A $98000

6 0

3 years ago

A U.S. automobile company sells many of its cars in countries that have lower taxes on corporate profits than the U.S. Why might

stira [4]

Answer:

It will be more profitable to vertically integrate because the company will be able to further reduce its costs.

Explanation:

Profit = Sales - Cost

The lower the cost, the higher the profit (if sales remains the same).

A Vertical integration strategy requires a company to <u>own or control its suppliers (backward integration) or its distributors or retailers (forward integration)</u>, and therefore, gain more control over its value chain.

<em>If the U.S. automobile company chooses to vertically integrate into the car retailing business in countries where it sells most of its cars, then it would cut out certain costs, such as the cost of contracting with independent car dealers, which would further improve profitability.</em>

Also, such forward integration into retailing means the company will develop processes along its value chain that will increase the efficiency of its operations.

4 0

3 years ago