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Katarina [22]
2 years ago
12

Define bank run in your own words.​

Business
1 answer:
lina2011 [118]2 years ago
5 0

Answer:

A bank run occurs when a large number of customers of a bank or other financial institution withdraw their deposits simultaneously over concerns of the bank's solvency. As more people withdraw their funds, the probability of default increases, prompting more people to withdraw their deposits.

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What do organisations need to consider when implementing best practice performance management systems?
kolbaska11 [484]

Answer:

Remember that performance review is NOT performance management. ...

Identify the purpose of managing performance. ...

Clarify the work to be done. ...

Set goals and establish a performance plan. ...

Conduct regular and frequent coaching. ...

Conduct a formal review of performance.

Explanation:

YOU COULD'VE JUST LOOKED IT UPPPPP AHAHAHHABHADGHVDBGVFHJF

7 0
2 years ago
Match the items with the actions necessary to reconcile the bank statement.
Leokris [45]

1. interest credited in bank account -- add to personal

2. fee charged by bank for returned check -- deduct from personal

3. checks issued but not deposited -- deduct from bank

4. deposits yet to be credited -- add to bank

8 0
3 years ago
Read 2 more answers
The Sisyphean Company is planning on investing in a new project. This will involve the purchase of some new machinery costing $4
saul85 [17]

Answer:

21%

Explanation:

Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested

IRR can be calculated with a financial calculator  

Cash flow in year 0 = $-400,000.

Cash flow in year 1 - 4 = $157,452.975

IRR = 21%

To find the IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.  

4 0
2 years ago
Your payment of $123005.12 was received on June 3 2006 by our offices in Macon Georgia. Your payment of $123,005.12 was received
Stella [2.4K]

Answer:

Your payment of $123,005.12 was received on June 3, 2006, by our offices in Macon, Georgia.

Explanation:

Period are placed between the digits of written Numbers or figures use to separate different places like thousands, millions etc. starting leftward from the decimal point Just like $123,005.12. While for a three-part date, commas are placed between   the date with month and year . It will be June 3, 2006. The name of a place which mention the city and country require a comma between the city name and country name like Macon, Georgia.

The correct punctuated statement is " Your payment of $123,005.12 was received on June 3, 2006, by our offices in Macon, Georgia."

Corrections are

Your payment of $123005.12 was received on June 3 2006 by our offices in Macon Georgia.

No commas have been used in Figures, date and Place name.

Your payment of $123005.12 was received on June 3 2006, by our offices in Macon, Georgia.

The Periods in figure are missing, it should be as $123,005.12

Your payment of $123,005.12 was received on June 3, 2006 by our offices in Macon Georgia.

The commas to separate the places name is missing, it should be Macon, Georgia.

4 0
3 years ago
A(n) _______ is an arrangement in which a third party promises to be secondarily liable for the payment of another's debt.
Gre4nikov [31]
A. guaranty arrangement
The third party is providing a guarantee that the lender will recover the debt regardless of the borrower's reputation to pay.
3 0
3 years ago
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