Answer:
312.5 million
-3.68 million
11040
Explanation:
The amount of deposits is $312.5 million
The reserve shortage created by deposit outflow of 4 million is - $3.68 million
The cost of the reserve shortage if Angus Bank borrows in the federal funds market is (federal funds rate is 0.3%) is $11040
Answer:
turnover ratio = 16.87 %
Explanation:
given data
average daily assets = $2.7 billion
fund sold = $405 million
purchased = $505 million
solution
we get here turnover ratio that is express as
turnover ratio = 
................1
put here value and we get turnover ratio
turnover ratio = 
turnover ratio = 0.16875
turnover ratio = 16.87 %
Good managers demonstrate commitment to ethical business practices with great leadership, authority, and responsibility.
Answer:
What is the term used to describe product attributes that attract certain customers and can be used to form the competitive position of a firm?
Competitive dimensions.
Explanation:
In the business world, there are companies that sell products that are used for the same things. The companies in this types of environments are in competition with each other since they are all fighting over the same resource which is market share. A bigger market share usually translates to more customers and more sales. Bigger sales reflects to a bigger profit margin. For a company to have a bigger market share, there are a number of things that they can do to form the competitive position of their firm. They can do this by using product attributes that attract certain customers, a situation termed competitive dimensions.
The following competitive dimensions can be considered, namely;
1. Quality: companies can focus on the quality of their product by improving the quality of the features above the competition. In this way some customers might consider opting for that product because of its perceived quality. The major features of quality are: reliability, performance, serviceability and value for money.
2. Time: the following form the major components of time, namely; delivery time, manufacturing lead-time and frequency of delivery.
3. Price and cost: these include selling price and the service costs.
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