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3 years ago

What is commercial bank? in your own words.

1 answer:

5 0

A commercial bank is a financial institution that is authorized by law to receive money from businesses and individuals and lend money to them. Commercial banks are also open to the public and serve individuals, institutions, and businesses.

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TOMS is a shoe company that, since its inception, has given away one pair of shoes to someone in need for every pair purchased b

Dafna11 [192]

Answer:

Socially responsible

Explanation:

A socially responsible company is one that seeks to identify as well as relieve the social needs in its business environment.

A major social problem or need around the world is the lack of clean drinking water and birthing services. Thus, by proffering solutions to this problem loyal customer of TOMS shoe company could notice that the company takes seriously its responsibility to the society.

3 0

3 years ago

Tom Noel holds the following portfolio: Stock Investment Beta A $150,000 1.40 B 50,000 0.80 C 100,000 1.00 D 75,000 1.20 Total $

exis [7]

Answer: -0.24

Explanation:

The portfolio beta is a weighted average of the betas of the individual stocks in it.

The portfolio beta before the replacement is;

= (1.4 * 150,000/375,000) + (0.8 * 50,000/375,000) + ( 1 * 100,000/375,000) + (75,000 * 75,000/375,000)

= 0.56 + 0.11 + 0.27 + 0.24

= 1.17

After the replacement, portfolio beta will be;

= (0.75 * 150,000/375,000) + (0.8 * 50,000/375,000) + ( 1 * 100,000/375,000) + (75,000 * 75,000/375,000)

= 0.32 + 0.11 + 0.27 + 0.24

= 0.93

The change is therefore;

= 0.93 - 1.17

= -0.24

6 0

2 years ago

What are durable goods?

JulsSmile [24]

They're the opposite of perishable goods.

Meaning, that durable goods can be left on the shelf for a while, and don't need to be imediately consumed.

Hope this helps!

6 0

3 years ago

What is the difference between the marginal product of labor and the marginal revenue product of labor for a firm in a perfectly

Alik [6]

Answer:

The marginal revenue product of labor is equal to the marginal product of labor multiplied by the product price. The formula is:

MRP = MPL x P

The marginal product of labor is the additional output that can be achieved by adding an additional unit of labor. The marginal revenue product of labor measures the same thing but in money, not units.

4 0

3 years ago

What is the difference between buying shares of stock and buying bonds

Alex73 [517]

Answer:

See explanation section

Explanation:

The difference between buying shares and buying bonds are as follows:

1. Buying stock gives a person to own the company while buying a bond that provides a person to become a debt-holder of the company who can receive interest and get the entire amount in the future.

2. Purchasing stock gives an individual the voting right to elect the board of directors of a company. Buying bonds does not give voting rights to the bondholders.

3. Stock owners can receive the profit in the name of dividends. Bondholders do not receive any profit. Instead, they receive interest annually.

7 0

3 years ago

What is commercial bank? in your own words. ​

What is commercial bank? in your own words.