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3 years ago

I need q 4 and 5 please:)

Business

1 answer:

abruzzese [7]3 years ago

5 0

I can’t see the questions very well

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Which of the following is a major difference between Internet banks and traditional banks? The government does not regulate Inte

Aloiza [94]

Answer:

Internet Banks have lower overhead costs.

Explanation:

Online Banks and traditional banks are basically the same with the main difference being that Internet Banks have lower overhead costs. These are costs on the income statement usually including accounting fees, advertising, insurance, interest, legal fees, labor burden, rent, repairs, supplies, taxes, telephone bills, travel expenditures, and utilities. Since Internet Banks do not need many physical locations they save on many of these overhead fees.

3 0

3 years ago

A company issued a 20-year, $1,000 par value bond that pays semiannual interest of $40. If the semiannual market rate of interes

Kitty [74]

Answer: $828

Explanation:

Given the following :

Semi-annual payment = $40

Period = 20 years

Number of payments = (20 * 2)(semiannual) = 40 payments

Par value = $1000

Interest rate = 5%

Using the PV table:

PV at $1 (40, 5%) = 0.1420

PVA at $1 (40, 5%) = 17.159

[Par value * PV at $1 (40, 5%)] + [$40 * PVA at $1 (40, 5%)]

= ($1000 * 0.1420) + ($40 * 17.159)

= $142 + $686.36

=$828.36

= $826

4 0

3 years ago

Admission prices to Dollywood are $50 for a one-day ticket, $80 for a two-day ticket, and $100 for an annual pass. Based on thes

Neporo4naja [7]

Answer: b. $30; $20; $0

Explanation:

Admission prices to Dollywood are $50 for a one-day ticket, $80 for a two-day ticket, and $100 for an annual pass. Based on these prices, the marginal cost of visiting Dollywood the second day is $30, the third day is $20, and the fourth day is $0.

The marginal cost is the extra cost per day of going to Dollywood.

Second day

Marginal cost = Second day price - First day

= 80 - 50

= $30

Third day

Marginal cost = Third day price - Second day

= 100 - 80

= $20

Fourth Day

Marginal cost = Fourth day price - third day

= 100 - 100

= $0

3 0

3 years ago

Use the following information to determine the ending cash balance to be reported on the month ended June 30 cash budget.

sweet-ann [11.9K]

Answer:

D. $53,000.

Explanation:

The computation of the ending cash balance is shown below:

Beginning cash balance $95,000

Add: Receipts

Cash sales $418,000

Total cash receipts (a) $513,000

Deduct: Payments:

Cash payment for purchases -$273,000

Cash payment for salaries -$96,000

Other cash expenses -$58,000

Repayment of bank loan -$33,000

Total cash payments (b) $460,000

Net receipts /( payments) (a) - (b) $53,000

6 0

2 years ago

Fraternity is protected under the ..

nasty-shy [4]

None of them is the answer

7 0

2 years ago