Savings and credit cooperatives or, simply, credit cooperatives are cooperative societies whose corporate purpose is to serve the financial needs of their members and third parties through the exercise of the activities of credit institutions.

Savings and credit cooperatives are also known for their acronym in English, SACCO: Savings and Credit Cooperative.

These cooperatives are usually local and seem to be more suited to rural areas. Above all they have access to external funds and they are properly managed. And although there is a World Council of Credit Unions (WOCCU) there are few local or rural cooperatives associated with it.

5 0

3 years ago

Cartier corporation currently sells its products for $50 per unit. the company's variable costs are $20 per unit. fixed expenses

charle [14.2K]

The answer is 40%, in which the following are given: the Variable expense is equal to 20 dollars per unit and Sales is equal to 50 dollars per unit. Use the formula Variable Expense Ratio = Variable Expenses / Sales to get the answer.

Variable Expense Ratio = Variable Expenses / Sales
Variable Expense Ratio = 20 dollars per unit / 50 dollars per unit
Variable Expense Ratio = 40 %

The variable expense ratio is an expression of variable production costs of the company as a percentage of sales, calculated as variable expense divided by total sales. It compares a cost that alters with levels of production to the number of revenues generated by production.

8 0

3 years ago

Janice creates computer generated graphics and animations. She creates special effects using film, video, computer programs and

AveGali [126]

B) Multimedia artist and animator

Explanation:

As she works in multimedia forms and creates special effects for film, video and computer program J<u>anice will find her skills to be the most useful when she works as a multimedia artist and an animator</u>.

<u>It is a job with great scope and variety of work ranging from computer graphics, graphic designing and designing games and effects from films</u>.

As it is a growing industry Janice will find different avenues as she carves out these niches for herself.

5 0

3 years ago

Read 2 more answers

Manhattan Developers, Inc., pays Northeast Trust Company to release its claim to a strip of waterfront property. Northeast gives

soldier1979 [14.2K]

"Manhattan Developers, Inc., pays Northeast Trust Company to release its claim to a strip..." this is a quitclaim deed. This is further explained below.

Generally, the deed is simply defined as Legal documents that are signed and delivered, particularly those that deal with property or legal rights.

In conclusion, When a company pays another company to relinquish a claim to a strip mine, it is executing a quitclaim deed.