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3 years ago

One important way in which banks make economic growth possible is by

Business

1 answer:

Gelneren [198K]3 years ago

6 0

Answer:

c). Lending money to business startups.

Explanation:

Banks receive deposits from customers, retains a small fraction, and loan out the big proposition to other customers. This way, banks pull together resources for businesses and households to borrow for consumption and expansion. Therefore, banks are intermediaries for the supply and demand for credit.

Banks help in economic development by availing capital for start-ups and growth through loans. They use customers' deposits to create credit facilities for businesses.

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Which of the following is not recorded on your credit report

lara [203]

Answer: Your credit report does not include your marital status, medical information, buying habits or transactional data, income, bank account balances, criminal records or level of education. It also doesn't include your credit score.

Explanation:

5 0

2 years ago

In a department, 28,000 units are completed and transferred out and 14,400 remain in ending WIP at 85% complete. If an equivalen

Zigmanuir [339]

Answer:

The value of materials transferred out is $224,000

Explanation:

The condition for the units for transferred is that they must have been completed 100% with respect to equivalent unit cost,hence the materials transferred out should be valued at full $8.00 per direct material.

The value of materials transferred out=28,000*$8.00

=$224,000

The value of WIP=$8.00*85%*14,400

=$97,920

The closing WIP of $97920 would be the beginning inventory in production next period an would ultimately form part of materials completed and transferred next period.

8 0

3 years ago

On May 1, 2016, Hecala Mining entered into an agreement with the state of New Mexico to obtain the rights to operate a mineral m

netineya [11]

Answer:

Explanation:

1. Mineral mine - $9.3 million

Development costs - $2500 000

1/[(1+0.07)^4]=0.76290

Restoration costs = $472995 = [(530k * 0.4)+(630k * 0.3)+($730k * 0.3)] *0.76290

Cost of mine= $9.3 million+$2500 000+$472995 = $12272995

2. Depletion:

($12272995/730000tons)*113000tons=$1899792

Depreciation of machinery=($143400-$12000)/730000 * 113000tons = $20340

Depreciation of structures=($36500/730000tons)*113000tons=$5650

3. Accrecion expense recognized:

$472995*0.07*8/12=$22073

4 0

3 years ago

If the team leader learns that organizational superiors are unaware of the team’s successes, the leader might initiate an "FYI"

ad-work [718]

Answer:

Advocating

Explanation:

The team leader needs to advocate and represent the team to their organizational superiors (upper management). Sometimes large organizations are too complex and BIG, and lower management has to find a way to make themselves be noticed. For example, he could start writing a newsletter, etc.

8 0

3 years ago

Carolina Biological Supply Company sells science instructional materials. It wants to grow beyond the current customer base and

irina [24]

Answer: B) identify business needs, segment total market, profile target customer segment, research and validate marketing opportunity

Explanation:

The options for the question are:

A) research and validate marketing opportunity, identify business needs, segment total market, profile target customer segment, research and validate marketing opportunity

B) identify business needs, segment total market, profile target customer segment, research and validate marketing opportunity

C) profile target customer segment, identify business needs, segment total market, research and validate marketing opportunity

Market targeting simply has to do with selecting target market from whole market and it should be noted that target market are the people that company or organization wants to satisfy.

In the scenario above, the first thing is to identify business needs. Every successful company has to identify its business needs. After then, market segmentation takes place and this is when potential customers are being divided into segments or groups as a result of the features they possess like location and interests.

After then, the target customer segment are being profiled. This is done in order to know more about the customers and to also tailor the products towards the requirements of the segments. Lastly, the marketing opportunity is being researced and validated.

3 0

3 years ago