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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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3 years ago

Technoid Inc. sells computer systems. Technoid leases computers to Lone Star Company on January 1, 2013. The manufacturing cost

Taya2010 [7]

Answer:

b. $3,115,234

Explanation:

Opening Balance as on 01.01.2013 $21,000,000

Less: Payment of First Instalment on 01.01.2013 $3,002,038

Net Balance as on 01.01.2013 $17,997,962

Add: Interest at 9% up to 30.06.2013 $1,619,816

Less: Payment of 2nd instalment on 30.06.2013 $3,002,038

Balance as on 01.07.2013 $16,615,740

Interest at 9% up to 31.12.2013 $1,495,417

Total interest revenue to be reported on the lease during the calendar year 2013 = $1,619,816 + $1,495,417 = $3,115,234

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3 years ago

What modern-day learning technique is most similar to apprenticeship?

melamori03 [73]

Answer:

Elementary school, where students learn academic and social skills under the constant supervision of an adult

5 0

3 years ago

Businesses do not use social commerce for new products. a. True b. False

Tcecarenko [31]

False because they make money for showing it

3 0

3 years ago

Southwest Airlines uses many different methods to generate extensive information about its customer base, and then it uses this

Alex

Answer:

(D) Southwest Airlines views itself as operating in a devolving market.

Explanation:

If Southwest Airlines believes it is operating in a devolving or declining market it will not make efforts to generate customer information with a view to enhancing customer experience.

The actions of Southwest Airlines are consistent with a company in an evolving market where there are new opportunities to expand their customer base and grow returns on investment.

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3 years ago