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Anna71 [15]
3 years ago
14

What is the most likely reason banks offer personal financial planning services?

Business
2 answers:
9966 [12]3 years ago
8 0

Answer: Financial planners at a bank are limited in the products they can sell. Investing with a financial planner at a bank may afford the consumer savings on other products offered by the bank.

Explanation: I found it on Quizlet

kaheart [24]3 years ago
5 0
To increase profits I think
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Chiquita produces bananas for an average explicit cost of $0.25 per banana and sells 1 million bananas per week for a price of $
Sergio039 [100]

Answer:

Option (A) is correct.

Explanation:

Given that,

Implicit costs per week = $200,000

Average explicit cost per banana = $0.25 per banana

Per week bananas sold = 1 million

Explicit cost = Average explicit cost per banana × No. of banana sold

                    = $0.25 × 1,000,000

                    = $250,000

Total revenue = No. of banana sold × Selling price of each banana

                        = 1,000,000 × $0.50

                        = $500,000

Accounting profit = Total revenue - Explicit cost

                             = $500,000 - $250,000

                             = $250,000

Economic profit:

= Total revenue - Explicit cost - Implicit costs

= $500,000 - $250,000 - $200,000

= $50,000

5 0
3 years ago
Sheffield Realty Corporation purchased a tract of unimproved land for $115,500. This land was improved and subdivided into build
monitta

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

Download xlsx
4 0
3 years ago
The following information pertains to Lessor Company: Total assets $150,000 Total current liabilities 110,000 Total expenses 160
ipn [44]

Answer:

Achieved. The ROI currently is 13.33% So the prohect earning a ROI of 12% was accomplished

Explanation:

Return on Investment will be  Income/ Investment Capital

Which in this case is defined as total assets.

So it would be<em> Income / Total Assets</em>

The last is a given figure: 150,000

Now <u>let's first find out the income:</u>

180,000 revenues - 160,000 expenses = 20,000 net income

Finally <em>calculate the </em><em>ROI</em>  20,000/ 150,000 = 13.33%

8 0
3 years ago
A new brand of peanut butter cookies includes Hershey's Kisses chocolates on top. Which of the following is this new brand using
astra-53 [7]

Answer:

B) brand alliance

Explanation:

Firms with a limited reputation sometimes form a brand alliance with a reputable firm so as to gain from the quality associated with the known brand

4 0
3 years ago
Whereas marketing and financial careers have been transformed by the growth in information systems, thus far managerial position
AlladinOne [14]

Answer and Explanation:

B. False

6 0
3 years ago
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