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sergiy2304 [10]
3 years ago
8

What are the typical fees banks charge?

Business
2 answers:
baherus [9]3 years ago
7 0
What are the typical fees banks charge?
atroni [7]3 years ago
6 0
The average monthly maintenance fee on a small bank checking account is $10.95, compared to $16.35 at large banks.
You might be interested in
In the multiplex industry, Vibrant Movies Inc. is an upscale multiplex that focuses on superior customer experience. The firm ch
Rudiy27

Answer:

True movies is pursuing an integration strategy.

Explanation:

"Integrated marketing is the process of delivering a consistent and relevant content experience to your audience across all channels. [...] The ultimate goal of integrated marketing is a consistent, customer-centred experience that delivers results for your brand."

Reference: NewsCred. “What Is Integrated Marketing?” Insights, 7 Oct. 2019

5 0
3 years ago
Read 2 more answers
Walsh Company sells inventory to its subsidiary, Fisher Company, at a profit during 2017. With respect to one-third of the inven
zimovet [89]

Answer:

Cost of goods sold.

Explanation:

Equity method in accounting is the process by which profits and losses of a company are allocated on the basis of investments made in it. Take for example a parent company has a 40% stake in a subsidiary. When the subsidiary makes profit or loss the parent company recieves a share.

The investor is usually referred to as an associate or affiliate and usually own 20-50% of voting shares in the company. Therefore the equity method is used and not the cost method.

To account for unrecognised intra-entity profit a credit will be passed to cost of goods sold.

3 0
4 years ago
On the basis of the details of the following fixed asset account, indicate the items to be reported on the statement of cash flo
harina [27]

Answer and Explanation:

The items that should be reported on the cash flow statement is shown below;

On March 12 Purchase of fixed assets - investing activity - deducted - $104,300

On Oct 4  Sale of fixed assets - investing activity - added - $63,840

Gain on sale of fixed assets - operating activities - deducted - $31,710 ($95,550 - $63,840)

6 0
3 years ago
Find the after-tax return to a corporation that buys a share of preferred stock at $47, sells it at year-end at $47, and receive
kipiarov [429]

Answer:

5.80%

Explanation:

Computation of after-tax return

Based on the information given the total before-tax income will be $3.

Since the firm is in the 30% tax bracket this means that the taxable income will be calculated as:

Taxable income =(0.30 ×$3)

Taxable income = $0.9

The next step is to calculate for the Taxes

The taxes will be = (0.30 ×$0.9) = $0.27

Now let calculate for the After-tax income

After-tax income = ($3 - $0.27) = 2.73

The last step is to find the After-tax rate of return using this formula

After-tax rate of return =After-tax income/Share of preferred stock

Let plug in the formula

After-tax rate of return = ($2.73/$47)

After-tax rate of return=0.058×100

After-tax rate of return = 5.80%

Therefore After-tax rate of return will be 5.80%

4 0
3 years ago
What rule is important to remember when evaluating risk and return? The higher the risk, the higher the potential return. The hi
andrew-mc [135]

Answer: The higher the risk, the higher the return.

Returns from an investment refers to the gains or losses over a specified period, and is quoted as percentage.  

Risk refers to the possibility or the chance that the actual return that is earned is greater than or less than the return expected by the investor. Thus, uncertainty is another name for risk.  

If the returns from an investment are certain, the risk involved is low. When risk is low, the returns are also low. For e.g. the return from a T-bill is low because the risk of default is zero, since the government can print money to fund its debt.  

The higher the level of risk involved, the greater the potential for a higher return.  

5 0
4 years ago
Read 2 more answers
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