1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
scoray [572]
2 years ago
6

How are credit unions different than banks?

Business
1 answer:
dusya [7]2 years ago
8 0

Answer:

Commercial banks are for-profit and credit unions are not-for-profit.

You might be interested in
If a bank benefits when a foreign currency declines in value, then the bank must be in a __________ position. The term below tha
Rzqust [24]
Short position (I think you were supposed to add answers)
8 0
2 years ago
Joseph purchased 100 shares of abcd growth fund for $10.00 per share for a total investment of $1,000. at the end of one year, h
EleoNora [17]
It is given that Joseph purchased 100 shares of ABCD Growth Fund for a price of $10.00 per share with a total investment of $1,000. At the end of the year he sold his investment for $11.20 per share. Find the total capital gain.

To get the capital gain, compute the total price in which Joseph sold his investment.

$11.20 x 100 = $1,120

Subtract the answer to the total price bought by Joseph
$1,120 - $1,000 = $120

The total capital gain is $120
7 0
3 years ago
What is the main activity of a producer cooperative?
fomenos
I think it's C

I hope it helped you!
5 0
2 years ago
A corporation reports the following year-end balance sheet data. The company's acid-test ratio equals:
Margaret [11]

Answer: 1.27

Explanation:

The acid test ratio of a company measure how well a company would be able to pay off its current liabilities using its most liquid current assets (current assets less inventory).

= (Cash + Accounts Receivable) / Current liabilities

= (40,000 + 55,000) / 75,000

= 95,000 / 75,000

= 1.27

8 0
3 years ago
What is the BEST reason to review your credit reports annually?
FrozenT [24]

Answer:

The correct answer is letter "C": To see if there are any errors or fraudulent activity.

Explanation:

Credit reports provide a summary of all the credits an individual has. It is a good practice to request a credit report at least once a year to find out if there is <em>fraudulent activity</em>. Banks usually inform account holders about fraudulent activity but in some other cases, such as in identity theft, the affected person does not realize what is happening until collection is made for the debt that person is supposed to have.

8 0
3 years ago
Other questions:
  • Suppose there is a policy debate over whether the United States should impose trade restrictions on imported ball bearings:_____
    11·1 answer
  • Venture capital (VC) firms are pools of private capital that typically invest in small, fast-growing companies that can't raise
    15·1 answer
  • Which of the following would be an effective way to let a national producer of children’s toys know that its products are substa
    11·1 answer
  • In the middle of this decade, the United States imported about $800 billion more in goods and services than it exported, thereby
    11·1 answer
  • Rodriguez Corporation issues 6,000 shares of its common stock for $96,000 cash on February 20. Prepare journal entries to record
    13·2 answers
  • Jacques has been asked to calculate the cost of goods manufactured for Sully Enterprises for fiscal year 2015. He has accumulate
    6·1 answer
  • Okay this is starting to get annoying. I ask an actual question and I just have bots reply with a link to a virus download and t
    15·2 answers
  • How do you professionally create and format a cover letter​
    8·1 answer
  • Carolyn wants to work as a manager. The position she is hoping to be hired for requires a doctorate degree. For what type of pos
    10·1 answer
  • Pineapple whip, a company that makes an ice cream-like treat using pineapple, sells its branding, production techniques, and pro
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!