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SVETLANKA909090 [29]
3 years ago
10

How does a savings account benefit the bank

Business
1 answer:
prohojiy [21]3 years ago
7 0

Answer:

Having a strong base of savings account deposits is critical for a bank to remain solvent and profitable. Banks use that money to lend to borrowers, who then pay interest on their loans. After paying for various costs, banks pay money on savings deposits to attract new savers and keep the ones they have.

Explanation:

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Bricktown Exchange purchases a copyright for $50,000. The copyright has a remaining legal life of 25 years, but only an expected
son4ous [18]

Answer:

Correct option is (D)

Explanation:

Given:

Purchase price of copyright = $50,000

Expected useful life = 5 years

Annual depreciation expense as per straight line method:

= Purchase price ÷ useful life

= 50,000 ÷ 5

= $10,000

Only useful life is considered and not legal life.

Carrying value of asset at the end of year = Book value of asset - annual depreciation

Carrying value of copyright at then end of first year = 50,000 - 10,000 = $40,000

Carrying value of copyright at then end of second year = 40,000 - 10,000 = $30,000

5 0
4 years ago
In running a home business, it is important to keep accurate financial records. true false
Ivanshal [37]
It is important to keep accurate financial records so true
6 0
3 years ago
Read 2 more answers
You have an idea for a company that sources fruits from local farms and makes fresh juices on a daily basis. You want to start a
Semmy [17]

Answer:

VRIO = Value Rarity Imitablility Organization.  

Value highlights on the source is valued or not. It reflects that the company is systematized to deed the reserve of competence. Rarity is asked in positions of how infrequent and exclusive the assets are. Imitability means that how problematic is it for participants to duplicate the resource or competence. Organization is asked in positions of how fine the assets are structured to exploit the benefits in the market.  

Therefore, it is focused that the value, rarity and the organization is focused in the question but imitability isn’t focused.  However, some skills or resources are too expensive to be copied by other firms  

5 0
3 years ago
Rank the nine career characteristics in order of their importance to you, with the first being the most important. A 3-column ch
erastova [34]

Answer:

1. Work Environment.

2. Salary and Benefits.

3. Aptitudes and Abilities.

4. Education and Training.

5. Tasks and Responsibilities.

6. Work Hours.

7. Values.

8. Career Outlook.

9. International Career Outlook.

Explanation:

Just completed it.

6 0
3 years ago
What is the tradeoff for the average worker when it comes to international trade policies in specialization and comparative adva
Aleks [24]

the tradeoff for the average worker when it comes to international trade policies in specialization and comparative advantage because there is the possibility that workers could be laid off from their job.

Barriers to international trade are policies implemented by governments to prevent international trade and protect domestic markets. These include subsidies, tariffs, quotas, import and export licenses and standardization.

All agreements establishing free trade areas have the same goal of liberalizing trade, promoting economic growth, and giving member countries equal access to markets.

The WTO oversees four international trade agreements: the GATT, the General Agreement on Trade in Services (GATS), and the Agreement on Trade-Related Intellectual Property Rights and Trade-Related Investments (TRIPS or TRIMS).

Learn more about international trade policies here: brainly.com/question/15115779

#SPJ4

5 0
2 years ago
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