Which financial institution is known as a cooperative association?

Beanstalk International is a rapidly growing company with well-established subsidiaries in several nations. The company wants to

miskamm [114]

Answer:

value chain analysis

Explanation:

Value chain analysis is a tool used within a firm to identify processes that add value in an organisation. It aims to reduce activities that constitute unnecessary cost and improve on processes that add value or give competitive advantage.

Beanstalk International needs a strategy that will help it differentiate primary and support activities in the company with a view of adding more value and adapting it's product to local preferences.

The value chain analysis is ideal for this to identify primary activities that drive company competitiveness.

5 0

2 years ago

Nash Furniture Company started construction of a combination office and warehouse building for its own use at an estimated cost

valentinak56 [21]

Answer:

a. $610,080

b. $267,002.67

Explanation:

a. Weighted interest for short and long term loan.

Interest on short term loan = 10% * 2,100,000 = $210,000

Interest on long term loan = 11% * 1,500,000 = $165,000

Weighted interest = (210,000 + 165,000) / (2,100,000 + 1,500,000)

= 10.42%

Avoidable interest = Construction interest + ((Weighted-average amount of accumulated expenditures - Construction cost) * Weighted interest )

= (3,000,000 * 12%) + ((5,400,000 - 3,000,000) * 10.42%)

= $610,080

b. Capitalized cost = Cost to complete office and warehouse + Avoidable interest

= 7,800,000 + 610,080

= $‭8,410,080‬

Salvage value and Useful life are not included so assuming a salvage value of $400,000 and 30 years using a straight line depreciation, depreciation is;

Depreciation = ‭(8,410,080‬ - 400,000 ) / 30

= $267,002.67

6 0

2 years ago

Mohamed's four employees have been with him since he opened Employment Experts, Inc., nearly a decade ago. As he anticipates sta

Serga [27]

When the employees are inefficient the manager should take proper steps to improve the performance.

Explanation:

When Mohamed is seeing that his employees are not working properly ,he should take proper steps to uplift the performance that is, the manager should pay attention on the employee when they are facing problems,the managers should give clear feedback, the manager should understand the needs of the employees, the manager should provide proper technology as well as awards should be granted for better performance.

If these things Mohamed keep in mind then he will surely be able to deal with the situation.

4 0

2 years ago

Daryl would like to open new checking and savings accounts. One of his primary concerns is avoiding bank fees. Which type of ban

nikdorinn [45]

I found the same question but it had choices. The choices were:
a) retail bank
b) commercial bank
c) savings and loans
d) credit union

The type of banking institution that is most suitable for Daryl is CREDIT UNION.

Credit Union is defined as a member-owned financial cooperative. They offer banking services but these are offered to their members. They grant loans and interest paid on those loans are also given to member-owners as dividends.

Daryl will not only earn interest from his checking and savings accounts, he will also earn dividends. Any bank fees issued by the cooperative will be returned to them in the form of dividends.

5 0

2 years ago

Read 2 more answers

A company has an ending accounts receivable balance of $900,000 and estimates that uncollectible accounts will be 2% of its acco

Juliette [100K]

Answer:

$20,000

Explanation:

Allowance for uncollectible accounts will be 2% of its accounts receivable = 2% * 900,000 = $18,000

the balance of the Allowance for Doubtful Accounts after year-end = a credit balance of $2,000 + allowance for uncollectible accounts in year of $18,000

= $20,000

5 0

2 years ago