Answer:
see below
Explanation:
Online-only banks lack a physical presence like traditional banks. They operate over the internet and usually offer higher interest rate than the regular bank. Two reasons make them offer higher interests.
- Online banks do not require huge space under brink and mortar to operate. They do not need a large number of employees compared to other banks. It means they have low operating expenses, hence more profitable. Online-only banks can afford to pass the benefits of low running costs to their customers by offering high interest on deposits.
- Online-only banking is still a new concept in the banking industry. To gains popularity and attract more customers, online banks are offering higher interest rates than regular banks.
Answer:
The operating Income should increase by about 59.0%.
Explanation:
Degree of Operating Leverage = % Change in EBIT / % Change in Sales
5.9 = % Change in EBIT / 10%
% Change in EBIT = 5.9 * 10% = 59.0%
Answer:
Espoused value.
Explanation:
The espoused value can be defined as the values expressed on behalf of the organization. For example, the set of practices and procedures adopted by employees of an organization that provide positive results and value for a company.
Therefore, when an organization holds a ceremony to reward outstanding employees of the year, it is manifesting and promoting in the organizational culture the maintenance of moral conduct and corporate values necessary to maintain and enhance positive standards of conduct to achieve organizational success .
