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1 year ago

How might competitive pressures have led to different types of checking accounts?

1 answer:

5 0

Competitive pressures have made banks have different benefits and requirements for holding a checking out with them. If each bank had the same requirements for a checking account as the next one did, there would be no advantages or reasons to work with different banks. The different types of accounts and what they offer can reach different clients and needs of a consumer.

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Which of the following statements concerning service guarantees is FALSE? A service guarantee is a mechanism to build customer l

Serhud [2]

Answer:

A service guarantee is a way to avoid compensating customers for a service failure.

Explanation:

4 0

1 year ago

The order of presentation of activities on the statement of cash flows is

Rufina [12.5K]

Answer:

Operating activities

Investing activities

Financing activities

Explanation:

In a cash flow statement, the activities of the organization are usually recognized in 3 parts namely; Operating activities, investing activities and financing activities.

The operating activities include elements such as net profit, non cash items, change in current assets and liabilities.

The investing activities include cash flows from the disposal and purchase of assets etc

The financing activities includes cash flows from the disposal and sale of shares etc.

The net cash flows from these activities is the netted off the cash balance at the beginning of the period to get the cash balance at the end of the period.

Hence the order of presentation of activities on the statement of cash flows is

Operating activities

Investing activities

Financing activities

6 0

2 years ago

The two broad categories of buying behavior are ____ and ____. a. psychological; social b. government; industrial c. consumer; p

Ede4ka [16]

A) psychological : social

5 0

1 year ago

An international firm considering foreign expansion should take into account that: a) the timing and scale of entry of foreign e

Alchen [17]

Answer: c) if the firm's core competence is based on proprietary technology, entering a joint venture might risk losing control of that technology.

Explanation:

When firms expand into international markets, it is a standard practice to partner with a local company that already has expertise in the market to enable an easier transition.

This creates a problem however because in partnering with the company, the competitive advantage that the company holds could be at risk. This is even more so if the competitive advantage is based on proprietary technology and by entering into a partnership and giving another company access to that technology, there is a risk that control could be lost.

7 0

1 year ago

Hensely Company, which produces and sells a small digital clock, bases its pricing strategy on a 25 percent markup on the total

Romashka-Z-Leto [24]

Answer:

<u>Contribution margin income statement for the special order-8,000</u>

Sales (8,000× $12) 96,000

Less Variable Costs ($ 240,000/25,000×8,000) (76,800)

Contribution 19,200

Less Fixed Costs 0

Net Income 19,200

The special order results in an incremental income of $19,200, therefore Hensely should accept the special order.

Explanation:

The Fixed Costs are irrelevant for this decision since Hensely has excess capacity and incurrs the expense whether or not the special order is accepted.

<u>Contribution margin income statement for the special order-8,000</u>

Sales (8,000× $12) 96,000

Less Variable Costs ($ 240,000/25,000×8,000) (76,800)

Contribution 19,200

Less Fixed Costs 0

Net Income 19,200

The special order results in an incremental income of 19,200, therefore Hensely should accept the special order

5 0

2 years ago