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2 years ago

What are the primary assets of credit unions?

Business

1 answer:

Feliz [49]2 years ago

5 0

Answer:

The correct answer is B.

Explanation:

Savings and credit cooperatives or, simply, credit cooperatives are cooperative societies whose corporate purpose is to serve the financial needs of their members and third parties through the exercise of the activities of credit institutions.

Savings and credit cooperatives are also known for their acronym in English, SACCO: Savings and Credit Cooperative.

These cooperatives are usually local and seem to be more suited to rural areas. Above all they have access to external funds and they are properly managed. And although there is a World Council of Credit Unions (WOCCU) there are few local or rural cooperatives associated with it.

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The village of Hempstead has been taking a look at the issue of responding to 911 calls. It is a small community and geographica

yuradex [85]

Answer:

$\bar X = \frac{17+12+9+16+14}{5}= 13.6min$

So then the best answer for this case would be:

a. 13.6 minutes

Explanation:

For this case we have the following data for the response rates:

17,12,9,16,14

And we want to calculate the mean response time for 911 calls in this village.

And for this case we use we can use the definition of sample mean given by:

$\bar X = \frac{\sum_{i=1}^n X_i}{n}$

Where n = 5 represent the sample size for this case. If we replace we got:

$\bar X = \frac{17+12+9+16+14}{5}= 13.6min$

So then the best answer for this case would be:

a. 13.6 minutes

The sample mean is an estimator unbiased of the population mean because:

$E(\bar X) = E(\frac{\sum_{i=1}^n X_i}{n}) = \frac{1}{n} \sum_{i=1}^n E(X_i) = \frac{n\mu}{n}= \mu$

For this reason is a good statistic if we want to see central tendency in a group of values.

8 0

2 years ago

A U.S. manufacturing company operating a subsidiary in an LDC (less-developed country) shows the following results: U.S. LDC Sal

Dmitrij [34]

Answer:

Part A:

Labur Productivity:

For US=5.14, LDC=1.35

Capital Productivity:

For US=1.72 LDC=4.31

Part B:(Multi factor productivity)

For US=1.29 LDC=1.03

Part C: (Raw material productivity)

For US=4.90 LDC=10.02

Explanation:

Part A:

Labur Productivity:

For US:

$Partial Labor Productivity=\frac{Sale(units)}{Labour(hours} \\Partial Labor Productivity=\frac{100505}{19550} \\Partial Labor Productivity=5.14$

For LDC:

$Partial Labor Productivity=\frac{Sale(units)}{Labour(hours} \\Partial Labor Productivity=\frac{19600}{14550} \\Partial Labor Productivity=1.35$

Capital Productivity:

For US:

$Capital Productivity=\frac{Sale(units)}{Capital Equipment} \\Capital Productivity=\frac{100505}{58600}\\Capital Productivity=1.72$

For LDC:

$Capital Productivity=\frac{Sale(units)}{Capital Equipment} \\Capital Productivity=\frac{19600}{4550}\\Capital Productivity=4.31$

Part B:

For US:

$Multifactor Productivity=\frac{Sales(units)}{labour(Hours) + Capital Equipment(hours)}\\ Multifactor Productivity=\frac{100505}{19550+58600} \\Multifactor Productivity=1.29$

For LDC:

$Multifactor Productivity=\frac{Sales(units)}{labour(Hours) + Capital Equipment(hours)}\\ Multifactor Productivity=\frac{19600}{14550+4550} \\Multifactor Productivity=1.03$

Part C:

For US:

$Raw material productivity=\frac{Sales(Hour)}{Raw Material} \\ Raw material productivity=\frac{100505}{20500} \\ Raw material productivity=4.90$

ForLDC:

Converting Raw material FC into $ (1$=10FC)

Raw Material =19550/10=$1955

$Raw material productivity=\frac{Sales(Hour)}{Raw Material} \\ Raw material productivity=\frac{19600}{1955} \\ Raw material productivity=10.02$

3 0

2 years ago

Method A assumes simple interest over final fractional periods, while Method B assumes simple discount over final fractional per

Marina86 [1]

Answer:

The answer is "1.1"

Explanation:

In the case of a single Interest, the principal value is determined as follows:

$\ I = Prt \\\ A = P + I\\A = P(1+rt) \\\\A = amount \\P= principle\\r = rate\\t= time$

In case of discount:

$D = Mrt \\P = M - D \\P = M(1-rt)\\\\Where, D= discount \\M =\ Maturity \ value \\$

Let income amount = 100, time = 1.5 years, and rate =20 %.

Formula:

A = P(1+rt)

A =P+I

by putting vale in the above formula we get the value that is = 76.92, thus method A will give 76.92 value.

If we calculate discount then the formula is:

P = M(1-rt)

M = 100 rate and time is same as above.

$P = 100(1-0.2 \times 1.5) \\P = 100 \times \frac{70}{100} \\P = 70$

Thus Method B will give the value that is 70

calculating ratio value:

$ratio = \frac{\ method\ A \ value} {\ method \ B \ value}\\\\\Rightarrow ratio = \frac{76.92}{70}\\\\\Rightarrow ratio = \frac{7692}{7000}\\\\\Rightarrow ratio = 1.098 \ \ \ \ or \ \ \ \ 1.$

4 0

2 years ago

An aircraft company has an order to refurbish the interiors of 18 jet aircraft. The work has a learning curve percentage of 80.

gavmur [86]

Answer:

a. 125.43 hours

b. 767.92 hours

c. 2,129.04 hours

Explanation:

Using the mathematical approach, we have :

y = ax ^b

Where ,

y is the average time to manufacture x units

a is the time its takes to manufacture first plane

b is the log of 80% divided by log 2

Then,

Average time for 5 planes = 300 (5)^-0.322

= 178.67 hours

Total time for 5 planes = 178.67 hours × 5

= 893.35

Average time for 4 planes = 300 (4)^-0.322

= 191.98 hours

Total time for 5 planes = 191.98 hours × 4

= 767.92 hours

The fifth plane would take = 893.35 - 767.92

= 125.43 hours

Average time for the 18 planes = 300(18)^-0.322

= 118,28 hours

Total time for 18 planes = 118,28 hours × 18

= 2,129.04 hours

5 0

2 years ago

A. when you create a sculpture for art, is it copyrighted? _____________ what about a poster you make on the computer for techno

strojnjashka [21]

Copyright is a tangible form of protection for intellectual property (original works including literary, dramatic, musical, artistic, ) provided by the laws of the United States. It can be published or unpublished.

The law aims to encourage the creation of art and culture by giving the authors and artists a set of exclusive rights which includes the right to make and sell copies of their works, create derivative works, and perform or display their works in public.

• A. when you create a sculpture for art, is it copyrighted? Yes, A sculpture of art can be copyrighted.

• NO. A poster you make on the computer for technology class, not an original artwork.

• Yes. As long as the dance you created in P.E. is original.

• Yes, you have to file for copyright protection.

• b. If you live until 75 years old, copyright will expire 70 years after your death.

• C. The “Fair Use doctrine”

3 0

2 years ago

What are the primary assets of credit unions​?

What are the primary assets of credit unions?