do you think banks benefit society? if so, how and why?

Answers

Answer 1

Answer:

Explanation:

Why is easy. To make money. I mean increase wealth not like the Fed which literally does make money - to the tune of trillions per year.

Good Banks do serve a useful purpose. They take the money that savers put on deposit and loan it out to businesses to increase their net worth or individuals who want things like condos or houses.

The economy benefits by money circulating. The individuals benefit by investing in real estate and other tangibles to make them wealthier.

Not all banks especially recently, are honest. It is creating a lot of trouble.


Related Questions

define equity economics.​

Answers

Answer:

Equity or Economic equality is the concept or idea of fairness in economics, particularly in regard to taxation or welfare economics.

Answer:

Equity or Ecomics equality is the concept or idea of fairness in economics, particularly in regard to taxation or welfare economics

write step of naming IUPAC of homologous series with example.​

Answers

Explanation:

1. count the no. of carbon in longest chain or back bone of Carbone

2. if any substituent is present, give a smallest position

3.in the case of functional group you need to identify what is main functional group and substituent

eg. CH3-CH2-CH(Cl)-CH-(C2H5)

|

CHO

Here aldehyde (-CHO) is main functional group so the counting starts from aldehyde and chlorine (-Cl) is substituent and ethyl is another substituent get 3,2 position and 5 carbon present in carbon chain

IUPAC name of given compound = 2-(ethyl)-3-(chloro)-pentanal

what is commercial bank? in your own words. ​

Answers

Answer:

a commercial Bank is a type of banks that provide services such as accepting deposits making business loan etc

Explanation:

Al is a medical doctor who conducts his practice as a sole proprietor. During 2013, he received cash of $280,000 for medical services. Of the amount collected, $40,000 was for services provided in 2012. At the end of 2013, Al had accounts receivable of $60,000, all for services rendered in 2013. In addition, at the end of the year, Al received $12,000 as an advance payment from a health maintenance organization (HMO) for services to be rendered in 2014.
Compute Al's gross income for 2013:
a. Using the cash basis of accounting.
b. Using the accrual basis of accounting.
c. Advise Al on which method of accounting he should use?

Answers

Answer:

a. Cash basis

This recognizes revenue and expenses only when cash been received or spent.

Gross income for 2013 = Cash received for medical services + Advance payment

= 280,000 + 12,000

= $292,000

b. Accrual basis

This recognizes only revenue and expenses incurred in a period, regardless of if cash is paid or not.

Gross income for 2013 = Cash received for medical services - Cash received for medical services provided in previous periods + Accounts receivable

= 280,000 - 40,000 + 60,000

= $300,000

c. Use CASH BASIS OF ACCOUNTING

From a taxation point of view, using the cash basis would be more beneficial as Al will pay a less amount of tax as it is a lower income.

He will also be sure of the cash received unlike Accrual that recognizes Accounts receivable which have a chance of not being collected.

how to set up a small business plan for loan​

Answers

Answer:

You suck!!

I new I should of flagged you!

Answer:

Search it up on the internet.

Explanation:

Go to g00gle and write, how to set up a small business plan for loan.

Which of these is not one of the basic functions of the management​ process?

Answers

Answer:.

Explanation:

Whether it is proactive or reactive, organizational change is inevitable. Unfortunately, people don’t always like change and tend to be resistant to it. This activity is important because managers need to understand what to expect from employees in terms of their resistance to change in order to better manage workers through the change process.
The goal of this exercise is to challenge your knowledge of the ten reasons people resist change. First, read each of the statements that depict an example of something related to an organizational change. Then, click and drag each statement to the reason for change resistance that it best depicts.
1. Your manager ensures you the change won't alter your salary, but you worry he'll only look out for himself.
2. Your work colleague is upset about a change to the department, therefore you resist the change, too.
3. New procedures are vastly different from old ones, and you aren't sure you can learn them.
4. You worry that recent technology changes may eliminate the need for your managerial position.
5. The organization implements massive structural changes with no explanation.
6. A notoriously unlikeable manager delivers the news of a change.
7. Your boss suddenly and without warning announces her re-signation and replacement.
8. Five close members of a department are re-assigned and are no longer part of the same work group.
9. You immediately resist an organizational change because you have a deep fear of change.
10. All employees now must work two extra hours per week with no additional pay.
A. Individuals' Predisposition Toward Change.
B. Surprise and Fear of the Unknown.
C. Climate of Mistrust.
D. Fear of Failure.
E. Loss of Status or Job Security.
F. Peer Pressure.
G. Disruption of Cultural Traditions or Group Relationships.
H. Personality Conflicts.
I. Lack of Tact or Poor Timing.
J. Non-reinforcing Reward Systems.

Answers

Answer:

Organizational Change and Reasons for Resistance

Example  Reason for Change Resistance

1.              C. Climate of Mistrust.

2.             F. Peer Pressure.

3.             D. Fear of Failure.

4.             E. Loss of Status or Job Security.

5.             I. Lack of Tact or Poor Timing.

6.            H. Personality Conflicts.

7.            B. Surprise and Fear of the Unknown.

8.            G. Disruption of Cultural Traditions or Group Relationships.

9.            A. Individual's' Predisposition Toward Change.

10.          J. Non-reinforcing Reward Systems.

Explanation:

1) Reasons for resisting change:

A. Individual's' Predisposition Toward Change.

B. Surprise and Fear of the Unknown.

C. Climate of Mistrust.

D. Fear of Failure.

E. Loss of Status or Job Security.

F. Peer Pressure.

G. Disruption of Cultural Traditions or Group Relationships.

H. Personality Conflicts.

I. Lack of Tact or Poor Timing.

J. Non-reinforcing Reward Systems.

Multiple Select Question
Select all that apply
The parts of the process cost summary include: (Check all that apply.)
cost assignment and reconciliation.
equivalent units of production.
cost charged to each job.
costs charged to departments.
Need help? Review these concept resources.

Answers

Answer:

Cost assignment and reconciliation

Physical flow of units

Equivalent units of production

The parts of the cost summary include the cost assignment and reconciliation. The cost charged to each job and the equivalent units of production. Hence the option A, B, and C are correct.

What is a cost summary ?

The cost summary is one that is used to estimate the cost and is based on the cost-benefit analysis. The summary tells us about the assignment and reconciliation of the costs and costs that are charged for each job. It also tells us about the equal units of production.

Find out more information about the cost summary.

brainly.com/question/1788884.

How does a 12 year old get a lot of money

Answers

Answer:

babysitting, walking dogs, mowing lawns, shoveling snow,

Explanation:

Answer:

Explanation:

1)) babysitting

2)) small bussiness

3)) pet sitting

4)) yard work

5)) house sitting

6)) household work

7)) odd jobs

GL!

Which of the following commodities is a good?
A.
A swimming lesson
B.
A desk
C.
House cleaning
D.
Dog walking

Answers

Answer:

All are good actually

But house cleaning ig ;)

Answer:

B. A desk

Explanation:

A desk is a product that can be bought, sold, or traded.

also correct on edge

there are two packs of cards each containing 52 cards. one card is drawn from each pack. find the probability that at least one of them will be the ace of hears.​

Answers

Answer:

Probability drawing at least one ace of hearts is 3.8 %

Explanation:

Probability of drawing at least one ace of hearts = 1 - probability of no aces of hearts being drawn.

Probability of drawing no aces of hearts

[tex](\frac{51}{52})^2[/tex] [tex]= 0.9619[/tex]

Probability drawing at least one ace of hearts

[tex]= 1- 0.9619\\\\= 0.03809\\= 3.8[/tex]%


Evaluate the impact of induction on Coep​

Answers

Answer:

Jul 23, 2020 — This phase II study aimed to evaluate the efficacy and safety of ... 2-3 cycles of induction pegaspargase-COEP chemotherapy followed by ...

Explanation:

The effect of introduction on COEP is that it will attract more students to join in the programme.

What are the advantages of the induction?

Your new hires receive crucial information and job-specific training during induction. You warmly welcome them into their new positions and assist them in doing so. You can present the different offices and divisions of your business during this training as a site visit.

The goal of the student induction program is to assist new students in settling in and becoming comfortable in their surroundings, to introduce them to the institution's ethos and culture, to assist them in forming relationships with other students and faculty members, and to expose them to a sense of greater purpose and self-exploration.

Therefore, the effect of introduction on COEP is that it will attract more students to join in the programme.

To know more about the induction, visit:

https://brainly.com/question/18575018

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A survey conducted recently in China showed that in the last two years, Investments in the businesses increased by almost 75%. The same survey also concluded that people became wealthy by investing in businesses, and this motivated other people to invest more in their respective businesses. What most likely triggered this increases in investment?

Answers

Answer:A survey conducted recently in China showed that in the last two years, Investments in the businesses increased by almost 75%. The same survey also concluded that people became wealthy by investing in businesses, and this motivated other people to invest more in their respective businesses. What most likely triggered this increases in investment? Incentives

Explanation:China’s State Council announced US$6.59 billion worth of tax cuts for businesses and investors, hoping to reduce the burden on small and micro-enterprises, encourage investors to continue lending, and ensure capital flow in the economy. These tax cuts were for example:On companies that have suspended production or business due to restructuring or cutting of overcapacity. They can have their real estate tax and land-use tax either reduced or exempted altogether.Investors in social security funds and basic pension funds can enjoy tax relief.Postal savings banks with large amounts of agriculture-related loans can pay a preferential value-added tax.Lenders to small and micro-enterprises can enjoy expanded value-added tax exemption on loans to such enterprises.Foreign institutions can exempt their corporate income tax and value-added tax on interest gains from onshore bond market investments.Also, to boost foreign investments, China would cut import tariffs on 1,585 taxable items, including machinery, textiles, paper products, and construction materials...

2. Will planning become more or less important to managers in the future? Why?​

Answers

Answer:

I think it will not be important cause there would be new technology that would fix everything up.

Punitive damages are damages imposed on the wrongdoer by the court as punishment for an unintentional tort.

True
False

Answers

Answer:

False.

Explanation:

Punitive damages are the damages that a defendant pays in addition to actual damages. Punitive damages are awarded by a court when the defendant's behavior is found to be intentional or negligent.

In the cases of tort liability, the court applies punitive damages when defendants motif is proved to be intentional.

Therefore, the given statement is false, as the court impose punitive damages for intentional tort.

what is the difference between job rotation, job delegation, job enlargement and job enrichment​

Answers

Answer:

Whereas job enlargement means increasing the scope of job quantitatively by adding up more tasks, job enrichment means improvement in the quality of job such that employees are more satisfied and fulfilled. ... Job enrichment entails the functions of planning and organizing and enlargement involves execution of the same.

Why is it common for producers of services to sell through short distribution
channels directly to the end user?
O A. Transportation costs for services tend to be extremely high.
O B. Not many intermediaries care to distribute services.
C. Some kinds of services are distributed through a broker or agent.
D. The people providing the service often do so by interacting directly
with the user.

Answers

Answer:The people providing the service often do so by interacting directly with the user.

Explanation:

Just took the quiz.

What are the reasons of marketing for Air Jordans shoes??

Answers

Answer:

to better their brand recognition and better their market shares through embracing social media and customer interactions.

Explanation:

There is no substitute for the product that is being sold.

A) perfect competition
B) monopolistic competition
C) Oligopoly
D) monopoly

Answers

Answer:

monopoly or b

Explanation:

what is credit crunch ? in your own words. ​

Answers

Answer:

it is the sudden ruduction of available money or credit in the banks or lenders

Use the following to answer questions 31 - 32: Ann is the president of the Paper Supply Company. She is thinking about updating the technology used to produce the paper goods her company sells. Sales have been increasing and are currently around 7,000 tons per year. She has identified the following potential options: Alternative 1 - Use the current technology with annual fixed costs of $10,000 and variable costs of $10 per ton. Alternative 2 - Update the current technology resulting in annual fixed costs of $20,000 and variable costs of $8 per ton. Alternative 3 - Adopt the latest technology resulting in annual fixed costs of $40,000 and variable costs of $6 per ton. 31. The two relevant cross-over volumes (those volumes at which you would shift from one process to another)
A) 5,000 & 7,000
B) 7,000 & 10,000
C) 5,000 & 10,000
D) 7,500 & 10,000
Which alternative would you recommend, and why?
A) Alternative 1
B) Alternative 2
C) Alternative 3
D) Any of the above

Answers

Answer:

31. B) 7,000 & 10,000

32. B) Alternative 2

Explanation:

Volume is 7000 tons :

Alternative 1 costs : $10,000 + (7000 * $10 ) = $80,000

Alternative 2 costs : $20,000 + (7000 * $8 ) = $76,000

Alternative 3 costs : $40,000 + (7000 * $6 ) = $82,000

Alternative 2 is the most cheapest option if the volume is between 7,000 tons to 10,000 tons.

Which of the following rewards accrues to the factor of production called
"capital"​

Answers

Answer:

As factors of production, the reward for land is rent, capital is interest, labour is wages and salaries and entrepreneur is profit.

define equity economics.​

Answers

Answer:

fairness or evenness

Explanation:

Basically being fair to one another.

Producing one yard of cloth requires 3 worker and 1 capital, while producing one pound of food requires 1 worker and 2 capital. Both countries have 720 workers; the United States has 480 capital, while ROW has 720. The price of food is always $24/pound; the price of cloth is $22/yard in the United States in autarky and $32/yard in both countries under free trade. The labor constraint is

a. QC + 2QF = 720
b. QC + 3QF = 720
c. 2QC + QF = 720
d. 3QC + QF = 720
e. none of the above

Answers

Answer:

d. 3QC + QF = 720

Explanation:

The labor constraint is the resource limitation in terms of labors. If labor resource is scarce then production schedule needs to prepared with special attention to utilize the resource in best possible way. The labor constraint  is 3QC + QF = 720 for the ROW.

Jonas has been assigned to work with a team at Falk Enterprises, Inc. Jonas has supervised this team in the past, and they have always failed to produce results on time. One of the difficulties previously cited by the team was confusion over the roles each team member played. Discuss some the possible roles each of these team members could play and some steps Jonas could take to avoid frustration and delay with this project.

Answers

Answer:

There should be defined roles of all the team members and they should know their responsibilities.

Explanation:

Jonas should clearly assign tasks of the project to his team members and each member should be accountable for his task. Jonas should teach his team about the significance of time management and therefore task must be completed before deadlines. Each member of the team must have defined responsibilities and roles.

Ringmeup Inc. had net income of $143,100 for the year ended December 31, 2019. At the beginning of the year, 36,000 shares of common stock were outstanding. On May 1, an additional 18,000 shares were issued. On December 1, the company purchased 4,300 shares of its own common stock and held them as treasury stock until the end of the year. No other changes in common shares outstanding occurred during the year. During the year, Ringmeup paid the annual dividend on the 9,000 shares of 4.65%, $100 par value preferred stock that were outstanding the entire year. Calculate basic earnings per share of common stock for the year ended December 31, 2013.

Answers

Answer: $2.12 per share

Explanation:

Basic earnings per share is calculated by the formula:

= (Earnings - Preferred share dividends) / Weighted average number of shares at year end

Weighted average number of shares at year end:

= (36,000 * 11/12 months) + (18,000 * 8/12 months) + ((38,000 - 4,300)) * 1/ 12 months)

= 47,808 shares

Preferred share dividends :

= 9,000 * 4.65% * 100

= $‭41,850‬

Basic earnings per share:

= (143,100 - 41,850) / 47,808

= $2.117846

= $2.12 per share

Jennifer accepted her first job out of college and is moving to another state. How can her credit score affect her?

Landlords may contact prior landlords.
Lenders may look at business bankruptcies.
Insurers may look at garnishment of wages.
Government agencies may look at prior employment.

Answers

Answer:A

Explanation:

The credit score of Jennifer may be affected when she moves out of state for job after finishing her college, as the landlords may contact prior landlords. Hence, option A is correct.

What is a credit score?

A credit score is a report that describes and intends to showcase the credibility of an individual in the market. A good credit score results in ease of getting loans and EMI.

A credit score gets affected if there is any default in payments previously by the individual. If Jennifer has made any defaults in her rent payments, the landlords take a note of the same, as it affects her credibility.

Hence, option A holds true regarding a credit score.

Learn more about a credit score here:

https://brainly.com/question/25844483

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An entrepreneur might use _____ in the very early stages of a start-up.


friends and family

self-financing

investors

loans

Answers

Self- financing
:)))))

Answer:

An entrepreneur might use Friends and family/Investors in the very early stages of a start-up.

Explanation:

Edge 2021-2022

If your company uses a nonprice competition strategy, what should you focus on?
A.
Lowering prices
B.
Differentiation
C.
Creating direct competitors
D.
The public sector

Answers

Answer:

form of competition that requires form to focus on product differentiation instead of pricing strategies among competitors business cannot decide to compete against each other in the form of non price competition suggest that white icing and product development

Answer:

B.  Differentiation

Explanation:

Just took the test!

define capital economics.​

Answers

<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3

Answer:

In economics, capital consists of human-created assets that can enhance one's power to perform economically useful work. ... Capital goods, real capital, or capital assets are already-produced, durable goods or any non-financial asset that is used in production of goods or services

<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3

Answer:

In economics, capital consists of human-created assets that can enhance one's power to perform economically useful work. Capital goods, real capital, or capital assets are already-produced, durable goods, or any non-financial asset that is used in the production of goods or services.

Explanation:

hope this helps...

have a great day...

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