What is an advantage and disadvantage of using a credit unions?
What will be an ideal response?
Since credit unions are member-owned, the top pro is they can offer more favorable rates. However, because credit unions are smaller institutions, the top con is they generally lag behind big banks in implementing new technologies.
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An example of property that is intangible is a:
a. song. b. computer. c. book. d. pencil.
A company earned $3,000 in net income for October. Its net sales for October were $10,000. Its profit margin is:
A. 33.3% B. 333%. C. 3%. D. 30%. E. 33%.
Direct competitive advertising focuses on
A. keeping the product's name before the public. B. developing primary demand. C. promoting an organization's ideas. D. making specific brand comparisons. E. aiming for immediate buying action.
In its first year of operations, Bronfren Corporation produced 800,000 sets and sold 780,000 sets of artificial tan lines. What would have happened to net operating income in this first year under the following costing methods if Bronfren had produced 20,000 fewer sets? (Assume that Bronfren has both variable and fixed production costs.) Variable costingAbsorption costingA)No effectIncreaseB)DecreaseIncreaseC)DecreaseDecreaseD)No effectDecrease
A. Choice A B. Choice B C. Choice C D. Choice D