Examine the methods that FNB can use to compete with other banks

Answers

Answer 1

Answer: In order to compete with another banks, it can do :
- Offer various benefit to gain more customer's deposit
- Create a specific market share and after only a specific consumer
- Make some goods investments to raise its total capital within its region

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Few people will use your 4’ Internet site to purchase products if they feel it is ______.a. Not secure b. Easy to use c. Quick loading d. Professional looking
Which of the following is most strongly supported by the Keynesian perspective of macroeconomics? A. inflation is a price that might have to be paid to achieve lower unemployment B. inflation offers no offsetting gains in terms of higher unemployment C. more emphasis on economic growth and how labor markets work D. shifts in unemployment primary determine changes in the price level
The marketing team of Kyns Technologies needed more funds to carry out market research for one of its new products. The research and development team also needed funds to improve the company's existing products. The teams decided to split the company's funds so that both teams could use them, but not optimally. Which of the following concepts does this scenario illustrate? A. Despotism B. Compromise C. Repression D. Domination

Sometimes compensation packages include bonuses designed to provide performance incentives to employees. The difficulty a bonus can cause accountants is not an accounting problem, but a math problem. The complication is that the bonus formula sometimes specifies that the calculation of the bonus is based in part on the bonus itself. This occurs anytime the bonus is a percentage of income because expenses are components of income, and the bonus is an expense.Regalia Fashions has an incentive compensation plan through which a division manager receives a bonus equal to 8% of the division's net income. Division income in 2013 before the bonus and income tax was $245,000. The tax rate is 30%.

Calculate the amount of the bonus.

Answers

Answer:

The amount of bonus=$12,992.42

Explanation:

Step 1: Express the formula as one of more algebraic equations

Let B=Bonus

Let T=Taxes

B=8%x($245,000–B–T)...equation 1

T=30%x($245,000–B)...equation 2

Since we have the value of T in equation 2, we can substitute it in equation 1 above;

B=8%x{(245,000–B–30%x(245,000–B)}

B=0.08 x {245,000-B-73,500+0.3 B}

B=0.08 x {245,000-73,500-B+0.3 B}

B=0.08 x {171,500-0.7 B}

B=13,720-0.056 B

B+0.056 B=13,720

1.056 B=13,720

B=(13,720/1.056)=$12,992.42

The amount of bonus=$12,992.42

Step 2: Prepare the adjusting entry to record the bonus compensation

Bonus compensation expense 12,992.42

Bonus compensation payable 12,992.42

On January 2, 2019, Kornis Corporation acquired equipment for $ 300 comma 000. The estimated life of the equipment is 5 years or 80 comma 000 hours. The estimated residual value is $ 40 comma 000. What is the balance in Accumulated Depreciation on December 31, 2019, if Kornis Corporation uses the doubleminusdecliningminusbalance method of depreciation?

Answers

Answer:

$120,000

Explanation:

The computation of the accumulated depreciation for the December 31,2019 using the double -declining method is shown below:

First we have to find the depreciation rate which is shown below:

= One ÷ useful life

= 1 ÷ 45

= 20%

Now the rate is double So, 40%

In year 1, the acquired cost is $300,000 , so the depreciation is $120,000 after applying the 40% depreciation rate

Which financial statement is considered a link between the income statement and balance sheet?a. Statement of cash flows
b. Statement of company assets
c. Statement of company liquidity
d. Statement of owner’s equity

Answers

Statement of owner’s equity is considered a link between the income statement and balance sheet.

The answer is D. Statement of owner's equity

Making a minimum payment: A.Means you are paying a small portion of your total credit card debt B. Is the same thing as making a late credit card payment C. Will have a negative effect on your credit score D. Will cause your credit card to be cancelled

Answers

Making the total minimum payment each month means you avoid a late payment fee and ensures you can keep using your card. This is the defenition of making a minimum payment so I would go with answer A

What does a wholesaling company do?

Answers

Most of the products they sell is plural (more than one), they sell it within boxes or by dozens

One source that grant writers could turn to for funding is a/an

Answers

There are many sources for funding like non-profit organizations, government agencies and academic institutions. For example, you have a research dedicated on building an equipment to improve the diagnosis of a complicated disease, you can ask funding from national healthcare institutions.

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