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How do mergers affect communities?A: While a locally controlled bank is merged into a bank headquartered somewhere else (an out-of-market merger), a few apprehension about the institution's future commitment to the local community is bound to result. Though, because such mergers usually are motivated by a bank's desire to gain access to a new market, commitment to the community frequently is actually enhanced. Banks, aware that merger transactions focus public awareness on their role in the community, often demonstrate their commitment instantly through greater lending activity. Banking regulators monitor both the statements of commitment that are made by institutions at the time of a merger or acquisition, also banks' performance under the Community Reinvestment Act, which needs banks to serve all parts of the community.
Accounting Framework - Convention of Conservation Conservatism refers to the principle and practices that are established through way of tradition, reluctance to change from e
john has two options from which to choose one: (a)Either to pay shs24m for the motor vehicle now . OR (b)To pay for the car in four equal regular installments of shs7m ea
Q. What is Allocation Registers? The object of allocation register is keep the heads of department of divisions districts and regions informed of the progress of expenditure by
Define the term- Profitability maximisation Profitability maximisation would imply that a firm must be guided in financial decision making by one test; select projects, assets
What does an inventory turnover of 3.0 suggest? If inventory is sold for cash instead of on credit, how will this affect the inventory turnover? If a fi s inventory turnover is 4.0
Q. What are the Motives of Holding Cash? Motives of Holding Cash: - In every business assets are kept for the reason that they generate profit. But cash is an asset which doesn
What are the advantages and disadvantages of the internal rate of return method? The internal rate of return process is a discounted cash flow method and a number expressed as
Your task is to determine CDW's current cost of equity. Since the company is not yet publicly traded , you need to estimate its cost of equity from a set of comparable companies. U
Give a full definition of arbitrage. Answer: Arbitrage can be illustrated as the act of concurrently buying and selling the same or equivalent assets or commodities for the aim
#what are the main points in scope or contents of financial functions#
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