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Who owns a credit union? Explain.
The term Credit unions are owned by their members. While credit union members put money in their credit union, they are not exactly "depositing" the money. In place of, they are purchasing shares of the credit union. Generally, credit unions exist to pay interest on shares bought by, and collect interest on loans made to, the members.
(a) The BEQ is 200 customers per month, i.e. $3,000 / ($20 - $5) (b) The margin of safety is 300 customers, i.e. 500 - 200 (c) Graph (d) New break-even is 334 customers, i
TYPES OF FINANCE FUNCTIONS/ DECISIONS The most main decisions in finance relate to procuring funds, investing them in profitable projects or assets, operate for the year and a
Trade credit is free credit. Do you agree or disagree with this statement? Explain. No the Trade credit is not free. It comprises a cost. Who bears that cost relies on the te
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Revenue bonds are the securities issued for financing an entity for general public-purpose. The securities issued for entity financing are backed up with the
there are 3 compaies i have to find out the price of equity share by using walters and gordons model.
Flying High Inc. plans to raise $5,000,000 external financing through issuing bonds, and is considering two options: regular bonds and zero couple bonds. The regular bonds will ha
how do you calculate the current ratio
What is meaning of Perpetuity If annuity is expected to go on forever then it is known as a perpetuity and then the above formula reduces to: Present value: A/i Perpetuit
How does accounts receivable factoring work? What are the benefits to the two parties involved? What are the risks? Factoring is while one firm sells accounts receivable that i
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