BUSINESS HIGH SCHOOL

The main types of financial institutions are _____. Choose all that apply.

A. savings and loans banks
B. stock firms
C. financial advisors
D. credit unions

Answers

Answer 1
Answer:

Answer:

banks, credit unions, and savings and loans

Explanation:

Just get it right on a test
Answer 2
Answer:

Answer:

the answer is banks, brokerage firms, insurance companies.

Explanation:

it is on edge

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The difference between the cost of a product or service and the selling price of that product or service is called

Answers

Answer:

rate

Explanation:

it's called at rate

Final answer:

The difference between the cost of a product or service and the selling price is called profit margin. It measures the profitability of a product and is calculated by subtracting the cost from the selling price, and then dividing by the cost.

Explanation:

The difference between the cost of a product or service and the selling price of that product or service is called profit margin. It is a crucial financial metric used in business to measure profitability. The profit margin is usually expressed as a percentage. For example, if a product is bought for $50 and it is sold for $70, the profit margin would be 40%, calculated by subtracting the cost from the selling price, dividing by the cost, and then multiplying by 100.

Learn more about Profit Margin here:

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What is the primary purpose of the Statement of Cash Flows?The primary purpose of the Statement of Cash Flows is to a. provide information regarding a firm's financial position. b. provide information regarding a firm's profitability. c. provide information regarding the investing or the financing activities of a firm. d. provide information about a firm's cash inflows (receipts) and outflows (payments). e. none of the above

Answers

The primary purpose of the Statement of Cash Flows is d) to provide information about a firm's cash inflows (receipts) and outflows (payments).

If you wanted to borrow money to purchase a home, you would go toa. a mortgage broker.
b. an escrow agent.
c. a title company.
d. a realtor.

Answers

If you wanted to borrow money to purchase a home, you would go to A. A MORTGAGE BROKER.

A mortgage broker serves as an intermediary between a lending institution and an individual or company.

Lending Institutions are banks, finance companies, and loan companies. Instead of you going to the bank to ask for a loan, you would go to a mortgage broker.

It is the job of the mortgage broker to establish a deal or agreement between the two parties which will benefit both parties.

Answer:

D

Explanation:

Explain the importance of excellent customer service.

Answers

excellent customer service is very important because if they treat the customers badly then their company’s customers will slowly decrease

REALTORS®: a. protect and promote the interests of their clients. b. treat all parties honestly. c. promote their interests over their clients' interests. d. A and B only.

Answers

Considering the available options, Realtors are known to have various functions, including options A and B only.

Functions of a Realtor

Generally, Realtors are known to perform many responsibilities, including the following:

  • Protect and promote the interests of their clients.
  • Treat all parties honestly.
  • Create a real estate contract.
  • Rent, sell or buy properties for clients, etc.

Hence, in this case, it is concluded that the correct answer is option D. "A and B only."

Learn more about Real Estate here: brainly.com/question/26011083

Sometimes very high ________ costs are recognized before a project begins and reducing these costs through shorter project durations becomes a high priority.

Answers

Answer:

D) overhead

Explanation:

Overhead costs are the fixed costs or indirect costs or a project. This means that they are not directly related to the production process or the delivery process. Overhead costs are divided into:

  • manufacturing: machinery and equipment, supervisors' salaries, utilities, etc.
  • administrative: rent, advertisement, equipment, etc.  

Depending on the project's scope and required tasks, projects can be crashed to reduce both direct and indirect (overhead) costs. Shorter project schedules can result in lower overhead costs, even if the direct costs are not affected, e.g. less rent, less supervisors, shorter equipment leasing times, etc.

Answer:

Overhead costs

Explanation:

When high overhead costs are recognised before project starts there will be a need to manage them. Since overhead cost increase as duration of project increases, reduction in project duration will go a long way in reducing cost incurred.

Overhead costs can include wages, rent, utility bills, maintenance costs and so on. They can also be reduced when costs that are not adding value is recognised.
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