Functions of Bank
Write some of the functions of Bank?
Expert
Functions of Bank:
A) Bank gives overdraft and short term loan facility.
B) It too give Safe deposit boxes to secure valuable possessions, like precious metals, gemstones, currency, marketable securities, or significant documents like wills property deeds and birth certificates which require protection from theft, fire, tampering, flood, or other reasons.
C) This too issues the bank draft and bank cheque on the demand of customers.
D) It too provides the services of currency exchange. You can go to any bank and transform your foreign currency into your country’s currency. For such services bank takes certain commission.
E) Bank too sells the financial products.
Explain Cost of goods and how they are used in estimating gross profit and net profit of the business?
Describe the term Arbitrage.
What is Bond market and how it execute?
Discuss the purpose of the foreign branch bank.
The following information is taken from the financial statements of an entity: 20x4 20x3 Property, plant and equipment $4,600,000 $4,200,000 Accumulated depr
Part A During 2012 the Australian Company Woolworths Ltd (WOW) sold its subsidiary business called Dick Smith Electronics. Within 8 months of the FOR SALE sign going up Anchorage bought the Dick Smith Business for $20 million. This is the same amount Woolworths Ltd bought
Describe Long Holding Period briefly with suitable example?
Suppose a firm's common stock paid a dividend of $1.75 yesterday. You expect the dividend to grow at the rate of 8% per year for the next 3 years, if you buy the stock, you plan to hold it for 3 years and then sell it. Q : Article on Valuation of assets Write an Write an article on Valuation of assets serves for both buyers and sellers of goods and services.
Write an article on Valuation of assets serves for both buyers and sellers of goods and services.
Country C is able to generate seven pounds of food or four yards of textiles per unit of input. Calculate the opportunity cost of producing food rather than textiles. Also, compute the opportunity cost of producing textiles rather than food.
18,76,764
1957304 Asked
3,689
Active Tutors
1412438
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!