SOURCES OF BANK’S INCOME A bank is a business organisation engaged in the business of borrowing and lending money. A bank can earn income only if it borrows at a lower rate and lends at a higher rate. The difference between the two rates will represent the costs incurred by the bank and the profit. Bank also provides a number of services to its customers for which it charges commission. This is also an important source of income. The followings are the various sources of a bank’s profit: 1
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Circular Flow of Income Model We start our study of macroeconomics Macroeconomics is a part of the subject that considers the economy as a whole. When we study macroeconomics we look at changes in economic growth; inflation; unemployment and our trade performance with other countries (i.e. the balance of payments). The scope of macroeconomics also includes an evaluation of the relative success or failure of government economic policies. by introducing the idea of the circular flow The circular
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Deduction under section 33AB is allowable against composite income and not against only 40% of composite income- A case of un-necessary litigation by revenue in case of Tea Companies . Computation provision: Section 33AB is a provision relating to allowing deduction from business income. It falls under Part “D” of Chapter IV of the Income-tax Act‚ 1961. This part consists of various sections from section 28-44DB. As per section 29 the income referred to in section 28 shall be computed in accordance
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Emotions in Intercultural Communication 1 Emotion and Intercultural Communication David Matsumoto San Francisco State University Seung Hee Yoo Yale University Jeffery A. LeRoux San Francisco State University To appear in Helga Kotthoff and Helen Spencer-Oatley (eds.)‚ Handbook of Applied Linguistics‚ Volume 7: Intercultural Communication. Mouton – de Gruyter Publishers. Keywords: Emotion‚ emotion regulation‚ openness‚ flexibility‚ critical thinking‚ intercultural communication‚ intercultural
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Chapter 23 Measuring a Nation’s Income TRUE/FALSE 1. In years of economic contraction‚ firms throughout the economy increase their production of goods and services‚ employment rises‚ and jobs are easy to find. ANS: F DIF: 1 REF: 23-0 NAT: Analytic LOC: The study of economics and definitions of economics TOP: Economic expansion MSC: Definitional 2. Macroeconomic statistics include GDP‚ the inflation rate‚ the unemployment rate‚ retail sales‚ and the trade deficit. ANS: T DIF: 1 REF:
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07 Individual Income Tax Computation and Tax Credits True / False Questions 1. Both the width (or range) of the tax brackets (the amount of income taxed at a particular rate) in the tax rate schedules and the range of the tax rates in the tax rate schedules (the difference between the lowest tax rate and the highest tax rate) vary by filing status. True False 2. The tax rate schedules are set up to tax lower levels of income at higher tax rates than higher levels of income. True False
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Chapter 1 Questions: 3‚ 4‚ 12‚ 14‚ 15a‚ 15b‚ 16‚ 17‚ 21‚ 23‚ 24‚ 25 3. Who are the major types of issuers of bonds in the United States? The major types of issuers of bonds in the United States are the United States Government and its agencies‚ municipal governments and corporations or Special Purpose Vehicles (SPV). 4. What is the cash flow of a 10-year bond that pays coupon interest semiannually‚ has a coupon rate of 7%‚ and has a par value of $ 100‚000? The periodic cash flow is $3‚500 as
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BA107 Make and receive telephone calls. 1.1- Describe the features of telephone systems and how to use them. On my own phone at work I have many different features such as * Loudspeaker * Volume * Hold * Transfer * End call Each one of these features has a different working. Loudspeaker- This is so myself and others around me can hear what the clients have to say‚ coming through the phone rather than a headset. Volume- This is so we can here the clients at the tone we want them weather
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poetry. One poem in particular that exemplifies this is John Updike’s “Telephone Poles”. Within the work‚ telephone poles are compared to trees by way of extended metaphor. “Telephone Poles” conveys the message that when nature is destroyed to make way for technology is harmful to nature itself and humankind as well by using an extended metaphor; this is
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“AVOCADOS” ON THEIR FACES? FACTS OF THE CASE: Since March 1993‚ Mr. Ricky Bautista‚ president of Vive Chemical Philippines (VCP)‚ had been searching for a marketing firm to introduce and promote the company’s new line of herbal astringents‚ which the company perceived to be a new product development breakthrough in the facial care industry. In September 1993‚ Mr. Ricky Bautista‚ excitedly called his production manager about the possibility of having King Matches Corporation (KMC)‚ a nationwide distributor
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