Question:
Credit and Collection Make an Insight or recommendation The ABC Bank gave XY's Case to Z recovery agent, along with other overdue loans for recovery. The Z recovery agent called XY a couple of times and also visited him at his residence. As XY was not able to repay the amount in default, Z used abusive and harsh languages in front of XY's wife and daughters to make recovery. During one of the visits to XY's house, Z and his colleagues took away forcibly some of the things that were available in XY's house in front of his wife and daughters and also used threatening language for payment of the dues. XY felt very much humiliated and also depressed. Being unable to repay the dues. XY committed suicide. He left a suicide note, blaming Z for harassing him endlessly. Mentioned the abuses he had suffered at the hands of Z before his wife and daughters. Also mentioned the threat Z gave that he would suffer dire consequences if he failed to repay the overdue amount. Following the suicide death of XY, the local police arrested Z and his colleagues (who used to accompany Z during his visits to XY's house) on charges of abetment of suicide. A case was also filed against the ABC Bank, which has to pay an ex-gratia payment of Rs.20 lakhs to the deceased's family. The incident has also been publishing in the press and has damaged the Bank's reputation in public eye, at least for the time being.
1. Pet Energy Therapy Association (PETA) treats peoples' pets, and has the following cost structure: Charge per therapy session $100 Variable cost per therapy session $ 20 Fixed costs $100,000 They expect to perform 2,000 two hour session each year (8/day, 5 days/week, 50 weeks/year). A. Construct PETA's profit and loss statement. Profit/Loss $ B. How many sessions must PETA's perform to breakeven? C. To earn a profit of $80,000, how many sessions must they provide this year? D. If there is one fulltime employee, fully booked, who spends one hour on each session (8 sessions per day, 40 per week, 2,000/year), what would we need to assume about the additional sessions needed to earn $100,000? 2 St. Payne Med Center is using the step-down method to allocate costs. They have two support departments (Record Keeping and Cleaning), and two patient service departments (Eye Care and Dental Care). Some of the Record Keeping costs are allocated to Cleaning before the support department costs are allocated to patient service departments. Record Keeping costs are allocated based on the number of employees, while Cleaning costs are allocated by the number or rooms. The following data has been collected: Support Departments Patient Revenue Departments Record Keeping Cleaning Eye Care Dental Care Department Costs $ 13,000 $10,000 $32,000 $60,000 Number of Employees 2 4 3 6 Number of Rooms 1 1 2 3 a. What amount of the Record Keeping is allocated to Cleaning? b. What amount of the Record Keeping is allocated to Eye Care? $ c. What amount of the Record Keeping is allocated to Dental Care? $ d. What amount of the Cleaning is allocated to Eye Care? $ e. What amount of the Cleaning is allocated to Dental Care? $ f. After Allocation, What are Eye Care's total costs? $ g. After Allocation, What are Dental Care's total costs?Homework: Homework 3 Save Score: 0 of 2 pts 9 of 13 (8 complete) HW Score: 66.67%, 12 of 18 pts .4.33 Question Help A banking executive studying the role of trust in creating customer advocates has determined that 42% of banking customers have complete trust, 46% of banking customers have moderate trust, and 12% have minimal or no trust in their primary financial institution. Of the banking customers that have complete trust, 69% are very likely to recommend their primary financial institution; of the banking customers that have moderate trust, 19% are very likely to recommend their primary financial institution; and of the banking customers that have minimal or no trust, 3% are very likely to recommend their primary financial institution. Complete parts (a) and (b) below. a. Compute the probability that if a customer indicates he or she is very likely to recommend his or her primary financial institution, the banking customer also has complete trust. 0.567 (Round to three decimal places as needed.)Question 15 (1 point} Suppose the banking system has assets {in billions] consisting of $100 reserves, $800 Loans and $200 T-bills. On the liabilities side of the balance sheet [in billions) it has $1000 deposits. What is the equity of the banking system [in billions, to the closest billion)? Your An swer: Answer units Question 16 (1 point} Which of the following assets would you classify as being the most liquid? 0 checkable deposits 0 cash 0 silver bullion O T-bills Question 9 0.5 pts Economics deals primarily with the concept of if\". scarcity. if\" money. r'a - _ ' poverty. ":7 banking. Question 10 0.5 pts Economics is the study of how society manages its {\"7 limited wants and unlimited resources. '7'.\" unlimited wants and unlimited resources. If\". limited wants and limited resources. '7'\"; unlimited wants and limited resources
