The Following Information Is Available on the Average Costs of the Three

question 20

Multiple Choice

The following information is available on the average costs of the three major banks in a given local market.Bank A has assets of $10 million and average costs are 15 percent, Bank B has assets of $20 million and average costs of 13 percent while Bank C has assets of $30 million with average costs of 12 percent.Average costs are measured as a proportion of total assets. Bank B plans to acquire Bank A and in the process cut costs by $100,000.What is the combined bank's average costs?

• A)12.00 percent.
• B)12.67 percent.
• C)13.00 percent.
• D)13.33 percent.
• E)15.00 percent.

Describe the structure and function of the distribution channel including roles like manufacturer's sales office.

List and explain the utilities offered by retailers.

Understand the economic and consumer value provided by retailing.

Analyze the retailing mix and its strategic application.

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Definitions:

Stem Elongation

The process by which a plant's stem grows in length, often influenced by environmental conditions and hormonal signals.

Gravity Reception

The perception and response mechanism to gravity in organisms, helping them to maintain balance and orientation.

Root Cap

A protective structure located at the tip of a plant root, consisting of parenchyma cells that protect the growing tip in soil.

Phototropic Response

A growth movement by a plant part in response to a light stimulus, typically towards the source of light to maximize photosynthesis.