Banking services-anks could offer to small- business owners

Assignment Help Financial Management
Reference no: EM131079384

Read the Chase Case at the end of Chapter 18 and answer the questions at the end of the case.

1. If you were a small-business owner, would you take advantage of any Chase’s or another bank’s small-business banking services? Why or why not?

2. Can you think of any additional financial or banking services that anks could offer to small- business owners?

3. Chase prides itself on its ability to know many of its business customers personally and to keep up-to-date on the industries in which they operate. Why would this familiarity be an advantage for the bank?

Reference no: EM131079384

Questions Cloud

Criticism nor apology for the president : Please do not get into the polar BS that seems to surround any intelligent discourse about the efficacy of our Federal government and elected officials. Instead, look more closely at the tools for managerial control and the incredible constraints ..
Determine which state board of education actually preferable : Consider this assignment as though you were reviewing several job offers from different states. How would you determine which state board of education was actually preferable? What things would you consider in making your choice?
How much must the firm borrow to achieve target debt ratio : Beranek Corp has $720,000 of assets (which equal total invested capital), and it uses no debt—it is financed only with common equity. The new CFO wants to employ enough debt to raise the total debt to total capital ratio to 40%, using the proceeds fr..
Compute the grade point average : Compute the grade point average (GPA) and round the result to two decimal places.
Banking services-anks could offer to small- business owners : If you were a small-business owner, would you take advantage of any Chase’s or another bank’s small-business banking services? Why or why not? Can you think of any additional financial or banking services that anks could offer to small- business owne..
Understand the concept of cognitive dissonance : Why is it important for managers to understand the concept of cognitive dissonance?
Plethora of information resources : Submit the Company's Use of Information Sources assignment. The current business environment provides a plethora of information resources that are essential for companies to develop to understand and reach their customers. In this assignment, you ..
Consolidation in subsequent years-noncontrolling interest : Panerai acquired 65% of Stefanel's voting stock for $31,550 in cash on January 1, 2015, when Stefanel's book value was $5,000.  The fair value of the noncontrolling interest at the date of acquisition was $11,450, and all of Stefanel's assets and ..
Supply chain leadership : A Supply Chain leader has a general management role. The scope encompasses multiple functions, third party partners, physical inputs and outputs, facilities, safety, quality and a significant financial and resource investment. This is only a start..

Reviews

Write a Review

Financial Management Questions & Answers

  Firm is contemplating-computer-based order entry system

Your firm is contemplating the purchase of a new $645,000 computer-based order entry system. The system will be depreciated straight-line to zero over its six-year life. It will be worth $47,000 at the end of that time. Suppose your required return o..

  Determine the IRR on the projects

Determine the IRR on the following projects: Initial outlay of $35,000 with an after-tax cash flow at the end of the year of $5,836 for seven years. Initial outlay of $350,000 with an after-tax cash flow at the end of the year of $70,000 for seven ye..

  Growth rate in dividends is expected to be constant

Sea Side, Inc., just paid a dividend of $1.76 per share on its stock. The growth rate in dividends is expected to be a constant 6 percent per year indefinitely. Investors require a return of 20 percent on the stock for the first three years, then a 1..

  Company announced that future dividends will be increasing

Ace Hardware paid an annual dividend of $1.25 per share last month. Today, the company announced that future dividends will be increasing by 2.5% annually. If you require a 11% annual rate of return, how much are you willing to pay to purchase one sh..

  Report annual cash flows

Briefly explain why you are using the computational method chosen. (Hint: you will need to decide to use the APV or WACC formula.

  Occupancy costs-numerator of the inventory turnover

Exhibit 4.43 presents profitability ratios for Starbucks for fiscals 2010 and 2011. Using the financial statement data in Exhibits 1.26 and 1.27, compute the values of these ratios for fiscal 2012. The income tax rate is 35%. Use cost of sales, inclu..

  Transactions involving the transfer of rights to use real

What is the month's supply in a market that is absorbing 360 units per year and has 30 vacant, completed units and 90 units under construction?

  What is the annual worth of this pension

Shepherd Book invests $25,000 in a pension. During the first year, the pension will be worth $1,000, the second year $2,000, the third year $1,000, and the fourth year $2,000, and so on. The pension lasts for 11 years. What is the annual worth of thi..

  Using a promissory note and a mortgage

Harold is going to loan Maude $50,000 using a promissory note and a mortgage. Which one is the "mortgagor"? Which one is the "mortgagee"? Why is a mortgage needed if you already have a promissory note? Who is the beneficiary in a trust deed? Who is t..

  Annual percentage rate of prime rate plus

Your Office Supply has a $42,500 line of credit that charges an annual percentage rate of prime rate plus 3%. Their starting balance on March 1 was $10,600. On March 5, they borrowed $7,500. On March 14, the business made a payment of $3,300, and on ..

  What will be the effect of any gain or loss

What will be the effect of any gain or loss on the $500,000 notional difference?

  Zero coupon bond with a face value-implicit interest

A zero coupon bond with a face value of $1,000 is issued with an initial price of $565.01. The bond matures in 20 years. What is the implicit interest, in dollars, for the first year of the bond's life?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd