Costs within the banking industry, Accounting Basics

Assignment Help:

There are over 5,000 banks in the United States-more than 10 times the number per person than in other industrialized countries. A recent study suggests that the long-run average cost curve for an individual bank is relatively flat. If Congress took steps to consolidate banks, thereby reducing the total number to 2,500, what would you expect to happen to costs within the banking industry? Explain.

Related Discussions:- Costs within the banking industry

Advantages and disadvantages of fifo, Advantages and disadvantages of FIFO ...

Advantages and disadvantages of FIFO The FIFO method has four main advantages (a) it is easy to apply (b) the assumed flow of costs corresponds with the normal physical flow o

Encryption, At the reception it is decrypted and actual data is obtained. ...

At the reception it is decrypted and actual data is obtained. Explain the different methods of encryption technique

Explain about accrued liabilities, Q. Explain about Accrued liabilities? ...

Q. Explain about Accrued liabilities? Accrued liabilities are liabilities not so far recorded at the end of an accounting period. They represent responsibility to make payments

What do you eman by expenditure, Q. What do you eman by Expenditure? Ex...

Q. What do you eman by Expenditure? Expenditure -- an expenditure takes place when something is attained for a business -- an asset isbought, salaries are paid and so on. An ex

Describe about adjunct account, Q. Describe about adjunct account? The ...

Q. Describe about adjunct account? The Transportation-In account files the inward freight costs of acquiring merchandise. Transportation-In is an adjunct account in that it is

Accounting, briefly explain the accounting concepts which guide the account...

briefly explain the accounting concepts which guide the accountant at the recording stage

Credit - accounting entry, Credit -- an accounting entry on the bottom or r...

Credit -- an accounting entry on the bottom or right of a balance sheet. Generally an increase inliabilities or capital or a reduction in assets. Opposite of credit is debit. Every

Accounting standards, ACCOUNTING STANDARDS An Accounting Standard is a ...

ACCOUNTING STANDARDS An Accounting Standard is a elected set of accounting policies or broad strategies concerning the principles and methods to be elected out of numerous subs

Work as assignment creator, I have just created my profile here, I want to ...

I have just created my profile here, I want to work with this platform. I am an ACCA student, completed my FIA diploma. How can I get or apply for work now?

Exploration cost, is exploration cost for mining companies regarded as asse...

is exploration cost for mining companies regarded as assets or expense?

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages