The disadvantages of using owners savings are that if the busines fails you have no money to fall back on.
Should be available to the firm quickly and no interest should be paid.
One of the main differences of and investors savings bank, and a Credit Union is ownership. The members of a Credit Union are the owners of the bank, with every depoist into their account buying shares in the bank. A savings bank is directed by an elected board of directors, and usually deal with real estate financing.
National Savings means the amount of money the govenrment saves in a given year minus the amount of taxes it takes in. For the past century this number has been zero.
It's like cosigning a loan. It puts you at partial responsibility for the account.
owners savings
The disadvantages of using owners savings are that if the busines fails you have no money to fall back on.
Advantages of owners savings
Should be available to the firm quickly and no interest should be paid.
I think what they mean is interest income earnt from having money saved in a savings account.
An owner's savings account is also known as the owner's equity account. The owner's equity account keeps track of deposits and withdrawals to the account, and how much principal the owner has invested in the business.
It means you went 20% over your savings goal.
when i mean determinants of savings in nigeria i need anwers like: income of individuals, interest rate on savings, family size govt policy etc..............
by ancestors?"do you mean owners caus if you mean owners then not all the Tim eyou can get owners that are fat and wrinkly and others don't look like their dogs at all
Savings Bank Life (insur) Company
acf
I mean what day of the week?