Answer:
That statement is true
Explanation:
- Issued by money-centered financial firms,
- short- or medium-term insured debt instruments pay higher interest than a regular savings account.
Those are the characteristics of Certificate of deposit
The certificate of deposit that issued by a bank is protected by Federal Deposit Insurance Corporation. This means that you guaranteed the return of your investment.
As the risk of investment becomes lower, the amount of profit tend to also become lower along with it. This happens to all forms of investment.
On average, the amount of profit you can get from an investment through certificate of Deposit is only around 2% per year,
Answer:
Stockholders' equity at the end of the year was $110,000.
Explanation:
Beginning Balance of Stockholder's Equity = $40,000
Net Income for the year = $90,000
Dividend declared in the year = $20,000
Ending Balance of Stockholder's Equity = Beginning Balance of Stockholder's Equity + Net Income for the year -Dividend declared in the year
Ending Balance of Stockholder's Equity = $40,000 + $90,000 - $20,000
Ending Balance of Stockholder's Equity = $110,000
Answer:
All of them:
- I. commercial banking
- II. corporate finance
- III. financial planning
- IV. insurance
Explanation:
People who work in commercial banks regularly deal with clients that need money to start a new business or expand an existing one, not all businesses are huge corporations that only go to large investment banks.
Anyone that works in finance must understand the investment environment, since the core task of finance is dealing with the value of money and time.
Insurance companies also deal with financial issues and investments.
Answer:
an increasing number of small businesses realize the power of ... Recurring invoices contribute to a steady stream of monthly income. ... of monthly income from you (and of course their millions of other customers). ... To sustain optimal uptime of the system, they would need to provide monthly support.
Hope this answer helps you :)
Have a great day
Mark brainliest
Yes, Jerry is likely to qualify, since his yearly income is below the median annual income of New Mexico.