A commercial bank offers products and services such as loans, savings accounts, safety deposit boxes and mutual fund/insurance to individuals and businesses.
B. Understanding what you want!
The determinants of the supply of a good are any factors other than the product's price that cause the supply curve of the good to shift.
<h3>What is supply curve?</h3>
The supply curve can be regarded as graphic representation which is used in showing the relationship that exist between between the cost of a good or service and quantity supplied.
However , the price is seen at the left vertical axis, of the curve and product's price that cause the supply curve of the good to shift.
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Answer:
D. a gain of $1,000,000 and an increase in income tax expense of $350,000.
Explanation:
Given that
The gain is $1,000,000
And, the taxes is $350,000
So here the income statement that disclose the impact is that
There is a gain of $1,000,000 and also at the same time the income tax expense is rise by $350,000
Therefore the option d is correct
hence, the same would be considered
Answer:
Secondary mortgage market
Explanation:
The secondary mortgage market is a market in which the loan related to the home and the services rights are purchased and sold between the lenders and the investors
here the transfer is to be done with respect to the mortgages that are previously existed between the investors
Therefore in the given case, it is the situation of the secondary mortgage market and hence, the same is to be considered
