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babymother [125]
2 years ago
13

TD Ameritrade is a company that buys and sells stocks and bonds as well as providing its customers with advice on when to buy an

d when to sell. TD Ameritrade is an example of a _____, a type of nondepository financial institution. Group of answer choices
Business
1 answer:
Arisa [49]2 years ago
6 0

TD Ameritrade is an example of a brokerage firm, a type of non depository financial institution.

<h3>What are financial institution?</h3>

Financial institution is referred as statutory body which helps in dealing with the financial transactions which includes withdrawing and depositing of  money, allowing loans and helping in exchange for  the currency.

A brokerage business is a location where stock buyers and sellers can exchange. The company serves as a mediator between buyers and sellers and offers an open trade environment.

This brokerage helps to crack the best deal for their clients. They help to negotiate to get the best resources for business and achieve profit.

Therefore, TD Ameritrade shows the example of brokerage firm.

Learn more about financial institution, here:

brainly.com/question/1122044

#SPJ1

You might be interested in
These are formed to help develop academic knowledge, technical skills,
Stolb23 [73]

CTSOs (career and technical student organizations) are formed to help develop academic knowledge, technical skills, employability, and leadership skills.

<h3>What are career and technical student organizations?</h3>

This is the term that is used to refer to the vocational organizations that are in existent in the American society that are useful for the students that are in the high school, the university and and other technological career centers.

The goals of the CTSOs is that they would be able to serve the students that are registered in the services so that they are taught certain competencies that they would require as they advance into the careers that they have chosen in the society.

Hence we can say that CTSOs (career and technical student organizations) are formed to help develop academic knowledge, technical skills, employability, and leadership skills.

Read more on CTSOs  here: brainly.com/question/10917703

#SPJ1

8 0
1 year ago
As nations learn to specialize in production, they will trade with other nations when what happens?
Goryan [66]
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7 0
3 years ago
Danielle is a 74-year-old widow, lives alone in the home she has had for over 40 years, and has become something of a packrat. s
Arada [10]

Answer:

This is a case of<u> "compulsive hoarding".</u>

<u></u>

Explanation:

Compulsive hoarding refers to a pattern of behavior in which you are not willing to throw out anything in your house, in these things there are many which have no value for you and that is just garbage. When you do like this, there will be unnecessary things and dust everywhere, this will also have affect on you health like Danielle in the given scenario, and you will become more sick day by day.

3 0
3 years ago
Astin Company has current assets of $82,530, total assets of $242,050, total net income of $58,240, current liabilities of $72,1
Firdavs [7]

Answer:

a. 1.14

Explanation:

The current ratio is a financial measure that shows how many times the current assets of an entity may be used (covers) the current obligations (liabilities) of the entity.

It is given as current assets divided by current liabilities.

Astin Company’s current ratio

= $82530/$72120

= 1.14

This means that the current assets will settle the current liabilities 1.14 times.

6 0
3 years ago
Sales $200,000 Net income 100,000 Depreciation 20,000 Interest 10,000 Taxes 5,000 What is the company’s operating profit margin?
WITCHER [35]

Answer:

57.5%

Explanation:

Data Provided:

Total Sales =  $ 200,000

The net income = $ 100,000

Depreciation = $ 20,000

Interest = $ 10,000

Taxes = $ 5,000

Now,

the operating profit is the from the income before the taxes and interest. Thus,

the interest and taxes will be included in the net income for the operating profit

therefore,

The operating profit = income + Interest + Taxes

or

The operating profit = $ 100,000 + $ 10,000 + $ 5,000 = $ 115,000

Now,

the operating profit margin = ( Operating profit / Sales ) × 100

or

= ( $ 115,000 / $200,000 ) × 100 = 57.5%

3 0
3 years ago
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