Answer:
The correct answer is letter "C": The complete credit intermediation is performed through a series of steps involving many nonbank financial service firms.
Explanation:
The Shadow Banking System is composed of entities that either intermediate operations through banks or regulated financial institutions in a conventional way. <em>Hedge funds, special purpose entities, structured investment vehicles, </em>and <em>mutual funds</em> are among the types of organizations that make up the shadow banking system.
Shadow banks make most of their money by acting as intermediaries between large borrowers and large borrowers. They earn their income from interest rate spreads and the fees they charge for their services.
Answer:
Net cash flows from financing activities is $24,000
Explanation:
Cash flow from financing activities:
Proceeds from stock issue $20,000
Dividends ($5,000)
Sale of treasury stock $9,000
net cash flow from financing activities $24,000
The issue of long-term note payable of $35,000 does not involve an actual movement of cash,hence has zero impact on the cash flow from financing activities.
The dividends payment has negative sign because it is an outflow of cash unlike others that cash inflows.
Answer:
Cost per equivalent whole unit is a. $3.30
Cost to work in process b. $266,525
Explanation:
Cost per equivalent units is :
Direct Material Cost $70,500 * 100% =
Conversion Cost $34,050 * 40% = 13,620
Direct Material Added $342,000 * 100% =
Conversion Costs $352,950 * 20% = 70,590
Total Cost is $496,710
Equivalent units during February is 225,000
Cost per equivalent unit is $3.30
Answer:
Is teamwork skills
Explanation:
Working well in a team mean:
Work with a group to achieve a goal or shared result effectively
Listen to team members.
Take into account the ideas of all the team
Answer:
$14,809.92
Explanation:
A checking account is an account with a bank that does not carry interest rate but allows the owner of the account to make deposit and withdraw from the account at any time without any prior notice to the bank. Therefore, it is a very liquid account from which money can be withdrawn using automated teller machines, checks, and others.
Another names for the account include transactional accounts, demand accounts and current accounts.
Instead of enjoying interest on the deposit, the holder pays bank charges to the bank for the service rendered to him by the bank that allows him withdraw or save at any time.
Since the account to does carry any interest rate, the amount that will have been deposited monthly for 12 months starting from January to December can be calculated as follows:
Amount deposited for 12 months = monthly deposit multiply by 12
Amount deposited for 12 months = $1,234.16 * 12 = $14,809.92.
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