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1 year ago

If you were going to get a loan to purchase a new car, which financial intermediary would you use?

1 answer:

7 0

If you were going to get a loan to purchase a new car, financial intermediary you would use is a commercial bank.

Financial intermediary is that entity that acts as an intermediary or the middlemen between the two parties during any financial transaction.

Financial intermediaries can be a commercial bank, an investment bank, pension fund or the mutual funds.

Commercial bank is that financial institution which offers different financial functions such as accepting deposits, offers various loans, offering checking account facilities, and also offers some basic facilities such as saving accounts to the customers.

It provides personal loans, mortgages, commercial loans to the customers.

To know more about commercial bank here:

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John, a local florist in harrisburg, wanted to invest in outdoor advertising before valentine's day. a local advertiser showed j

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The local advertiser most likely offered John a Stock poster, a high-quality advertising at a lower cost. It is ready-made, 30-sheet posters are available in any quantity and often feature the work of First-class artists and lithographers. Local ﬂorists, dairies, banks, or bakeries simply place their name in the appropriate spot.

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3 years ago

A regional automobile dealership sent out fliers to prospective customers indicating that they had already won one of three diff

Bas_tet [7]

Answer:

the requirements are missing, so I looked for a similar question.

a. How many fliers do you think the automobile dealership sent out?

b. Using your answer to (a) and the probabilities listed on the flier, what is the expected value of the prize won by a prospective customer receiving a flier?

c. Using your answer to (a) and the probabilities listed on the flier, what is the standard deviation of the value of the prize won by a prospective customer receiving a flier?

a) the total fliers sent out = 31,246 + 1 + 1 = 31,248

b) expected value = [(1 x $28,000) + (1 x $100) + (31,246 x $5)] / 31,248 = $5.90

c) σ² = [($28,000 - $5.90)² x 1] + [($100 - $5.90)² x 1] + [($5 - $5.90)² x 31,246] / 31,248 = ($783,669,634.80 + $8,854.81 + $25,309.26) / 31,248 = $25,080.13

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2 years ago

Darlene Company had checks outstanding totaling $5,400 on its June bank reconciliation. In July, Darlene Company issued checks t

Pie

Answer:

b. $18,000

Explanation:

The computation of outstanding checks is shown below:-

Outstanding checks as of the end of July = Start with outstanding checks as of June + Amount of checks issued in July - Amount of checks that cleared in July

= $5,400 + $38,900 - $26,300

= $44,300 - $26,300

= $18,000

Note, The $300 check was issued by a customer, not Darlene.

So, for computing the outstanding checks as of the end of July we simply applied the above formula.

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3 years ago

Which of the following represents an increase in living standards over the past century? Check all that apply. Increased human a

pashok25 [27]

Answer:

Medical breakthroughs enable people to enjoy better healthcare nowadays.

Explanation:

An increase in living standard means that the lives of people are better off.

Advances in medicine have made it possible to find cure to various diseases. This improves standard of living.

Increased pollution of air and water and decline of dollar value have negative effects on living standard.

Pollution affects human health negatively and can cause diseases which negatively affect standard of living. Also, pollution can cause floods and other environmental disasters. Floods can displace people from their homes and this affects standard of living negatively.

Decrease in dollar value has made items more expensive.

I hope my answer helps you

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3 years ago

True or False:

kramer

Explanation:

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6 15

a. Determine which variable is the dependent variable.

b. Compute the least squares estimated line.

c. Compute the coefficient of determination. How would you interpret this value

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2 years ago