1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Mademuasel [1]
1 year ago
6

When a financial institution provides a standardized financial product such as a mortgage, it is:________

Business
1 answer:
Rufina [12.5K]1 year ago
6 0

When a financial institution supplies a standardized financial product such as a mortgage, it is<u>: reducing transaction costs.</u>

<h3>What is an institution that manages and accommodates a nation's finances?</h3>

A central bank is a financial institution that is accountable for overseeing the monetary system and policy of a nation or group of nations, controlling its money supply, and setting interest rates.

<h3>Who uses financial institutions?</h3>

Almost everyone maintains a protection or checking account, uses debit or credit cards, or needs a loan. Online banking is an electronic way to view account training and pay bills via the Internet and an institution's website.

To learn more about financial institution ,refer

brainly.com/question/9297059

#SPJ4

You might be interested in
The owner of a hair salon spends $1,000,000 to renovate its premises, estimating that this will increase her cash flow by $220,0
mina [271]

Answer:

correct option is D) The vertical axis crossing point cannot be calculated since the cash inflows are in perpetuity

Explanation:

given data

hair salon spends = $1,000,000

increase cash flow = $220,000 per year

to find out

what dollar value should the NPV profile cross the vertical axis

solution

we know that discount rate is = 0 %

as sum of cash flow is infinite

because cash flow = $220000

cash flow is here perpetual

so we can say that correct option is D) The vertical axis crossing point cannot be calculated since the cash inflows are in perpetuity

8 0
2 years ago
Why does supply decrease when the price<br> of resources increases?
krek1111 [17]

Answer:

see below

Explanation:

Resources are the ( inputs) materials used in the production of goods meant for sale. The cost of inputs has a direct impact on the price of the finished goods(output).  An increase in the cost of inputs increases the cost of production. An increase in production cost increases without a corresponding rise in the selling price means that the profits margin per unit will decline.

Suppliers are motivated to sell or deliver more quantities in the market by profit prospects. An increase in the costs of inputs decreases profit margins. Reduced profits margin result in suppliers supplying reduced quantities in the markets.

4 0
3 years ago
Ersatz Beneficial Insurance wants to estimate the cost of damage to cars due to accidents. The standard deviation of the cost is
nikklg [1K]

Answer:

c. 1537

Explanation:

Please see attachment

8 0
3 years ago
Joan is a manager with Steel Works, Inc. Joan would love to beat the budget this year. She believes that revenues for the coming
vredina [299]

The amount of $130,000 in Expenses will be the least likely to be budgeted for while building a budgetary slack.

<h3>What is a budgetary slack?</h3>

This is a special consideration in a budget that seeks to increase the chances of the actual performance being better than the budget.

Joan will likely budget for $110,000 of expenses, $210,000 of revenue and $80,000 of income.

Therefore, the amount of $130,000 in Expenses will be the least likely to be budgeted for

Read more about budgetary slack

<em>brainly.com/question/15327518</em>

6 0
2 years ago
Bonnie's employer provides her with an annual dinner club membership costing $5,000. Her marginal tax rate is 24 percent. Her em
Nikolay [14]

Answer:

$3,800

Explanation:

The computation of the after-tax benefit is shown below:

= Annual dinner club membership cost - annual dinner club membership cost × her marginal tax rate

= $5,000 - $5,000 × 24%

= $5,000 - $1,200

= $3,800

We simply deduct her tax expense from the annual dinner club membership cost so that the accurate amount can come.

All other information which is given is not relevant. Hence, ignored it

8 0
3 years ago
Other questions:
  • When Randy, a general manager of a national retailer, moved to a different store in his company that was having difficulty, he k
    12·1 answer
  • The competitive moves and business approaches a company's management uses to grow the business, attract and please customers, co
    7·1 answer
  • What is a formal arraignment to limit the production of a product
    7·1 answer
  • Adams Trophies makes and sells trophies it distributes to little league ballplayers. The company normally produces and sells bet
    5·1 answer
  • For the past 5 months Kaia's gift shop had these profits or losses: –$120, $85, –$60, –$35, and $40.
    9·2 answers
  • Explain how economists use the measure “gross domestic product”
    14·1 answer
  • 1. To begin to understand stocks, we have to know what companies sell stock. Define: What is a corporation?
    8·1 answer
  • Cruise Company produces a part that is used in the manufacture of one of its products. The unit manufacturing costs of this part
    15·1 answer
  • What are the six basic step of the problem solving process?
    6·2 answers
  • A variable can be called or referenced before it has been defined.<br> O True<br> O False
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!