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:
Marketing strategy.
Explanation:
Marketing strategy is a process of using the marketing mix to satisfy and attract consumer to make a profit for the organization, define as a set of objectives, policies, rules that guide over a time for marketing effort of the firm.
Is a long-term course of action designed to optimize allocation of the scarce resources at the disposal of a firm in delivering superior customer experiences and promote the interests of other stakeholders.
Steps of Marketing Strategy:
• Understand the customer
• Analyze the market
• Analyze the competitors
• Research and Distributions
• Defining the Marketing Mix
• Financial Analysis
• Review & Implementation
Answer:
The correct answer is
D) both the listing broker and the buyer broker
good luck ❤
Answer:
The question requirement relates to the amount of revenue to be recognized in year 2019 and 2020 respectively.
2019 Revenue is $66,667
2020 Revenue $13,333
Explanation:
The total price of $80,000 is split into $60,000 which is standalone price of the software and the balance relates of $20,000($80,000-$60,000) relates to technical support.
It is important to note that the selling price of software of $60,000 is due for recognition as revenue, while technical support fee of $20000 should be recognized on a progress basis,for each month the technical support has been rendered.
2019 Revenue
Software $60,000
Technical support($20000*2/6) $6,667
Total $66,667
2020 Revenue
($80,000-$66,667) $13,333