Answer:
1] act as an intermediary between those who have surplus funds and those who have deficit funds.
Explanation:
If the number is 12,759 and they ask to round to the nearest 10,000 then you look at the thousands place (where the 2 is) and is its less than 5 round down and if its more round up. so the answer would be 10,000
Answer:
See below
Explanation:
<u>1. How revenue affects Profits</u>
Revenue is income that a business receives selling its products or from the services it provides. Income from other sources such as win in lawsuits is also revenue.
A business with high revenue is more profitable than a company with low income. For a business to make profits, its revenues must exceed its total expenditure. Profit is total income minus expenses. After the breakeven, extra sales contribute to profits. The more the sales, the higher the profits. Low revenue makes low profits.
<u>2. How do expenses affect profit?</u>
Expenses are costs incurred by a business in its productions and sales processes. Service providers incur expenses as they provide services to customers.
Expenses have a direct impact on profits. High costs may result in losses. Profits are realized after deducting expenses from revenues.
If the expenses are high, then profits will be minimal. Low expenses will result in high profits.
Answer:
Treasury Federal Reserve Bank State
Explanation:
Treasury Federal Reserve Bank State has the key responsibility of controlling and managing all the outflow and inflow of money and interest. Inspections and monitoring of large financial institutions to assure the country's banking sector's safety and legitimacy.Uphold banking system flexibility and contain default risk which may occur in economic markets.