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
Serggg [28]
4 years ago
9

_____ are financial intermediaries that obtain funds by accepting checking and savings deposits from individuals, businesses, an

d other institutions, and then lending those funds to borrowers.
a. Common markets
b. Depository institutions
c. Investment banks
d. Securities brokers
Business
1 answer:
aleksandrvk [35]4 years ago
6 0

Answer:

Option "B" is the correct answer to the following statement.

Depository Institutions

Explanation:

Depository Institutions are a type of organization that collects money from the people in the form of their saving or investment.

  • Depository Institution Invest this money in the form of loan or long term loan to the other business and institutions.

However, Credit societies are not included in Depository Institutions.

You might be interested in
Which of the following is not an example of a digital transaction?
gladu [14]
Pretty sure it’s B since Marcos is using cash
6 0
3 years ago
How are contract law and torts related?
bija089 [108]
D. They are both types of civil law
5 0
3 years ago
Read 2 more answers
Union Local School District has bonds outstanding with a coupon rate of 3.4 percent paid semiannually and 19 years to maturity.
Talja [164]

Answer:

PV = $4,863.24

Explanation:

Computation of the given data are as follows:

Face value = $5,000

YTM = 3.6%

YTM (Semiannual) (Rate) = 3.6% ÷ 2 = 1.8%

Coupon rate = 3.4%

Coupon rate semiannual = 3.4% ÷ 2 = 1.7%

Coupon payment ( Pmt) = 1.7% × $5,000 = $85

Time period (semiannual) (Nper) = 19 × 2 = 38

By putting the value in the financial calculator, we will get the present value.

Attachment is attached below.

PV = $4,863.24

8 0
3 years ago
Fortune Drilling Company acquires a mineral deposit at a cost of $5,900,000. It incurs additional costs of $600,000 to access th
IgorC [24]

Answer and Explanation:

the journal entry is given below:

Depletion Expense $1,358,500

         To Accumulated Depletion $1,358,500.

(Being depletion expense is recorded)

Here the depletion expense is debited as it increased the expense and credited the accumulated depreciation as it decreased the assets

Working note

Depletion expense is

= ($5,900,000 + $600,000) ÷ $2,000,000 × 418,000

= $1,358,500

8 0
3 years ago
When the company is hosting an event, managers should assign event preparations to a ________. Preparations include trucking in
zimovet [89]

Answer:

The correct word for the blank space is:  cross-functional team.

Explanation:

Cross-functional teams are groups of people working for a common objective with different functional experience. Employees from the departments of accounting, marketing, logistics, and human resources could be within the organization. <em>Catering </em>firms fall under this type of category.

8 0
3 years ago
Other questions:
  • Suppose you are planning to spend $1,768 annually for vacation during the next 30 years. You are offered to pay $30,000 now so t
    10·1 answer
  • Meng Co. maintains a $300 petty cash fund. On January 31, the fund is replenished. The accumulated receipts on that date represe
    13·1 answer
  • Which describes a type of tax that funds city programs?
    7·1 answer
  • Wanda, Derek, and Mitchell formed B. Flowers, LLP three years ago. A year ago, Derek and Mitchell decided that the company was r
    5·1 answer
  • Sharon is a 30-year-old stay-at-home mother to a toddler. life-span developmentalists would consider her to be:
    8·1 answer
  • In the 1990s politicians in Washington D.C. were looking for ways to balance the budget. Former Federal Reserve Chairman Alan Gr
    12·1 answer
  • What is the action called that unreasonably restricts competition and functions against the public interest?
    11·1 answer
  • Amy and Soma discover a stream that flows wine. Amy and Soma decide to bottle the wine and sell it. The marginal cost and the fi
    13·1 answer
  • Eager, a tipped employee, reported to his employer that he had received $320 in tips during March. On the next payday, April 4,
    15·1 answer
  • Production Budget and Direct Materials Purchases Budget
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!