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Serggg [28]
3 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]3 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.

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Yes. Companies should be protected by tariffs.. why?
Reptile [31]

Answer: See explanation

Explanation:

A tariff is a tax that the government imposes on either the imports or the exports of products or sevices.

Apart from the fact that tariff is a way of generating revenue by the government, tariffs help protect the domestic industry. This is because tariffs increases the price of imported goods.

Since there is an increase in the price of the imports, consumers tend to buy from the local manufacturer since their products tend to be cheaper when compared to the imports. This gives an edge to the domestic companies.

4 0
2 years ago
What will a contingency note contain?
kykrilka [37]

Answer:

Contingencies are potential liabilities that might result because of a past event

Explanation:

Reasonably possible losses are only described in the notes and remote contingencies can be omitted entirely from financial statements.

4 0
3 years ago
Hiring employees from outside the host country is an option many companies take when the local labor market does not offer enoug
Alinara [238K]

Answer:

True

Explanation:

Some countries are known to have people with special skills and competences that may not be available to others.

Hence where a company sees that the skills and competence required may not be adequately available in  the local market, the company has the option of hiring employees from outside the country.

This may however be at a cost higher than the cost that would have been incurred if the company had hired the employee from the host country.

6 0
3 years ago
What makes customers reluctant to move to another product or service?
Murrr4er [49]
The time and effort it takes
It’s such a pain to fill out so much paper work to move to other providers, so you stick to the same one even though you aren’t getting a good deal.
Saves the hassle
6 0
3 years ago
TLC Credit, Inc. has $35.0 million in consumer loans with an average interest rate of 12.0%. The bank also has $30.0 million in
MissTica

Answer:

$460,000 decrease

Explanation:

The computation of TLC's estimated change in revenues next year is shown below:-

TLC's estimated change in revenues next year = ((Consumer loan × Interest rate) + (Home equity loan × Interest rate) + (Corporate securities × Interest rate)) - ((Increased consumer loan × Decrease rate) + (Increase equity loan × Interest rate) + (Corporate securities × (1 - decreased percentage) × average interest rate))

= (($35.0 million × 0.12) + ($30.0 million × 0.O8) + ($5.0 million × 0.06)) - (($40.0 million × 0.10) +($32.0 million × 0.065) + (5 million × (1 - 20%)  × 0.09))

=$6,900,000 - $6,440,000

= $460,000 decrease

Therefore for computing the TLC's estimated change in revenues next year we simply applied the above formula.

6 0
3 years ago
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