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skelet666 [1.2K]
4 years ago
15

Label each statement as either "True" or "False" below.

Business
1 answer:
Umnica [9.8K]4 years ago
4 0

Answer:

The answer is

1. False

2. True

3. True

4. True

5. False

Explanation:

1. False. Banks does not keep the entire value of all customer deposits in the bank vault. Some customers deposit will be given out as loan and other Investment opportunities.

2. True. Loans given out to borrowers are part of customers' deposits.

3. True. Bank run occurs when customers try to withdraw their money from a bank at once, maybe the bank is in crisis.

4. True. Federal Deposit Insurance Corporation protects customers' deposits

5. False. The fractional reserve banking system requires all banks to keep part of customer deposits in the bank vault to prevent bank runs

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Maureen has a net spendable income of $2,100 per month. She sets up the following transportation budget for herself.
inessss [21]
What Maureen has done wrong is that <u>she </u><span><u>has more money in the subcategories than she budgeted for in the main category.</u> The third option should be the correct one.
<u />You can see yourself that when you add the subcategories a, b, c, d, e, and f, you get 387, and her budget in the main category is less than that - 350. 
</span>
8 0
3 years ago
A collateralized mortgage obligation (CMO) makes an interest-only payment to an investor. This payment will be
s344n2d4d5 [400]

A collateralized mortgage obligation (CMO) makes an interest-only payment to an investor. This payment will be <u>investors</u>

<h3>What is collateralized mortgage obligation?</h3>

In order to satisfy the needs of investors, a collateralized mortgage obligation (CMO) repackages and directs the payments of principle and interest from a collateral pool to various types and maturities of securities.

The first CMOs were developed in 1983 for Freddie Mac, a supplier of mortgage liquidity in the United States, by the investment banks Salomon Brothers and First Boston. Although Dexter Senft eventually got an industry award for his services, Lewis Ranieri led the Salomon Brothers team and Laurence D. Fink led the First Boston team.

A CMO is not due by the institution that established and ran the business; rather, it is a debt instrument issued by an abstraction, or special purpose entity.

To learn more about collateralized mortgage obligation from the given link:

brainly.com/question/17277747

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3 0
2 years ago
According to the path –goal theory of leadership, path clarification means that the leader works with subordinates to help them
otez555 [7]

Answer:

True

Explanation:

The path-goal theory emphasizes a leadership style that enhances the performance of the subordinates by helping team members identify clearly the path through which they would accomplish their goals coupled with the fact that such accomplishment would be met by great rewards.

In achieving the desired results under the path-goal theory, employees are reminded of behaviors that would yield positive outcomes since the right attitude which is a product of behavior is important to deliver on job set targets.

Having the right positive mental attitude sets success apart from failure.

5 0
3 years ago
Read 2 more answers
A firm offers terms of 1.6/10, net 60. a. What effective annual interest rate does the firm earn when a customer does not take t
leva [86]

Answer:

case 1: 12.49%

case 2: 21.20%

case 3:   9.48%

case 4:  13.98%

Explanation:

the rate stands for the period between the last day of the discount and the last day the invoice can be cancelled at nominal.

we equalize this with a rate which capitalize annually and solve for this rate:

(1+discount)^{(net-d_t)/365} =1+r_e\\ r_e = \sqrt[(net-d_t)/365]{1+discount}

case 1:

r_e = \sqrt[(60-10)/365]{1+0.016}

re = 0.1249 = 12.49%

case 2:

r_e = \sqrt[(60-10)/365]{1+0.026}

re = 0.2120 = 21.20%

case 3:

r_e = \sqrt[(75-10)/365]{1+0.016}

re = 0.0948 = 9.48%

case 4:

r_e = \sqrt[(60-15)/365]{1+0.016}

re = 0.13977 = 13.98%

3 0
3 years ago
How could you improve this message? The Human Resources department is happy to announce a career development workshop led by Jos
Elis [28]

Answer:

The answer is in my explanation

Explanation:

First I would fix the misplaced characters, and I wouldn't add the last sentence in that way. I would rather write it like this: "To sign up for the workshop respond to this email. Hope to see you soon!" or sth like this to make people motivated about going to the workshop.

8 0
4 years ago
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