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katovenus [111]
3 years ago
15

An example of a nondepository financial institution is which of the following?

Business
2 answers:
Nostrana [21]3 years ago
7 0

The answer is C - Brokerage Firm

romanna [79]3 years ago
5 0

The answer is C. Brokerage firm. A brokerage firm is an example of a nondepository financial institution. A depository financial institution is a place where you can deposit money. A commerical bank and a credit union are both places where you can deposit money into an account for savings or future use by withdrawing cash or using a card. A brokerage firm is not a depository financial institution and usually used for mortgages and loans.

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Trevor Williams’ bank calculates interest daily. At an APR of 3%, how much simple interest does $2,000 earn in twelve days?
pishuonlain [190]
The answer is $1.97. 

6 0
3 years ago
Read 2 more answers
On April 1, Garcia Publishing Company received $32,580 from Otisco, Inc. for 36-month subscriptions to several different magazin
Oksi-84 [34.3K]

Answer: Debit Unearned Fees, $8,145; Credit Fees Earned, $8,145.

Explanation:

The $32,580 are for 36 months so the amount per month would need to be calculated.

= 32,580/36

= $905

The subscriptions were paid on the 1st of April which means that only 9 months (April to December) of the first year will have revenue recognized for them.

= 905 * 9

= $8,145

Correct entry would be to debit the Unearned fees account as it is a liability that needs to reduce to reflect that fees have now been recognized.

Credit the Fees Earned account to recognize revenue.

Debit Unearned Fees, $8,145; Credit Fees Earned, $8,145.

4 0
3 years ago
Imagine you have $30 to spend. You are thinking of buying new soccer shoes because yours
Nitella [24]

Answer:

video game

Explanation:

because I don't go outside, I'm a gamer

5 0
2 years ago
Suppose buyers of computers and printers regard the two goods as complements. Then an increase in the price of computers will ca
amid [387]

Answer: Option (a) is correct.

Explanation:

The complimentary goods are the goods which are used together to satisfy a given want. There is an inverse relationship between the price and demand of complimentary goods.

Suppose there are two complimentary goods such as computers and printers. So, an increase in the price of computers will lead to reduce the demand for printers because both are used together. Hence, there is a fall in the quantity supplied of printers. Alternatively, a decrease in the price of computers will lead to increase the demand for printers because both are used together.

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3 years ago
Your client has said that he likes French Provincial furniture. What should you do
kogti [31]
A show him examples of french province and others.
6 0
3 years ago
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