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
xz_007 [3.2K]
3 years ago
7

____ institutions accept and manage customer deposits in checking and savings accounts.

Business
1 answer:
gtnhenbr [62]3 years ago
6 0

Answer:

The correct answer is depository institutions.

Explanation:

We denominate Depository institution to financial entities that can legally receive and manage monetary deposits from costumers.

This institution serves as a way to keep a person's money securely, and thus achieve the physical security of the person who owns the money, since having a certain amount of money with himself can be dangerous.

A client will give his money to a depository institution, which also have several types of bank accounts, and when the client wishes, that money will be returned.

The depository Institution, while saving your money, can use it to make investments or to lend to other costumers.

You might be interested in
3. Vocabulary test. Explain the differences between: a. Real and financial assets. b. Capital budgeting and financing decisions.
VikaD [51]

Answer:

The correct answer is:

a) A real asset is a Tangible Asset, Like a machine, a Land or a Building. Real Assets are used to generate resources and, therefore, produce changes in the financial situation of the company that owns them. While a financial asset on the other hand constitutes the right to collect an account in the future. In the case of companies, you can think of an account or document receivable; For natural persons, a financial asset can be a document that compares a plaque investment in a banking institution and that will produce a cash flow in the future.

b) Investment projects are independent, perfectly divisible, and the company can invest any amount of money in a project. Only investment opportunities existing at the present time and not future are considered.  While capital budgeting, it is a projection either in the short term or in the long term, and the reasons for making this budget are that:  Benefits from the point of view of administrative planning and control., an investment proposal must be judged in relation to whether it provides a return equal to or greater than that required by investors y the evaluation of projects through mathematical-financial methods.

c) When a corporation is established, its shares may be in the hands of a small group of investors, perhaps the company's administrators plus some sponsors. In this case, the shares are not sold to the public and the company is closed. Over time, if the company grows and new shares are issued to raise capital, these shares go public. The company becomes a public company.

d) Limited liability means that the liability of each partner's debt is limited to their investment in the business, that is, they cannot be held personally responsible for the debts of other parties, if the company is sued or forced to close, the Each partner's business assets may be liquidated, but his personal assets are safe. Furthermore, unlimited liability means that all parties are responsible for all debts of the company, regardless of how it was created. If a partner commits acts that cause the business to reconcile, all parties become part of the process, not just the partners whose actions caused the judgment.

8 0
3 years ago
Lenox Company has the following financial data: 2020 2019 Assets Current Assets: Cash and Cash Equivalents $ 2,000 $ 1,900 Accou
Kobotan [32]

Answer:

25.55 days

Explanation:

Days Sales in Receivable = Accounts Receivable ÷ (Sales / 365)

therefore

2020 = $2,800 ÷ ($ 40,000 / 365) = 25.55 days

4 0
2 years ago
Computer Wholesalers restores and resells notebook computers. It originally acquires the notebook computers from corporations up
frozen [14]

Answer:

Yes it does as the company expect to pay for the warranty but doesn't know as it may occur or don't dependion upon the notebook hardware and software performance over the 90-days period

Warranty expense 29,500 debit

   Warranty Liability       29,500 credit

Explanation:

We will record a warrant liability for the 5% of the mount sold. As the warranty liability is generated at the time of sale which occur in December

3 0
3 years ago
A country's ability or intention to meet its financial obligations determines its ________.
vodka [1.7K]
The answer is economic risk.
4 0
3 years ago
Determine whether each transaction below would be included in GDP, and if so, indicate which category it would fall under Assume
AfilCa [17]

Answer:

A. Included in GDP under government expenditures

B. Not included in GDP 

C. Included in GDP under consumption expenditures

Explanation:

Gross domestic product is the sum of all final goods and services produced in an economy within a given period which is usually a year.

Gross domestic product can be calculated using the expenditure approach:

GDP = Consumption spending on both durable and non durable goods and services + business spending on cqpital goods + Government Spending on public goods and services + Net Export

Items not included in the calculation of GDP are :

1. Transfer payments

2. Illegal activities

3. Purchase of shares

4. Intermediate goods

I hope my answer helps you

5 0
3 years ago
Other questions:
  • Peroni Corporation sold a parcel of land valued at $300,000. Its basis in the land was $250,000. For the land, Peroni received $
    14·1 answer
  • Journalize the following transactions into the general journal in accordance with the rules of Journalizing, and the Double-entr
    11·1 answer
  • Ponzi Products produced 100 chain-letter kits this quarter, resulting in a total cash outlay of $10 per unit. It will sell 50 of
    5·1 answer
  • Which of these is NOT an example of a fixed expense in a budget?
    12·2 answers
  • Faye files a suit in a state court against Gas Station Stop, claiming employment discrimination. Gas Station loses the suit and
    10·1 answer
  • Hardwig Inc. is considering whether to pursue a restricted or relaxed current asset investment policy. The firm's annual sales a
    14·1 answer
  • Winston churchill's stamp collection was valued at $14 million when he died. at auction, it brought in only $4 million. what was
    12·1 answer
  • Inventory management is largely self-contained in the sense that very little coordination among the sales, purchasing, and produ
    8·2 answers
  • Your company is trying to decide which one of two projects it should accept. Both projects have the same start-up costs. Project
    9·1 answer
  • andy hastings borrowed 500 shares of stock from a broker. this stock is currently selling for $25 a share ($12500). the commissi
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!