Answer:
C. financial intermediation.
Explanation:
The financial intermediary is a process in which the bank or other financial institutions provides a service of helping to save or borrow money.
A financial intermediary also helps in facilitating the diverse needs of lenders and borrowers
The funds are raised from people who wants to deposit the money.
Answer:
4. Investments by and distribution to owners (ex: stockholders) during the period.
5. Financial Position at the end of the period.
6. Cash flows during the period.
7. Earnings for the period.
Explanation:
The information that the current Generally Accepted Accounting Principles (GAAP) and Auditing Standards require the financial statements of an entity to show for the reporting period are;
1. Investments by and distribution to owners (ex: stockholders) during the period.
2. Financial Position at the end of the period.
3. Cash flows during the period.
4. Earnings for the period.
The Financial Accounting Standards Board (FASB) issued some standards, accounting principles, and procedures to be followed by public companies in the United States of America for reporting and recording statements of income, this is known as the Generally Accepted Accounting Principles (GAAP).
The GAAP is also adopted by the Securities and Exchange Commission (SEC) to measure, analyze and regulate the stock market.
Answer:
The maximum amount that the lender will be willing to provide to the borrower is $9,006.
Explanation:
Fixed payment for a specified period is know as the annuity. We will use the formula of present value of present value of annuity payment.
APV = C x [ ( 1 - ( 1 + i )^-n ) / i ]
C = Monthly payment = $800
Interest rate =i 8% = 0.08
n = number of years = 30 years
APV = $800 x [ ( 1 - ( 1 + 0.08 )^-30)/0.08 ]
APV = $800 x 11.2578
APV = $9,006
So, The maximum amount that the lender will be willing to provide to the borrower is $9,006.
B - he owns the business and is doing the physical work for it
The guiding imperative in capitalist economies is profit. So the correct answer is (c).
A social science called economies examines how products and services are produced, distribute, and consumed as well as how people, corporations, governments, and entire countries decide how to distribute their resources. An economist analyzes the connection between a society's resources and its output, and their insights are used to influence economies policies concerning interest rates, tax laws, employment rules, global trade agreements, and company strategy. To spot prospective trends or predict the future of the economy, economists use economies indicators like the GDP and the consumer price index.
Therefore correct option is (c).
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