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Sauron [17]
3 years ago
10

What are the functions of depository​ institutions? The functions of depository institutions include​ _______.

Business
1 answer:
Yuri [45]3 years ago
3 0

Answer: Creating liquidity

Explanation:

Depository institutions includes commercial banks, credit unions, savings and loans. Depository institutions receive money from the depositors and lend out to their borrowers.

The primary function of the depository institutions is to create liquidity by making credit available to borrowers in the form of loans. Depository institutions also receive deposits from their customers in exchange for interest and then use them to create loans for people.

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Sunland Co. has a capital structure, based on current market values, that consists of 26 percent debt, 3 percent preferred stock
andrey2020 [161]

Answer:

12.51%

Explanation:

The formula to compute WACC is shown below:

= Weightage of debt × cost of debt × ( 1- tax rate) + (Weightage of preferred stock) × (cost of preferred stock) + (Weightage of  common stock) × (cost of common stock)

= (0.10 × 26%) × ( 1 - 40%) +  (0.10 × 3%) +  (0.15 × 71%)

= 1.56% + 0.30% + 10.65%

= 12.51%

Simply we multiply the weightage with its cost

3 0
3 years ago
The costs of bringing a corporation into existence, including legal fees and promoter fees, are called:
Novay_Z [31]

Answer:

organization expenses.

Explanation:

A corporation can be defined as a corporate organization that has facilities and owns or controls assets used for the production of goods and services in at least one country other than its headquarter (home office) located in its home country.

This ultimately implies that, a corporation is a corporate organization that owns or controls its business in two or more countries.

Some examples of multinational firms are Ap-ple, Volkswagen, G-oogle, Shoprite, Nestlé, Accenture, Shell BP, Chevron etc.

The costs of bringing a corporation into existence, including legal fees and promoter fees, are called organization expenses.

7 0
3 years ago
Fabulous Fabrics budgeted to manufacture 1300 curtains in February. Actual output for March was with total direct materials cost
GarryVolchara [31]

Answer:

$2,925 Unfavorable

Explanation:

The computation of direct labor rate variance is shown below:-

Actual rate = Direct labor cost ÷ Actual direct labor hours

= $5,250 ÷ 150

= 35

Direct labor rate variance = (Selling rate - Actual rate) × Actual hours rate

= ($15.50 - 35) × 150

= -$19.5 × 150

= $2,925 Unfavorable

Therefore for computing the direct labor rate variance we simply applied the above formula.

8 0
3 years ago
The account titles for transaction (D) 5/5 should appear in the Account Title column of the journal entry as
Mrac [35]
The account titles for transaction (D) 5/5 should appear in the Account Title column of the journal entry as <span>A/P—Bellhaven Bank Cash

Hope this helps!!</span>
6 0
4 years ago
If making your family and friends a priority is important to you, you value
Kay [80]

Answer:

Relationships.

Explanation:

We maintain ourselves worth by trying to please excel meditate and even control or change ourselves to be closer to the people we love most.

5 0
2 years ago
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