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
geniusboy [140]
3 years ago
12

At the end of the week, Carla receives her paycheck and goes directly to the bank after work to make a deposit into her savings

account. The bank keeps the required reserve and then loans out the remaining balance to a qualified borrower named Malik as a portion of his small business loan. Malik uses the loan to buy a tractor for his construction business and makes small monthly payments to the bank to payback the principal balance plus interest on the loan. The bank profits from a portion of the interest payment received and also passes some of the interest back to Carla in the form of an interest payment to her savings account. In this example, the bank is acting ________.
Business
1 answer:
r-ruslan [8.4K]3 years ago
7 0

Answer:

The answer is an intermediary between the saver and the borrower

Explanation:

In this example, the bank is acting as an intermediary between the saver and the borrower.

You might be interested in
When she finishes entering her transactions, adrienne realizes that her balance is incorrect. assuming that adriennes beginning
vagabundo [1.1K]
I think it's "Adrienne did not enter her ATM withdrawal correctly". That's my best guess
5 0
3 years ago
Read 2 more answers
To cater to the growing demand for luxury automobiles, Italy agrees to buy 5,000 cars from Comfort Cars Inc. in exchange for 5,0
kupik [55]

Answer: barter

Explanation:

Barter is an exchange system whereby money isn't used as the medium of exchange but rather, there's a direct exchange of goods or services.

From the question, we are given the information that Italy agrees to buy 5,000 cars from Comfort Cars Inc. in exchange for 5,000 barrels of oil. This shows that a barter system took place.

7 0
3 years ago
Manufacturing overhead data for the production of Product H by Shakira Company are as follows.Overhead incurred for 45,100 actua
Fittoniya [83]

Answer:

Total overhead cost variance                                      $

Standard fixed overhead cost ($9 x 45,100 hrs)    405,900

Less: Actual fixed overhead cost                             <u>411,000 </u>

Total overhead cost variance                                   <u> 5,100 (A)</u>

Explanation:

Total overhead variance is the difference between standard fixed overhead cost and actual fixed overhead cost. Standard fixed overhead cost is overhead rate multiplied by actual direct labour hours. Overhead rate is the total of variable overhead and fixed overhead rate ($8 + $1 = $9).

8 0
3 years ago
An employee scans his badge to open a door, and the door opens. The employee does not have access to the room as part of the job
Deffense [45]

Answer:

The correct answer is: False positive.

Explanation:

In statistics, a False positive outcome refers to the scenario when ac action is carried out expecting a negative result but eventually the action works. The term is widely used in medicine in cases, for instance, when women have positive results on pregnancy tests but they are not expecting a baby.

4 0
3 years ago
Last year, Valley Manufacturing reported sales of $800,000, net operating income of $40,000, and average operating assets of $40
Elza [17]

Answer:increase, 10%, 12%

Explanation:

7 0
2 years ago
Other questions:
  • You are going to the movie theater with your grandparents and your younger brother. Senior citizen tickets cost $6, your ticket
    15·1 answer
  • Marianne is the payroll manager at johnson manufacturing. she wants to upgrade the department's accounting systems. to whom woul
    10·2 answers
  • If you take out a loan, which two things do your loan payments go toward?
    7·2 answers
  • A firm leases equipment under a long-term finance lease (analogous to an installment purchase) that calls for 12 semiannual paym
    5·1 answer
  • A company using the periodic inventory system has inventory costing $210 on hand at the beginning of a period. During the period
    5·1 answer
  • You and your college roommate eat three packages of Ramen noodles each week. After graduation last month, both of you were hired
    14·1 answer
  • Derek's new office is undergoing a minor renovation and he cannot conduct business in the location for approximately six months.
    14·1 answer
  • Nadine’s Home Fashions has $2.12 million in net working capital. The firm has fixed assets with a book value of $31.64 million a
    8·1 answer
  • Taking stock of where the firm or product has been recently, where it is now, and where it is headed in terms of the organizatio
    10·1 answer
  • The Tax Equity and Fiscal Responsibility Act of 1982 (TEFRA) resulted in implementation of risk contracts, which are arrangement
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!