1: Brokerage firms: a type of non-depository financial institution
that manages and facilitates the purchase of bonds, stocks, and other
types of investments.
2. Depository and non-depository financial
institutions: Depository tends to be things such as banks and
non-depository are life insurance companies; differences between both is
that non-depository are not insured by FDIC.
3. Credit Unions: non-profit, member owned institutions and another type of depository institution.
4. Demand deposit accounts: accounts that individuals and business can use to pay their bills.
5. Bonds: investments that promise to pay a certain amount of interest on the principle amount after a given time.
Critical Thinking. 1. What are some considerations in choosing a financial institution? Which one do you think would be
the most important consideration for you in choosing a financial institution? --When a choosing financial institutions, you want to consider location of the institution and the availability of services in your area. Important factors in choosing for the location and services provided; convenience and how often you go.
2. What are the pros and cons of U.S. savings bonds? --Saving Bonds offer a secure investment; does not cost you state or local tax. The con would be figuring when to cash them in or the maturity of the bond can be confusing.
3. What are some of the problems that individuals might face if they use one of the "problematic"
financial institutions?-- If something happens that results in the person going to the institution for help; institution can charge a high interest or the loan could be short. This can result to the person being in debt or have a mark on their financial record for late payments.
4. What are some of the consumer protections available? What can individuals do to protect
themselves? --Many accounts in the United States have FDIC insurance that covers $100,000 of the money in the indiviudal's account. The government has set regulations that can and can't be practiced with consumers; such as regulations required for banks to disclose all aspects of the agreements with their clients.
5. What are some of the advantages and disadvantages of choosing a federally-insured account?--Advantage: federally insured for up to $100,000.--Disadvantage: interest at which account pays is well below the inflation rate
Answer:
B. Escalator Clause
Explanation:
An escalation clause is a clause in a lease or contract that guarantees a change in the agreement price once a particular factor beyond control of either party affecting the value has been determined. An important example of this is a contract that adjusts for inflation.
Answer: True- An uncontrollable change in the marketing environment
Explanation:
According to the given question, The manager of the store is noticed that the regular customer of his store is reducing day by day and the customers starts shopping from Walmart super-center.
So, the main fundamental marketing problem is illustrated based on the given scenario is that an uncontrollable change in marketing environment.
An uncontrollable factors basically influencing the various types of organizational factors such as performance, demographics and the technological factors.
Therefore, The given answer is correct.
Answer:
The levels of poverty.
Exchange rate.
The productivity of laborers.
National debt/The total borrowings of the government.
Inequality in Income.
Real Disposable Income
The Misery Index.
Explanation:
The above are some of the distinct types of economic measurement methods that are employed to analyze the economic growth of a nation. The higher poverty level affects the economic growth negatively. Similarly, the exchange rate, the labor productivity, the amount of national debt, income inequality, etc. are the key factors that displays the economic health of a country. It helps show how well a nation has performed in a specific duration and where they are lagging behind in comparison to other nations.
Explanation:
The adjusting journal entry to record the given adjustment is shown below:
At the year-end
Insurance expense A/c Dr. A/c $800
To Prepaid Insurance A/c $800
(Being insurance expense is recorded)
The computation is given below:
= Prepayment done for 6 months insurance policy - expired insurance
= $1,200 - $400
= $800
