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4 years ago

FDIC is:

Business

2 answers:

seropon [69]4 years ago

5 0

Answer:

c) A government insurance program that will pay back account holders if the bank or lending institution fails

Explanation:

The FDIC is an acronym for Federal Deposit Insurance Corporation. It was founded by Franklin Roosevelt on the 16th of June, 1933.

FDIC is a government insurance program that will pay back account holders if the bank or lending institution fails.

The income generated from the premium payments of insured banks is used to fund or finance the FDIC.

yawa3891 [41]4 years ago

5 0

Answer: A government insurance program that will pay back account holders if the bank or lending institution fails(C)

Explanation:

The Federal Deposit Insurance Corporation is an independent federal agency that insures deposits in United States banks and thrifts in case of bank failures. The Federal Deposit Insurance Corporation was created in order to maintain public confidence and also encourage stability in financial system by promotng sound banking practices.

The Federal Deposit Insurance Corporation preserves public confidence by insuring deposits for at least $250,000 and also identifying and addressing risks in the financial system.

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Holding all else constant, a higher price for ski lift tickets would be expected to: A. increase the number of skiers B. decreas

Elenna [48]

Answer:

Option (b) is correct.

Explanation:

The law of demand states that there is a negative relationship between the price of the product and the quantity demanded for the product. This means that as the price of ski lift tickets increases then as a result the quantity demanded for ski tickets decreases. Alternatively, if there is a fall in the price of ski tickets then as a result the quantity demanded for sky tickets increases.

8 0

4 years ago

A bank has $650,000 in assets to allocate among investments in bonds, home mortgages, car loans, and personal loans. Bonds are e

frosja888 [35]

Answer:

using solver, the optimal solution is:

$325,000 invested in bonds

$162,500.01 invested in mortgages

$162,499.99 invested in personal loans

maximum profit = $66,625

Explanation:

profit maximization equation:

0.1b + 0.085m + 0.095c + 0.125p

where:

b = money invested in bonds

m = money invested in mortgage loans

c = money invested in car loans

p = money invested in personal loans

constraints:

b + m + c + p ≤ 650,000

p ≤ 0.25 x 650,000 ⇒ p ≤ 162,500

m ˃ p

b ˃ p

using solver, the optimal solution is:

$325,000 invested in bonds

$162,500.01 invested in mortgages

$162,499.99 invested in personal loans

maximum profit = $66,625

actually solver gave me the following solution:

$325,000 invested in bonds

$162,500 invested in mortgages

$162,500 invested in personal loans

maximum profit = $66,625

since mortgage loans must be larger than personal loans, I added 1¢ to mortgage loans and subtracted 1¢ from personal loans

4 0

3 years ago

Swordfish Co. earned $75,000 in 2018 and expects to receive 2/3 of the amount in 2019 and the remainder in 2020. How much revenu

Gnoma [55]

Answer:

$75,000

Explanation:

Revenue is said to be earned on the deliver of the goods and services to the party that enjoys the benefits from the good or service.

As long as control of the goods has been transferred, the revenue is earned. Note that this is not when cash has been collected.

As such, if the company earned $75,000 in 2018 but some amounts are to be collected in subsequent years, the revenue earned in 2018 is still $75,000 while the amounts yet to be collected will be recognized in accounts receivable.

5 0

4 years ago

What quality does an organizational structure reflect? the demographics of the organization how large an organization is the gro

mylen [45]

Answer: How large and organization is.

Explanation:

“An organizational structure, or how a group arranges itself and communicates within, reflects what the organization wants to accomplish, how large it is, type of industry, and what types of products or services it delivers among other things.

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3 years ago

The impact of financial accounting information on investors' and creditors' decisions is closely related to the concept of:_____

OlgaM077 [116]

The impact of financial accounting information on investors' and creditors' decisions is closely related to the concept of materiality. In auditing and accounting, the term "materiality" refers to the importance or "significance" of a sum, a transaction, or a discrepancy.

According to the general accepted accounting principles (GAAP) criterion known as "materiality," all items that are conceivably likely to have an influence on investors' decision-making must be documented or disclosed in full in a company's financial statements. The significance of information in financial accounts of a corporation is referred to as materiality. A transaction or business decision is "material" to the business if it necessitates reporting to investors or other users of the financial statements and cannot be excluded.

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3 0

2 years ago