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topjm [15]
3 years ago
13

"Choose your favorite financial institution: bank or credit union. Are the Financial Statements available online? How do they co

mpare to the financial statements in the Banking Game? Could you provide the URL to your financial institutions financial statements?"
Business
1 answer:
tamaranim1 [39]3 years ago
4 0

Answer:

I have selected Standard Chartered Bank which is one of the leading banks in the world. It has more than 1200 branches across 70 countries in the world. The head quarter of the bank is in the city of London, England.

The financial statements of the banks are available online. These financial statements are compared with similar other banks or industry averages to analyse the performance of the bank.

Explanation:

Standard Chartered is one of the finest bank in the world. The banking sector has been always striving to serve people better and standard chartered has made this possible. The financial statements of the bank are available online. One can easily go to the banks website of their respective country and click the about us tab. Then in the about us tab there is detail about company operations and their mission vision statements along with free and complete access to financial statements.

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the level of reserves (depositor funds held back from making loans) is very important in determining the money supply.
grigory [225]

It's true that the amount of reserves depositor money withheld from funding loans plays a significant role in influencing the money supply.

All the money and other liquid assets present in an economy on the measurement date are referred to as the money supply. The money supply roughly consists of deposits that can be utilized virtually as easily as cash in addition to actual currency.

Governments issue coin and paper money through a mix of national treasuries and money supply, central banks. By dictating to banks what reserves they must maintain, how to offer credit, and other financial issues, bank regulators have an impact on the amount of money that is available to the general people.

By regulating interest rates and altering the amount of money flowing through the economy, economists study the money supply and create policies based on it. Because the money supply may have an impact on price levels, inflation, and the business cycle, both the public and private sectors conduct analyses. The most significant determining factor in the money supply in the United States is Federal Reserve policy. The term "money stock" also applies to the money supply.

Learn more about money supply here

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4 0
1 year ago
What is the relationship of a single firm's demand curve in a purely competitive industry?
pav-90 [236]
Pure competition or perfect competition is where all firms have full knowledge of what is going on in the market, where there is free flow of information between not only the producers, but also with the consumers.

As such, all firms have no dominant share of market power since each individual firm is able to produce the good of the same quality and quantity (factors of production are fluid, and no costs in transportation in this theory). And at the same time, consumers have full knowledge of the quality of good they are getting and hence no firm will be able to exploit the misinformation of a good for its own profits.

This builds up to the point of a perfectly elastic demand curve, where consumers know what amount and at which price point do they value the product at. And knowing for the fact that small individual firms in a purely competitive firm have no say over prices, they become the price takers for this kind of market. Thus where MB=MC, the equilibrium point is reached and it is also at the socially optimal level since all consumers have full knowledge of the pros and cons of consuming a product (hence no externalities).

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6 0
3 years ago
A net worth statement, insurance plan, and a budget are all part of a _____. saving and investing plan financial plan savings ac
Vera_Pavlovna [14]
<h3><u>Answer;</u></h3>

Financial plan

<h3><u>Explanation;</u></h3>
  • A net worth statement, insurance plan, and a budget are all part of a Financial plan.
  • <u><em>The parts of a good financial plan include a net worth statement, financial goals, a budget, a saving and investing plan, and an insurance plan.</em></u>
  • Financial plan is generated from financial information. There are five parts to a organize your financial information, these includes; net worth statement, financial goals, budget, saving and investing plan, and insurance plan. Another way to organize your financial information are bills, receipts, and account statements.
4 0
2 years ago
Read 2 more answers
You are writing the second edition of a user manual to be included with software sold to the general public. You want to reuse a
OLga [1]

Answer:

rewrite the introductory materials yourself

Explanation:

Based on the information provided within the question it can be said that in this scenario your best option would be to rewrite the introductory materials yourself . Without knowing what who wrote that section or what the contractual conditions were you cannot copy that material because you are risking being sued for copyright infringement and potentially losing a lot of money or even the software in some cases.

6 0
3 years ago
Explain the difference between a bid price and an asked price and explain why the prices are different
alexgriva [62]

Answer:

Explanation:

The bid price is what buyers are willing to pay for it. The ask price is what sellers are willing to take for it. If you are selling a stock, you are going to get the bid price, if you are buying a stock you are going to get the ask price.

6 0
3 years ago
Read 2 more answers
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