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.
Answer:
(a) $170,000
(b) $80,000
Explanation:
(a) The amount and character of Luke's recognized gain or loss on the building:
= (Fair market value - cost to built) + Depreciation expense
= ($325,000 - $200,000) + $45,000
= $170,000
(b) The amount and character of Luke's recognized gain or loss on Land:
= (Fair market value - Purchasing cost
= (210,000 - 130,000)
= $80,000
Answer:
Sei senora Le del ray fenora tenor fa le sai de nira fa la sa no twai he fa ching fang la senor te fora fen teai
Answer:
4.524%
Explanation:
Jackson's marginal tax rate = 22%
after tax return of Sundial Incorporated bonds = 5.8% x (1 - 22%) = 4.524%
since municipal bonds are not taxed by the federal government, in order to compare the yields we must calculate the after tax return of corporate bonds. On the other hand, federal bonds do not pay state and local taxes.
Answer:
The correct option is A and B.
Explanation:
The following are the benefits or advantage of earnings college credit in high school are:
1. Earning college credits in the high school will costs money but make cheaper instead of paying per credit hour in college.
2. Will make the person stressed free from the academic criteria.
3. Could explore particular filed of study in depth.
4. Improve the chances of getting into the college of choice or could earn scholarship.
Therefore, the correct option is A and B.
