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dsp73
3 years ago
14

Banks differ from other types of depository institutions in that I. banks have more diversified asset portfolios. II. banks obta

in funds from more different types of sources. III. the average size bank is larger than other depository institutions.
Business
1 answer:
Tatiana [17]3 years ago
8 0

Answer:

The answer is: I) Banks have more diversified asset portfolios

Explanation:

Commercial banks receive deposits from clients and work with a variety of accounts; from personal or commercial loans, letters of credit, movement of funds, to a whole variety of different assets depending on what financial powers have been granted to them by the state or federal law by which they operate.    

Instead Thrifts (saving and loans associations) usually specialize in real estate lending and Credit Unions offer their services only to their members.

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Materials must have which two qualities in order to be classified as direct materials?
schepotkina [342]
The answer to your question is
<span>d. they must be an integral part of the finished product but can be an insignificant portion of the total product cost.

Hope this helps you!


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3 0
3 years ago
If we use Country A as the base country to calculate a cost-of-living index comparison to Country B and the index number is posi
arsen [322]

Answer:

Greater than

Explanation:

Answer 1:

If the index number used to calculate prices is positive, then it shows that price level in country B is greater than the price level in Country A which is used as the base year. Thus, the blank can be filled by Greater than.

 

PPP adjusted GDP in this case in country B will be less than its nominal GDP as price level is higher.

8 0
3 years ago
Read 2 more answers
Item 1Item 1 Thomas invests $109 in an account that pays 6 percent simple interest. How much money will Thomas have at the end o
olga nikolaevna [1]

Answer:

Total amount at the end of 4 years = $135.16

Explanation:

A simple interest account pays interest on only the sum deposited at an annual rate for a specified period of time without compounding or adding the interest earned in a particular period in the calculation of interest earning for the next period. Thus, if 1000 is invested and interest s earned at 10% then the interest earned will remain constant for every period the money is still deposited in the account.

The formula to calculate interest under simple interest method is,

Interest = Principal * Annual Rate * Time in years

Total Interest earned = 109 * 6% * 4

Total interest earned = 26.16

Total amount at the end of 4 years = Principal + Interest

Total amount at the end of 4 years = 109 + 26.16

Total amount at the end of 4 years = $135.16

5 0
4 years ago
If something is new or unusual, most people’s first instinct will be to ______. a. Accept it b. Try it c. Reject it d. Celebrate
svetlana [45]
I think the answer is c. reject it
3 0
3 years ago
Read 2 more answers
In preparing its bank reconciliation for the month of April 2020, Sells, Inc. has available the following information. Balance p
Feliz [49]

Answer:

The adjusted cash balance at April 30, 2020 is $36,060

Explanation:

The adjusted cash balance at April 30, 2020 is computed as:

Adjusted cash balance = Balance as per bank statement, 4/30/20 + Deposit in transit, 4/30/20 - Outstanding check, 4/30/20

where

Balance as per bank statement is $40,920

Deposit in transit is $10,200

Outstanding check is $15,060

= $40,920 + $10,200 - $15,060

= $51,120 - $15,060

= $36,060

4 0
4 years ago
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