1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sidana [21]
3 years ago
13

A financial intermediary that provides liquid financial assets in the form of deposits to lenders and uses their funds to financ

e the illiquid investment spending needs of borrowers is called a a. mutual fund. b. bank. c. corporation. d. pension fund. e. life insurance company.
Business
1 answer:
Allisa [31]3 years ago
7 0

Answer:

b. bank

Explanation:

<em>A bank is a</em><em> financial establishment authorized by the goverment to receive deposits, make loans and act as an intermediary in finantial transactions,</em><em> they can also provide financial services to their costumers like currency exchange or safe deposit boxes.</em>

I hope you find this information useful and interesting! Good luck!

You might be interested in
Difference between service-orinated and level wise profession? ​
mina [271]
Here is your genuine answer

7 0
3 years ago
g In translating the financial statements of a foreign subsidiary into the parent’s reporting currency under the current rate me
Usimov [2.4K]

Answer:

The translation adjustment is a function of the foreign subsidiary's net assets.

3 0
3 years ago
Behavioral economists attribute some consumer behavior to the endowment effect. Which of the following is an example of the endo
tensa zangetsu [6.8K]

Answer:

B. Being unwilling to sell a painting that you already own

Explanation:

Endowment effect is when individuals value things they own more highly than things they don't own. The endowment effect postulates that individuals are unwilling to exchange things they own for something else of equal value.

The amount people would be willing to accept in exchange for the good they own is usually very high compared to the true value of the object they own.

I hope my answer helps you.

3 0
3 years ago
In the month of March, Ivanhoe Salon services 550 clients at an average price of $150. During the month, fixed costs were $26,88
Fed [463]

Answer and Explanation:

The computation is shown below:

a. Total sales is

= 550 clients × $150

= $82,500

Variable costs is

= 60% of sales

= 60% × $82,500

= $49,500

Now

Contribution margin is

= total sales - variable costs

= $82,500 - $49,500

= $33,000

and, Contribution margin per unit is

= contribution margin ÷ total units

= $33,000 ÷ 550

= $60

And,

Contribution margin ratio is

= contribution margin ÷ total sales

= $33,000  ÷ $82,500

= 40%

3 0
3 years ago
Which of the following statements about federal student loans is true?
svetlana [45]

I believe the answer is: A. the interest rate on your loan will be fixed over time

.

There are two things that separate a student loan with any other type of loan. The first one is that there is no time limit of when the student loan must be paid. The second one is that unlike any loan, student loan would not dissapear even if you declare a personal bankruptcy.

6 0
3 years ago
Read 2 more answers
Other questions:
  • According to the guidelines of goal-setting theory, which of the following goals is most likely to stimulate performance?A. Incr
    6·2 answers
  • The technique for making cost and schedule trade-offs to obtain the greatest amount of schedule compression for the least increm
    12·1 answer
  • Senior Management generally makes what decisions​
    8·1 answer
  • Billy owes a liquidated debt of $3,000 to Rayna, his personal weight trainer. Billy sends Rayna a check for $300 on which he has
    15·1 answer
  • What are your ideas for creating jobs and getting people back to work?
    14·1 answer
  • Rowland &amp; Sons Air Transport Service, Inc., has been in operation for three years. The following transactions occurred in Fe
    14·1 answer
  • Blue Guitar Music School borrowed $30,000 from the bank signing an 8%, 6-month note on November 1. Principal and interest are pa
    11·1 answer
  • 5. Nadia wants to calculate the total interest, which is the total amount of the payments minus the loan amount. In cell F6, ent
    6·1 answer
  • The Taylor Rule specifies that the federal funds rate target should be equal to:_________ a) equilibrium federal funds rate + in
    8·1 answer
  • Jason is a manager of a multinational company and is working in one of the company's production plants located outside of the U.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!