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balandron [24]
3 years ago
12

Commercial banks, savings and loan associations, and credit unions Multiple Choice

Business
1 answer:
Phantasy [73]3 years ago
7 0

Answer:

The correct answer is letter "D": accept deposits and make loans.

Explanation:

Commercial banks are the most common financial institutions there are allowing people have access to<em> deposits, loans, Certificate of Deposits (CDs), mortgages, credit cards, </em>and <em>mutual funds </em>among a wide variety of investment and credit instruments.  

At a lower level, savings and loan associations and credit unions offer deposits and loans but the first ones share the money pooled among its members who share profits and credit unions are non-profit entities mainly formed by employees of the same organization.

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Rainey Enterprises loaned $40,000 to Small Co. on June 1, Year 1, for one year at 6 percent interest. Required Show the effects
MariettaO [177]

<u>Explanation:</u>

Cash flow is a statement which shows the amount of cash inflow and outflow of the company. With the help of the cash flow statement the company can determine its efficiency in managing the debt and credit in the company.

The operations of the company can be found with the CFS. The investors to the company can understand the position of the company with the cash flow statements. Financial strength of the company can be determined with cash flow statement.

7 0
3 years ago
LMN Insurance Company is concerned about its exposure to hurricane losses for property risks it insured on the Gulf Coast. LMN b
ELEN [110]

Answer:

c) Catastrophe Bonds

Explanation:

These type of bonds are also known as the CAT bonds, and they are issued  at any catastrophic event which is foreseen in the future. Basically these are insured linked securities that are used in the process of managing risks that are associated with the catastrophic events such as mentioned in the question i.e hurricane.

Any investor before investing in these bonds should fully understand what type of bonds are these because they posses a greater risk of low return and are very different from conventional bonds.

Hope this helps.

Thanks buddy.

3 0
3 years ago
Because your department has not reached its sales quota, your boss has asked you to change figures to show that sales were highe
jeyben [28]
I believe the answer is c
5 0
3 years ago
The expected date of confinement (eds) is usually estimated by a formula called:
Pachacha [2.7K]
It is called the Naegele's run the show. It predicts an expected due date in light of the beginning of the lady's last menstrual period. You just extra nine months and seven days to land at the due date. 
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7 0
4 years ago
The advertising promise that captures the reason that people buy products is known as:____________.
umka21 [38]

Answer:

C) the selling proposition.

Explanation:

The selling proposition refers to the marketing strategy that creates  awareness among the customers that the company own product is superior as compared with the competitor product in terms of price, quality, quantity, service, etc

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Therefore in the given case, the option C should be selected

5 0
3 years ago
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