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
Oksanka [162]
3 years ago
11

The existence of banks:____________.

Business
1 answer:
Veronika [31]3 years ago
4 0

Answer: E. makes the money supply equal to the amount of currency in circulation

Explanation: money supply is the total amount or value of money in circulation or existing in an economy while currency in circulation is the total amount or value of money released in an economy by the monetary institutions like the federal reserve and Centre banks minus the money removed from the economy.

So with banks, money supply and currency in circulation can be checked and made equal.

You might be interested in
ABC Company issues a 3-year bond with a $1,000 Face Value and a 5% Coupon Rate, with coupons paid once a year at the end of ever
AlekseyPX

Answer:

yield to maturity = 9.78%

Explanation:

yield to maturity = {coupon + [(face value - market value) / n]} / [(face value + market value) / n]]

YTM =  {$50 + [($1,000 - $913) / 2]} / [(($1,000 + $913) / 2]] = $93.50 / $956.50 = 0.09775 = 9.78%

The yield to maturity represents the total rate of return that an investor should receive if he/she holds a bond until it matures.

3 0
3 years ago
Madison Company issued an interest-bearing note payable with a face amount of $9,000 and a stated interest rate of 8% to the Met
castortr0y [4]

Answer:

zero

Explanation:

The activity in this scenario is fund raising/ issue note to a bank which is booked in financing activities, not in operating activities.

Thus we can said "there's no operating activity in Madison Company cash flow of 2016" if there's no other information.

7 0
3 years ago
Kameron, Candice and Leo were members of an LLC, Printing Unlimited, LLC (PU). They leased a digital printing press for their co
dybincka [34]

The requirement of Kameron, Candice, and Leo should be for pledging the personal assets in order to give the guarantee for the payment obligations with respect to the PU.

The information related to the pledged asset is as follows:

  • A pledged asset is a valuable possession that could be transferred to the lender in order to secure the debt or a loan.
  • The pledged asset should be considered as collateral that could be held by a lender and in return, it is for lending the funds.
  • Also, it can decrease the down payment that should be needed for the loan along with this if there is any change in the interest rate so the same should be decreased.

Therefore we can conclude that, the requirement done by these three people is needed for pledging the personal assets in order to give the guarantee for the payment obligations with respect to the PU.

Learn more about the LLC here: brainly.com/question/1214636

8 0
2 years ago
Bud’s Bucket ice cream company produces a chemically enriched ice cream and decides to penetrate the gourmet market by offering
ipn [44]

Answer:

It may turn off it's current customer base and cause them to purchase a competitors ice cream.

Explanation:

Market penetration strategy is the process of selling current products to an already existing market so as to obtain a higher market share by taking the market shares from the other competing companies.

Market penetration strategy uses low prices to generate demand for a product and increase market share. Bud's bucket ice cream decides to penetrate the gourmet market by offering its same ice cream at high prices instead of reducing the price, this might lead to a reduction in their current customer base.

6 0
3 years ago
Polarix is a retailer of ATVs (all-terrain vehicles) and accessories. An income statement for its Consumer ATV Department for th
kompoz [17]
What are you suppose to here ?
4 0
3 years ago
Other questions:
  • A statistic is said to be unbiased if:
    12·1 answer
  • Many new restaurants have opened in Collegetown in recent years. Given this change in supply, what type of demand would result i
    12·2 answers
  • In a command economy, the government does not do which of the following?
    8·2 answers
  • Lucas Laboratories' last dividend was $1.50. Its current equilibrium stock price is $15.75, and its expected growth rate is a co
    5·1 answer
  • Which of the following correctly indicates the order of phases in product planning?
    11·1 answer
  • Longhorn Corporation provides low-cost food delivery services to senior citizens. At the end of the year, the company reports th
    6·1 answer
  • Jan Carlzon, former president of Scandinavian Airlines (SAS), has said that one of the greatest fears executives have is that em
    15·1 answer
  • Kinnamont Company manufactures farming equipment that includes navigational systems as part of the standard equipment package an
    15·1 answer
  • An investment in an available-for-sale security is transferred to trading because the company anticipates selling the stock in t
    11·1 answer
  • Ian loaned his friend $30,000 to start a new business. He considers this loan to be an investment, and therefore requires his fr
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!