Answer:
A. Financial innovation motivated banks and other financial institutions to bypass the intent of the Glass-Steagall Act.
B. The Act's restrictions put American banks at a competitive disadvantage relative to foreign banks.
D. The Fed allowed bank holding companies to enter the underwriting business.
References for Explanation:
A. Financial Crisis Inquiry Commission. (2011). <em>The financial crisis inquiry report: The final report of the National Commission on the causes of the financial and economic crisis in the United States including dissenting views</em>. Cosimo, Inc. p. 21
B. Financial Crisis Inquiry Commission. (2011). <em>The financial crisis inquiry report: The final report of the National Commission on the causes of the financial and economic crisis in the United States including dissenting views</em>. Cosimo, Inc. p. 205
D. Financial Crisis Inquiry Commission. (2011). <em>The financial crisis inquiry report: The final report of the National Commission on the causes of the financial and economic crisis in the United States including dissenting views</em>. Cosimo, Inc. p. 300
Answer:
Marjam's entry to record this transaction should include a c. Credit to Long-Term investments for $63,600.
Explanation:
Marjam investment in MacKenzie is a Financial Asset. A financial Asset is an obligation to receive cash.
Marjam will be paid a cash dividend based on the share of ownership it has in MacKenzie.
Share of Ownership = 63,600 shares/ 120,000 outstanding shares
= 53%
<u>Marjam's entry to record cash dividends is as follows </u>
Dividend = $120,000 × 53%
= $63,600
Debit : Bank $63,600
Credit : Long-Term investments $63,600
I think the correct answer from the choices listed above is the last option. It would be to purchase of house valued at $150,000 with $25,000 down and a mortgage of $125,000 that would <span> increase your net worth the most. From this option, you would gain the most. Hope this answers the question.</span>
Hello there.
Financial institutions that lend the funds that savers provide to borrowers, financial intermediaries.
Answer:
c. Individual
Explanation:
Debby in presenting her complaint before the authorities should categorise it under individual complaint because she was the only person not old about the major changes made by management.
She will also report the negative bias she is noticing. Negative bias is the tendency for people to pay more attention to negative occurrences than positive ones. So if she has noticed signs of negative bias it should against her person.
