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xeze [42]
4 years ago
12

The Consumer Financial Protection Bureau was created with the oversight authority necessary to ensure that Select one: A. the pr

ices and risks for credit products and other consumer financial services are easy to understand. B. the prices and risks for mortgages, credit cards, and other kinds of financial products and services are clear. C. consumer financial markets work. D. all of the above.
Business
2 answers:
WINSTONCH [101]4 years ago
7 0

Answer: option D. all of the above.

Explanation:

The purpose of the CFPB is to promote fairness and transparency for mortgages, credit cards, and other consumer financial products and services. It will also set and enforce clear, consistent rules that allow banks and other consumer financial services providers to compete and that let consumers see clearly the costs and features of products and services.

CFPB functions to assist people in borrowing money or using other financial services which include: implementing and enforcing Federal consumer financial laws,reviewing business practices to ensure that financial services providers are following the law

It also aim to make consumer financial markets work for consumers and the economy as a whole.

It also protect consumers from unfair, deceptive, or abusive practices and take action against companies that break the law.

kondor19780726 [428]4 years ago
6 0

Answer:D

Explanation:

All of the above

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Katen [24]

Answer:A

Explanation:

Persuading is a way to attracter customers

3 0
3 years ago
Job 243 was recently completed. The following data have been recorded on its job cost sheet: Direct materials $ 55,870 Direct la
liq [111]

Answer:

 $16.66

Explanation:

Data provided

Direct material = $55,870

Direct labor hour = 475

Wage rate = $11

Machine hour = $556

Number of units = 4,100

Overhead rate = $13

The preparation of job sheet is shown below:-

Direct Material                $55,870

Add: Direct Labor           $5,225

( 475 × $11)

Overhead                         $7,228

($556 × $13)

Total                                  $68,323                      

Number of units                4,100

Cost per unit                      $16.66

($68,323 ÷ 4,100)

8 0
3 years ago
PLS HELPPP FASTTT!!!! Which of the following is not consistent with the efficient market hypothesis?
Morgarella [4.7K]

Answer:

c. News has no effect on stock prices.

Explanation:

A foreign exchange market can be defined as a type of market where the currency of a country is converted to that of another country. For example, the conversion of the United States of America dollars into naira, rands, yen, pounds, euros, etc., at the foreign exchange market.

Efficient market school is the market school which argues that forward exchange rates do the best possible job for forecasting future spot exchange rates, so investing in exchange rate forecasting services would be a waste of time because it is impossible to have a consistent alpha generation on a risk adjusted excess returns basis as market prices are only affected by new informations.

The efficient market school also known as the efficient market hypothesis (EMH) is a hypothesis which states that, asset (share) prices reflect all information and it is very much impossible to consistently beat the market. Also, forward exchange rates are exchange rates controlling foreign exchange transactions at a specific future date or time.

According to the efficient market hypothesis, News has an effect on

the prices at which a stock is sold because it affects demand and supply.

6 0
3 years ago
Renee operates a proprietorship selling collectibles over the web, and last year she purchased a building for $24 million for he
Nuetrik [128]

Answer:

$30.1

Explanation:

Adjusted basis refers to the net value of an asset after considering depreciation and capital investments. It is the net value of an asset.

Adjusted taxable income is the income after adjusting for depreciation and interest.

For a sole proprietorship, the income of the business is the same as owners' income.  

For Renee, adjusted taxable income will be,

Total revenue= $85M

Net expenses equal to total revenue minus depreciation minus interest paid

=$78.1, - $10.1 - $12.7

=$54.9

Adjusted taxable income= Total revenue - net expenses

= $85 - $54.9

=$30.1

5 0
3 years ago
A put option on a stock with a current price of $47 has an exercise price of $49. The price of the corresponding call option is
Sedbober [7]

Answer:

The answer is 5.559539 or 5.56.

Explanation:

From the given question let us recall the following statements

The current price of A put option on a stock  = $47

With an exercise price of $49

Annual risk-free rate of annual  interest is = 5%

The  corresponding  price call option is = $4.3

The next step is to find the put value

Now,

The Call price + Strike/(1+risk free interest) The Time to maturity =

Spot + Put price

Thus

The,Put price = Call price - Spot + Strike/(1+risk free interest)Time to maturity

When we Substitute the values, we get,

Put price = (4.35 - 47) + 49/1.05 4/12

Therefore, The  Put Price = 5.559539 or 5.56

4 0
4 years ago
Read 2 more answers
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