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Ket [755]
4 years ago
8

The purpose of a financial intermediary is to help channel funds

Business
1 answer:
Triss [41]4 years ago
3 0

Answer:

a. from one banks to another

Explanation:

You might be interested in
Disney World in Orlando, FL has several theme parks, resorts, restaurants, and stores. Each is intentionally created to offer a
Nutka1998 [239]

Answer:

5. An experience

Explanation:

Disney World in Orlando is clearly selling an experience with its Wilderness Lodge.

Disney is trying to have customers experience, has close as possible (and as comfortably as possible) what it would have been like to be a pioneer in the wilderness. This is why the hotel, the waiting staff, and the performaces have a pioneer theme and are aimed at making the whole thing feel authentic.

3 0
3 years ago
Stallion Corporation sold $100,000 par value, 10-year first mortgage bonds to Pony Corporation on January 1, 20X5. The bonds, wh
katovenus [111]

Solution :

a).

Amortization of the bonds premium semi annually = $ 250

Amortization of the bonds premium annually = 250 x 2

                                                                           = $ 500

Bond premium = 500 x 10

                        = $ 5000

Par value bond = $100,000

Premium on the bonds = $ 6000

∴ Original price of the bonds = $ 106,000

b).

Original purchase price = $ 106,000

Semi annually periods from 1 Jan 20X5 to 31 Dec 20X7 = 3 yrs x 2 = 6 periods.

The premium amortization till 31st Dec, 20X7 = $ 250 x 6 = $1500

The balance of the bond investment account = $ 106,000 - $1500

                                                                            = $ 104,500

c).

Event 1

Accounts                                                                       Debit                   Credit

Bonds payable                                                          $100,000

Bonds premium (6000-1500)                                   $4500

Interest income (5750 x 2)                                        $ 11500

Investment in the Stallion Bonds                                                        $104,500

Interest expenses                                                                                 $ 11500

Event 2

Accounts                                                                       Debit                   Credit

Interest payable                                                          $ 6000

Interest receivable                                                                                  $6000

7 0
3 years ago
What two things affect the percentage of federal taxes withheld from your paycheck?
jeka94
The Tax Cuts and Jobs Act changed the way tax is calculated.
For employees, withholding is the amount of federal income tax withheld from your paycheck. The amount of income tax your employer withholds from your regular pay depends on two things: The amount you earn. The information you give your employer on Form W–4.
6 0
3 years ago
One disadvantage of renting a home is , which directly affect what the renters can and can’t do in and around the house. On the
nekit [7.7K]
Some disadvantages of renting a home are not have the freewill to: modify the home, have pets, or allow just anyone to live in said home without the landlord's permission; the renter must abide by the landlord's policies, or s/he may get fined/evicted.

On the other hand, renting provides consumers the benefit of: being able to move out freely after the contract is over, not having to pay for mortgage, not having to permanently commit to the home, and not being obligated to upkeep major maintenance.

5 0
4 years ago
Consumers having more money to purchase computers will most likely result in?
Softa [21]

Answer:

an increase in prices for computers and computer accessories

Explanation:

An increase in income leads to increased demand for products and services. Consumers can afford to buy more products because their disposable income has increased. Should demand increase without a corresponding increase in supply, prices are likely to rise.

Computers and computer accessories are complementary products. These are goods that are used together. An increase in demand for one product results in increased demand for the other. Should consumers have more money to buy computers, the demand for computers will increase, and their prices will also increase.

6 0
3 years ago
Read 2 more answers
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