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Tju [1.3M]
3 years ago
7

Banks that are financial intermediaries generate earnings when they facilitate the transfer of money from savers to borrowers by

paying savers a smaller return than they demand from borrowers. Group of answer choices True False
Business
1 answer:
lesya692 [45]3 years ago
6 0

Answer: True

Explanation:

Financial intermediaries are the institutions they have been put in place like a building society, bank, or unit-trust company, which are charged with the responsibility of holding funds from the lenders so that loans will be made available to people that wants to borrow.

It should be noted that banks that are financial intermediaries generate earnings when they facilitate the transfer of money from savers to borrowers by paying savers a smaller return than they demand from borrowers. This earning is their charges for the service rendered.

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Item65eBookItem 65When managers identify a market trend that suggests a new opportunity and then devise a strategy to go after t
dmitriy555 [2]

Answer:

Planning.

Explanation:

A manager can be defined as an individual who is saddled with the responsibility of providing guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.

Planning can be defined as the process of developing organizational objectives and translating them into action plans or courses of action.

This ultimately implies that, planning is a strategic technique used by organizations to make an aggregate plan for its manufacturing (production) process typically ahead of time, in order to have an idea of the level of goods that are to be produced and what resources are required so as to reduce the total cost of production to its barest minimum.

When managers identify a market trend that suggests a new opportunity and then devise a strategy to go after this new opportunity, they are involved in the function of planning.

6 0
3 years ago
One year​ ago, your company purchased a machine used in manufacturing for . You have learned that a new machine is available tha
Kazeer [188]

Answer:

Yes it would be profitable to replace a year old machine.

Explanation:

its always best to buy new things to replace others.

old things usually dont work correctly and could be out of date.

buying something new can reduce that probability of not working correctly

6 0
2 years ago
The five stages a buyer passes through in making choices about which products and services to buy is called the postpurchase beh
pychu [463]

Answer:

Purchase Decision Process

Explanation:

The purchase decision process is the one through which the a buyer makes his decision of buying a certain product.

This consumer buying process has five step which they use to make their decision, are following;

  1. Need or Problem Recognition.
  2. Information Search.
  3. Evaluation of Alternatives.
  4. Purchase Decision.
  5. Post-Purchase Evaluation.

I hope the answer is helpful.

Thanks for asking.

8 0
2 years ago
Suppose a government has no debt and a balanced budget. Suddenly it decides to spend $4 trillion while raising only $3 trillion
Nady [450]

Answer:

$40 billion

Explanation:

Data provided in the question:

Amount spend by government = $4 trillion

Amount raised by Taxes = $3 trillion

Interest rate = 4%

Now,

The bonds to be raised by the government

= Amount spend by government - Amount raised by Taxes

= $4 trillion - $3 trillion

= $1 trillion

or

= $1000 billion

Therefore,

The interest paid by the government each year

= Amount of bonds × Interest rate

= $1000 billion × 0.04

= $40 billion

6 0
3 years ago
Stine Company uses a job order cost system. On May 1, the company has a balance in Work in Process Inventory of $3,940 and two j
Rainbow [258]

Answer:

Stine Company

1. Journal Entries:

Debit:

Job 429                        $2,770

Job 430                           3,910

Job 431                           4,920

Manufacturing overhead 940

Credit Raw materials $12,540

To record raw materials used.

Debit:

Job 429                          $2,070

Job 430                            3,290

Job 431                              8,150

Manufacturing overhead 1,460

Credit Payroll               $14,970

To record labor consumed in production.

Debit:

Job 429                          $1,428

Job 430                            2,270

Job 431                            5,624

Credit Manufacturing Overhead $9,322

To assign overheads to jobs.

Debit Finished Goods $8,428

Credit Job 429 $8,428

To record the transfer of Job 429 to finished goods.

Debit Work-in-Process $9,322

Credit Manufacturing Overhead $9,322

To assign overheads to work-in-process.

Debit Work-in-Process $11,600

Debit Manufacturing Overhead $940

Credit Raw materials $12,540

To record raw materials used.

Debit Work-in-Process $13,510

Debit Manufacturing Overhead $1,460

Credit Payroll $14,970

To record labor consumed in production.

2. T-Accounts:

Job sheets

                                Job 429    Job 430     Job 431       Total

Beginning balance   $2,160      $1,780                       $3,940

Raw materials            2,770        3,910       $4,920      11,600

Direct labor               2,070       3,290          8,150       13,510

Overhead                  1,428        2,270         5,624       9,322

Finished goods       (8,428)                                          (8,428)

Ending balance     $8,428     $11,250      $18,694  $29,944

Work in Process

Beginning balance  $3,940

Raw materials           11,600

Direct labor               13,510

Overhead                  9,322

Finished goods       (8,428)

Ending balance   $29,944

Explanation:

a) Data and Calculations:

Beginning Work in Process Inventory = $3,940

Made up of Job No. 429 = $2,160

and Job No. 430 = $1,780

Job Number       Materials         Labor Time

                     Requisition Slips       Tickets

429                       $2,770              $2,070

430                          3,910                3,290

431                          4,920                 8,150

Total                    $11,600             $13,510

General use             940                 1,460

Total                  $12,540            $14,970

5 0
2 years ago
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