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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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Answer:

This allows WeBuy&Sell.com to earn high profits at a very low cost. According to the given scenario, WeBuy&Sell.com has high scalability.

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In an economic context, a scalable business model implies that a company can increase sales given increased resources.

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Xyz inc. has total debt ratio of 0.62. calculate the company's equity multiplier.
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Christie makes changes to her budget at the end of every month. What is her reason for doing this in terms of smart financial pl
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3 years ago
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Edgar Co. acquired 60% of Stendall Co. on January 1, 2013. During 2013, Edgar made several sales of inventory to Stendall. The c
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Answer:

Non-controlling interest in net income decreased would have by $6,000

Explanation:

The computation of net income is shown below:-

Profit on Intra-Entity Sales = Revenue - Cost of goods sold

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