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kap26 [50]
3 years ago
15

A student remarks:

Business
1 answer:
inessss [21]3 years ago
7 0

Answer and explanation:

<em>The position of the student is correct</em>. Financial intermediaries are entities participating in a financial transaction that function as a bridge. A financial intermediary helps lenders contact creditors and buyers meet with sellers. In fact, the parties on either side of the transaction do not need to meet at all, thanks to the financial intermediary. Eventually, depositors earn a profit by the interest of the money stored in the financial intermediary.  

The situation explained above is not the same when talking about insurances. Insureds pay a monthly fee for having a policy that provides them with coverage according to the insurance. If the insurance was never used, the money paid by the insured is not given back.

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A firm’s income statement included the following data. The firm’s average tax rate was 20%. Cost of goods sold $ 9,000 Income ta
Semmy [17]

Answer:

a. $12,000

b. $32,000

c. $17,000

Explanation:

The computations are shown below:

a.  Net income = (Income tax paid ÷ Tax rate) – Income tax paid    

Net income = ($3,000 ÷  20%) - $3,000    

                   = $12,000

b.  Revenues = Cost of goods sold + Income tax paid + Administration expense + Interest paid + Depreciation + Net income

= $9,000 + $3,000 + $4,000 + $2,000 + $2,000 + $12,000

= $32,000

3. EBIT = Net income + Interest expense + Taxes

= $12,000 + $2,000 + $3,000

= $17,000

8 0
3 years ago
The​ ____________ concept is based on the​ development, design, and implementation of marketing​ programs, processes, and activi
crimeas [40]

Answer:

The correct answer is Holistic marketing.

Explanation:

Holistic marketing is a term coined by Philip Kotler, in which the areas of exploration, creation and delivery of the value that a company carries out through the management of relations with all its stakeholders are integrated. This means working with "value" in terms of customer relationships, competition and our network of collaborators.

With this strategy, it is possible to increase the value perceived by all parties, obtaining a high level of quality in the processes and a growth in the share of customers thanks to loyalty. Many times the term is used to refer to 360º (multi-channel) or blended marketing techniques, but in reality it is an expanded value management.

5 0
3 years ago
What is the difference between demand and quantity demanded of a product, say milk?
Cerrena [4.2K]
Demand is how much that thing is needed by people and quantity is how much of one thing they have. Hope that makes sense.

Example: The demand of milk has risen, so has the price.
Example: Having five jugs of milk is a large quantity.
4 0
3 years ago
Grant Company gathered the following reconciling information in preparing its July bank reconciliation: Cash balance per books,
ddd [48]

Answer:

a. $4,160.

Explanation:

The bank reconciliation is one done between the balance per the books and balance per the bank statement. This is usually as a result of transactions known as reconciling items.

These are items that have either been recognized in books but yet to be recorded by the bank or vice versa, transactions recorded wrongly by one of the parties etc.

The adjusted cash book balance is one that contains the necessary adjustments to transactions captured in the bank statement but yet to be recorded in the books.

The adjusting items are

  • Notes receivable and interest collected by bank 850
  • Bank charge for check printing 20
  • NSF check 170

Hence the adjusted cash balance

= $3500 + $850 - $20 - $170

= $4,160

6 0
3 years ago
If employers do not require a(n) __________, performance appraisal ratings often do not match the normal distribution of a bell-
Lubov Fominskaja [6]

Answer:

forced distribution

Explanation:

Based on the rest of the sentence it can be said that the missing term is forced distribution. This is a system that requires managers to evaluate each individual and rank them typically into one of three categories. These categories are excellent, good, and poor and allow managers to indicate if the employee should be terminated, is doing good, or is in-line for promotion as indicated in the graph below. This term is also known as the vitality curve or bell curve.

4 0
3 years ago
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