All categories

3 years ago

6. Commercial banks create money by

2 answers:

7 0

A. Making loans while only keeping a fraction if deposits in. Commercial banks make money by providing loans and earning interest income from those loans.Customers who deposit money into these accounts effectively lend money to the bank and are paid interest. However, the interest rate paid by the bank on money they borrow is less than the rate charged on money they lend.

AveGali [126]3 years ago

3 0

Answer: I think is A

Explanation:

You might be interested in

The Securities and Exchange Commission: Multiple Choice verifies the accuracy of the information contained in the prospectus. pu

nasty-shy [4]

Answer:

reviews registration statements to ensure they comply with current laws and regulations.

Explanation:

The Securities and Exchange Commission (SEC) is a governmental agency saddled with the sole responsibility of regulating the securities or capital markets, as well as protecting investors in a country.

In the United States of America, the Securities and Exchange Commission (SEC) as an independent government agency was established under the Securities Act of 1933 and the Securities and Exchange Act of 1934 of the United States of America. It has the power to propose securities rules and regulations, and enforce federal securities law in the securities market.

Hence, Securities and Exchange Commission reviews registration statements of bond issuers, investment advisers etc, to ensure they comply with current laws and regulations.

5 0

3 years ago

You are thinking about buying a piece of art that costs $ 20 comma 000. The art dealer is proposing the following deal: He will

Irina-Kira [14]

Answer:

Explanation:

This is an annuity question. You can solve this using a financial calculator with the following inputs;

Present value ; PV = -20,000

Duration; N = 15 payments

2 year interest rate; I = [(1.07)^2 ] -1 = 14.49%

One-time future cashflow; FV = 0

Then compute recurring payment ; CPT PMT = $3,336.28

Therefore, you'll pay $3,336.28 every 2 years

3 0

3 years ago

The materials requisition is used to a.release materials from the storeroom to the factory b.record the acquisition of materials

Sliva [168]

Answer:

a. release materials from the storeroom to the factory

Explanation:

A materials requisition is a common document in materials management. It is sent by the production department in order to request a certain amount of materials from storage to the manufacturing process. It is an important part of accounting documentation as bookkeepers need to see how much raw material was used in the manufacturing process.

7 0

3 years ago

A work-at-home opportunity is available in which you will receive 2 percent of the sales for customers you refer to the company.

olga55 [171]

Answer:

$37,500

Explanation:

You receive 2% of the sales.

You have to earn $750 to break even, or cover the franchise cost.

So, if we let Sales be "x", we can say:

2% of x would be 750

What is 2% in decimal?? We divide by 100, so we have:

2% = 2/100 = 0.02

Now, we convert the word equation above to mathematical equation:

0.02 * x = 750

Now, we solve for x, the amount customers have to buy (or sales):

$0.02*x=750\\x=\frac{750}{0.02}\\x=37,500$

Hence,

Customers would have to buy $37,500 to cover the cost of this fee.

6 0

4 years ago

The current controllable margin for Henry Division is $138000. Its current operating assets are $300000. The division is conside

lilavasa [31]

Answer:

The correct answer is Decrease ROI by 9.33%.

Explanation:

According to the scenario, the computation of the given data are as follows:

First we calculate return on investment before purchase:

Return on investment = (Controllable Margin ÷ Operating assets ) × 100

= ($138,000 ÷ $300,000) × 100

= 46%

Controllable margin (New) = $138,000 + $5,000 = $143,000

Operating assets = $300,000 + $90,000 = $390,000

Return on investment (New) = ($143,000 ÷ $390,000) × 100

= 36.67%

So, change in ROI = 36.67 % - 46%

= - 9.33% ( Negative shows decrease )

Hence, Decrease ROI by 9.33%.

6 0

3 years ago