Answer: Option D
Explanation: In simple words, direct finance refers to the situation when the borrowers borrows money directly from lenders, and do not consider taking help from any intermediary. In other words, when the issuers in the financial market sell their securities directly to the general investors then such financing is termed as direct financing.
This financing is cheaper and benefits both he lender and the borrower. Hence we can conclude that the correct option is D.
This statement is true. A coupon rate is a stated interest on a corporate, municipal, or government bond. A bond is a contract to repay the borrowed or owed money and all of its interests for any future investments.
Answer:
c. The "apparent," but not necessarily the "true," financial position of a company whose sales are seasonal can change dramatically during a given year, depending on the time of year when the financial statements are constructed.
Explanation:
Financial statements are used to show the financial activity of a business within a given period.
One of the principles of a accounting is periodicity. This requires businesses to report their financial position at regular intervals consistently, and not in an inconsistent manner. So if a business reports their finances twice a year. At year end and at mid year, it is possible that at mid year due to seasonal sales performance will be high and business is perceived to be highly profitable.
But financial report at end of year in the off-season will show low performance.
So for seasonal businesses there can be apparent view of a business during the year that can change dramatically because of time at which reports are made.
Answer:
Consumer Financial Protection Bureau
