The answer is letter C. do not have stock in Federal Reserve Banks.Depository institutions include commercial banks, savings banks, and credit unions; the others shown are traditionally classified as non-depository institutions. The common bond rule effectively limits the size of credit unions. Credit unions focus on financial products aimed at consumers, not businesses (loan portfolio on next slide)
Answer:
Correct Answer:
A. Planning must be community based, representing the whole population and its needs.
Explanation:
In any given situation, there maybe need to manage and mitigate the threat, hazards caused by an individual. This mitigation would be done through planning in-order to over come it. <em>And, also, the planning could be individual based or group based (Community type of planning).</em>
Answer:
a. Suppose a firm's total assets turnover ratio falls from 1.0 to 0.9, but at the same time its profit margin rises from 9% to 10% and its debt decreases from 60% of total assets to 40%. Under these conditions, the ROE will increase.
Explanation:
Asset turnover ratio of a firm is sales divided by total assets. If this ratio falls the revenue of the firm has declined, but since the profit margin has increased means company has made efforts to cut down its expenses and cost. If the debt has decreased then its equity portion will increase resulting in ROE to increase.
Answer:
$73,000
Explanation:
The computation of the direct material cost is shown below:
As we know that
Direct material cost is
= Opening balance of raw material + purchase made - ending balance of raw material
= $37,000 + $71,000 - $35,000
= $73,000
We simply applied the above formula
Hence, the correct option is third i.e. $73,000
