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3 years ago

The shadow banking system refers to:______.

Business

1 answer:

guapka [62]3 years ago

6 0

Answer:

b. Non-bank financial firms that acted as banks by borrowing and lending in an effort to make a profit.

Explanation:

A shadow banking system can be described as a group of non-bank financial intermediaries that render services that are similar to the services that normal commercial banks render but the members of the group are not subject to normal banking regulations.

In addition, a shadow baking system can also be described as unregulated services rendered by regulated institutions.

Structured investment vehicles (SIVs), limited-purpose finance companies (LPFCs), asset-backed commercial paper (ABCP) conduits, and among others are examples of shadow banks.

Based on this explanation, the correct option is b. Non-bank financial firms that acted as banks by borrowing and lending in an effort to make a profit.

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Max has a written agency agreement with Rufus in which Max will receive all of the listings in the subdivision that Rufus purcha

disa [49]

Answer: It's still in place because it doesn't terminate on the death or incompetence of the principal.

Explanation:

Agreement that exists between people are usually standing so long both parties are still alive, in most cases, the agreement may still stand with the death of one party, depending on what was written or agreed upon by both parties. The agreement between Maxwell and Rufus is still in place because it doesn't terminate on the death or incompetence of the principal.

The agreement would even stand even if one of the party ain't alive anymore.

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3 years ago

In emerging industries _________. a. product-differentiation efforts are focused on product refinement as a basis of product dif

Ilya [14]

Answer:

The correct answer is (B)

Explanation:

Companies which are first movers generally take a competitive advantage over other companies based on experience, technology and first-mover advantage. First movers usually control the market and that makes it hard for other companies to enter the market. Perceived technology helps such companies to gain more customers and their trust which leads them to take the maximum market share possible.

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3 years ago

Prompt<br> What are equity investments ?

bulgar [2K]

Answer:

In finance, equity is the ownership of assets that may have debts or other liabilities attached to them. Equity is measured for accounting purposes by subtracting liabilities from the value of the assets.

Explanation:

got 100%

7 0

3 years ago

xyz's corporation has an investment in 20,000 shares of wallace company common stock with a cost of $872,000. these shares are u

Flura [38]

Answer:

XYZ's Corporation

The net effect of this property dividend on retained earnings is a reduction of:

= $388,000.

Explanation:

a) Data and Calculations:

Cost of investment in Wallace Company = $872,000

Property dividend declaration date = May 25

Property dividend distribution date = July 31

Property dividend date of record = June 15

Fair value per share of Wallace shares:

May 25 = $63

June 15 = $66

July 31 = $68

Amount of property dividend declared = $1,260,000 ($63 * 20,000)

Analysis of entries:

May 25:

Property dividend $872,000 Loss on Distribution $388,000 Property Dividend Payable $1,260,000

July 31:

Property Dividend Payable $1,260,000 Cash $1,260,000

5 0

3 years ago

At the beginning of the year, Rangle Company expected to incur $54,000 of overhead costs in producing 6,000 units of product. Th

Stells [14]

Answer:

$35,400

Explanation:

The total cost is the sum of the direct and indirect costs. The direct cost is made up of the direct material and direct labour costs. The indirect cost or overheads is a cost to be apportioned based on the estimated total for the year and the units produced during the period

Total direct cost for January = 600 ($20 + $30)

= $30,000

Total indirect cost for January = 600/6000 * $54,000

= $5,400

The total cost of the units made in January was

= $30,000 + $5,400

= $35,400

7 0

4 years ago