1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alisiya [41]
3 years ago
7

“The needs of a society conflict with the goals of the financial services industry’s desire to make a profit.” Do you agree or d

isagree?
Business
1 answer:
poizon [28]3 years ago
3 0

Answer:

I do not agree that "the needs of a society conflict with the goals of the financial services industry's desire to make a profit", but on the contrary, I consider that the economic objectives of the financial system contribute to the well-being of the individuals that make up society, with which they satisfy the needs of this in an indirect way.

I believe this because the financial system, through its will to profit, creates jobs and economic opportunities for individuals, who would otherwise be forced to meet their needs without the help of a system designed to profit as a result of work done (such as communism).

You might be interested in
Examine the relationship between total spending by government and consumers in a nation and the location of the countries gdp on
Vanyuwa [196]

Answer and Explanation:

  • Consumer as well as government overall expenditure seems to be a significant determinant of economic growth during a market. Unless the overall spending increases, the demand changes positively.
  • Hence, just before the total individual and corporate expenditure in something like a firm increases, it demonstrates that perhaps the country's affairs cycle is going to expand, and then when total expenditure drops significantly, it illustrates that the financial sector's business period is going via compression.

So that it is the right answer.

5 0
3 years ago
After carefully going over your budget, you have determined you can afford to pay $632 per month toward a new sports car. You ca
ZanzabumX [31]

Answer:

I can borrow $24,000

Explanation:

A fix Payment for a specified period of time is called annuity. The discounting of these payment on a specified rate is known as present value of annuity.

The amount of loan can be calculated as follow

PV of annuity = P x [ ( 1- ( 1+ r )^-n ) / r ]

Amount of Loan = $632 x [ ( 1- ( 1 + 1% )^-48 ) / 1% ]

Amount of Loan = $632 x [ ( 1- ( 1.01 )^-48 ) / 0.01 ]

Amount of Loan = $24,000

r = 7.17%

Interest rate is 7.17%

4 0
3 years ago
You decide to open a bookstore with a wide selection, comfortable seating, and an internal coffee shop because it has worked ver
amid [387]
Yes because you aren’t doing anything special with your bookstore since it is the same as others
5 0
3 years ago
During March, the production department of a process operations system completed and transferred to finished goods 25,000 units
never [62]

Answer:

$2.10

Explanation:

The computation of the cost per equivalent unit for direct material is shown below:

= (Direct material cost + Beginning inventory cost) ÷ (equivalent units for the materials)

where,

Equivalent units would be

= Completed and transferred units + beginning work in progress units + additional units

= 25,000 + 110,000 + 30,000

= 165,000 units

And, all the other things would remain the same

= ($253,000 + $93,500) ÷ (165,000 units)

= $2.10

Since all the units are completed with 100% and we consider it same

7 0
3 years ago
Job order production is also known as: Select one: a. Mass production. b. Process production. c. Unit production. d. Customized
lidiya [134]

Answer:

Option (D) is the right answer.

Explanation:

According to the question, customized production is the most appropriate answer because job order production refers to the manufacturing process which is unique & customized according to the customer's needs.

While the other options are wrong because of the following reasons:

  • Mass production can be described as a large number of production for the same product.
  • Process production can be defined as the production which takes place through a similar process for all the products.
  • Unit production can be defined as the number of production of the items.
  • Standard costing can be defined as the costing which occurs on the production of the product.

Hence the most appropriate answer is option (D).

8 0
3 years ago
Other questions:
  • The preemptive right gives current stockholders the right to purchase, on a pro rata basis, any new shares issued by the firm. T
    7·1 answer
  • What type of supply chain configuration is most appropriate if your organization needs to minimize inbound transportation costs,
    5·1 answer
  • The Constitution sets out the authority and the limits of the branches of the government.
    10·1 answer
  • What is the purpose of the truth in lending act?
    12·2 answers
  • A certain production process requires only two types of inputs — capital and labor. In 2006, 100 units of labor and 50 units of
    5·1 answer
  • Accruals recorded in the Salaries and Wages Expense and Salaries and Wages Payable columns of the balance sheet and income state
    13·1 answer
  • Select the type of business that is most likely to obtain large amounts of resources by issuing stock. a. government entity b. p
    10·1 answer
  • Wilde Software Development has a 12% unlevered cost of equity. Wilde forecasts the following interest expenses, which are expect
    5·1 answer
  • What is the distinction between debtor and creditor?<br>​
    5·2 answers
  • Approximately what percentage of a reduction in errors did international air transport association have when thier employees wor
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!