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
Step2247 [10]
3 years ago
10

Define investment bank.​

Business
1 answer:
mezya [45]3 years ago
7 0

Answer:

Investment banks are middlemen between those with money and those with ideas who need funding. They give money a productive purpose by channelling into projects.. it's a financial service of company or corporate division that engages in advisory-based financial transactions on behalf of individuals, corporations and governments

You might be interested in
Problem 5.3 Your birthday is coming up and instead of other presents, your parents promised to give you $2,600 in cash. Since yo
Papessa [141]

Answer:

Ans. The value of investment after 2 years is $3,155.51

Explanation:

Hi, first we need toconvert that 9.80 percent, compounded quarterly into an effective quarterly rate, that is just by dividing by 4, since there are 4 quarters in a year, that is:

r(effective quarterly)= 9.8%/4 =2.45%

Now, since the rate is effective quarterly, the periods (time of the invesmet) has to be in quarters, so we multiply 2 years by 4 and we get 8 quarters.

With all the above information, we can go ahead and use the following formula in order to find the future value of this investment.

FutureValue=PresentValue*(1+r)^{n}

It should all look like this.

FutureValue=2,600*(1+0.0245)^{8}=3,155.51

So, the future value of this investment is $3,155.51

Best of luck.

8 0
3 years ago
The following costs were incurred in May:
galben [10]

Answer:

the conversion cost is $58,200

Explanation:

The computation of the conversion cost is shown below:

The conversion cost is

= Direct Labor + Manufacturing Overhead

= $32,800 + $25,400

= $58,200

Hence, the conversion cost is $58,200

It is the combination of the direct labor and the manfacturing overhead

6 0
2 years ago
A personal balance sheet reports your income and expenses.
Novay_Z [31]
To answer the question above if a personal balance sheet is a report to your income and expenses. the answer is letter A, True. Balance sheet as a whole is a statement of the assets and liabilities, it details the income and expenditure over a preceding period of time.
4 0
2 years ago
A company has developed a new cell phone which will be targeted to developing countries. It is estimated that the demand for the
Arturiano [62]

Answer:

Demand forecast.

Demand forecast is the process a business embarks on so that it can predict its future sales and demand of a product.

Explanation:

A demand forecast will assist the company to come up with decisions as regards the number and nature of people they need. The demand forecast will also help to determine the amount of workers they need for staffing a new facility so that it can operate efficiently and at it optimum.

4 0
3 years ago
Read 2 more answers
URGENT PLEASE!! I'LL MAKE YOU BRAINLIST AND 90 POINTS!!!! ECONOMICS
marishachu [46]

LeBron James would have the absolute advantage in mowing the lawn. This is because he can get in done in two hours rather than the four hours it would take Neighbor Scotty to do it. However, he would have a much higher opportunity cost, which is why Neighbor Scotty has the comparative advantage. He may not be able to mow the lawn as quickly as Lebron, but he can do it with a lowe opportunity cost.

6 0
3 years ago
Other questions:
  • If an issuer sells bonds at a premium: Multiple Choice The carrying value increases from the par value to the issue price over t
    10·1 answer
  • With the ___________ inventory control system, producers hold only the amount of materials and parts that they need for a short
    13·1 answer
  • In bst, modeling will have the greatest influence if it occurs​:
    8·1 answer
  • Twenty-two-year-old Chad has just graduated from college. He wants to buy a new car to celebrate. He expects to be able to make
    9·1 answer
  • What is the ability of an organization to tailor its products or services to the customer's specifications?
    5·1 answer
  • The perfectly price-discriminating monopolist is like the __________ in this regard.
    12·1 answer
  • An employer instituted a wellness program for all employees. The wellness program includes an exercise facility and several pay
    8·1 answer
  • he table gives the demand and supply schedules for boat rides. If the demand of boat rides increases by 40 rides a​ day, the pri
    10·1 answer
  • The member countries of BERPHO, a regional free trade area wanted to adopt a common currency, the "BERPH." The "BERPH" was model
    6·1 answer
  • The University could continue to use the present bus for the next seven years. Whether the present bus is used or a new bus is p
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!