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Eduardwww [97]
3 years ago
10

The main pupose of an investment institution is to A. Allow customers to deposit money into accounts at no charge B. Use deposit

ed money to purchase stocks and bonds in order to make a profit C. Provide guranteed payments to depositors under specific conditions D Hold deposits in accounts and use that money to offer loans.
Business
1 answer:
Leya [2.2K]3 years ago
3 0

Answer:

The answer is "Option D".

Explanation:

Credit unions or financial institutions, among many others, have depository institutions. It provides customers with a reliable, stable but easy way of saving money or residences and businesses credits. The bank provides interest rates on deposits and uses that money to lend at rising interest rates.

Its main source of income for depositary entities is interest from loans. They build consumer deposits and facilitate economic development in households and businesses.

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Tawney Company is considering investing in a new piece of equipment that costs $700,000 and has a $200,000 residual value. The n
timama [110]

Answer:

average amount invested in the asset =  $450,000

Explanation:

given data

equipment costs = $700,000

residual value = $200,000

cost savings = $60,000

to find out

average amount invested in the asset

solution

we get here Average amount invested  that is express as

average amount invested in the asset = ( Amount invested + Residual value) ÷  2     ........................1

put here value we get

average amount invested in the asset = \frac{$700000+$200000}{2}

average amount invested in the asset =  $450,000

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4 years ago
Some companies positively harness the power of rumors to multiple choice instill false confidence in investors. replace formal c
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Some companies positively harness the power of rumors to create buzz about a new product launch. Option C. This is further explained below.

<h3>What are rumors?</h3>

Generally, rumor is simply defined as a tale or report that is now doing the rounds but whose veracity is questionable.

In conclusion,  In certain cases, corporations use the power of rumors to promote a new product introduction.

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2 years ago
A renter decides to leave a rental property and break their rental agreement. What will happen? A. The renter can be arrested fo
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. The landlord can sue the renter
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3 years ago
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Which of the following refers to the balance an account is always supposed to have?
kirza4 [7]

Answer:

Normal balance

Explanation:

Accounts are expected to have either debit or credit balance, depending on their classification. The accounting equation of Assets is equal to equity plus liabilities is the basis for account classification.  Assets accounts are on one side, while accounts relating to equity and liabilities are on the other.

Accounts have normal balances if the balances at the end of a period are as expected. Assets accounts are expected to have debit balances, while equity and liabilities accounts should have credit balances.

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3 years ago
Sharon realizes that she needs additional research before she approaches potential investors. What kind of research should she d
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She needs to calculate how much her item costs to make. She might also need to know her revenue 
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