Some firms, such as Goldman Sachs and Morgan Stanley, who were highly exposed to mortgage-backed securities, became Bank holding companies & commercial to qualify for emergency loans.
A bank holding company is a legal entity that owns a controlling interest in one or more banks but does not itself provide banking services. A holding company does not carry out the day-to-day operations of the owning bank. However, they control management and company policy.
A bank holding company is a company that controls one or more banks but does not necessarily conduct banking itself. Composite Bancorp is also commonly used by these companies.
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Answer: No impact on Net Cash from operations.
Explanation:
There are three main sections in the cash flows statement and these are the operating activities which includes the cash transactions which has an effect on the net income; the investing activites which are the cash transactions that has to do with non-current assets and the financing activities which are the cash transactions that involves the non current liabilities and equity.
It should be noted that the purchase of the long-term assets is an investing activities. Therefore, the item will be recorded in the Investing activities in the cash flow statement.
There will be a reduction in cash while there'll be an increase in the fixed. The income statement is also affected due to the fact that there will be an increase in the depreciation expense that's recorded.
Therefore, there'll be no impact on the net cash from operations.
The answer is the 3rd one.
My explanation would be that the other reasons listed are for personal use such as friends birthdays, music, and a new clock, but the third answer is listing things appropriate for a business.
Hope I helped !
Answer:
B.
Explanation:
The production possibilities curve shows the trade off, where the more of them of one item toy choose to produce means a corresponding decrease in the other item.
The curve represents the maximum productivity of two different items.
The curve also shows that the trade off may not be a 1 to 1 ratio. At each end, it only takes a small diversion of resources to produce a large quantity of the other item.
All points in the curve are possible and equally efficient in production. The points outside of the curve are impossible with own production. The points inside the curve are inefficient.
