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3 years ago

One important way in which banks make economic growth possible is by

Business

1 answer:

Gelneren [198K]3 years ago

6 0

Answer:

c). Lending money to business startups.

Explanation:

Banks receive deposits from customers, retains a small fraction, and loan out the big proposition to other customers. This way, banks pull together resources for businesses and households to borrow for consumption and expansion. Therefore, banks are intermediaries for the supply and demand for credit.

Banks help in economic development by availing capital for start-ups and growth through loans. They use customers' deposits to create credit facilities for businesses.

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The funds provided by common stockholders that consist of common stock, paid-in capital and retained earnings are referred to as

Gnesinka [82]

Answer:

e. net worth.

Explanation:

According to my research on different financial assets held by firms, I can say that based on the information provided within the question these are all referred to as the firm's net cash. This is also known as the Common Stockholders' Equity which is formally defined as the company's share capital and retained earnings minus its treasury stock.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

4 0

4 years ago

Sanders, a 62-year-old single individual, sold his principal residence for the net amount of $500,000 after all selling expenses

grin007 [14]

Answer:

$50,000

Explanation:

Recognized gain can be calculated by deducting the exclusion available from the realized gain. To qualify for exclusion from the realized gain Sanders has met all the requirements of exclusion.

NOTE: Requirments for exclusion are given at the end of solution

DATA

Sale proceeds = $500,000

Cost basis = $200,000

exclusion available for single person = $250,000

Gain =?

Calculation

Realized gain on sale of home = Sale proceeds – Cost basis

Realized gain on sale of home = $500,000 - $200,000

Realized gain on sale of home = $300,000

Recognized gain = Realized gain - exclusion available

Recognized gain = $300,000 - $250,000

Recognized gain = $50,000

Requirements for exclusion

1. You've owned the home for two of the last five years.

2. You used the home as your principal residence for two of the last five years.

3. You haven't used the exclusion on another property sale within the last two years.

5 0

3 years ago

Quantitative Problem: Jenna is a single taxpayer. During 2018, she earned wages of $113,000. She doesn't itemize deductions, so

noname [10]

Solution :

<u>Item </u> <u>Amount</u>

Income $113,000

Personal exemption for one $ 4,050

Standard deduction $ 6,350

Taxable income $102,600

Therefore the taxable income is $102,600.

Now the tax payable on the taxable income is given by :

<u>Marginal tax rate </u> <u> Amount brackets</u>

10% $0 - $ 9,325

15% $ 9,326 - $ 37,950

25% $ 37,951 -$ 91,900

28% $ 91,901 - $ 191,650

Now according to the above taxable slab, the amount of tax on the wages earned by Jenna is :

Tax payable = $= (0.1 \times 9325)+(0.15 \times (37950 - 9325))+(0.25 \times (91900 - 37950))+(0.28 \times (102600-91900))$ $= (0.1 \times 9325)+(0.15 \times 28625)+(0.25 \times 53950)+(0.28 \times 10700)$

= 932.5 + 4293.75 + 13487.50 + 2996

= $ 21,709.75

There is also a long term capital gain of $ 5,200 that is earned by selling the common stock.

Now as per IRS, the capital gain of a long term tax percentage for an individual single filer is in 28% tax slab category is 15%.

Therefore the tax on the capital gain of $ 5,200 is = 0.15 x 5200

= $780

Thus the total tax payable by Jenna is = $ 21,709.75 + $ 780

= $ 22,489.75

5 0

3 years ago

Pat has 4 hours to spend either studying for a test or playing a new video game. If Pat spends all of that time studying, Pat ca

Strike441 [17]

Answer:

B. 92

Explanation:

The intercept is the point at which a function met with the Y axis.

On the Y axis will be the score

On the X axis the videogames hours

At more videogames hours less score and at less videogames hours more score.

We are asked for the value of score for 0 hours of dividends:

at X = 0 then Y = 92

3 0

3 years ago

If food you are reheating for hot holding doesn’t reach 165 degrees within 2 hours what must you do?

DochEvi [55]

If food one is reheating for hot holding doesn't reach 165 degrees within 2 hours; Immediately start the reheating process over again.

<h3>Reheating for hot holding;</h3>

Keeping hot foods ready to serve to the public is simply termed “hot holding”. Hot holding stops germs from growing when food is kept at hot temperatures. This is in line with public safety guidelines and lowers the risk that someone will get sick from eating food.

However, If food you are reheating for hot-holding doesn’t reach 165 degrees within 2 hours; Then, the reheating process is inadequate and one must immediately start the reheating process over again.