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Semenov [28]
3 years ago
8

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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For the current year, Klay Corporation reports the following information:
DerKrebs [107]

Answer:

The company’s cash flows from operating activities was a cash inflow of $5,000

Explanation:

Cash at the end of the year = Cash at the beginning of the year + Net cash inflows from investing activities + Net cash inflows from financing activities + Net cash inflows from operating activities

Therefore,

Net cash inflows from operating activities = Cash at the beginning of the year + Net cash inflows from investing activities + Net cash inflows from financing activities - Cash at the end of the year = $340,000 + $40,000 + $45,000 - $420,000 = $5,000 >0

The company’s cash flows from operating activities was a cash inflow of $5,000

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3 years ago
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On January 1, 2019, Sheffield Corp. had the following stockholders' equity accounts. Common Stock ($12 par value, 81,300 shares
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Answer:

In attachment.

Explanation:

In attachment.

Download docx
6 0
3 years ago
B. At one time, the centrally planned economy of China encouraged farmers to produce
gladu [14]

Answer:

At one time, the centrally planned economy of China encouraged farmers to produce  iron in their backyards, rather than have factories make iron. This proved unsuccessful,  since most of the farmers' iron was of poor quality. Why do you think this approach was  unsuccessful? How could this experiment become a success in a free market economy?

The reason why the approach whereby farmers make iron in their backyard could not work out is as a result of not being inclined in that market as they are only skilled in agriculture, also they do not understand the rhetorics of the business.

The experiment would be a success in a free market as anyone is allowed to sell such product, this gives room for competition and helps to price reduction which is good for the consumers, also it would help in improvement of such product's quality because of competition involved

Explanation:

3 0
3 years ago
Jerry is a student and is currently on a summer job. He hopes to save $2,000 for his short-, medium and long-term goals. Which o
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Answer:

OD

allocating funds for buying a new laptop

Explanation:

or A

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2 years ago
Varying states of awareness are best monitored using ____, which provides an overall measure of brain activity.
svetoff [14.1K]
The answer is <span> electroencephalogram (ECG).</span>
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3 years ago
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