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Rama09 [41]
2 years ago
7

Daniel owns his own computer repair shop. Business has not been good, so Daniel's credit limit has been exhausted, and he needs

a short-term loan to help him stay in business. Which institution, known as the lender of last resort, would Daniel most likely turn to for a loan
Business
1 answer:
Nikolay [14]2 years ago
7 0

The institution that is called the lender of the last resort is the finance company.

The following information should be relevant:

  • Daniel should be converted into a finance company where the business provides short-term loans at high-interest rate as compared to the banks.
  • Due to the high-interest rate,  the financial companies should be treated as the lender of last resort for an individual & the businesses where the credit limit could be exhausted having poor credit ratings.

So, the rest of the options are incorrect.

Therefore we can conclude that the institution that is called the lender of the last resort is the finance company.

Learn more about the credit limit here: brainly.com/question/8243881

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A service contract for a video projection system costs $195 a year. you expect to use the system for four years. instead of buyi
aleksklad [387]

Answer:

The future value of an annuity (FVA) is $828.06

Explanation:

The future value of an annuity (FVA) is the value of payments at a specific date in the future based on the payments being recurring and assuming a discount rate. The future value of an annuity (FVA) is based on regular cash flow. The higher the discount rate, the greater the annuity's future value.

FVA= P * \frac{(1+r)^n-1}{r}

Where:

FVA is The future value of an annuity (FVA)

P is payment per period

n is the number of period

r is the discount rate

Given that:

P = $195

r = 4% = 0.04

n = 4 years

FVA= P * \frac{(1+r)^n-1}{r}

substituting values

FVA= 195 * \frac{(1+0.04)^4-1}{0.04}=195*4.246=828.06\\FVA=824.06

The future value of an annuity (FVA) is $828.06

4 0
3 years ago
Read 2 more answers
You’ve been called in to consult with a small startup company that needs advice on how to set up its computer systems and networ
Ilia_Sergeevich [38]

Answer:

focus on a client-server model

Explanation:

In this scenario, the best advice that can be given would be to focus on a client-server model. Since almost all of the applications that will be used by the employees are server-based it would be best to focus on only implementing the minimum necessary hardware for the 30 employees. So much so that they are able to access the server correctly but without adding excessive hardware power that would simply be overkill. Since the company already has all the necessary LAN switches it would be fairly simple to connect all of these machines together and 50 Mbps is more than enough for data transfer.

7 0
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Budgeting - The Production Budget (2pts): Spanasonic Co. manufactures batteries for electric vehicles. Management reports ending
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Production budgets are used by manufacturers to determine the quantity of product units that will be produced. Based on the predicted sales, the production budget is chosen.

Regarding projected inventory levels, it is modified in accordance with the company's inventory policy. A manufacturer creates cost budgets for the direct materials, direct labour, and overhead expenses needed for manufacturing based on the production budget.

The company's inventory policy should be kept in mind while creating a production budget. The production budget is built on the sales budget, with changes made for starting and ending inventories.

The company's inventory management strategy affects the production budget as well. Depending on the company's strategic outlook, inventories may be increased or decreased.

For the given question, the production budget is prepared and attached in the form of an image.

Learn more about Production Budget here: brainly.com/question/13061264

#SPJ4

4 0
1 year ago
Which statement about ethnocentrism is most accurate?
Alexus [3.1K]

Answer:

<em> Ethnocentrism causes us to judge others by our own values. </em>

<em> Ethnocentrism causes us to judge others by our own values. Ethnocentrism is the belief in the superiority of one's own culture. This belief is a natural attitude found in all cultures, and it causes us to judge others by our values</em>.

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Fill in the blank: The goal of a commerce ad is to increase _____. engagement sales views lead generation
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Answer:

Sales

Explanation:

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