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Juliette [100K]
2 years ago
15

2. Financial institutions are heavily regulated by the government. All EXCEPT one of the following DO NOT supervise financial in

stitutions:
a. Federal Reserve Bank
b. Comptroller of the Currency
c. Federal Deposit Insurance Corporation (FDIC)
d. Securities and Exchange Commission
Business
1 answer:
Archy [21]2 years ago
3 0

The main function of Securities and Exchange Commission is to regulate security market(capital market, money market etc.). They do this so as to protect investors' fund. They do not regulate financial institutions.

Federal Deposit Insurance Corporation (FDIC) makes sure customers' deposit in all financial institutions are not at risk. FDIC makes sure financial institutions comply with lay down rule.

Federal Reserve Bank and Comptroller of the Currency supervise financial institutions in their own capacity.

The answer to the question is therefore, d. Securities and Exchange Commission

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Builtrite's upper management has been comparing their books to industry standards and came up with the following question: Why i
Vesna [10]

Answer:

Builtrite has higher than average operating expenses

Explanation:

Subtracting cost of goods sold from net sales will give you gross profit. The reason of high gross profit could be company is able to sell its products at a higher price or it is able to keep its cost of goods sold at a lower level than industry standards.

A higher-than-industry-average gross profit margin increases your chances of generating a net profit provided that you are able to keep your expenses within industry average levels.

Operating profit is the pre-tax profit or in other words it is calculated by subtracting operating expenses from the gross profit. Operating profit margin is equal to operating income divided by the total revenue. A lower operating margin despite of having higher gross profit is because the company is not able to control its operating expenses or in other words they are incurring higher operating expenses as compare to industry.

4 0
3 years ago
Suppose there are only two producers of aircraft in the world, AirCraft in the United States and AirEurope in the European Union
Jlenok [28]

Answer:

1. AirEurope should produce if it wants to maximize its profit.

2.  False

Explanation:

New payoffs after subsidy:

Aircraft/ AirEurope               Produce     Not Produce

Produce                                 -3 , <u>6</u>              75 , 0

Not Produce                          0 , 74              0 , 0

With a $9 million subsidy, regardless of whether Aircraft produces or not, AirEurope should<u> produce</u> if it wants to maximize its profit.

The statement is false (Aircraft would earn a negative payoff if it enters).

8 0
3 years ago
If the annual net income from a commercial property is $22,000, and the capitalization rate is 8%, what is the value of the prop
Evgesh-ka [11]

Answer: $275,000

Explanation:

Given that,

Annual net income = $22,000

Capitalization rate = 8%

Value of the property = ?

Capitalization rate = \frac{Net\ operating\ income}{Current\ property\ value}

                        8% = \frac{22,000}{Current\ property\ value}

Value of the property = \frac{22,000\times100}{8}

                                    = $275,000

8 0
3 years ago
Select the items below that describe specific kinds of producers
Sunny_sXe [5.5K]
2 everything is technically about technology
8 0
3 years ago
A professional does specialized work that’s primarily a. Degree based B. Medical or legal C. Well paying D. Intellectual and cre
worty [1.4K]

A professional does specialized work that’s primarily A. Degree based. When referring to a job that requires a degree, it is usually classified as a professional job. When you are a professional you are connected to a profession based on your skill sets and engagement in your career. Most of the jobs that are of white-collar level require a degree to be achieved.

4 0
3 years ago
Read 2 more answers
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