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antiseptic1488 [7]
2 years ago
11

What are some examples of financial institutions that people use to manage their money. Please give at least 2 examples describi

ng them in two complete sentences.
Business
2 answers:
matrenka [14]2 years ago
8 0

Answer:

<h3>Here we take a look at these, from central banks to neighborhood banks and everything in between.</h3>

Explanation:

Central Banks.

Savings and Loan Associations.

Credit Unions.

miss Akunina [59]2 years ago
3 0

Savings Associations and Commercial banks are examples of financial institutions that people use to manage their money.

<h3>What is financial institutions?</h3>

Basically, a financial institution are licensed to manage people's deposit or investment.

In conclusion, various savings Associations and Commercial banks are examples of financial institutions that people use to manage their money.

Read more about financial institutions

<em>brainly.com/question/13442420</em>

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A corporation has 50,000 shares of $25 par stock outstanding. If the corporation issues a 3-for-1 stock split, the number of sha
slava [35]

Answer:

Option C

Number of shares outstanding after split = 150,000 units

Explanation:

<em>A stock split occurs where a company creates additional shares in units such the total nominal value of the outstanding shares remains the same. With a stock split, the total outstanding shares increases without a change in the total nominal value while the nominal value per share reduces.</em>

Total shares before the split = 50,000

Total outstanding shares after split

= 50,000 × 3 = 150,000

Number of shares outstanding after split = 150,000 units

5 0
3 years ago
Suppose the government decides that every family should own its own home. To bring this about, the government decides to subsidi
Kryger [21]

Answer:

The correct answer is option d.

Explanation:

If the government provides subsidies to home construction company it will reduce their cost of producing homes. So at the earlier cost, they will be able to provide more homes. This will cause the supply of homes to increase. This will cause a rightward shift in the supply curve.

At each price, the number of homes supplied by the companies will increase.

8 0
3 years ago
Santana Rey, owner of Business Solutions, realizes that she needs to begin accounting for bad debts expense. Assume that Busines
Anastasy [175]

Answer:

The Journal entries are as follows:

(a)

Bad Debt Expense A/c      Dr. $440

To Allowance for Doubtful Accounts     $440

(To record the bad debts)

Workings:

Bad Debt Expense = 1% of Total revenue

                                 = 0.01 × $44,000

                                 = $440

(b)

Bad Debt Expense A/c      Dr. $439.34

To Allowance for Doubtful Accounts     $439.34

(To record the bad debts)

Workings:

Bad Debt Expense = 2% of accounts receivable

                                 = 0.02 × $21,967

                                 = $439.34

4 0
3 years ago
A prospective buyer is interested in purchasing a vacant lot in a rural subdivision. The buyer wishes to know about sewer assess
yanalaym [24]

Answer:

Real Estate Law Commissioner

Explanation:

Based on the information in the question it can be said that the source that provides all of this information is the Real Estate Law Commissioner. Other than creating and enforcing real estate law, the commissioner acts as the source that provides all of the information being requested in the question including sewer assessments, liens, utilities to the lot, blanket encumbrances and street maintenance.

If you have any more questions feel free to ask away at Brainly.

4 0
2 years ago
Fixed costs ________. Group of answer choices are the sum of the overhead and variable costs for any given level of production r
Sveta_85 [38]

Answer:

are costs that do not vary with production or sales level

Explanation:

Fixed cost can as well be regarded as overhead cost they are expenses in the company that does not depends on the change in the amount of goods and services produced in the company. They are time- related cost such as

salaries, property taxes, interest as well as insurance. It should be noted that fixed costs are costs that do not vary with production or sales level

8 0
2 years ago
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