Answer:
conduits
Explanation:
A mortgage-backed security is one in which is similar to bonds but that usually consists of home loans ought from banks that issued them. It is a type asset-backed security which can be sold through brokers.
investment in mortgage-backed assets means the investor is lending out his money to people that intend to get a home.
A mortgage-backed security can be bought directly from banks or through brokers. These brokers are also called conduits.
Cheers
Answer:
Decrease tax expense by $1,275 million
Explanation:
Changes in deferred tax asset account inversely affects tax expense. Changes in the deferred tax liability account, directly affects tax expense.
The increase in deferred tax assets and decrease in deferred tax liabilities both decrease tax expense for the year
= $939 + $336 million
= $1275 million
Therefore, These balance-sheet changes will affect tax expense on the income statement for the year by Decreasing the tax expense by $1,275 million.
Answer: it's the management of the countries revenue
Explanation:
Hello the answer ACCUMULATES THE EFFECTS OF JOURNALISED TRANSACTIONS IN THE INDIVIDUAL LEDGER ACCOUNTS
