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Oksanka [162]
2 years ago
9

The Dodd-Frank Wall Street Reform and Consumer Protection Act Question 11 options: was designed to make the financial services i

ndustry more responsible .
Business
1 answer:
Nostrana [21]2 years ago
3 0

There are a lot of Acts. The Dodd-Frank Wall Street Reform and Consumer Protection Act as designed to make the financial services industry more responsible is a true statement.

<h3>What is the Dodd-Frank Act? </h3>
  • This is known to be an Act to helps to improve the financial stability of the United States by promoting accountability and transparency in the financial sector.

Its aim is to protect the American taxpayer by putting a stop to bailouts, to protect consumers from abusive financial services practices, all things makes the financial system to be more responsible.

Learn more about Dodd-Frank Act from

brainly.com/question/24859719

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While setting up their corporation, ming and jie implement a system of governing their organization so that the interests of cor
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Corporate government <span />
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3 years ago
If convertible bonds were issued at a discount, when computing diluted EPS, the amortization of the bond discount: Multiple Choi
Brums [2.3K]

<u>Answer:</u> Option 1

<u>Explanation:</u>

If the convertible bonds are issued at discount then it will increase the numerator. Convertible bonds yields a fixed interest income. When the convertible bonds are issued at a discount then they can be converted into shares and discount is considered in the purchasing price of the stock.

In amortized bond the each payment goes towards the interest as well as the principle amount. Amortization reduces the credit risk as the principle is repaid on maturity or on default of the firm.

6 0
3 years ago
As new firms enter a competitive price-searcher market, profits of existing firms Group of answer choices rise and product diver
spin [16.1K]

Answer:

decline and product diversity in the market increases.

Explanation:

Competitive price searcher markets are those that have little barriers of entry for new firms.

Also the new forms are able to engage in transactions that are profitable. That is they easily take a market share.

In this scenario it will result in greater diversity of products as many firms can now produce goods that will be profitable in the market.

Also it will lead to a decrease in profit of existing firms as the new firm gets some of the market share

6 0
2 years ago
The company's bank reconciliation at June 30 included interest earned in the amount of $150. Complete the necessary journal entr
ehidna [41]

Answer:

Given that,

Company's bank reconciliation at June 30 included interest earned = $150

So, it must be cash must be debited and interest revenue must be credited in the accounts.

Therefore, the journal entry is as follows:

Cash A/c Dr. $150

     To Interest revenue   $150

(To record the interest revenue earned)

7 0
3 years ago
At many amusement parks, customers who enter the park after 4 p.m. receive a steep discount on the price they pay. This is a typ
Roman55 [17]

Answer:

The answer is b) people who have a more inelastic demand for amusement parks.

Explanation:

For this price discrimination strategy, amusement parks are aiming at people who are more willing to come to the amusement park to spend more hours at the park and does not care about entry price as much as other people who are not normally willing to visit the park; instead, may be take a try for one or two hours at the end of the day at deep discounted price.

So, high price will be charged to people less care about entry price, in other works their demand for the amusement parks is relatively more inelastic to other people.

Thus, b is the right choice.

8 0
3 years ago
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