________ include banks, credit companies, insurance companies, and other businesses that help insure against the risks associated with the buying and selling of goods.
Answers
Financial intermediaries include banks, credit companies, insurance companies, and other businesses that help insure against the risks associated with the buying and selling of goods.
Financial intermediaries play a crucial role in the economy by facilitating the flow of funds between different parties. They act as intermediaries between savers and borrowers, helping to channel funds from those who have surplus funds to those who need them for various purposes, such as investment or consumption.
Banks accept deposits from individuals and businesses and provide loans and credit to borrowers. Credit companies offer financing options to consumers for purchasing goods and services. Insurance companies provide coverage against potential risks, such as property damage, liability, or loss of life or income. These intermediaries help individuals and businesses manage financial risks and protect against unforeseen events.
Overall, financial intermediaries contribute to the stability and efficiency of financial markets, providing essential services that support economic growth and development.
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Related Questions
Working for profit is rewarded and encouraged in soviet russia.a. Trueb. False
Answers
The statement 'working for profit is rewarded and encouraged in Soviet Russia' is true as labor should benefit.
In Soviet Russia, working for profit is not only rewarded but actively encouraged.
This is because the Soviet government believed that productive labor should be rewarded and that individuals should be able to benefit from their own efforts.
This encouraged people to work hard, as they knew that their efforts would be rewarded.
This was a stark contrast to other communist countries, where profit was seen as something to be discouraged. By promoting incentive through profit, the Soviet Union was able to create a society of hardworking citizens.
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companies often make potential employees complete applications, interviews, background checks, and many other processes prior to hiring them. the eeoc considers all of these processes to be
Answers
The EEOC considers the potential employees complete applications, interviews, background checks as Selection tools.
The EEOC is an acronyms for the federal agency called Equal Employment Opportunity Commission.
Basically, the HR personnel of a companies conducts various test, research and interviews for job applicant to allows the organization select the most qualified applicant for a job role.
All the procedure used by the HR personnel such as complete applications, interviews, background checks and other processes prior to hiring them are seen as Selection tools by the EEOC.
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What is the annual profit when the income is $200,000 and the expenses are
$150,000?
Answers
Consider a business with a $200,000 total revenue and $150,000 in explicit costs. Calculate the company's annual profit if the implied cost is $30,000. Thus, the company made a financial profit of his $20,000.
Annual profit is the amount of money a particular person, company or entity makes in her one year. Annual profit helps determine whether a company is making a profit or losing money. Tracking a company's or individual's annual profits over the years can also tell you if your business is growing or shrinking.
There are several ways to calculate annual profit. The main difference is usually net profit and gross profit. Net profit refers to the amount after deducting the cost of goods and other deductions.
For example, a company's net income is the total amount of money it makes, minus the cost of materials purchased, staff payments, taxes paid, and all other expenses such as rent and equipment. A person's net income is the amount of money they bring home from work after deducting all necessary income taxes.
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Bob and Tom live in a university dorm. Bob values playing load music at a value of $100. Tom values people and quiet at a value of $150. Which of the following statements is true?
a. It is efficient for Bob to continue to play loud music
b. It is efficient for Bob to stop playing loud music only if Tom as the property right to peace and quiet.
c. It is efficient for Bob to stop playing loud music only if Bob has the property right to play loud music.
d. It is efficient for Bob to stop playing loud musical regardless of who has the property right to the level of sound.
Answers
When other people prevent someone from intervening in an emergency, standing up to a bully, or participating in an assault or other crime because they are present, this is known as the Bystander effect. The greater the number of onlookers, the less probable it is that any of them will intervene to help someone in need. People are more inclined to act in a crisis if there are few or no other witnesses present.
Bob values playing loud music at $100. Tom assigns calmness a $150 value. Tom will give Bob $100 in exchange for his ceasing to play loud music. Bob should only stop playing loud music if Tom has a property right to silence.
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Northland Bank currently has no excess reserves. It is holding $200,000 in reserves and $1 million in deposits. If Northland Bank purchases $500,000 in treasury bills from the Bank of Canada, the money supply will potentially change by $______
Answers
The potential change in the money supply is equal to the increase in excess reserves, which in this case is $450,000.
The money supply will potentially change by $500,000.
When Northland Bank purchases $500,000 in treasury bills from the Bank of Canada, the Bank of Canada credits Northland Bank's reserves with $500,000. This increases Northland Bank's reserves by $500,000. Since the bank has a reserve requirement of 10% (assuming a simplified reserve requirement), the required reserves would increase by $50,000 (10% of $500,000).
The excess reserves for Northland Bank would then be $500,000 - $50,000 = $450,000. These excess reserves can potentially be used to create new loans and expand the money supply through the lending process. Therefore, the potential change in the money supply is equal to the increase in excess reserves, which in this case is $450,000.
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Which of the following does a budget tracker do? Select all that apply.
A. keeps schedules flexible
B. compares the amount of money allocated with the money spent
C. shows whether extra costs in one area can be made up by lower costs in another area
D. provides a way for team members to collaborate using collaboration software
E. tracks e-mail threads related to the project
Answers
Answer:
A and D
Explanation:
which keeps you from paying a fee you if you accidentally write a check and have insufficient funds in your checking account
Answers
Overdraft protection keeps you from paying a fee you if you accidentally write a check and have insufficient funds in your checking account.
Therefore, option A. Overdraft protection, is the correct answer.
An optional bank account feature called overdraft protection stops charges from being declined when they exceed the available cash. When a bank account does not have enough funds to support a payment, an NSF fee, also known as a non-sufficient funds fee, is charged.
Overdraft protection ?Your bank offers overdraft protection as a service to ensure that your transactions are covered even if there are insufficient funds in your checking account.
The bank will immediately transfer whatever monies you have available in another connected account to the overdrawn account.
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The free-rider problem arises when an individual ____________. A. does not pay for a good because that individual is engaging in illegal activity. B. pays for a good only when being monitored by the authorities for noncompliance. C. does not pay for a good because nonpayment does not prevent consumption. D. pays for a good only when he or she is in the top quartile of people needing the good.
Answers
The free-rider problem arises when an individual [C] does not pay for a good because nonpayment does not prevent consumption.
the magnitude of operating leverage for perkins corporation is 4.5 when sales are $100,000. if sales increase to $110,000, profits would be expected to increase by what percent? a. 4.5% b.14.5% c.45% d.10%
Answers
It would be anticipated that the profit would rise by 45%. The appropriate response to the given question is option (c).
What is Operating Leverage?The percentage of a company's cost structure that is made up of fixed expenses as opposed to variable costs is measured by operating leverage. A corporation is said to have more operating leverage if its fixed expenses are higher than its variable costs.
Magnitude of operating leverage= 4.5
Old sales= $100000
New sales= $110000
Percentage increase in sales:
(New-old)/old = (110,000-100,000)/100,000
= 10%
Consequently, a percentage rise in profit might be anticipated:
sales percentage growth times the degree of operational leverage
= 10% * 4.5
= 45%
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During test Marketing, the potential elements of the marketing mix that may be used include: 2 of them
Answers
During test marketing, possible components of the marketing mix that may be used include product, price, promotion, and place. Here option A is the correct answer.
Product refers to the physical product or service being offered, including its design, features, and quality. Price refers to the amount that customers are charged for the product or service.
Promotion refers to the various methods used to communicate and advertise the product or service, such as advertising, sales promotions, and public relations. Place refers to the distribution channels used to get the product or service to the customer.
It is important to note that during test marketing, these elements may be adjusted and refined based on customer feedback and market conditions. By testing different combinations of these elements, companies can determine which marketing mix is most effective for their target market and adjust accordingly.
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Complete question:
During test Marketing, the potential elements of the marketing mix that may be used include which of the following?
A) Product, Price, Promotion, and Place
B) Sales, Advertising, Public Relations, and Personal Selling
C) Branding, Packaging, Positioning, and Pricing
D) Targeting, Segmentation, Differentiation, and Positioning
What is the purpose of the code of conduct codes of practice standards of practice and policy frameworks that Organisations use?
Answers
Code of conduct, codes of practice, standards of practice, and policy frameworks are all tools used by organizations to ensure that their employees act in an ethical and professional manner.
Code of conduct provides the basis for ethical behavior, such as defining acceptable and unacceptable behavior, and establishing a set of guidelines for employees to follow.Codes of practice are documents that provide specific procedures or guidelines for employees to follow when completing a particular type of task or job. Standards of practice are documents that outline the minimum requirements for completing a specific job or task. Policy frameworks are documents that define the rules, regulations, and procedures that govern the organization’s operations.
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f carissa has a $141,000 home insured for $105,000, based on the 80 percent coinsurance provision, how much would the insurance company pay on a $7,600 claim?
Answers
The insurance company would pay $7,066.92 on a $7,600 claim.
To calculate how much the insurance company would pay on a $7,600 claim, we need to first determine if Carissa's home meets the coinsurance requirement.
The coinsurance requirement means that Carissa must insure her home for at least 80% of its replacement value, which in this case is $141,000 x 80% = $112,800.
Since Carissa's insurance coverage is $105,000, which is less than the required amount of $112,800, she is underinsured. As a result, any claim payment she receives will be subject to a coinsurance penalty.
To calculate the penalty, we need to determine Carissa's coinsurance percentage, which is the ratio of her insurance coverage to the required amount:
Coinsurance percentage = (Insurance coverage / Required amount) x 100%
= ($105,000 / $112,800) x 100%
= 93.07%
This means that Carissa's insurance coverage is only 93.07% of the required amount, so her claim payment will be reduced by the same percentage.
To calculate the amount the insurance company will pay on a $7,600 claim, we need to multiply the claim amount by Carissa's coinsurance percentage:
Insurance company payment = Claim amount x Coinsurance percentage
= $7,600 x 93.07%
= $7,066.92.
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The insurance company would pay $7,056.74 on a $7,600 claim for Carissa's underinsured home. The remaining $543.26 would be Carissa's responsibility to cover.
To calculate the amount that the insurance company would pay on a $7,600 claim for Carissa's home, we first need to determine if the current insurance coverage meets the 80 percent coinsurance provision requirement.
The 80 percent coinsurance provision means that Carissa must insure her home for at least 80 percent of its replacement cost value. In this case, Carissa's home is insured for $105,000, which is less than 80 percent of its replacement cost value of $141,000. As a result, Carissa's home is considered to be underinsured.
To determine the amount that the insurance company would pay on a $7,600 claim for Carissa's underinsured home, we need to use the following formula:
Amount of insurance carried / Amount of insurance required x Amount of loss = Payment amount
In this case, the amount of insurance carried is $105,000, the amount of insurance required is $141,000 x 0.8 = $112,800, and the amount of loss is $7,600.
Plugging in these values to the formula, we get:
$105,000 / $112,800 x $7,600 = $7,056.74
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Accountants and auditors age receivables to primarily do which task?To determine the most profitable customersTo help estimate the total amount of gross receivablesTo determine the most profitable productsTo help estimate the allowance for doubtful accounts
Answers
Accountants and auditors age receivables to primarily To help estimate the allowance for doubtful accounts. Option D.
What does it mean to age receivables?A company's accounts receivable are categorized in accounts receivable aging reports on a regular basis based on how long an invoice has been unpaid. It serves as a barometer to assess the stability and dependability of a company's clientele.
Sort the unpaid bills for a company according to the number of days outstanding in order to create an accounts receivable aging report. The amount of money your clients owe you for goods and services they've purchased is shown in this report.
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You noticed a mistake: Your own records do not match the bank statement you just received.
Which option describes the steps you should take to solve this situation? Check all that apply.
Answers
You noticed a mistake that own records do not match the bank statement you just received. The steps need to take to solve this situation are:
Check my records first to see if the mistake is mineCall the bank after making sure my records are correctWhy should our bank statement be error free?Having an error-free bank statement is crucial for several reasons. Firstly, it ensures that the financial transactions are accurately recorded and that the balances and transactions reported on the statement are correct. This is important for individuals and businesses to maintain an accurate record of their financial activities, and to identify any discrepancies or fraudulent activities.
Secondly, an error-free bank statement can help to prevent overdrafts, insufficient funds, and other financial penalties that may result from inaccurate or missing transactions. Finally, a correct bank statement provides a clear picture of an individual's financial health and helps in making informed financial decisions.
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In which situation would a savings account be the be investment to earn interest
Answers
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What is Market
Answers
Answer:
market is a composition of systems, institutions, procedures, social relations or infrastructures whereby parties engage in exchange. While parties may exchange goods and services by barter, most markets rely on sellers offering their goods or services to buyers in exchange for money. It can be said that a market is the process by which the prices of goods and services are established. Markets facilitate trade and enable the distribution and allocation of resources in a society. Markets allow any trade-able item to be evaluated and priced. A market emerges more or less spontaneously or may be constructed deliberately by human interaction in order to enable the exchange of rights of services and goods. Markets generally supplant gift economies and are often held in place through rules and customs, such as a booth fee, competitive pricing, and source of goods for sale.
Explanation:
hope it helps.
have a great day
Answer:
market is a very business place
Before starting an enrollment, what benefit information are agents required to provide to the consumer?.
Answers
Any advantages mentioned must be correctly and completely disclosed by the salesperson before beginning enrollment.
What advantages do consumers get?
The promotion of products and services that pose a risk to property and human life is prohibited.The freedom of the consumer to choose their own products is assured.According to the statute, consumers are entitled to quick, easy, and affordable remedies.Consumers can easily access the dispute resolution equipment.The preservation of certain rights is the responsibility of the authorities established under the statute. They are the rights to safety, freedom of choice, fairness and consumer education. This enabling law aims to be forward-thinking.The Act's sanctions aid in limiting arbitrary business practices in India. In a consumption-based economy like India, it also promotes mutual trust in the purchase of products and services. Proposed product liability measures are included in the Act. The service provider is required to reimburse the customer if the product has a problem. If the goods or services result in harm or damage to the consumer, the producer or service provider is required to make up for it. This can be the result of subpar service or a manufacturing flaw. This enables the payment of damages to a hurt customer.To learn more about benefits to consumer,
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financial statements are prepared from the balances in a(n): a. unadjusted trial balance b. adjusted trial balance c. chart of accounts d. general journal
Answers
Financial statements are prepared from the balances in an adjusted trial balance. So, the correct answer is B)
Financial statements are important tools that help users understand a company's financial performance and position. These statements are prepared using information from a company's accounting records, including balances in various accounts. The accounts are organized into a chart of accounts, which provides a framework for recording financial transactions.
Once all transactions have been recorded and adjusted, an adjusted trial balance is prepared. This trial balance includes all account balances after adjustments have been made. The financial statements are then prepared using the balances in the adjusted trial balance. Therefore, option (b) is correct: financial statements are prepared from the balances in an adjusted trial balance.
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what time does a recruiter suggest sending a thank you email after an interview? a. on the weekend. b. during work hours, but closer to the end of day. c. during work hours, but early in the morning. d. after 5 p.m. on a work day.
Answers
A recruiter would typically suggest sending a thank-you email after an interview (c) during work hours, but early in the morning.
Sending a thank-you email after an interview is a crucial step in the post-interview process. It allows you to express your gratitude for the opportunity, reiterate your interest in the position, and leave a positive impression on the interviewer. When it comes to timing, it's important to strike a balance between promptness and appropriateness. Sending the thank-you email during work hours is generally recommended to ensure that it is received and noticed promptly. However, sending it too early in the morning may make it less likely for the recipient to see it right away, as they may be busy with other tasks or have a full inbox from overnight. By sending it early in the morning, you increase the chances of your email being one of the first items the recipient sees when they start their workday.
It is generally advised to avoid sending the thank-you email on the weekend or after 5 p.m. on a workday. Weekend emails may get lost in the recipient's inbox as they catch up on emails from the previous week, and sending it after 5 p.m. could mean it gets buried in their inbox overnight or forgotten by the next morning. Additionally, sending it closer to the end of the workday may not give the recipient enough time to read and appreciate your message before they leave the office.
Overall, sending a thank-you email during work hours, but early in the morning, strikes a balance between promptness and visibility. It ensures that your message is received and stands out among other emails the recipient receives throughout the day.
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Researching investments online can be valuable because:
A: because large-cap stocks are less of a household name requiring research
b: you can find the exact future value of the stock
C: you will learn the day of the next bull market
D: you can track stock value trends overtime
Answers
Answer:
look I'ma be honest ion know just take a fat guess I'ma say a
Answer:
D
Explanation:
I just did the qw
A manufacturing company hires only welders who have completed a formal
program that combines classroom instruction with on-the-job learning. What is the
welders' preparation an example of?
XO A. Performance management
B. Employee development
C. An apprenticeship
D. Computer-based training
Answers
Answer: An apprenticeship
Explanation: Pretty sure that other person had a stroke
What is the advantage of opening a credit card account at a young age?
A. It helps people begin to accumulate debt.
B. It allows people to defer their tax payments.
C. It helps people begin to build a credit history.
D. It allows people to take advantage of high interest rates.
Answers
Explanation: when you get a credit card at a young age, it helps your credit go up, so when your older you have good credit!
Answer:
It helps people begin to build a credit history
Caleb owns a small business in houston. what should caleb do to encourage creativity among his employ?
a. caleb should avoid making innovation everyone's responsibility.
b. caleb should build an organizational culture based on hierarchy rather than on adhocracy.
c. caleb should avoid hiring knowledge brokers.
d. caleb should fire all the maverick employees working for him.
e. caleb should put as many promising ideas to the test as possible.
Answers
Caleb owns a small business in Houston. Thus, to encourage creativity among his employ Caleb should put as many promising ideas to the test as possible.
Creativity represents the ability to develop new or imaginative ideas and turn them into a reality. Businesses can use creativity in the workplace to create innovative solutions or more positive and collaborative work environments. Creativity promotes employees to think outside of the norm and experiment. Creativity in business is a way of thinking that inspires, challenges, and helps people to find innovative solutions and create opportunities out of problems. It's the reason some companies wow us with new, amazing ideas, whilst others merely follow the beaten path. It's the source of innovation and inspiration.
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Which of the following is an appropriate front and point size selection for a business letter
Answers
Answer:
Times New Roman also remains the default font for many word processing programs. When using Times New Roman in a business letter, set the size as 12-point in order for the document to be read most easily.
Also
If you can't decide between sizes, a 12-point font is usually the reliable choice because it's incredibly common in the business world.
Explanation:
Bank's Balance Sheet
Assets Liabilities and Owners' Equity
Reserves $200 Deposits $1,600
Loans $800 Debt $250
Securities $1,000 Capital (owners' equity) $150
Suppose a new customer adds $100 to his account at Northeastern Mutual Bank, which the owners of the bank then use to make $100 worth of new loans. This would increase the loans account anddecrease the account.
This would also bring the leverage ratio from its initial value of to a new value of .
Which of the following is true of the capital requirement? Check all that apply.
Its intended goal is to protect the interests of those who hold equity in the bank.
It specifies a minimum leverage ratio for all banks.
The higher the percentage of assets a bank holds as loans, the higher the capital requiremen
Answers
This would increase the loans account and increase the deposits account. The initial value of 13.33 to a new value of 14. The higher the percentage of assets a bank holds as loans, the higher the capital requirement. Thus, option (c) is correct.
What is a Balance Sheet?
The balance sheet and details of reconciled transactions for each account are the two most important reports that the accountant will want.
(a) This would increase the reserves account and increase the deposits account.
(b) The bank leverage ratio refers to its Assets divided by Capital (Owner's equity).
Liabilities should match assets. Therefore, keeping both sides equal by adding $100.
= (Reserves + loans + securities)/Capital
= (200 + 800 + 1,000) / 150
initial value of 13.33
After the $100 was borrowed
= (200 + 800 + 1,000 + 100) /150
new value of 14
(c) The capital requirement increases as the proportion of an institution's assets held as loans rises. Given that loans are made from deposits, the capital requirement is intended to safeguard depositors in the event that loans are defaulted upon.
Hence, the significance of the Balance Sheet is aforementioned.
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what is your assessment of starbucks’ financial performance during fiscal years 2015-2019?
Answers
The financial performance of Starbucks during fiscal years 2015-2019 was generally positive, marked by consistent revenue growth and profitability.
During the fiscal years 2015-2019, Starbucks experienced strong financial performance. The company consistently achieved revenue growth, driven by factors such as expansion into new markets, product innovation, and customer loyalty programs. This growth was reflected in increasing total revenues over the years.
Starbucks also demonstrated profitability during this period. The company maintained healthy profit margins, indicating effective cost management and operational efficiency. Additionally, Starbucks' net income showed an upward trend, indicating its ability to generate sustainable profits.
Furthermore, the company's financial position remained solid. Starbucks had strong cash flows, allowing it to invest in store expansion, technology advancements, and strategic initiatives. Its robust balance sheet and manageable debt levels provided a stable foundation for growth.
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Three months ago you purchased fsl stock for $25 per share. today you sold the stock for $31 per share. what is your annualized return on this investment expressed as an apr?
Answers
The annualized return on this investment, expressed as an APR, is 96%.
To calculate the annualized return on investment, we need to know the time period for which the investment was held. If we assume that three months is the holding period, we can calculate the annualized return as follows:
First, calculate the total return by subtracting the purchase price from the selling price: $31 - $25 = $6.
Next, calculate the return percentage by dividing the total return by the purchase price: $6 / $25 = 0.24.
To annualize the return, we need to adjust for the three-month holding period. Since there are four three-month periods in a year, multiply the return percentage by four: 0.24 * 4 = 0.96.
Finally, convert the annualized return to an Annual Percentage Rate (APR) by multiplying by 100: 0.96 * 100 = 96%.
Therefore, the annualized return on this investment, expressed as an APR, is 96%.
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mentha company currently has the following statistics:days in inventory: 80operating cycle: 148what is mentha's days in accounts receivable?
Answers
Mentha's days in accounts receivable is 68.
Accounts receivable refers to the average number of days it takes for a company to collect payment from its customers. In order to calculate the days in accounts receivable, we need to subtract the days in inventory from the operating cycle.
In this case, the operating cycle is given as 148 days, which represents the average time it takes for Mentha to convert its inventory into cash through the sale of products and subsequently collect payment from customers. The days in inventory is given as 80 days, which indicates the average time it takes for Mentha to sell its inventory.
By subtracting the days in inventory from the operating cycle, we can determine the remaining time it takes for Mentha to collect payment from its customers. Therefore, the days in accounts receivable is calculated as follows:
Days in accounts receivable = Operating cycle - Days in inventory
Days in accounts receivable = 148 - 80
Days in accounts receivable = 68
Therefore, Mentha's days in accounts receivable is 68.
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In the economy of Ukzten in 2010, consumption was $1000, exports were $100, government purchases were $450, imports were $150, and investment was $350. What was Ukzten's GDP in 2010?
Answers
To calculate the GDP of Ukzten in 2010, we need to add up the total value of goods and services produced within the country during that year. The formula for calculating GDP is:
GDP = Consumption + Investment + Government Purchases + Exports - Imports
Using the information provided in the question, we can substitute the values for each category into the formula:
GDP = $1000 (Consumption) + $350 (Investment) + $450 (Government Purchases) + $100 (Exports) - $150 (Imports)
GDP = $1750
Therefore, Ukzten's GDP in 2010 was $1750. This means that the total value of goods and services produced within the country was $1750, taking into account both domestic consumption and exports, while deducting the value of imports. The GDP is an important indicator of the health of an economy and is used to measure economic growth and development. In Ukzten's case, a GDP of $1750 suggests that the country had a moderately healthy economy in 2010, with a decent level of economic activity and productivity.
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What is the most common reason managers fail to advance in their careers?
Answers
Failing to communicate is the most basic reason managers fail to develop in their careers.
Why managers fail – most typical mistakes managers makeAvoid risks and are unwilling to make decisions. Risk comes with every company hand in hand.Rarely communicate with employees and appear distant.Infrequently admit their mistakes, but 'charm their way out of problems.Failing to charge.Not recognizing employee achievement.Failing to communicate.Research guided by CEB shows that 60 percent of new managers fall within the first 24 months of their new position. And according to Steve Smith, the writer of Managing for Success: Practical Advice for Managers, the main cause why most new managers fail is that they were never adequately trained to manage.
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