Credit unions, mutual funds, and thrift institutions are all examples of _____.
A. financial intermediaries
B. investment banks
C. regulatory bodies
D. underwriters
E. over-the-counter markets
Answer: A
You might also like to view...
Carson City Saloon purchased a $25,000 truck for catering from its restaurant. It made a down payment of one-fourth of the price. What combination of amounts would affect the income statement and statement of cash flows for the purchase of the truck? Income Statement Cash Flow Statement
a. $25,000 $ -0- b. $ -0- ($25,000) c. $25,000 ($6,250) d. $ -0- ($6,250)
Bag Ladies, Inc. manufactures two kinds of bags—totes and satchels. The company allocates manufacturing overhead using a single plantwide rate with direct labor cost as the allocation base. Estimated overhead costs for the year are $24,500. Additional estimated information is given below.
Calculate the amount of overhead to be allocated to Totes. (Round any percentages to two decimal places and your final answer to the nearest dollar.)
A) $462
B) $333
C) $11,299
D) $13,202
Bill is considering investing $450 at the end of every month in a fixed income instrument. He will be receiving $27,000 at the end of 4 years. If the interest is compounded monthly, what is the annual rate of return earned on the investment?
A. 11.56% B. 22.25% C. 15.07% D. 18.30% E. 13.58%
A view cannot involve statistics
a. True b. False Indicate whether the statement is true or false