A financial intermediary that provides liquid financial assets in the form of deposits to lenders and uses their funds to finance the illiquid investment spending needs of borrowers is called a a. mutual fund. b. bank. c. corporation. d. pension fund. e. life insurance company.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “A financial intermediary that provides liquid financial assets in the form of deposits to lenders and uses their funds to finance the ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
On December 31, 2020, Tamarisk Company had $1,260,000 of short-term debt in the form of notes payable due February 2, 2021.
Answers (1)
What does the last paragraph in a cover letter deal with? The closing paragraph of a cover letter is where you can mention your blank information and request for an interview
Answers (1)
Mandarin Company is authorized to issue 1,250,000 shares of $15 par value common stock. By November 15, 2019, the company had issued 60,000 shares at $36 per share.
Answers (1)
Akwamba made this statement organizations cannot be successful if mnagers fail to pay attention to the forces in the external environments. do you agree or not. Justify using practical examples
Answers (1)
has 1,400 shares outstanding at a market price per share of $10.80. has 1,750 shares outstanding at a market price of $13 a share. Neither firm has any debt. is acquiring for $16,500 in cash. What is the merger premium per share
Answers (1)
New Questions in Business
Match the following definitions with the correct term 1. Delocalization of food production and consumption connections 2. The process of learning culturally specific preferences passed from generation to generation 3.
Answers (1)
Adobe Systems Incorporated reported the following accounts and amounts (in millions) in its financial statements for the year ended November 30, 2013.
Answers (1)
A Trek Cycles manufactures and sells bicycles to retailers. The X-1 model sells for $500 and has per-unit variable costs of $300 associated with its production. The company has fixed expenses of $30,000 per month.
Answers (1)
A firm supplies aircraft engines to the government and to private firms. It must decide between two mutually exclusive contracts. If it contracts with a private firm, its profit will be $2 million, $1 million, or - $1 million with probabilities. 25,.
Answers (1)
Important business data that is not known to the public is considered what type of information?
Answers (1)