Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 14, 2024

2-What is the difference between direct finance and indirect finance, with diagram. 3-What are the three key services that financial system provides to savers and

2-What is the difference between direct finance and indirect finance, with diagram.

3-What are the three key services that financial system provides to savers and borrowers.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Rehabilitation Tax Credit IRS Audit Techniques Guide

Authors: Internal Revenue Service

1st Edition

1304114686, 978-1304114686

More Books

Students also viewed these Accounting questions

Question

★★★★★

On June 1, Melendez Company borrows $90,000 from First Bank on a 6-month, $90,000, 12% note. Instructions (a) Prepare the entry on June 1. (b) Prepare the adjusting entry on June 30. (c) Prepare the...

Answered: 1 week ago

Question

★★★★★

The neutrons produced in fission reactors have a wide range of kinetic energies. After the neutrons make several collisions with atoms, they give up their excess kinetic energy and are left with the...

Answered: 1 week ago

Question

★★★★★

10.19 Suppose that for a particular hypothesis test, the consequences of a Type I error are very serious. Would you want to carry out the test using a small significance level a (such as 0.01) or a...

Answered: 1 week ago

Question

★★★★★

Eastern State College had the following trial balance as of July 1, 2011, the first day of its fiscal year (in thousands): During the fiscal year ended June 30, 2012, the following transactions...

Answered: 1 week ago

Question

★★★★★

2-What is the difference between direct finance and indirect finance, with diagram. 3-What are the three key services that financial system provides to savers and borrowers.

Answered: 1 week ago

Question

★★★★★

Consider an initial insurance portfolio of 10,000 independent automobile policies, each with a standard deviation of $200 and an expected loss of $200. Now suppose that this insurer also writes 500...

Answered: 1 week ago

Question

★★★★★

Renaldo's Bakery makes bread for the local restaurants. Gennaro's job is to inspect the bread for defects, including size, holes, slice width, hardness, and softness. Each loaf of bread could have as...

Answered: 1 week ago

Question

★★★★★

An archer wants to test the speed of his shot (arrow) using limited sources. During the experiment, he hits a solid ball made up of clay soil having mass 0.4 kg kept at a height of 80 m on the...

Answered: 1 week ago

Question

★★★★★

The term (2 points) refers to a broad range of tools and activities used to explore big data in order to make forecasting models that will inform decision-making. a) Information system b) Knowledge...

Answered: 1 week ago

Question

★★★★★

Jim decided to sell his business because he wanted to retire. Through their lawyers, Mike agreed to buy Jim's business for $500,000. A certified cheque was specified as the method of payment for the...

Answered: 1 week ago

Question

★★★★★

How can enumerating the questions in a request help both the person who writes the message and the person who responds to it? (Objective 4)

Answered: 1 week ago

Question

★★★★★

Claims and condolences concern negative or unpleasant circumstances. Why are they written using the direct plan? (Objectives 4 and 5)

Answered: 1 week ago

Question

★★★★★

If a writer presents the best news (main idea) in the opening paragraph of a message, why should the receiver read the rest? (Objective 1)

Answered: 1 week ago

Previous Question Next Question