answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
amid [387]
2 years ago
12

During the Financial Crisis of 2007-2008, Goldman Sachs, Morgan Stanley, and other financial firms with heavy exposure to the mo

rtgage-related problems rushed to become bank holding companies in order to a. obtain bailout money from Congress. b. follow the order of the U.S. Treasury. c. acquire funds from the general public. d. get massive loans from the Fed.
Business
1 answer:
Reika [66]2 years ago
8 0

Answer:

The answer is: D) Get massive loans from the Fed

Explanation:

Remember the phrase too big to fail? Most American "big" banks were at the brink of bankruptcy and the whole global financial system was about to collapse. At this point the US government loaned them money, tons of money, to avoid them from going bankrupt. In order for big banks to be eligible for those bank loans, they had to become bank holding companies.

You might be interested in
Kawasaki Company incurred the following unit costs in manufacturing digital cameras: Direct Materials $14 Indirect Materials (va
Shtirlitz [24]

Answer:

Unitary variable cost= $42

Explanation:

Giving the following information:

Direct Materials $14

Indirect Materials (variable) $4

Direct Labor $8

Indirect Labor (variable) $6

Other Variable Factory Overhead $10

During the period, the company produced and sold 1,000 units.

Under the variable cost method, the product cost is calculated using direct material, direct labor, and variable overhead:

Unitary variable cost= 14 + 8 + (4 + 6 + 10)= $42

0 0
2 years ago
11. Bob Johnson established a Section 529 Savings Plan for his son Robert several years ago. It is now time to pay Robert's firs
tensa zangetsu [6.8K]

Answer:

Bob Johnson, you know, I had a friend named Bob. Those were the days.

Explanation:

8 0
2 years ago
The HIJ bond has a current price of $800, a maturity value of $1,000, and matures in 5 years. If interest is paid semi-annually
yKpoI14uk [10]

Answer:

Explanation:

The coupon rate is defined as the interest rate paid on a bond by its issuer for the term of the security.

Hence,

Par Value = $800

Face Value = $1,000

N = 5 x 2 = 10

Since the interest is semi annual

i = 8% / 2 = 4%

CF = $15.34

Coupon = $30.68 per year or 3.068%

8 0
2 years ago
Fashion, Inc. had a Retained Earnings balance of $16,000 at December 31, 2021. The company had an average income of $6,500 over
avanturin [10]

Answer:

Total amount of dividends paid over the last three years is $20500

Explanation:

The net income of the company is either retained in the company or paid out as dividends. To calculate the value of the ending retained earnings, we use the following formula,

Ending balance = Beginning balance + Net Income - Dividends

We first need to calculate the total net income for the 3 year period. The total net income for the 3 year period is, 3 * 6500 = $19500

Plugging in the available values for the ending and beginning balance of retained earnings and net income, we can calculate the value of total dividends paid for the three year period.

15000 = 16000 + 19500 - Dividends

Dividends = 35500 - 15000

Dividends = $20500

4 0
2 years ago
Chill, a beverage manufacturer, offers varied versions of its products that include diet, cherry, vanilla and caffeine-free vers
STatiana [176]

Answer:

<em>A differentiated market</em>

Explanation:

<em>Whenever a business produces initiatives that cater to at least two product categories or targeted groups, a differentiated marketing strategy is applied</em>.

For instance, a retailer may encourage a purchase in at least two towns or locations that caters to people, or even a business can market a brand which appeals to women in at least two age categories.

7 0
2 years ago
Other questions:
  • River City Recycling just paid its annual dividend of $1.15 per share. The required return is 12.3 percent and the dividend grow
    7·1 answer
  • Russell spends an hour studying instead of playing basketball. Russell’s willingness to study is due to the fact that he... Your
    14·2 answers
  • In order to save $57,000 in five years, John will start saving money next month. He already has $10,000 in his account. The acco
    11·1 answer
  • Why do corporations generally have the largest profits of any form of business?​
    10·2 answers
  • SBD Phone Company sells its waterproof phone case for $114 per unit. Fixed costs total $222,000, and variable costs are $34 per
    6·1 answer
  • Evert Company makes two types of circuit boards. One is a high-caliber board designed to accomplish the most demanding tasks; th
    11·1 answer
  • Hache Corporation uses the weighted-average method in its process costing system. The first processing department, the Welding D
    7·1 answer
  • Hayes Corporation has $300 million of common equity on its balance sheet and 6 million shares of common stock outstanding. The c
    7·1 answer
  • Aaron has designed innovative accessories for hard-core bicycling enthusiasts.He knows where and how he will make them,and he ne
    8·1 answer
  • Stockbridge Sprockets Inc. earned $2.25 per share last quarter, and $2.50 in the last quarter of 2019. Because of declining dema
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!