Business, 15.02.2021 22:50 mcckenziee

Customer deposits are classified on a DI's balance sheet as. A. assets, because the DI uses deposit funds to earn profits. B. liabilities, because the DI uses deposits as a source of funds. C. assets, because customers view deposits as assets. D. liabilities, because the DI must meet reserve requirements on customer deposits. E. liabilities, because DIs are required to serve depositors.

Answers: 3

Show answers

Other questions on the subject: Business

Business, 22.06.2019 19:40, thomasalmo2014

On april 1, santa fe, inc. paid griffith publishing company $2,448 for 36-month subscriptions to several different magazines. santa fe debited the prepayment to a prepaid subscriptions account, and the subscriptions started immediately. what amount should appear in the prepaid subscription account for santa fe, inc. after adjustments on december 31 of the first year assuming the company is using a calendar-year reporting period and no previous adjustment has been made?

Answers: 1

continue

Business, 23.06.2019 00:30, Chen19241

2. which of the following statements about interest is true? a. interest is a one-time fee that you pay for lending money. b. interest is expressed as a percentage of the amount you are borrowing. c. because interest rates tend to be small numbers, they typically don't have much effect on the price of the goods you're purchasing. d. interest is a penalty that you pay when you don't pay your bills on time.

Answers: 1

continue

Business, 23.06.2019 01:30, minecrafter3882

What is the name of the company and the stock symbol you chose? what is the p/e ratio? what information did you find about the company? why did you choose this stock? company name: stock symbol: p/e ratio: information about the company: why did you choose this stock?

Answers: 2

continue

Business, 23.06.2019 08:20, Morganwing1019

Suppose that a candy maker owns a building and is renting part of the building's space to a doctor. further suppose that because the candy maker is the owner, he has the right to make noise during the day while he makes candy. while the doctor cannot insist on a quiet environment, the doctor could move to a quieter building. however, rent in the next best building is $350/month more than rent in the noisy building. the candy maker can adopt a new technology that eliminates the noise for $275/month. given this situation, can the doctor find a private solution with the candy maker that will make both better off?

Answers: 2

continue

You know the right answer?

Customer deposits are classified on a DI's balance sheet as. A. assets, because the DI uses deposit...