a company borrowed $80,000 from a bank by signing a long-term note payable. the journal the transaction would be recorded in is the: multiple choice
Answers
A company borrowed $80,000 from a bank by signing a long-term note payable. the journal the transaction would be recorded in is the: Cash receipts journal.
What is company ?A group of people who have joined or joined together; a group of people, We have company for dinner. A gathering of people for a social purpose. Company; Community; Association: I always enjoy their company. There are three types of businesses: sole proprietors, partnerships, and joint-stock companies, each with their own strengths and weaknesses. A company is called a company because its employees are willing to create value. The history of "to produce" is Latin and comes from "to produce" produce or promote The history of "Company" means "campaign" or "comrade" in old French. And the word "business" is Old English for busy and busy. The word "company" is synonymous with the word "company". Some of America's most successful companies include Amazon, Apple, McDonald's, Microsoft and Walmart.To learn more about company from the given link :
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Related Questions
Select the correct answer.
A restaurant manager reads a study on the health habits of the local community. However, he wants to validate this information with an internal secondary data source. Which of the following should he consult?
A. a census bureau report
B. newspaper articles from a national source
C. market research study
D. his company’s financial statements
E. networking contacts
Answers
Answer: C
Explanation: An internal source to validate the data is a marketing research paper that the business has already completed.
Answer:
C
Explanation:
right on edmentum
If I threaten to fire a member of my organization, what type of power am I using? reward (B) coercive referent (D) pluralism Question 6 In the case of NASA sending people into space for exploration, what type of strategy would they use? Type B Type C judgmental reward In a decentralized organization or government, what type of power do they use? expert power legitimate pluralism expert Question 8 Chrysler Corporation and NASA both suffered from not having the internal resources to address external threats that occurred in the environment. The term for this is: strategic gap computational strategy Type A Strategic option pluralism
Answers
Threaten to fire a member of your organization, you are using coercive power. Coercive power is a type of power that relies on the ability to punish or harm others in order to influence their behavior.
In the case of NASA sending people into space for exploration, they would use a judgmental strategy. A judgmental strategy involves making decisions based on careful analysis, evaluation, and expertise in order to achieve the desired outcome.
In a decentralized organization or government, the type of power used is pluralism. Pluralism refers to a distribution of power among various individuals or groups within the organization or government.
The term for not having the internal resources to address external threats in an organization or government is a strategic gap. A strategic gap occurs when there is a mismatch between the resources an organization or government has and the challenges or threats it faces.
I hope this helps! Let me know if you have any further questions.
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Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
Answers
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
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When designing in-store signage, the supermarket omar manages develops yellow signs and shelf tags with bold lettering to catch consumers’ attention. The use of visuals in this manner represents the ________blank component of the communication process.
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The encoding part of the communication process is represented by the use of visuals.
Encoding – what is it?The main form of human communication is the encoding and decoding of messages. The encoder is the person who generates and sends the message. In order to ensure that the audience interprets the message as intended, the encoder must determine how the audience will interpret the message.
The process of translating concepts into language is called encoding. The encoder sends the message over a "medium" such as a phone call, email, text message, in-person meeting, or another form of communication.
Varying signals require different encoding degrees of conscious cognition. The encoder should take care of any "noise" that could hinder their messages, such as other messages, diversions, or influences.
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The Food and Drug Administration sets standards for
O advertising.
O product labeling.
O the environment.
O traffic safety.
Answers
Answer:
B. Product Labeling
Explanation:
From quizlet
The Food and Drug Administration sets standards for product labeling.
What is product labeling?Product labeling is the details information of what a products entails and this is often writing on the product.
Product labeling is an important standards set by Food and Drug Administration as this help the consumer to be know the following:
The product ingredientHow healthy or unhealthy the product are etcInconclusion the Food and Drug Administration sets standards for product labeling.
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career question will mark first answer brainliest
Answers
Answer:
B.
Explanation:
I hope that helps!!!!!!!!
Mr. Coffey bought a house for $195,000. He made a 20% down payment. The interest
rate is 5.25% for 30 years. Use the loan payment calculator to answer the following
questions. (do not use commas or dollar signs in your answer)
What is his monthly payment?
Answers
Answer: $861.44
Explanation:
Given the following :
Purchase price = $195,000
down payment = 20%
Interest rate = 5.25%
Period = 30 years
Down payment = 0.2 × $195,000 = $39,000
Therefore, loan amount will be :
$(195,000 - 39,000) = $156,000
The payment per period (monthly payment) can be calculated using the annuity calculator.
Present value = $156,000
Number of periods = 30yrs = 30× 12 = 360 months
Interest = 5.25% / 12= 0.4375% = 0.004375
Future value = 0 (Amount when entire loan has been paid)
Therefore, the payment per period is $861.44 using the financial calculator.
Morgan has worked very hard to become a social worker. She feels a sense of fulfillment when she can help families. Morgan is offered a promotion to manager, but this would mean that she would no longer work with families. To stay on her career path, Morgan must accept the promotion. ( True False)
Answers
Which part of an insurance application will contain information regarding the cause of death of the applicant's deceased relative
Answers
Answer:
Medical Information
Explanation:
Medical Information of the application includes certain information on the insured's prospective medical background, his or her present health conditions, any kind of visits to the medical in the recent years, the medical status of the living relatives, and also causes of death of the deceased relatives.
The medical information are used by the insurance companies to underwrite the policies.
Creating an online website what are good ideas to help me brainstorm
Answers
A few ideas for the website are:
An easy-to-update CMSResponsive designHelpful navigationStrong brand identityContact informationSecurity featuresKelly hears an economist argue that organized labor lowers businesses'
productivity. What is the most likely basis for the economist's argument?
A. Union workers do not put forth as much effort as non-union
workers.
B. Union organizing historically involved manufacturing jobs.
C. Union workers do not receive employee benefits.
D. Union pay tends to be higher than non-union pay for similar jobs.
Answers
Answer:
D. Union pay tends to be higher than non-union pay for similar jobs.
Explanation:
Labor unions are always advocating for higher wages for their members. As a result, organized labor is always paid higher wages than the market rates. The exorbitant wages and benefits that unionized workers get make the per-unit output of labor expensive. A company with union workers will pay higher wages per hour or per unit produced than a business that pays as per the market rates.
Which of the following statements about futures are false:
I. Futures is a standardised contract to buy or sell a specific commodity or financial instrument at a specific price at a predetermined future date;
II. In Australia bonds futures are usually quoted at an index figure of 100 minus the yield so a dealer can follow a basic principle of buy low and sell high;
III. Novation is the process to renew futures contracts when they fall due;
IV. Cash settlement is more usual in futures markets
Answers
The false statement is: Novation is the process to renew futures contracts when they fall due.
Futures refer to a standardized contract to buy or sell a specific commodity or financial instrument at a particular price on a predetermined future date. The statement I is correct. In Australia, bond futures are typically quoted at an index figure of 100 minus the yield so that a dealer can follow a fundamental principle of buying low and selling high. The statement II is correct. Cash settlement is the most common approach in futures markets. The statement IV is correct. Therefore, the only false statement about futures is III. Novation is not a process of renewing futures contracts when they become due. It refers to the process of substituting one party's obligations to another in a financial contract. Novation allows for the transfer of risks and rewards between parties, typically when there has been a change in the contractual arrangements. Therefore, statement III is false.
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the market interest rate is often called the group of answer choices effective rate. stated rate. contractual rate. coupon rate.
Answers
The market interest rate is often called the effective interest rate. It is also known as the yearly equivalent rate, the effective interest rate, and the effective rate (AER).
The true return on a savings account or any other interest-paying investment is known as the effective annual interest rate when the advantages of compounding over time are taken into consideration. Additionally, it shows the precise percentage rate of interest on all unpaid debts, such as credit card balances and loans.
The effective yearly interest rate serves as a proxy for the actual interest rate on a loan or investment. The most important feature of the effective yearly interest rate is the fact that it takes into account the fact that greater effective interest rates will arise from more frequent compounding periods.
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would knowing that a product was produced inder ethically questionable consitions affect your decision to purchase it
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Yes, knowing that a product was produced inder ethically questionable consitions affect your decision to purchase it because the purchase decision will be impacted if production involves unethical actions like the use of child labor or unsanitary circumstances.
What impact does ethics have on consumer decisions?Ethical consumers utilize their purchasing decisions to demonstrate underlying moral convictions; as a result, they may choose not to support the exploitation of underprivileged producers by boycotting related products or refrain from buying goods from socially or ecologically negligent businesses.
A product is ethically sourced when it is obtained or provided in a way that is sustainable for the product, the environment, and the welfare of the workforce. Fair trade aims to guarantee that producers receive a fair amount of compensation during the trading process.
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Chapter 10 maintaining mathematical proficiency answers
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Chapter 10 in maintaining mathematical proficiency focuses on the importance of continuous practice and application of mathematical concepts. To answer this question, it is important to note that there is no one specific answer to maintaining mathematical proficiency as it varies from person to person.
However, there are a few key things that can help individuals maintain their mathematical proficiency such as regularly practicing math problems, engaging in real-life mathematical applications, using technology to enhance learning, and seeking help when needed. It is important to consistently challenge oneself and to not shy away from difficult mathematical concepts. Furthermore, staying organized and keeping track of progress can also help individuals maintain their mathematical proficiency. Ultimately, the key to maintaining mathematical proficiency is to stay curious and engaged in learning and to practice consistently.
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What is interest and what is it used for?
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Answer:
Interest is the monetary charge for borrowing money—generally expressed as a percentage, such as an annual percentage rate (APR). Key factors affecting interest rates include inflation rate, length of time the money is borrowed, liquidity, and risk of default. Interest can also express ownership in a company.
I found that on internet XD
A critique of modernization theory suggests that neocolonialism causes underdevelopment, and that poor countries stay underdeveloped because the global economic system extracts and transfers ________ to developed nations. a. resources b. energy c. people d. culture
Answers
Answer:
a. resources
Explanation:
Migration refers to the movement of a group of people from one geographical region (location) to another geographical destination in search of better living conditions, work or social amenities.
Migration selectivity can be defined as the likelihood or tendency that a subset (part) of a group of people are going to move (migrate) out of a particular geographical location or area.
Some of the factors that influence migration selectivity are income level, age, education, gender etc.
A critique of modernization theory suggests that neocolonialism causes underdevelopment, and that poor countries stay underdeveloped because the global economic system extracts and transfers resources to developed nations.
Poor countries stay underdeveloped because the global economic system extracts and transfers resources to developed nations.
The answer to this question is option a. A lot of countries are blessed with a lot of natural resources yet they remain very poor and dependent on other first world nations.
Neo colonialism means that some of these nations are still heavily influenced by the nations that they are highly dependent on.
The continent of Africa is blessed with a lot of natural resources. Crude oil for instance, but most of these resources are transported abroad and the continent remains underdeveloped.
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Ben is a double major pursuing degrees in both Finance and Marketing. He is interested in obtaining a position as a personal financial advisor after graduation and is interning with a global financial services company. During his internship, he observes that the most successful advisors wear white shirts, dress very conservatively, and read The Wall Street Journal to stay up to date with the latest business and world news. Ben starts to read The Wall Street Journal too and modifies his dress and grooming style to be more like the representatives he admires. Ben is influenced by _______.
Answers
Answer:
A reference group
Explanation:
The Shirt Works sells a large variety of tee shirts and sweatshirts. Steve Hooper, the owner, is thinking of expanding his sales by hiring high school students, on a commission basis, to sell sweatshirts bearing the name and mascot of the local high school.
These sweatshirts would have to be ordered from the manufacturer six weeks in advance, and they could not be returned because of the unique printing required. The sweatshirts would cost Hooper $16.00 each with a minimum order of 203 sweatshirts. Any additional sweatshirts would have to be ordered in increments of 203.
Since Hooper’s plan would not require any additional facilities, the only costs associated with the project would be the costs of the sweatshirts and the costs of the sales commissions. The selling price of the sweatshirts would be $32.00 each. Hooper would pay the students a commission of $7.00 for each shirt sold.
Required:
1. What level of unit sales and dollar sales is needed to attain a target profit of $7,308?
2. Assume that Hooper places an initial order for 203 sweatshirts. What is his break-even point in unit sales and dollar sales? (Round your intermediate calculations, round "Break-even point in unit sales" up to the nearest whole unit and round "Break-even point in dollar sales" to the nearest whole dollar.)
3. How many sweatshirts would Hooper need to sell to earn a target profit of $8,222? (Round final answer up to the nearest whole unit.)
Answers
1. The unit and dollar sales levels needed to attain a target profit of $7,308 are 812 and $25,984.
2. The break-even point with 203 sweatshirts is $4,669.
3. The unit sales level needed to attain a target profit of $8,222 is 914.
What is the break-even point?The break-even point represents the required sales units for no profit or loss to be achieved.
At the break-even point, the total revenue equals the total costs (fixed and variable).
Data and Calculations:Selling price per sweatshirt = $32
Variable cost per unit = $23 ($7 + $16)
Contribution margin per unit = $9 ($32 - $23)
Contribution margin ratio = 0.28125 ($9/$32)
Fixed costs = $0
Target profit = $7,308
1. Sales level to attain a target profit of $7,308 = 812 units ($7,308/$9)
And $25,984 ($7,308/0.28125)
2. Break-even point with 203 sweatshirts = $4,669 ($23 x 203)
3. Target profit = $8,222
Sales level to attain a target profit of $8,222 = 914 units ($8,222/$9)
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Why do lenders require collateral for a secured loan? (10 points)
A) It reduces risk to the lender
B)It eliminates interest charges
C) It reduces the cost of the financed good
D) It protects consumers from loss
Answers
Answer:
A) It reduces risk to the lender
Explanation:
Collateral refers to a valuable asset that a borrower offers to the lender to secure a loan. Typically, the collateral will have a higher market value than the loan amount. Asset mostly used as collateral include homes, properties, and motor vehicles. The lender will keep custody of the title documents until the borrower repays full amount borrowed.
Offering collateral for a loan indicates the borrower's willingness to repay the loan. The lender is assured of recovering their money. If the borrower defaults, the lender will dispose of the collateral to recover their money. This reduces the lender's risk.
Answer:
A) it reduces risk to the lender
Explanation:
I just took the quiz and got it right.
The annandale academy of fine arts states in its brochure that "the academy intends to become the dominant institution in the nation teaching traditional aesthetic values in traditional artistic media targeting both traditional and non-traditional students." this pronouncement is most precisely a statement of organizational
a. mission.
b. values.
c. vision.
d. culture.
Answers
According to the brochure for the Annandale Academy of Fine Arts, "the academy intends to become the dominant institution in the nation teaching traditional aesthetic values in traditional artistic media targeting both traditional and non-traditional students." This declaration is, in fact, a mission statement for the organization.
What is an organizational mission?An organizational mission, also known as a mission statement, is a brief, broad statement about an organization's goals and how those goals will be met.
It frequently discusses the organization's offerings and how it hopes to serve its customers, community, employees, investors, and other stakeholders.
Some mission statements may also include explanations of the values and principles that the organization hopes to adhere to throughout its existence. An organizational mission also helps to guide the actions of a corporation.
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10. If you are under 18 years you shall not operate a motor vehicle between the hours of ....... and...... unless you are
driving to or from a scheduled event. This curfew remains in effect until you turn 18, regardless of when your
driver's license was issued.
A
1 am to 5 am
B. O 12 pm, 5 am
c. O5 pm, 5 am
D. O 10 pm, 5 am
Answers
Answer:
its a 1 am to 5 am
Explanation:
i took the test
The tax multiplier equals the change in ________ divided by the change in ________.
Answers
The tax multiplier equals the change in equilibrium real GDP divided by the change in taxes.
What is a Tax Multiplier?The eventual rise in real GDP that will follow from a change in taxes is revealed by the tax multiplier. It's interesting to note that the tax multiplier is always exactly one less than the expenditure multiplier. Since lower taxes boost consumption, total spending, and income, while higher taxes decrease these factors, the tax multiplier has a negative sign. The phrase in brackets, in the case of a proportional tax, is a new multiplier. The marginal inclination to consume divided by one minus the marginal propensity to consume yields the simple tax multiplier. The simple expenditures multiplier, which gauges the change in aggregate production brought on by adjustments to an autonomous expenditure, is a related multiplier.
Hence, The tax multiplier equals the change in equilibrium real GDP divided by the change in taxes.
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The foundation of a marketing plan.
Answers
Answer:
Every marketing plan should include a clear explanation of the market segmentation, target market focus, and a market forecast. To develop an effective plan based on your customers' needs and nature.
Discussion #1 - Should business leave the task of fighting poverty to governments or aid governments? Be sure to develop your response by tying in content/vocabulary from the assigned materials. Your response must be at least 4 sentences (develop a response that is supported and your response will easily go beyond the minimum requirements). Take a stand and support your position! Post and Comment on a peer a peer's Post. Also, support your point/counter-point to your peer.
Answers
Poverty eradication is a vital goal in the growth and development of any economy. Poverty eradication programs necessitate the participation of several stakeholders, including governments and business organizations. However, the question of who should be responsible for fighting poverty,
whether it's businesses or the government, is a contentious issue. Businesses have a significant role to play in poverty eradication, but they cannot be solely responsible for the same. The government also has an essential role in reducing poverty, and as such, it should not be the responsibility of the businesses to eradicate poverty alone.
Businesses can contribute to poverty reduction through corporate social responsibility (CSR) programs. CSR refers to the initiatives businesses take to promote social good while operating.
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Engineers at Thrill Rides Inc., have completed an innovation on an existing thrill ride set to open over the summer months. The upgrade will cost $10,000 and is expected to last six years with a $1300 salvage value for the solenoid mechanisms. Operating and maintenance costs are expected to be $1800 the first year, increasing by 11% per year thereafter. a) Draw the cash flow diagram b) Determine the present worth of the upgrade and operating and maintenance costs with an interest rate of 8% per year.
Answers
a) The cash flow diagram is mentioned below:
b) The present worth of the upgrade and operating and maintenance costs is $18,395.91.
A cash flow diagram is a graphical representation that illustrates the timing and amount of cash inflows and outflows associated with a particular project, investment, or financial decision. It provides a visual depiction of the cash flow over time, helping to assess the timing and magnitude of cash flows and their impact on the overall financial performance.
a) To draw the cash flow diagram, we need to represent the cash inflows and outflows over the six-year period.
Year 0: Initial investment of $10,000 (cash outflow)
Year 1: Operating and maintenance cost of $1,800 (cash outflow)
Year 2: Operating and maintenance cost of $1,800 (cash outflow)
Year 3: Operating and maintenance cost of $1,800 (cash outflow)
Year 4: Operating and maintenance cost of $1,800 (cash outflow)
Year 5: Operating and maintenance cost of $1,800 (cash outflow)
Year 6: Operating and maintenance cost of $1,800 (cash outflow) and salvage value of $1,300 (cash inflow)
b) To determine the present worth of the upgrade and operating and maintenance costs, we need to calculate the present value of each cash flow using an interest rate of 8% per year.
Year 0: The initial investment of $10,000 has a present value of $10,000.
Year 1: The operating and maintenance cost of $1,800 has a present value of $1,666.67.
Year 2: The operating and maintenance cost of $1,800 has a present value of $1,542.33.
Year 3: The operating and maintenance cost of $1,800 has a present value of $1,424.45.
Year 4: The operating and maintenance cost of $1,800 has a present value of $1,312.27.
Year 5: The operating and maintenance cost of $1,800 has a present value of $1,205.59.
Year 6: The operating and maintenance cost of $1,800 has a present value of $1,104.61, and the salvage value of $1,300 has a present value of $1,140.19.
To determine the total present worth, we sum up the present values of each cash flow:
$10,000 + $1,666.67 + $1,542.33 + $1,424.45 + $1,312.27 + $1,205.59 + $1,104.61 + $1,140.19 = $18,395.91
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9. which of the following partners of a limited partnership invest capital but do not participate in management? a. specific partners b. limited partners c. general partners d. sole proprietors
Answers
The partners of a limited partnership who invest capital but do not participate in management are the limited partners.
Limited partners in a limited partnership invest capital but do not participate in management and are not personally liable for partnership debts beyond their capital contributions. A limited partnership must have one or more general partners. A limited partnership has two types of partners: general and specific.
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Gold has historically functioned as money. This is due, in part, to the willingness of others to accept it as valid payment for goods and
services. In this case, gold is functioning as an) (1 point)
Answers
The willingness of others to accept gold as a valid payment for goods and services made gold a medium of exchange. In other words, gold was used to facilitate commercial exchanges when these became more developed.
Money has changed and developed over time, it has always been used to make business practices more simplified and standardized.
Some examples of the use of a medium of exchange were salt, which was a rare mineral that was offered in trade, hence the word salary.
Therefore, gold began to be used as a means of exchange from the need to use coins with greater durability.
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Suppose you have three choices as to what to do for two hours on Sunday afternoon: work around the house, earning $3.50 an hour; baby-sit for your neighbor earning $10 an hour; or go to the movies and pay $6 for a ticket. You choose to go to the movies. What is your opportunity cost?
Answers
Answer:
the opportunity cost is in the case when you choose to go to the movies is $20
Explanation:
The computation of the opportunity cost is in the case when you choose to go to the movies is shown below:
= Earning per hour × number of hours
= $10 × 2 hours
= $20
Hence, the opportunity cost is in the case when you choose to go to the movies is $20
Why is the fed often referred to as a "lender of last resort," or the last lender to turn to in a crisis?.
Answers
Answer:
It offers banks financial protection to keep consumers from panicking.
Explanation:
A lender of last resort is the organization in a business system that serves as the provider of liquidity to a business company which finds itself incapable to achieve enough liquidity in the interbank lending market and other facilities or sources have been consumed.
Can you give me brainliest please?
Answer:
It offers banks financial protection to keep consumers from panicking.
Explanation: