Business, 07.03.2020 04:20 ashtonrieper1132

The primary purpose of the FDIC is to reduce the potential for A. bank runs. B. reserve cheating. C. government regulations. D. excessive interest rates.

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Business, 22.06.2019 00:00

Which part/word/phrase in the passage refers to a business’s financing activity seen in a cash flow statement? nathan works as an accountant in a footwear manufacturing company. he is currently preparing the cash flow statement for his employer. during the given accounting period, the company purchased raw materials worth $25,000. it also bought new equipment worth $75,000 to increase its production output. further, it borrowed a long-term bank loan of $100,000 to facilitate further expansion. finally, the company spent $50,000 on advertising its latest brand of footwear in the market. {lol i guessed its "it borrowed a long-term bank loan of $100,000 to facilitate further expansion" and thats correct}

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The primary purpose of the FDIC is to reduce the potential for A. bank runs. B. reserve cheating. C....

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