A company may invest in debt or equity securities of other companies to ________
A) further enhance a business relationship with a key vendor
B) invest borrowed money in an effort to improve the company's net income
C) to weaken the investing company's supply chain source
D) to allow the company to use investment income to increase its annual dividend
A
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Savings banks
A) were first established in Scotland and England. B) were established to encourage saving by the poor. C) were very conservative with their funds, placing most of them in commercial banks. D) are all of the above. E) are only A and B of the above.
With the creation of the Federal Deposit Insurance Corporation, member banks of the Federal Reserve System ________ to purchase FDIC insurance for their depositors, while nonmember commercial banks ________ to buy deposit insurance
A) could choose; were required B) could choose; were given the option C) were required; could choose D) were required; were required