Three Basic Functions Intermediaries Perform Are

question 93

Multiple Choice

three basic functions intermediaries perform are

• A) accommodating functions, logistical functions, and transactional functions.
• B) implementation functions, accommodating functions, and contractual functions.
• C) contractual functions, facilitating functions, and logistical functions.
• D) transactional functions, logistical functions, and facilitating functions.
• E) facilitating functions, accommodating functions, and implementation functions.

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Definitions:

Income Taxes

Taxes imposed by the government on the income earned by individuals and businesses within its jurisdiction.

Debt-To-Equity Ratio

A financial ratio indicating the relative proportion of shareholders' equity and debt used to finance a company's assets.

Liquidity Ratios

Ratios that measure a company’s ability to meet its currently maturing obligations.

Operating Cycle

The average period of time required for a business to make an initial outlay of cash to produce goods or services, sell them, and receive cash back from customers.