Explain the roles of financial intermediaries
Use 2 transactions in recent financial news to illustrate and explain the roles of financial intermediaries, and banks in particular, in these transactions.Furthermore, explain how these transactions would occur without a financial intermediary.
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Use 2 transactions in recent financial news to illustrate and explain the roles of financial intermediaries, and banks in particular, in these transactions. Furthermore, explain how these transactions would occur without a financial intermediary.
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Carlo Company uses a predetermined overhead rate based on direct labor hours to apply manufacturing overhad to jobs. The company estimated manufacturing overhead at $255,000 for the year and direct labor hours at 100,000 hours.
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