Answer:
The time deposit account earned $0.37 more than the money market account.
This is so minimal and insignificant that it does not make a noticeable difference and the deposit could be put in any of the two accounts without the depositor suffering any disadvantage.
In practice, the time deposit earns more on the average than the money market account, because it has a stated period unlike the money market account that is always fluid.
Explanation:
a) Data and Calculations:
Money market account:
Interest rate in June = 4.8%/12
Interest rate in July = 4.91%/12
Deposit in account = $15,000
Interest earned in June = $60 ($15,000 * 4.8%/12)
Interest earned in July = $61.38 ($15,000 * 4.91%/12)
Total interest earned in June and July = $121.38
Time deposit account:
Interest rate in June and July = 4.87% * 2/12
Deposit in account = $15,000
Interest earned in June and July = $121.75 ($15,000 * 4.87% * 2/12)
Which of the following is an example of fraud?
A. Joe's Appliances advertises a microwave oven at half off its original price.
B. Joe's Appliances advertises a built-in microwave oven at a price that doesn't include
an installation fee.
C. Joe's Appliances advertises a microwave oven at a low price that it never had in stock.
D. Joe's Appliances advertises a microwave oven for less than it pays to buy it,
Answer:
c
Explanation:
if it was never in stock its misleading and a fraud
Has your idea of yourself five years from now changed in any way since beginning this course? If so, describe the reasons. If not, has this course expanded your idea of yourself in five years, or has it stayed the same? Why or why not.
I don't have time so please answer I need it asap
Answer:
This is a personal question man
Explanation:
Im sorry, but I can't answer personal questions
Sorry
2. Inputs and outputs Van's Performance Pizza is a small restaurant in Chicago that sells gluten-free pizzas. Van's very tiny kitchen has barely enough room for the four ovens in which his workers bake the pizzas. Van signed a lease obligating him to pay the rent for the four ovens for the next year. Because of this, and because Van's kitchen cannot fit more than four ovens, Van cannot change the number of ovens he uses in his production of pizzas in the short run.
Answer:
The question is incomplete, but I guess its about variable and fixed inputs. In this case, Van's workers are considered the variable input since Van can hire or fire workers in the short run. While the ovens are fixed inputs, since Van cannot change the number of ovens due to space and legal limitations (lease contract).
The short run or the long run are not specific time frames, it is not like current or non-current assets or liabilities. The short run refers to a time period where a business can only change certain inputs, e.g. labor or hours worked. While the long run refers to a time period where a business can change all of its inputs. I.e. in the long run, all costs are variable.
E.g. If Van's lease contracts (restaurant and ovens) expired in 6 months, and he was then able to get a new place and enter new contracts, then the long run would be in 6 months. But under the current conditions, the long run is 4 years since that is when the lease contracts expire.
(a) Explain what a checking account transfer is and (b) explain how it helps you save.
Answers with Explanation:
1. A checking account transfer means that you are moving your money from your checking account to another bank account. This bank account could be yours or another person's. It is often done online.
2. A "checking account" allows a person to automatically transfer his money to his savings account on a regular basis or on a schedule. For example, a person has funds sitting on his checking account, some of these funds will be automatically transferred to his savings account. This gives him no excuses not to save money. Setting this up is conveniently done during paydays but may also be done on other days.
during reccesion, why high specialized is less likely to survive than diversified firm
Answer: mostly diversified companies should presumably survive in them. Given the ... dominance of specialized firms vs. diversifiers across a large set of industries. ... may even become less efficient than specialized firms, we expect than specialized firms ... we are more likely to observe vertical integration.
Explanation:
Prepare the general journal entry (without explanation) needed to close Net Income or Net Loss for the year end. Use compound entries where required. If no entry is required then write "No Entry Required."
Answer:
Closing entry for closing net profit / net loss for the year ended
Explanation:
In case of net profit, for the year ended closed -Profit & Loss a/c .. dr
to Capital ac
{Reason - As profit has credit balance, so nullifying by debiting it. And, profit increases capital, so capital a/c is credited}
In case of net loss, for the year ended closed -Capital a/c .. dr
to Profit & Loss ac
{Reason - As loss has debit balance, so nullifying by crediting it. And, loss decreases capital, so capital a/c is debited}
A step taken so that a reasonable person could assume that a business took appropriate safety measures is called ___________
Answer: Risk assessment
Explanation: This is known as risk assessment, the overall process of identifying all the risks to and from any activity and assessing the potential impact of each risk. This is achieved by assessing the likelihood that each risk will occur, and then combining the result according to an agreed rule to give a single measure of potential impact.
To have a thought about what aspect of a business, might cause harm and decide whether you are taking reasonable steps to prevent that harm is known as a risk assessment.
Garden Variety Flower Shop uses 930 clay pots a month. The pots are purchased at $3.90 each. Annual carrying costs per pot are estimated to be 10 percent of cost, and ordering costs are $10 per order. The manager has been using an order size of 2,000 flower pots.
Answer:
A.$151
B.38%
Explanation:
A. Calculation for What additional annual cost is the shop incurring by staying with this order size
First step is to calculate EOQ
Using this formula
EOQ = Square root(2*Annual demand*ordering cost/Holding cost per unit per year)
Let plug in the formula
EOQ =Square root (2*12*930*10/.39)
EOQ = 757 pots
Second Step will be to calculate the Annual cost when EOQ is used
Annual cost( EOQ )= (12*930/757)*10 + (757/2)*.39
Annual cost( EOQ )= $295
Third step is to calculate the Annual cost when 2000 pot is ordered
Annual cost ( 2000 pot is ordered) = (12*930/2000)*10 + (2000/2)*.39
Annual cost ( 2000 pot is ordered) = $445.8
Last step is to calculate the Additional annual cost
Additional annual cost = 445.8 - 295.04
Additional annual cost = $150.76
Additional annual cost=$151 (Approximately)
Therefore the Additional annual cost will be $151
B. Calculation for what benefit would using the optimal order quantity yield
About % of the storage space would be needed
= 757/2000
About % of the storage space would be needed
= 37.85% or 38%
Therefore the About % of the storage space would be needed is 38%
Identify the type of advertising based on the given scenario.
A soft drink manufacturing company is trying to venture into the Middle-Eastern market. They are conducting market research with regard to their target customers and their preferences. They have to be mindful of the mindset and beliefs of the people to penetrate the market.
When advertising they have to employ the
advertising tool
Answer:
Direct marketing
Explanation:
In simple words, Direct marketing can be defined as a means to convey an bid, through which companies communicate individually with a pre - specified client and provide a specific answer process. This method is also regarded, by professionals, as direct reaction advertising.
Thus, from the above we can conclude that the the company should employee direct marketing tools.
Answer: Cross-cultural advertising requires advertisers to consider different elements of demographics and culture. Marketers need to address cultural aspects and modify advertisements for various target customers. Advertising that emphasizes individuality and personal success is likely to receive a negative response in countries where the culture values teamwork over individual success. Likewise, businesses should avoid portrayals of rebellious behavior in hierarchical societies. Marketers must also learn about social and cultural taboos in order to avoid conflicts with religious or social sentiments. For example, McDonald’s retail outlets in Pakistan assure customers that they serve pork-free items because pork consumption is forbidden in Islam, a major religion in Pakistan.
Explanation:
:D
If you are trying to reduce the cost of college, which of the following strategies isLikely to save you the most money?
A.Purchasing used books
B.Attending a private college
C.Attending an in-state Public University
D.Living in an off-campus apartment
Answer:
C. Attending an in-state Public University
Explanation:
In most states you can get higher in-state scholarship and on-campus living.
If we are trying to reduce the cost of college, which of the following strategies is likely to save us the most money is Attending an in-state Public University. The correct option is c.
What is an in-state public university?In-state public university run by the state government of each of the states and territories of India, and are usually established by a local legislative assembly act. The University Grants Commission (UGC), draws its power from the University Grants Commission Act, 1956.
In addition, 15 Professional Councils are established, controlling different aspects of accreditation and coordination. The UGC publishes and regularly updates the lists of state universities. As of 16 November 2022, the UGC lists 459 active state universities. The oldest establishment date listed by the UGC is 1857, shared by the University of Calcutta, the University of Madras and the University of Mumbai.
Apart from the above universities, other institutions are granted the permission to autonomously award degrees.
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PROJECT: USING ADVANCED FORMULAS
Suppose you own a small business with ten employees. Small businesses use spreadsheets for a variety of reasons.
OBJECTIVES
Create a spreadsheet to track payroll.
Directions
Create a spreadsheet to calculate the your company's payroll, or how much you pay each employee and the total you pay all employees.
You pay your employees every two weeks, and for the last two weeks, your employees worked the following hours:
Employee 1: 78
Employee 2: 75
Employee 3: 80
Employee 4: 45
Employee 5: 50
Employee 6: 80
Employee 7: 65
Employee 8: 60
Employee 9: 78
Employee 10: 75
Your spreadsheet should calculate:
the total hours worked for each employee
the gross pay for each employee (pay rate is $12.50 per hour)
the state income tax for each employee (use 5.7%)
the Federal income tax for each employee (use 15%)
Social Security for each employee (use 3.5%)
the net pay for each employee by subtracting the income tax and Social Security from the gross pay
the total gross pay, total state income tax, total Federal income tax, total Social Security, and total net pay paid to all employees
When you finish your spreadsheet, estimate your answers to check for accuracy. Make any necessary corrections. Use formatting techniques to make your spreadsheet easy to read. Upload your spreadsheet using the Upload tool in the box below.
Answer:
Total hours worked for two weeks by all employees = 686 hours
Total Gross pay of all employees = $8,575.00
Total State income tax of all employees = $488.78
Total Federal income tax of all employees = $1,286.25
Total Social Security of all employees = $300.13
Total Net Pay of all employees = $6,499.85
Explanation:
Note: See the attached excel file for the calculation of the company's payroll or amount paid to each employee and the total amount paid to all employees on a spreadsheet as required by the question.
In the attached excel file, the following formula are used:
Gross pay for each employee = Pay rate of $12.50 per hour * Total hours worked for two weeks by each employee
State income tax for each employee = 5.7% * Gross pay for each employee
Federal income tax for each employee = 15% * Gross pay for each employee
Social Security for each employee = 3.5% * Gross pay for each employee
Answer:
here you go edmentum
Explanation:
Please help!
State the purpose of the email in as concise a way as possible.
O True
O False
True...
Email is a good way of communication instead of the use of a phone call or text. Email is very convient to businesses and companies.
What is the difference between a co-payment and co-insurance?
a. Co-payment refers to two spouses paying for the same coverage, and co-insurance refers to
two spouses receiving the same benefits.
b. A co-payment is a flat fee for each service, and co-insurance is based on a percentage of the
costs incurred.
c. Co-payment is when a group of individuals work to cover each other's medical expenses, and
co-insurance is when an individual has multiple insurance policies from different companies.
d. A co-payment is when an employer helps an employee pay for insurance premiums, and co- insurance is when an employer helps an employee find better insurance than they could alone.
Answer:
(a.)
Co-payment refers to two spouses paying for the same coverage, and co-insurance refers to two spouses receiving the same benefits.
Your healthcare coverage plan includes two different types of cost-sharing provisions: copayments (copays) and coinsurance. Thus, statement 'A' (Co-payment refers to two spouses paying for the same coverage, and co-insurance refers to two spouses receiving the same benefits) is the correct statement.
What is the difference between a co-payment and co-insurance?Before obtaining any additional services, a patient (who is insured) is expected to make a co-payment to a service provider, such as a health insurer (health maintenance organization, or HMO), for medical costs.
The amount that a patient (the insured) must pay for a claim or covered charge after a deductible has been met is known as co-insurance, and it is often stated as a percentage of the costs spent.
Your copays are set amounts that help offset the cost of medical care. Your estimated share of the cost of treatment is known as your coinsurance.
Therefore, option 'A' is the correct option.
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Answer ASAP
An entrepreneur wants to start a bakery. He wants to make a sales forecast for his first six months in business, so he obtains the sales records for all the successful bakeries in his state and uses the monthly average for his forecast. What mistake is he making in this process? A. It is impossible to make an accurate sales forecast for a new business, and attempting to do so will only set him up for failure and disappointment. B. He should not use data from bakeries in his own state, as it is unlikely that they will report accurate estimates to their potential competitor C. He should be looking at sales records for all the successful bakeries in the country, not just in his state. D. It is not likely that he will be able to match the sales volume of successful, established bakeries in his first six months.
The Mistake is he making in this process it is not likely that he will be able to match the sales volume of successful, established bakeries in his first six months. The correct option is D.
What is the importance of sales forecasting?A precise sales forecast enables businesses to efficiently allocate resources for future growth while also managing cash flow. Forecasting sales help create benchmarks for future trends and allow executives to make early course corrections. Revenue executives can optimize for more wins by aligning sales quotas with revenue goals.
Make a list of the products and services you offer. Estimate how much of each you anticipate selling. Define the unit price or monetary worth of each sold good or service. Divide the number of units sold by the price. Determine the cost of producing and selling each commodity or service.
Thus, the ideal selection is option D.
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Answer:
option d
Explanation:
it is not likely that he will be able to match the sales volume of successful, established bakeries in his first six months
You purchased 100 shares of stock value at $55 per share. The stock value increases to $85 per share what was the rate of increase?
Answer:
54.55%
Explanation:
The purchasing price is $55
Price has increased to $85.
The monetary increase = $85 - $55 = $30
As a percentage , the increase will be
=$30/$55 x 100
=0.545454 x 100
=54.5454%
=54.55%
here is a riddle
A man who was outside in the rain without an umbrella or hat didn’t get a single hair on his head wet. Why?
Answer:
he doesn't have hair
Explanation:
he won't get his hair wet if he doesn't have any
Type the correct answer in the box. Spell all words correctly. Which type of partnership should Adam and Donna choose? Adam and Donna have started their own business of making customized cell phone cases. However, Adam is also involved in another business and is not be able to dedicate time to the new business. He is willing to fund the business but is not able to help Donna in the daily operations. Donna suggests that they follow the partnership business structure.
Answer:
Limited
Explanation:
Is profit the same as cash flow?
Answer:
No
Explanation:
Cash flow refers to the money that flows in and out of your business. It's income and expenses.
Profit, however, is the money you have after deducting your business expenses from overall revenue. Both are important, but cash flow is essential to keep your business running in the here and now.
What is the safest way to make sure you are using a copyrighted image fairly? A. Do a Google image search. B. Save the image to your own computer. C. Rename the image. D. Ask the copyright owner for permission.
Answer:
Ask the CopyRight Owner for Perrmission
Explanation:
Asking the copyright owner for permission is the safest way to make sure you are using a copyrighted image fairly.
Answer:
Ask the CopyRight Owner for Perrmission
Explanation:
8. You just got paid and want to treat your friends to lunch at Sammy's Steakhouse . You have $ 850.00 in your account . The bill ends up being \$50.2 . How much is left in your account after you use your debit card to pay?
Answer:
is it C cause that makes sense
What kind of psychologist would someone who is dealing with the loss of a loved one most likely visit?
Answer:
Counseling psychologist
Explanation:
I just took the test! Good luck :)
reasons why biden/trump would make a good president WITHOUT mentioning the opposing canidate.
Answer:
please stop talking bout this stuff but biden is going to raise taxes and take away LGBTQ rights soo yeah that's not the best thing
Answer:
Trump will be a great president
Explanation:
VOTE FOR TRUMP
Please help for brainliest
Answer:
C balance
Explanation:
it shows balance when you withdraw money
think about a piece of fruit that you recently purchased. list the natural, labor, and capital resources needed to get it to you
Answer: Typically shipping fresh fruit or shipping fresh produce involves a few different steps which can slow down productivity. For example, fruits are loaded into a corrugated box then added to a pallet, then shrink wrap is added or banding is used to keep the boxes on the pallet.
Explanation:
Which is NOT a type of planning used by management?
A Short-term
B Deliberate
C Strategic
D Long-term
Answer:
B Deliberate
Explanation:
Planning involves thinking ahead of events. It entails preparing beforehand for future activities. Managers will engage in planning to ensure the business meets its objectives.
There are different types of plans. Manager can make short term or long term plans which are based on time. Strategic plans are about methodology or procedure. Deliberate is not a type of planning.
On January 1, 2020, Cullumber Company had Accounts Receivable $134,200, Notes Receivable $39,600, and Allowance for Doubtful Accounts $28,200. The note receivable is from Willingham Company. It is a 4-month, 8% note dated December 31, 2019. Cullumber Company prepares financial statements annually at December 31. During the year, the following selected transactions occurred.
Jan. 5 Sold $35,600 of merchandise to Sheldon Company, terms n/15.
20 Accepted Sheldon Company’s $35,600, 3-month, 7% note for balance due.
Feb. 18 Sold $23,900 of merchandise to Patwary Company and accepted Patwary’s $23,900, 6-month, 8% note for the amount due.
Apr. 20 Collected Sheldon Company note in full.
30 Received payment in full from Willingham Company on the amount due.
May 25 Accepted Potter Inc.’s $19,800, 3-month, 6% note in settlement of a past-due balance on account.
Aug. 18 Received payment in full from Patwary Company on note due.
25 The Potter Inc. note was dishonored. Potter Inc. is not bankrupt; future payment is anticipated.
Sept. 1 Sold $13,000 of merchandise to Stanbrough Company and accepted a $13,000, 6-month, 9% note for the amount due.
Consumers have certain rights that do NOT carry corresponding responsibilities.
Please select the best answer from the choices provided
T
F
Answer:
Explanation:Consumers have certain rights that do NOT carry corresponding responsibilities....(false is the answer)Match each type of media to the purpose that best suits it.
1. a graph
A. to demonstrate correct form for a dance
2. a video
B. to show the effect of poor eating habits on
the heart
3. a photograph
C. to illustrate the soulful features of jazz
4. a music recording
D. to represent numerical facts on the world
population over the years
Answer:
music recorecording: to illustrate the soulful features of jazz, a graph:to represents numerical facts on the world population over the years, a photograph:to show the effect of poor eating habits on the heart, video:to demonstrates correct form for a dance.
Explanation:
Explain why you have to pay late fees with a credit card, but not with a debit card?
Answer:
because a credit card you are taking loans from your bank company but with a debit card it's the money you're putting on the card
When people use a credit card, their bank gives you loans, however when you use a debit card, it's your own money that gets put on the card.
What is debit card?A form of plastic money or currency is a debit card. You can use it to make purchases even when you don't have any cash. Savings account holders typically receive a debit card that is linked to their account from banks. Every transaction performed with your debit card is detailed in your bank statement.
When you use a debit card to make a purchase, the money is almost immediately taken out of your checking account to pay for the goods. The money will be charged to your line of credit when you use a credit card, providing you more time to make the payment because it will be due later.
Thus, When people use a credit card, their bank gives you loans.
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Which of the following is an
example of an operative
employee?
Explanation:
I just did this yesterday!
its assembled line worker