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Bumek [7]
2 years ago
13

Natasha has $1000 to open a checking account. She can maintain a monthly balance of $600. She also has a savings account at the

same bank. Her employer offers direct deposit and she plans to use online bill paying. She writes about eight checks per month. She currently uses the ATM machines at several different banks. Natasha sometimes overdraws her account. Bank Account Terms and Conditions Natasha wants an account with the lowest fees. Which checking account would be best for Natasha
Business
1 answer:
USPshnik [31]2 years ago
5 0

Based on Natasha's preferences and the conditions offered by banks to her, the checking account that would be best is<u> Account A. </u>

<h3>Why is Account A best for Natasha?</h3>

She has $600 is more than the $500 minimum balance required. She will not have to pay ATM fees for withdrawing from other bank ATMs.

She won't get charged for online bill payments and because she has a savings account, her overdraft fees would be $0. She can also write as many checks as she wants.

Find out more on picking bank accounts at brainly.com/question/11463590.

#SPJ12

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Suppose the S&amp;P 500 Index has an average return of 11.2% with a standard deviation of 23.7%, and the average return on Wells
scoundrel [369]

Answer:

Beta = 1.46

Explanation:

Firstly, we need to calculate covariance of S&P 500 return and Well Fargo stock return, using below formula:

Correlation coefficient between Wells Fargo stock return and the S&P 500 Index return = Covariance of S&P 500 return and Well Fargo stock return/(Standard deviation of S&P 500 return x Standard deviation of Well Fargo stock return), or

0.82 = Covariance of S&P 500 return and Well Fargo stock return/(0.237 x 0.423). Solve the equation we get Covariance of S&P 500 return and Well Fargo stock return = 0.082.

Secondly, we calculate beta of S&P 500 return and Well Fargo stock return, using below formula:

Beta = Covariance of S&P 500 return and Well Fargo stock return/Variance of S&P 500 return

       = 0.082/(0.237)^2 = 1.46

4 0
3 years ago
For the year, Uptowne Furniture had sales of $818,790, costs of $748,330, and interest paid of $24,450. The depreciation expense
slava [35]

Answer:

Dividend paid in current year = $6,898

Explanation:

Calculating net profit

Sales = $818,790

Less: Costs = $748,330

Less: Interest = $24,450

Less: Depreciation = $56,100

Earning before taxes = Loss (10,090)

Tax benefits = $10,090 \times 34% = $3,431

Net losses = $10,090 - $3,431 = $6,659

Opening retained earnings = $172,270 Less: Losses for the year = $6,659

Balance = $165,611

Less: Closing balance = $158,713 = $6,898

Thus<u> amount of dividend paid in current year = $6,898</u>

Change in value of common stock will not be considered.

5 0
3 years ago
True or false?
Brrunno [24]
The answer would be true
4 0
3 years ago
Read 2 more answers
The centralized computer technology department of Hardy Company has expenses of $78,400. The department has provided a total of
Artemon [7]

Answer:

Expenses to be apportioned to Retail Division $68,992

Expenses apportion to Commercial Division

$9,408

Total Expenses $ 78,400

Explanation:

Hardy Company Computer Technology Dept. expenses to be apportioned to Retail Division and Commercial Division.

Total Expenses $ 78,400

Hours used by Retail Division 9,856

Hours used by Commercial Division 1,344

Total hours put in by Computer Tech Dept. 11,200 Hours

Therefore, expenses to be apportioned to Retail Division

= 9,856/11,200 X $ 78,400

= $68,992

Expenses apportion to Commercial Division

= 1,344/11,200 X $78,400 = $9,408

Total Expenses $ 78,400

6 0
3 years ago
Blanchard talks about servant leadership, and Jim Collins talks about Level 5 executives. What do servant leaders and Level 5 ex
Mekhanik [1.2K]

Answer: Both types of leaders have humility as a core personal characteristic

Explanation:

Servant leadership is a form of leadership philosophy whereby the lender's main goal is to serve and the leaders are humble. Level 5 leaders are humble and incredibly ambitious.

Therefore, servant leaders and Level 5 executives have in common is that both types of leaders have humility as a core personal characteristic

6 0
4 years ago
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