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olga_2 [115]
1 year ago
12

which account option features a note issued by a bank to a depositor for funds placed for a set period? certificate of deposit c

hecking savings money market
Business
1 answer:
SashulF [63]1 year ago
6 0

An account option which features a note that is issued by a bank to a depositor for funds placed for a set period of time is; A. certificate of deposit.

<h3>What is a certificate of deposit (CD)?</h3>

A certificate of deposit (CD) can be defined as a secured form of time-bound deposit and a special low-risk savings account that is typically issued by a financial institution (bank) to its customers, wherein an amount of money (lump-sum) are left with the bank for a specific period of time, in exchange for an interest rate premium.

This ultimately implies that, a certificate of deposit (CD) pays a higher interest rate to its holder than other regular savings account because banks usually invest this money (lump-sum) in a business, so as to make profit.

Additionally, a bank's certificate of deposit (CD) is protected and insured by the Federal Deposit Insurance Corporation (FDIC) for up to $250,000, so it's somewhat safer than other investment options.

In this context, we can reasonably infer and logically deduce that a savings account option which features a note that is issued by a financial institution (bank) to a depositor for funds that are placed for a set period of time is referred to as a certificate of deposit.

Read more on certificate of deposit here: brainly.com/question/28190396

#SPJ1

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The fasb's conceptual framework classifies gains and losses based on whether they are related to an entity's major ongoing or ce
andre [41]

These gains and losses may be described or classified as either operating or nonoperating, depending on their relation to an entity's major ongoing or central operations.

<h3>What does Conceptual Framework say about profit and loss?</h3>
  • The Exposure Draft proposed that, because profit or loss is the primary source of information about an entity's financial performance for the period, the framework should include a presumption that all income and all expenses will be included in that statement.
  • The FASB's conceptual framework classifies gains and losses based on whether they are related to an entity's major ongoing or central operations.
  • Nonoperating are “other” gains and losses.

To learn more about Fasb gain and loss, refer

to brainly.com/question/24448358

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7 0
2 years ago
Mars Inc. produces 100,000 boxes of Snickers bars which sell for $4 a box. If variable costs are $3 per box, and it has $150,000
IceJOKER [234]

Answer:

It should continue the production in the short-run.

Explanation:

Given the unit produced by Mars Inc. = 100000 boxes.

The selling price of boxes = $4 per box.

The variable costs = $3 per box.

The fixed costs = $150000

The total sales revenue = number of boxes × selling price

= 100000 × 4

= $ 400000

In the short run, the firm should continue its production because it still covers the variable costs.

8 0
3 years ago
You and nine of your wealthy friends decide to purchase a local minor league baseball team. The purchase price is $15 million, 6
worty [1.4K]

Answer:

Limited liability company

Explanation:

A limited liability company is a company where the liabilities of partners is limited to the amount invested in the company. A limited liability company has features of both a partnership and a sole proprietorship

The partnership is made up of a general partner and the limited partners. the general partner is involved in the daily running of the business. The limited partners are not involved in the daily running of the business. They just contribute capital.

In this question, the person involved in the running of the business is the general partner while the other 9 friends are the limited partners.

4 0
3 years ago
The management of Penfold Corporation is considering the purchase of a machine that would cost $270,000, would last for 5 years,
Lorico [155]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Initial investment= $270,000

Cash flow= $60,000

Number of years= 5

Discount rate= 12%

<u>To calculate the net present value (NPV), we need to use the following formula:</u>

NPV= -Io + ∑[Cf/(1+i)^n]

∑[Cf/(1+i)^n]:

Cf1= 60,000/1.12= 53,571.43

Cf2= 60,000/1.12^2= 47,831.63

.....

Cf5= 60,000/1.12^5= 34,045.61

∑[Cf/(1+i)^n]= 216,286.57

<u>Now, the NPV:</u>

NPV= -270,000 + 216,286.57

NPV= -53,713.43

5 0
3 years ago
The Miller family owns and operates an interior decorating business. Henry installs hardwood floors and chair rails; Chloe reuph
oksian1 [2.3K]

Answer:

A. specialization.

Explanation:

Specialization refers to dividing the job in different tasks and assigning a person to perform each one which makes that each person becomes an expert in the specific area. This could help to increase productivity, especially in manufacturing. This is the process the Miller family uses because they have divided the tasks and assigned each of them to a person.

4 0
3 years ago
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