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alexgriva [62]
4 years ago
8

Banks pay their customers interest on the money in their accounts for what reason? A. That money earns interest when the bank lo

ans it out. B. They are sharing the bank's profits instead of paying dividends. C. The government sets a minimum interest rate for customers. D. They want to keep their customers happy so they'll be loyal.
2b2t
Business
1 answer:
Bezzdna [24]4 years ago
4 0

Answer:

A. That money earns interest when the bank loans it out.

Explanation:

Banks pay their customers interest on the money in their accounts because that money earns interest when the bank loans it out.

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Adelberg Company has two products: A and B. The annual production and sales of Product A is 1,900 units and of Product B is 1,30
Elden [556K]

Answer:

$60.53 per DLH

Explanation:

Calculation for what the predetermined overhead rate under the traditional costing system is closest to:

First step is to calculate the Direct Labor hours each product

Using this formula

Direct Labor hours=Annual production and sales*Direct Labor hour per unit

Direct Labor hours for Product A=1,900 units*0.4 direct labor-hours per unit

Direct Labor hours for Product A=760

Direct Labor hours for Product B=1,300 units*0.7 direct labor-hours per unit

Direct Labor hours for Product A=910

Second step is to calculate the Total Direct Labor hours for Product for Product A and Product B

Product A and B Total Direct Labor hours for Product =760+910

Product A and B Total Direct Labor hours for Product=1,670

Now let calculate the predetermined overhead rate under the traditional costing system using this formula

Predetermined overhead rate =Estimated Overhead/Activity base(Direct Labor Hours)

Let plug in the formula

Predetermined overhead rate=$101,075/1,670

Predetermined overhead rate=$60.53 per DLH

The predetermined overhead rate under the traditional costing system is closest to:$60.53 per DLH

8 0
3 years ago
Each year, you must file ____________________.
ikadub [295]

According to the Internal Revenue Services and the tax code, each year, you must file "<u>your </u><u>federal taxes </u><u>and </u><u>state taxes</u><u> if your state requires it</u>"

Individuals are required to pay taxes to the federal government and the state government.

There are various types of taxes available, some of which include the following:

  • Income Tax
  • Payroll Tax
  • Excise Tax
  • Corporate Tax, etc.

All these taxes are paid to the federal government and state if they require it.

Hence, in this case, it is concluded that the correct answer is option D. "your federal taxes and state taxes if your state requires it."

Learn more about tax here: brainly.com/question/16381818

3 0
3 years ago
The December 31, 2015, balance sheet of Schism, Inc., showed long-term debt of $1,445,000, $149,000 in the common stock account,
Misha Larkins [42]

Answer: $633,500

Explanation:

Cash flow to creditors:

= Interest Paid - (2016, Long term debt - 2015, Long term debt)

= $98,500 - ($1,670,000 - $1,445,000)

= -($126,500)

Cash flow to stockholders:

= Dividend paid - [(2016 common stock account + 2016 additional paid in surplus) - (2015 common stock account + 2015 additional paid in surplus)]

= $154,000 - [($159,000 + $3,040,000) - ($149,000 + $2,740,000)]

= -($156,000)

Therefore,

Cash flow from assets = Cash flow to creditors + Cash flow to stockholders            

                                     =  -($126,500) + (-$156,000)

                                     = -($282,500)

Hence,

Operating cash flow = Cash flow from assets + Capital spending + Change in working capital

                                  = -($282,500) + $1,050,000 + (-$134,000)

                                  = $633,500

5 0
3 years ago
A company makes a $5 profit on each non-faulty product it sells. Approximately 2% of the products manufactured are faulty, with
Harlamova29_29 [7]

Based  on the information given the profit per item is $2.90.

First step is to calculate the company profit

Profit=(100%-2%)×$5

Profit=98%×$5

Profit=$4.9

Second step is to calculate the profit per item

Profit per item=$4.9-($100×2%)

Profit per item=$4.9-$2

Profit per item=$2.90

Inconclusion  the profit per item is $2.90.

Learn more here:brainly.com/question/1656767

5 0
3 years ago
Whee would I go in excel if I wanted to fill and entire cell with 1 color
maks197457 [2]
I don't know how to explain it good in words but if you click on it it will just be a text right... so I'm pretty sure you just right click and there should an option to color the box.
If not I'm sure there is a option on the bar on the top.

Sorry if I'm wrong I haven't used excel in a while I jpjust use google sheets.
6 0
4 years ago
Read 2 more answers
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