<span><span>Checking accounts: best for unrestricted access to funds; typically worst for earning interest.
</span><span>
Savings accounts: good for earning some interest with quick access to funds.
</span><span>
Money market accounts: can have higher interest than savings accounts, plus some check-writing and ATM access.
</span><span>
Certificates of deposit (CDs): highest interest rates in exchange for most-limited access to funds</span></span>
Answer:
11.86%
7.13%
19.95%
8.97%
Explanation:
interest rate = 
(317/181)^ (1/5) - 1 = 11.86%
1080/335)^(1/17) - 1 = .13%
(185,382/48,000)^(1/13) - 1 = 19.95%
(531,618 / 40,353)^(1/30) - 1 = 8.97%
Answer:
$2,450 Unfavorable
Explanation:
The computation of material price variance is shown below:-
Material price variance = ( Standard Price - Actual Price ) × Actual Quantity of materials purchased
= $17.40 - ($124,250 ÷ 7000) × 7,000
= ($17.40 - $17.75) × 7000
= $2,450 Unfavorable
Therefore for computing the material price variance we simply applied the above formula.
Based on the organizational activities model, the importance of stationery and information sources in the effective and efficient operation of an organization includes "<u>the source of quality and quantity data on the production input</u>."
Some other importance of stationery and information sources in the effective and efficient operation of an organization includes the following:
- It serves as the place to gather data about the strengths and weaknesses of the firms.
- It is also the source to gather the information opportunities and threats of the organizations.
- It is also a source of keeping records of finance, employees, success, and failures of the firms.
Hence, in this case, it is concluded that the stationery and information sources in an organization are vital to its success.
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