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suter [353]
3 years ago
14

After Xavier and Alyssa deposited nearly $55,000 in a savings account at Bigbux Bank, the bank failed and filed for bankruptcy.

Because the Bigbux was an FDIC member bank, Xavier and Alyssa:_______
Business
2 answers:
aleksandr82 [10.1K]3 years ago
4 0

Answer: should be protected due to the fact that their account is insured by FDIC.

Explanation:

From the question, we are informed that after Xavier and Alyssa deposited nearly $55,000 in a savings account at Bigbux Bank, the bank failed and filed for bankruptcy but that the Bigbux was an FDIC member bank.

Based on the above scenario, Xavier and Alyssa should be protected due to the fact that their account is insured by FDIC. Since the bank is insured, their money is safe.

algol133 years ago
3 0

Answer:

Should be okay because their account is fully insured by the FDIC

Explanation:

The Federal Deposit Insurance Corporation (FDIC) is an agency that was formed to protect depositors of US depository organisations.

They provide a standard deposit insurance amount of $250,000 per account for each insured bank and for each account ownership category.

So for example if a client owns multiple savings accounts there will be coverage of $250,000 for all accounts in this category.

In this scenario Xavier and Alyssa are covered because their account balance is below $250,000.

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vodka [1.7K]

Answer:

Stakeholder participation,

Explanation:

That help a lot in different things like it give support from different ways

Also about the money sharing well help more to get more money

so yah I think that so

4 0
2 years ago
A job was timed for 60 cycles and had an average of 1.2 minutes per piece. The performance rating was 95 percent, and workday al
Igoryamba

Answer and Explanation:

The computation is given below:

a) Observation time is

= Average time

= 1.2 minutes

b) Normal time is

= Observation time × performance rating

= 1.2 minutes × 0.95

= 1.14 minutes

c. The standard time is  

= Normal time × allowance factor

= 1.14 × 1.11

= 1.265 minutes.

The allowance factor is  

= 1 ÷ (1 -  Allowances)

= 1 ÷ (1 - 0.1)

= 1.11

8 0
3 years ago
All of the following options are good tips for borrowing money EXCEPT...
Jlenok [28]
I would say B. Quick cash loans. Interest rates are very high & not a good idea in borrowing money. They are designed for people who have poor credit ratings & have no other means to borrow money.
5 0
2 years ago
Alternative workplaces are intended to a. limit the flexibility employees have in scheduling work. b. accommodate a narrower ran
Eduardwww [97]

Alternative workplaces are intended to enhance employee motivation and performance.

<h3>What is alternative workplace?</h3>

Alternative workplace are provisions made b a company to its employees, to carryout their routine duties other than their normal offices. This tends to give freedoms to workers in carrying out their duties.

The purpose of alternative workplace is to break the bond between workplace and work performance.

Hence, alternative workplaces are intended to enhance employee motivation and performance.

Learn more about alternative workplace here : brainly.com/question/20412413

6 0
2 years ago
Consider Pacific Energy Company and U.S. Bluechips, Inc., both of which reported earnings of $967,000. Without new projects, bot
kirill115 [55]

Answer and Explanation:

The computation is shown below:

a. Current PE ratio is

For Pacific energy company

= Price ÷ Earnings

= ($967,000 ÷ 0.13) ÷ ($967,000)

= 7.69 times

For U.S Bluechips

= Price ÷ Earnings

= ($967,000 ÷ 0.13) ÷ ($967,000)

= 7.69 times

b. The new PE ratio is

= Price ÷ Earnings

= (($967,000 + $117,000) ÷ 0.13) ÷ ($967,000)

= 8.62 times

c. The new PE ratio is

= Price ÷ Earnings

= (($967,000 + $217,000) ÷ 0.13) ÷ ($967,000)

= 9.42 times

6 0
2 years ago
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