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3 years ago

Which savings account will earn you the least money?

Business

1 answer:

netineya [11]3 years ago

8 0

Answer:

C. One that earns simple interest monthly.

Explanation:

The savings account produces interest revenues. It can produce either simple interest or compounding interest. Among those, compounding interest rates generate more interest than simple interest. Therefore, simple interest can generate low interest. Therefore, options B and D are incorrect.

Option A is incorrect also because if we get daily interest from the savings account, it will create more revenues. On the other hand, as we get monthly interest, we will receive a one-time payment. Therefore, Option C is correct, and it pays the least money.

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Billy Mitchell is the head cashier for a clothing store that specializes in men’s silk suits. After losing big at the local dog

VARVARA [1.3K]

Answer: Fictitious refunds

Explanation:

A fictitious refund scheme, occurs when a fraudster processes a transaction to look as if a customer was returning a merchandise, even though there was no actual return. While some fraudsters create an entirely fictitious refund, other fraudsters just overstate the amount of a legitimate refund that took place and steal the excess money.

Billy Mitchell covering his gambling debts, issuing several refund credits to his personal credit card for amounts that were below the store’s review limit is an example of fictitious refund scheme.

4 0

4 years ago

Thao is interested in construction and architecture. She would like to become a Civil Engineer in the future.

Dominik [7]

Building, construction, and maintenance of physical architecture is a profession of civil engineering.

Whenever students would like to continue pursuing their civil and structural careers, they require specific skills to be competent in their choice of job.

The competencies that also conform to the civil engineering career seem to be:

Skilled in mathematics, science, and computer design.
Likes mechanically inclined to work with her hands.
Good, patient, and persistent communicating.
It could be use to discuss ideas and subjects, defend them and negotiate.

Learn more:

brainly.com/question/11315203

5 0

3 years ago

Which of the following is unlikely to be a primary building block in a company's organizational structure?

pishuonlain [190]

Answer and Explanation:

The correct answer is option C

C. Empowered employee departments

7 0

3 years ago

Ortega Industries manufactures 15,000 components per year. The manufacturing cost of the components was determined to be as foll

Nadya [2.5K]

Answer:

A. $30,000 decrease

Explanation:

Ortega Industries

Direct materials $ 150,000

Direct labor 240,000

Variable manufacturing overhead 90,000

Fixed manufacturing overhead 120,000

Total Manufacturing Costs for 15000 units is $ 600,000

Total Manufacturing Costs per unit= Total Costs/ Total units= $600,000 / 15000= $ 40

An outside supplier has offered to sell the component to Ortega for $34.

Profit per unit = $ 6

Profit for 15000 units = $6*15000= $ 90,000

The fixed manufacturing overhead reflects the cost of Ortega's manufacturing facility= $ 120,000 Which cannot be used for any other facility.

Unavoidable Fixed Costs= $ 120,000

Less Profits= $ 90,000

Decrease in operating Profits $ 30,000

If Ortega Industries purchases the component from the outside supplier, the effect on operating profits would be a $30,000 decrease because after the profit of $ 90,000 cancel the effect of fixed costs of $ 90,000 the fixed costs of $ 30,000 will still be unavoidable and cannot be used for any other facility.

4 0

3 years ago

Samson Company reported total manufacturing costs of $320,000, manufacturing overhead totaling $52,000, and direct materials use

Bingel [31]

Answer:

Direct labor cost is $204,000

Explanation:

Total manufacturing costs $320,000

Manufacturing overhead $52,000

Direct materials used $64,000

How much is direct labor cost ?

Total Manufacturing is all the cost used to manufacture a product by the company. It included all direct and indirect expenses incurred during the period for manufacturing a product.

Use following formula to calculate the Direct labor cost:

Manufacturing cost = Direct Expenses + Manufacturing Overhead

Manufacturing cost = ( Direct Material Expense + Direct labor Expense) + Manufacturing Overhead

$320,000 = ( $64,000 + Direct labor Expense) + $52,000

$320,000 = $64,000 + Direct labor Expense + $52,000

$320,000 = $116,000 + Direct labor Expense

Direct labor Expense = $320,000 - $116,000

Direct labor Expense = $204,000

6 0

4 years ago