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laiz [17]
3 years ago
14

to earn as much interest as possible, you should open a savings account that earns _______ interest and has the ______ interest

rate.a: compound; lowestb: compound; highestc: simple; lowestd: simple; highest
Business
1 answer:
sineoko [7]3 years ago
8 0
I think the correct answer from the choices listed above would be option A. <span>To earn as much interest as possible, you should open a savings account that earns compound interest and has the lowest interest rate. Hope this answers the question. Have a nice day.</span>
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Boney Corporation processes sugar beets that it purchases from farmers. Sugar beets are processed in batches. A batch of sugar b
uysha [10]

Answer:

Financial advantage of further processing = $22

Explanation:

As per the data given in the question,

Cost of batch = $51

Processing cost of batch = $10

Total cost of batch of sugar beets = $51 + $10 = $61

Sale of beet fiber without further processing = $21

Sale of juice fiber without further processing = $42

Total sale value =$21+$42 = $63

Cost of sugar beets = $61

Loss on sale without further processing = $63 - $61 = $2

Financial advantage :

Sale value = $59

Processing cost = $11

Incremental advantage = $59 - $11 = $48

Sale value of refined sugar = $59

Processing cost = $24

Incremental advantage = $59 - $24 = $35

Total Incremental advantage = $48 + $35 = $83

Total cost of beet sugar = $61

Financial advantage of further processing = $83 - $61 = $22

Hence, the batch of sugar beets would loss of $2 if not processed further but sold as beet fiber and beet juice.

The batch of sugar beets would earn a profit of $22 when processed further.

4 0
3 years ago
List two effects of the invention of the cotton gin.
kogti [31]

Answer:

While it was true that the cotton gin reduced the labor of removing seeds, it did not reduce the need for slaves to grow and pick the cotton. In fact, the opposite occurred. Cotton growing became so profitable for the planters that it greatly increased their demand for both land and slave labor.

4 0
3 years ago
Read 2 more answers
On her way to a concert, Hermione stopped at a restaurant for dinner. In her purse, she had 12 bills worth a total of $40. She h
katovenus [111]

The correct statement will be that the maximum number of $5 bills that can be in Hermione's purse will be 7. So, the correct option that matches the statement is D.

The number of bills of $5 are seven, as Hermione also has at least one bill of $1.

<h3>Calculation of bills. </h3>

  • Considering Hermione has at least one bill of $1, then the computation of total bills out $40 can be shown as below,

  • 40= 1+x

  • where <em>x </em>is the number of $5 bills

  • So we know that the maximum number of bills of $5 that can be kept by Hermione is 7 as $35 is the nearest number possible and seven bills of $5 will constitute $35.

Hence, it can be concluded that option D is correct that there are seven bills of $5 in the purse of Hermione and hence there will be five bills of $1  in her purse.

Learn more about bills here:

brainly.com/question/16405660

3 0
3 years ago
Henry Garrison starts the month with a balance on his credit card of $1,130. The average daily balance for the month, including
hoa [83]

Answer:

Interest expense $ 11.15

Explanation:

As the bank uses the average daily balance excluding new purchases we should use that amount to solve for the interest expense.

The rate is one and a half percent therefore, 1.5% --> 0.015

principal x rate = interest

$743 x 0.015 = $ 11.145

3 0
4 years ago
Walker Telecommunications has a quick ratio of 2.00x, $35,550 in cash, $19,750 in accounts receivable, some inventory, total cur
Oduvanchick [21]

Answer:

Option C: 8.44 times

Explanation:

Quick ratio(also called as acid test ratio) is the indicator of a company's liquidity position at a very short period which only considers the most liquid assets and ignores Inventory & other assets which cannot be realised immediately.

As we know that Quick Ratio = [Current Assets - Inventory - Prepaid Assets] / Current Liabilities

2.00 = $79,000 - Inventory - 0] / $27,650

=> Inventory = $23,700‬

Inventory turnover ratio gives us the number of times the company sells and replaces its inventory during the period.

Annual Sales = $200,000

Inventory Turnover Ratio = Sales / Average Inventory

=> $200,000 / $23,700 => 8.44 times

8 0
3 years ago
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