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Anettt [7]
2 years ago
10

What is the safest option when it comes to storing money?

Business
1 answer:
Sunny_sXe [5.5K]2 years ago
6 0
Hi there! There is no 100% safest option when storing money. It depends on the amount, and specific options. For example : personal safe/ vault in secured and well protected home. Another example would be a bank, with low security. I believe it is circumstantial. I think it is best to have a secured personal house/ building with high security. Hope this helps! : )
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A company sold 10,000 shares of its common stock at par value for a total of $45,000. What two accounts are affected by the tran
noname [10]

Answer:

Cash and contributed capital

Explanation:

The journal entry to record the sale of common stock is shown below:

Cash A/c Dr $45,000

   To Common stock A/c $45,000

(Being the common stock is sold)

For recording this transaction, we debited the cash account as the sale is made which increases the asset and credited the common stock account because the common stock is sold which reduces the equity balance.

8 0
3 years ago
A company developed the following per-unit standards for its product: 2 pounds of direct materials at $4 per pound. Last month,
olga nikolaevna [1]

Answer:

Direct Material Price Variance = $300 Favorable

Explanation:

Direct Material Price Variance = (Standard Price - Actual Price) \times Actual Quantity

Standard Price = $4 per pound

Actual Price = \frac{Actual\ Cost}{Actual\ Units} = \frac{5,700}{1,500} = 3.8

Since the actual price is less than the standard price the variance will be favorable as the amount paid for actual use is less then the estimated standard cost.

Thus, direct material price variance = ($4 - $3.8) \times 1,500

= $300 Favorable

7 0
2 years ago
All companies operate in a broad ______-environment that is made up of six components, including political factors and technolog
Helen [10]

Answer:

The word that is underlined, that's the answer;<u> </u><u>Macro</u>

Explanation:

hope this helps.

4 0
2 years ago
Commercial paper investments are ___. (Select all that apply.)
Nataly [62]

Answer: Less than one year, guaranteed returns , and a money market product

What I put for my answer think its right

Explanation:

7 0
3 years ago
Describe what would be some examples of fixed cost and variable cost on a farm?
EleoNora [17]
Machinery repairs, property taxes, salaries for workers variable: number of workers, what crop is being produced, gas for machinery.
4 0
3 years ago
Read 2 more answers
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