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Naddika [18.5K]
3 years ago
8

Morgan is moving to a new city. Select all of the factors she should consider when selecting a new financial institution.

Business
2 answers:
svet-max [94.6K]3 years ago
7 0
Fees- Everything has a cost. Especially institutions, that are public.

Minimum Balance needed in an account-
If you are considering to buy anything, be sure to know your average amount of dollars you have, to know how much money you can spend. Be sure to have some left over.

Interest rates- The percentage you are being charged for. Be sure to have money left over for it.

Services- Pick the best services.
White raven [17]3 years ago
5 0

Answer:

minimum balance needed in an account, ATM's available, services, fees, and FDIC insured

Explanation:

Minimum Balance Needed in an Account-This allows her to know if she is even eligible for the insitiution due to her spending habits. If she doesn't think she's able to have that minimum amount at all times, then it will result in avoidable fees.

ATM's Available-This way she can know how accessable her money is to her. Based on her needs, she may need it to be more accessable. This is a factor in deciding which institution to use because some banks charge fees for using other banks ATM's.

Services-When joining a new institution, you want to know what they're able to do for you. If you want a financial institution with a safe deposit box and the one you're considering doesn't have them, you know it's not the right fit.

Fees-When choosing an institution, it's best to know upfront the amounts you are at risk of paying. There may be months were mistakes happen and you need to pay the fees.

FDIC insured-If something happens to the institution, you want to know that you are able to get a portion of your money back. This protects you from losing everything.

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Read 2 more answers
Suppose you know that a company’s stock currently sells for $66.70 per share and the required return on the stock is 12 percent.
Kobotan [32]

Answer:

$3.78

Explanation:

The computation of current dividend per share is shown below:-

Dividend yield = Capital gains yield

= (12% ÷ 2)

= 6%

Dividend yield = Annual Dividend for next year ÷ Current price

Annual Dividend for next year = ($66.7 × 6%)

= $4.002

So,

The Current dividend per share = Annual Dividend for next year × (1 + interest rate)

= $4.002 ÷ (1 + 0.06)

= $4.002 ÷ 1.06

= $3.78

8 0
3 years ago
With regards to the sequence of steps in the team-building process which of the following is correct? Establishing a team missio
Tcecarenko [31]

Answer:

e) Problems or opportunity in team effectiveness; data gathering and analysis; planning for team improvements; actions to improve team functioning; and evaluation of results

Explanation:

The options are not given in the question

Kindly find the following options

b) Planning for team effectiveness; data gathering and analysis; establishment of team goals and objectives; implementing team goals; and evaluation of results

c) Establishing a team mission statement; team cohesiveness training; data gathering and analysis; actions to improve team functioning; and implementing team goals

d) Planning for team effectiveness; team goal setting; implementing team goals, evaluation of results; and reassessment of team goals

e) Problems or opportunity in team effectiveness; data gathering and analysis; planning for team improvements; actions to improve team functioning; and evaluation of results

Team building is a process of the grouping of two or more employees in order to accomplish the company goals and objectives. It helps to identify the problems while achieving the company goals. Moreover, it also helps in gathering the data for the benefit of the company so that the targets of the company could be met within the prescribed time. And, at last the results are also evaluated

It also motivates the employees in order to perform their task in a better way

Hence, option e is correct

8 0
3 years ago
In addition to the above costs, if Quirch produces part PQ107, it would have a retooling and design cost of $9,800. The relevant
dem82 [27]

Answer:

$149,000

Explanation:

Computation for the relevant costs of producing 2,400 units of product PQ107 internally

Using this formula

Relevant Costs = Incremental Costs = Incremental Variable Costs + Incremental

Let plug in the formula

Relevant Costs = [(2,400 units × $31/unit) + (2,400 units × $19/unit) + (2,400 units × $8/unit)] + $9,800

Relevant Costs=$74,400+$45,600+$19,200+$9,800

Relevant Cost =$149,000

Therefore the relevant costs of producing 2,400 units of product PQ107 internally are $149,000

7 0
2 years ago
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