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MatroZZZ [7]
3 years ago
11

The federal deposit insurance corporation (fdic) insures each depositor at a commercial bank, savings and loan association, or m

utual savings bank up to a loss of ________ per account
Business
1 answer:
Salsk061 [2.6K]3 years ago
4 0
The amount the FDIC insures is $250,000
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The LeMond Corporation just purchased a new production line. Assume that the firm planned to depreciate the equipment over 5 yea
hammer [34]

Answer:

c. LeMond's net fixed assets as shown on the balance sheet will be higher at the end of the year.

Explanation:

Provided information,

There is a purchase of new production line. On which the company plans to charge depreciation as per straight line method for 5 years. As per the recent amendment the company has to charge depreciation fr 7 years under straight line method.

Thus, depreciation per year will be decreased.

As depreciation is an expense which is going to decrease with increase in duration, therefore, income will increase and accordingly taxes will increase.

Also the net balance of fixed assets will be higher, as depreciation is less.

Therefore, correct statement is

c. LeMond's net fixed assets as shown on the balance sheet will be higher at the end of the year.

8 0
3 years ago
Companies facing the challenge of setting prices for the first itme can choose between two board strategies; marketing-penetrati
Alika [10]

The correct question should be:

Companies facing the challenge of setting prices for the first time can choose between two board strategies; marketing-penetration pricing and _______ pricing.

Answer: Market Skimming pricing.

Explanation:

A company with a product new to the market can either choose to use the market penetration pricing or the market skimming pricing.

The market penetration pricing works best in a market with a lot of competition. The penetration pricing is a kind of pricing a company uses where the price of it's Products are set to be very low to attract price-sensitive consumers and still make profit.

The market skimming pricing on the other hand is a price setting method where a high entry price is set for a new product and then subsequently reduced with increase in market competition.

5 0
4 years ago
Thomas was thinking about the car he wants to buy in a few years. He does not know what he should do now so that he can buy the
Otrada [13]

Thomas needs to think what it is he needs to buy the car.  That is cash (money).  What does he need to do to get money? He needs a job.  Once he has a job and starts getting paid, he needs to SAVE the amount required for the down payment, unless he has the money to buy it cash! Meaning he can pay it in full.  If he is only paying for the down payment, then he needs to make sure he has good credit to qualify for a loan on the remaining balance.


All in all he needs a plan!

4 0
4 years ago
What are two inputs to the solution vision?
Bumek [7]

Customer feedback and Strategic Themes are two inputs to the solution vision.

A high-level architectural plan that addresses present company needs is a solution vision. These requirements include the architectural layer changes. As modifications in architecture are never the intended goal alone, it always has business benefit.

The Vision provides a summary of the developed Solution's potential future state. It reflects the features and capabilities that have been offered to address the needs of customers and stakeholders.

Learn more about solution vision here

brainly.com/question/21278925

#SPJ4

3 0
2 years ago
You want to go to Europe 5 years from now, and you can save $7,300 per year, beginning one year from today. You plan to deposit
tino4ka555 [31]

Answer:

$36,602.5

Explanation:

Your profit each year of saving $7,300 at 8.5% return each year is $620.5

In that case you earn $7,920.5 each. Multiply by 5 years which is the fifth year you made the last deposit, and you will arrive at $36,602.5

6 0
3 years ago
Read 2 more answers
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