1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
OleMash [197]
3 years ago
6

List three factors to consider when choosing a financial institution

Business
1 answer:
jasenka [17]3 years ago
8 0

When you are considering a financial institution you should consider what type of accounts you want to have, how much money you have and if you want to invest. Different financial institutions offer different rates and benefits for their members so it makes sense to figure out your options based on what you want in return.

You might be interested in
What is at saturated market like for sellers?
garri49 [273]

The meaning of being saturated or reaching the point of saturation in the business terms is the time in which a market does not generate any more demand for a certain market. This may be due to increase competition, decrease need or the product became unusable. For sellers, saturation means two things, first is that this is the chance for you to give your business a makeover. You can level up your products or service or try a new strategy for your business. The endpoint is that you need to diversify so that the customers will not get tired of the same product of service all over again. If you observed that with all the things you possibly did to keep the product or service growing, you haven't seen any change the market demand then the second thing you may want to do is to stop your business because it will only be a waste of time, research and money.
5 0
3 years ago
Which of these is a major advantage of a market economy?
Fofino [41]

These is a major advantage of a market economy is it can change direction rapidly when needed as markets change. Thus second option is correct.

<h3>What is Market Economy?</h3>

Market Economy refers to the economy in which the prices of the goods and services are determined by the two market forces that are supply and demand.

There is a less control of the government in the market economy and therefore all the decisions are taken by the private individuals. Thus option 1st is incorrect.

The Prices of the goods and services are determined by the supply and demand forces and the prices are kept as per the affordability of the customers. Thus option 3rd is also incorrect.

Therefore the correct option is 2nd one as the market changes the price of the good and services are also effected and get changed.

Learn more about Market economy here:

brainly.com/question/14164189

#SPJ1

5 0
2 years ago
At the beginning of the year, Saratoga Dress Co. had an inventory of $300,000. During the year, the company purchased merchandis
svet-max [94.6K]

Answer:

The cost of goods sold and the ending inventory, respectively, were: $660,000 and $490,000

Explanation:

Saratoga Dress Co. had gross profit rate of 45%

Gross profit rate = (Gross Profit/ Sales)x 100%

Gross Profit = (Gross profit rate x Sales)/100% = (45% x $1,200,000)/100% = $540,000

Cost of Goods Sold = Sales - Gross Profit = $1,200,000 - $540,000 = $660,000

The ending inventory = the beginning inventory + purchasing merchandise - Cost of Goods Sold = $300,000 + $850,000 - $660,000 = $490,000

3 0
3 years ago
What type of work is growing fastest in the united <br> states
faust18 [17]
Information related is the answer
6 0
3 years ago
Read 2 more answers
On January​ 1, 2018,​ Sanderson, Inc. acquired a machine for​ $1,110,000. The estimated useful life of the asset is five years.
denpristay [2]

Answer:

$702,400

Explanation:

Data provided in the question:

Cost of the machine acquired = $1,110,000

Useful life of the machine = 5 years

Residual value = $91,000

Method of depreciation is straight line

Now,

Annual depreciation = \frac{\textup{(Cost price - Residual value)}}{\textup{Useful life}}

or

⇒ Annual depreciation = \frac{\textup{(1,110,000 - 91,000)}}{\textup{5}}

or

⇒ Annual depreciation = $203,800

Book value = Cost of the machine - (Total depreciation in the given period)

now,

Duration of period from January 1, 2018 to end of 2019 = 2 years

Therefore,

The total depreciation = 2 × Annual  depreciation

= 2 × $203,800

= $407,600

Hence,

Book value at the end of 2019 = $1,110,000 - $407,600

or

Book value at the end of 2019 = $702,400

4 0
3 years ago
Other questions:
  • 11. Nadine is retiring at age 62 and expects to live to age 85. On the day she retires, she has $402,000 in her retirement savin
    10·1 answer
  • Eric believes works hard he will meet management's goals and that if he meets management's goals, he will get a raise, which he
    5·1 answer
  • Which of the following is a “DO” regarding scannable resumes
    10·1 answer
  • At the beginning of the year, Smith, INc., budgeted the following: Units: 10,000 Sales: $100,000 Total variable expenses: $ 60,0
    15·1 answer
  • ​John's 8minusyearminusold Chevrolet Trail Blazer requires repairs estimated at $ 8 comma 000 to make it road worthy again. His​
    11·1 answer
  • g If all resources used in the production of a product are increased by 10 percent and output increases by less than 5 percent,
    5·1 answer
  • Indicate whether each of the following actions represents foreign direct investment or foreign portfolio investment. Foreign Dir
    10·1 answer
  • What restriction did the US government place on advertising in 1997?
    14·1 answer
  • The following information applies to the questions displayed below] A local Chevrolet dealership carries the following types of
    6·1 answer
  • A Michigan State University student spends his summer months in his hometown, where he works for a local micro-brewery during th
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!