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4 years ago

Why should teenagers, in particular, look for no-fee savings accounts?

Business

1 answer:

natka813 [3]4 years ago

8 0

Answer:

The correct answer is letter "D": The number of fees a bank charge is likely to be greater than the interest a bank would pay on a teenagers’ balance as they are first starting to save in a savings account.

Explanation:

Banks tend to set higher fees on teenagers' savings accounts because they do not have any credit history. This makes them potentially riskier in financial terms in front of debt for overdrafts, for instance. For the same reason, banks usually provide a low-interest rate on savings and restrictions that are important to be aware of before choosing one bank over another to open the account.

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Candonia has a comparative advantage in the production of , while lamponia has a comparative advantage in the production of . Su

Ksju [112]

Answer:

Candonia has a comparative advantage in the production of LEMONS, while Lamponia has a comparative advantage in the production of COFFEE. Suppose that Candonia and Lamponia specialize in the production of the goods in which each has a comparative advantage. After specialization, the two countries can produce a total of 36 million pounds of coffee and 36 million pounds of lemons.

Explanation:

Since a lot of information was missing, I looked it up and found the attached graphs. The graphs referred to production of coffee and lemons, but I guess they are similar questions.

For every pound of lemons that Candonia produces, it will not be able to produce ¹/₂ pounds of coffee (opportunity cost of producing lemons instead of coffee).

For every pound of coffee that Lamponia produces, it will not be able to produce 1¹/₂ pounds of lemons (opportunity cost of producing coffee instead of lemons).

8 0

4 years ago

Beginning work in process was $125,000. Manufacturing costs added to production for the month were $835,000. There were $200,000

Nataly_w [17]

Answer:

c. $ 760,000

Explanation:

For computing the cost of goods manufactured, we have to use the formula which is shown below:

Cost of goods manufactured= Beginning work in process + manufacturing cost - ending work in process

= $125,000 + $835,000 - $200,000

= $760,000

Beginning work in process + manufacturing cost is called total work in process for a given period

7 0

3 years ago

The members of a cross-functional team have an informal agreement that whenever a team member goes out of town on business, that

Studentka2010 [4]

The type of arrangement where the members of a cross-functional team have an informal agreement that whenever a team member goes out of town on business, that the team member will leave a phone number where he can be reached by the other members of the team is known as group norm.

3 0

4 years ago

Which are the roles of a bank? check all that apply.

maw [93]

Fixed deposit account. Savings account.

5 0

4 years ago

Firm A and B have identical business except that their financing is different: Firm A: EBIT = X = $10, D = $20 Firm B: EBIT = X

STALIN [3.7K]

Answer:

1. Which firm has a greater FCF (free cash flow)?

(A) Firm A

2. What is firm A’s (annual) tax shield?

(B) $0.8

3. What is firm B’s (annual) tax shield?

Explanation:

since firm A's debt is $20, its value is $100, then its equity = $80

since firm B's debt is $80, its value is $100, then its equity = $20

Firm A's cash flow = (EBIT - interest expense) x (1 - tax rate) = [$10 - ($20 x 10%)] x 0.6 = $4.80

Firm B's cash flow = (EBIT - interest expense) x (1 - tax rate) = [$10 - ($80 x 10%)] x 0.6 = $1.20

Firm A's annual tax shield = taxable interest x tax rate = ($20 x 10%) x 40% = $0.80

Firm B's annual tax shield = taxable interest x tax rate = ($80 x 10%) x 40% = $3.20

4 0

4 years ago