Because it pays a higher rate of interest.
A savings account is better than a checking account for saving money because they normally pay a higher interest rate than a checking account. Quite often, a checking account will not pay any interest at all.
Answer:
If closed the operating income will decrease by 50,000
Is a better scenario to continue with the residential sercives
Explanation:
<em><u>current scenario:</u></em>
contribution margin 450,000
Fixed Cost 480,000
net loss 30,000
<em><u>drop scenario:</u></em>
contribution margin = 0
fixed cost 450,000-370,000 = 80,000
net loss (80,000)
Answer:
d.the company is precisely breaking even.
Explanation:
Margin of safety is referred to current sales - Break even sales ratio to current sales as a percentage.
Basically it is quoted as follows:

Therefore, when the current sales = Break even sales then only the company will have margin of safety = 0
Thus, at 0 margin of safety the company basically is at no profit no loss situation, that is break even.
Answer:
It take to reach your goal is 11 years
Explanation:
given data
initial fixed amount = $42,180.53
deposit additional = $5,000
account totals = $250,000
expect to earn r = 12%
solution
we will apply Future value of annuity that is express as
Future value of annuity = initial fixed amount ×
+ deposit additional ×
......................a
put here value and we get
solve it we get
time t = 11
so it take to reach your goal is 11 years
Answer:
An industrial union
Explanation:
Industrial unionism is a labour union organizing method through which all workers in the same industry are organized into the same union, regardless of skill or trade, that is it combines all workers, both skilled and unskilled, who are employed in a particular industry thus giving workers in one industry, or in all industries, more leverage in bargaining and in strike situations.