Answer:
- When opening a checking or share draft account, which would likely be the most important consideration?
The stability of the Union or bank in which you are opening your account.
- What incentives are provided for you to open an account?
The interest rate. The easy access to my funds. The trackability of the transactions. The possible application for a credit in the future.
- What is the current interest rate paid on funds left in the account?
In a High Rate account is 2,01% in a regular rate 1,90%
- What are the terms and interest rates on their certificates of deposit (CDs)?
The terms may vary from 1 day until 2160 days.
6 months – 6 years: Goldman Sachs Bank USA – 0.60% APY – 2.35% APY; $500 minimum deposit to open.
30 days – 5 years: BrioDirect – 0.05% APY – 2.05% APY; $500 minimum deposit to open.
6 months – 5 years: Capital One – 0.60% APY – 1.60% APY; no minimum deposit to open.
- What types of fees are charged for maintaining and using the account?
The $4 or $5 monthly maintenance fee.
The international withdrawls fee. (varies in each bank policy)
Answer:
No option is correct. The options include inventory, while the question does not mention any inventory distributed.
Tyson's basis on the land is $4,000.
Explanation:
Tyson's basis on the land = total distribution - cash distribution = $20,000 - $16,000 = $4,000
A partner only needs to recognize a gain on a distribution when the cash distribution is larger than the partner's basis. In this case, the partner's basis is more than the cash distribution. The partner's basis for the rest of the assets distributed will be equal to the difference between the partner's basis - cash received.
In this case, since the difference is $4,000, then the basis for the land will be reduced.
<u>Answer:</u>Divide the profits equally for all the members.
<u>Explanation:</u>
The capital accounts should mention the allocation of each members profit share and the capital contribution. The ownership of the members can be identified with this contribution. The profit sharing depends on the percentage share of the members.
If there is any flexibility in the arrangement then the it has to be mentioned clearly in the agreement. In StartUp investors case there is no operating written agreement so the profits will be divided among the members equally. If this is done in knowledge of all the members then the losses will also be borne by them.
Answer:
Apple is the most innovative brand on the face of this earth. It has created iPhone, Mac-book, iPod, iTunes etc. Steve Jobs made it one of the most innovative brand in the world, when he was alive Apple was using disruptive innovation, they were creating totally new and innovative products which the world had never seen before. The way they changed the cell phone industry was simply phenomenal. They came up with iPhone when there was no concept of doing all of your computing works on the phone. But after Steve Jobs, company has almost lost its innovative charm, they could not come up with a disruptive innovation, they have just kept on changing the size, price and features of their iPhone which means they are involved in incremental innovation since after the death of Steve Jobs.
