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2 years ago

What are the advantages of a bank savings account?

2 answers:

7 0

The right answer for the question that is being asked and shown above is that: "High liquidity, high rate of return" the advantages of a bank savings account is that of High liquidity, high rate of return

belka [17]2 years ago

3 0

The answer is in fact D. High liquidity, low risk. This is so because the traditional bank savings account is very low risk, meaning there is no risk of losing money. It is high liquidity because money can be easily removed from the bank.

Hope that helped!

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In 2010, the MoreForLess Company had revenues of $2,000,000 while costs were $1,500,000. In 2011, MoreForLess will be introducin

Harlamova29_29 [7]

Answer:

Differential profit Profit = $40,000

Explanation:

The differential operating profit is the difference between the operating profit before the introduction of the product and after the introduction of the new product

Profit = Revenue - costs

Profit before the introduction of the new product

= 2,000,000 - 1,500,000 = 500,000

Profit after the introduction of the new product

New revenue = (2,000,000 + 200,000) = 2,200,000

Cumulative cost = 1,500,000 + 160,000 = 1,660,000

Profit = 2,200,000 - 1,660,000 = 540000

Differential profit Profit = 540,000 - 500,000= $40,000

4 0

3 years ago

A producer is someone who _____________. A. Makes a commodity available for sA producer is someone who _____________. A. Makes a

Mekhanik [1.2K]

A producer is someone who makes a commodity available for sale or exchange.

5 0

2 years ago

At the beginning of the current period, Shamrock Corp. had balances in Accounts Receivable of $187,800 and in Allowance for Doub

nignag [31]

Answer:

See below

Explanation:

The net realizable values are as follows

ai For accounts receivables

Ending balance of account receivables = Beginning balance of account receivables + Credit sale - Collections uncollectible amount

= $187,800 + $860,400 - $687,720

= $360,480

aii For allowance for doubtful debt

= Beginning balance + Previously written off amount - Uncollectible amount + Bad debt expense

= $9,630 + $2,859 - $7,381 + $18,412

= $23,070

6 0

2 years ago

Brooks Corporation has a Food Services department that provides food for employees in all other departments of the company. For

blsea [12.9K]

Answer:

the amount that should be charged for the other department is $60,000

Explanation:

The computation of the amount that should be charged for the other department is shown below:

= Variable cost per meal × number of meals

= $4 × 15,000 meals

= $60,000

hence, the amount that should be charged for the other department is $60,000

So the same would be relevant

6 0

2 years ago

The nature of the tax system means that there is usually a trade-off between ___ and ___.

IgorC [24]

Answer:

equity and efficiency

Explanation:

Under the tax system there is no tax on losses. And also the losses can be carried forward and set off to profits in future.

When profits are earned the taxes are paid. After that the remaining profit is either distributed to equity or retained for future purposes.

The more efficiently the company works, higher will be the profit and higher will be the taxes.

As profit is for equity, and from that share the amount is given to tax authorities, which is some part of income, share of equity to tax.

Though it does not provide for right in company, but it is legal to pay the tax.

That is the price you pay for increasing or decreasing efficiency, in the form of income available for equity.

5 0

2 years ago