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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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The information below pertains to Barkley Company for 2015.

alexira [117]

Answer:

a. $1.38

b. anti-dilutive.

Explanation:

Basic Earnings Per Share = Earnings Attributable to Holders of Common Stock / Weighted Average Number of Common Stock Holders

Earnings Attributable to Holders of Common Stock Calculation :

Net income for the year $1,160,000

Less Bond Interest after tax ($2,010,000 × 7% × 80%) ($112,560)

Less Preference Stock dividend ($4,080,000 × 6%) ($244,800)

Earnings Attributable to Holders of Common Stock $802,640

Weighted Average Number of Common Stock Holders Calculation :

Common Stock (5,800,000 / $10) 580,000

Weighted Average Number of Common Stock Holders 580,000

Basic Earnings Per Share = $802,640 / 580,000

= $1.38

Diluted Earnings Per Share = Adjusted Earnings Attributable to Holders of Common Stock / Adjusted Weighted Average Number of Common Stock Holders

Adjusted Earnings Attributable to Holders of Common Stock Calculation :

Earnings Attributable to Holders of Common Stock $802,640

Add Back Bond Interest after tax ($2,010,000 × 7% × 80%) $112,560

Add Back Preference Stock dividend ($4,080,000 × 6%) $244,800

Adjusted Earnings Attributable to Holders of Common Stock $1,160,000

Adjusted Weighted Average Number of Common Stock Holders Calculation

Weighted Average Number of Common Stock Holders 580,000

Add Convertible Bonds ($2,010,000 / $1,000 × 30) 60,000

Add Convertible Preference Shares ($4,080,000/$100 ×3) 122,400

Less Common Stock Options (82,100)

Adjusted Weighted Average Number of Common Stock Holders 680,300

Diluted Earnings Per Share = $1,160,000 / 680,300

= $ 1.70

Conclusion : Convertible Bonds, Convertible Preference Shares and Common Stock Options are anti-dilutive.

6 0

2 years ago

Roberts Company uses the percent-of-sales method to estimate uncollectibles. Net credit sales for the current year amount to $

taurus [48]

Answer:

The balance of Allowance for Uncollectible Accounts, after adjustment, will be $2,100.

Explanation:

Allowance for Uncollectible Accounts = Allowance for Uncollectible Accounts prior to adjustment + Current year's Allowance

Allowance for Uncollectible Accounts = $1,000 + $1,100

Allowance for Uncollectible Accounts = $2,100

So, The balance of Allowance for Uncollectible Accounts, after adjustment, will be $2,100.

3 0

3 years ago

Mark the three choices that are true of a living trust.

AlekseyPX

When the minor children reach a certain age, the living trust is always discontinued: FALSE
A living trust is established while the owner of the property or money put in trust is still alive.TRUE
The estate is managed, invested, and controlled by the trust agency or person.TRUE
The profit is paid to the owner during his lifetime, and to whomever he names upon his death. TRUE

7 0

2 years ago

Read 2 more answers

When they use Internet ads, marketers get their audience involved by using

djverab [1.8K]

Answer:

Explanation:

a just did it

3 0

2 years ago

Read 2 more answers

The liquidity approach to measuring money defines the M2 money supply as A. near monies. B. currency plus travelers checks and c

tatiyna

Answer:

The correct answer is C. M1 plus near monies.

Explanation:

The liquidity approach emphasizes the role of money as a store of value and downplays the role it plays as a means of payment. To assess the amount of money emphasizes that the essentially distinctive property of money is that it is the most liquid of assets.

The strict money supply or circulating medium (M1), which defines money as the money in the hands of the public and demand deposits (DV) is the usual most accepted formula as money. Therefore, money in the strict sense is listed as such in the monetary statistics of the International Monetary Fund (IMF) and many other financial institutions around the world.

7 0

3 years ago