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Sidana [21]
3 years ago
11

What can be a cost of opening a basic checking account?

Business
2 answers:
ivanzaharov [21]3 years ago
5 0

Answer: High Fees

Explanation:

Checking accounts are very useful to the common person because of the liquidity they offer. With a Checking account, you are able to make withdrawals whenever you want by way of checks or ATM cards as many times as you want. Electronic transfers are available and depositing is quite simple.

In exchange for this high Liquidity though, the account receives low interest and can be subject to quite a number of fees.

Depending on the bank there are different fees attached with some of the most common being, Card processing fees, electronic and mobile banking fees, Overdraft fees, Maintenance fees and sometimes even a fee for letting the account drop below a minimum value.

dedylja [7]3 years ago
4 0

The CORRECT ANSWER is "check writing limits" I just took the test:) Hope this helps

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Which of the following is an example of a raw goods producer?
valkas [14]

Answer:

C, a lumber company

Explanation:

The definition of a raw goods producer is a type of producer whose job is to provide raw goods, which are goods in their natural state.  A raw goods producer cannot provide services but only basic commodities (actual items).

Raw goods are usually  basic goods collected or retrieved from nature (the good is not changed or manipulated) and used in the production of manufactured goods.

Basically, think of raw goods as the ingredients in a cooking recipe. A cook does not make or produce the ingredients, the cook simply collects the ingredients from farm who collects the ingredients from nature (raw goods provider). Manufactured goods are what the cook produces out of the cooking ingredients(raw goods).

Out of all the answer choices, the only company which provides raw goods is a lumber company; they simply collect wood, which can be found naturally (without producing it in a factory / man-made) and sell it to producers.

A is wrong, since people use raw goods when MAKING sushi. Since sushi is being produced, it is a manufactured product.

B is wrong, since a comedy club provides services not the selling of real goods.

D may sound right, however many items in grocery stores are produced by factories. In order to be a raw goods producer, the company must specialize and serve only raw goods. Grocery stores have manufactured goods such as ice cream, shampoo, cereal, etc.

6 0
3 years ago
Assess the trade-offs that investors face when making investment decisions, and provide one example of such a trade-off.
polet [3.4K]

A common trade-off that investors face when making investment decisions is the risk-return trade-off.

A trade-off simply means the situational decision where an economic entity loses one quantity in order to gain something else.

A common trade-off that investors face when making investment decisions is the risk-return trade-off. It should be noted that higher risks are usually associated with more probability of higher return. Also, a lower risk has a greater probability of lower return but it's safer.

In this case, investors are usually faced with making a decision of whether to go for a safer investment or to go for one with more risk that will yield more returns.

Read related link on:

brainly.com/question/25385948

7 0
3 years ago
homeworklib You want to evaluate three mutual funds using the information ratio measure for performance evaluation. The risk-fre
bezimeni [28]

Answer:

The fund with the highest ratio is Fund B.

Explanation:

Risk-free return = 6%

The average return on the market portfolio = 19%

The ratio equation formula is as follows:

FUND A: Return on fund - Risk free rate - Beta (Return on market portfolio -  Risk free rate)/Standard deviation of fund

FUND A : 20 - 6 - 0.8(19 - 6 ) / 4 = 0.9

FUND B : 21 - 6 - 1(13)/1.25 = 1.6

FUND C : 23 -6 - 1.2 (13 ) /1.2 = 1.167

Therefore, the fund with the highest ratio is Fund B.

5 0
3 years ago
For each stock in the stock market, the number of shares sold daily equals the number of shares purchased. That is, the quantity
LuckyWell [14K]

Answer:

daf

Explanation:

4 0
3 years ago
Which word doesn't belong: departments, organizations, work group, team, or task force?
kramer
Departments because all of the other relate to work and this word is not related to work.
3 0
3 years ago
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