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2 years ago

Which of the following bank services pays the customer compound interest?

1 answer:

4 0

Based on the given question above, the correct answer for this would be option C. The bank service that pays the customer compound interest is a saving account. <span>A </span>savings account<span> is an interest-bearing deposit </span>account<span> held at a </span><span>bank. Hope this is the answer that you are looking for. Have a great day!</span>

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Pressure from consumer groups is encouraging some producers to develop more ______________ products. deficient. desirable. accep

klio [65]

Pressure from consumer groups is encouraging some producers to develop more desirable products. The desirable products are products that take care of both the objectives are called desirable products. For example, body shop products are named desirable products because they offer short term gratification and also support the society.

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2 years ago

Brevard Company uses the weighted-average method in its process costing system. The Packaging Department started the month with

kipiarov [429]

Answer:

For conversion costs, the equivalent units of production are 1,610 units. The right answer is B

Explanation:

According to the given data we have the following:

begging work in progress = 280 units

units started=1450 units

Therefore, total input= 280 units + 1450 units

Total input = 1730 units

There is end work in process of 120 units

Therefore, the equivalent units of production are=Total input-end work in process

The equivalent units of production=1,730 units-120 units

The equivalent units of production=1,610 units

For conversion costs, the equivalent units of production are 1,610 units

4 0

3 years ago

Explain how the accounting for a fair value hedge differs for the hedged item and for the hedging item compared to the accountin

igomit [66]

A cash flow hedge is accounted for differently than a fair value hedge.

<h3>What is a Fair Value Hedge?</h3>

Fair price hedges may be used to mitigate the danger of modifications withinside the truthful marketplace price of liabilities, belongings, or different company commitments. Generally, truthful price hedges pass withinside the contrary route of the hedged object so they may be used to cancel out your losses. As a result, derivatives like alternatives and futures are fantastic examples of truthful price hedges.

<h3>What is a Cash Flow Hedge?</h3>

Cash go with the drift hedges can assist to mitigate the dangers which are related to surprising modifications in coins flows of belongings or liabilities, instead of the asset or legal responsibility itself. There are many various factors that could result in those kinds of modifications, inclusive of increases/decreases in forex rates, modifications in hobby rates, modifications in asset prices, and so on.

<h3>What’s the distinction among Cash Flow Hedge and Fair Value Hedge?</h3>

As you could see, the important thing distinction among a coins go with the drift hedge and a truthful price hedge is the hedged object. With a coins go with the drift hedge, you’re hedging the modifications in coins influx and outflow from belongings and liabilities, while truthful price hedges assist to mitigate your publicity to modifications withinside the price of belongings or liabilities. So, at the same time as truthful price hedges are first-rate acceptable to constant price items, the blessings of coins go with the drift hedges lead them to perfect for variable price items.

Learn more about Hedging on:

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4 0

2 years ago

A project to build a new bridge seems to be going very well since the project is well ahead of schedule and costs seem to be run

tresset_1 [31]

Answer:

Schedule variance = $1,428,140

Schedule Performance Index (SPI) = 1.132

Cost Performance Index = 0.801

Explanation:

Planned Value = $1,414,000 + $10,494,000 + $8,494,000 * 53%

= $20,402,000 * 53%

= $10,813,060

Earned Value = $1,414,000 + $10,494,000 + $8,494,000 * 60%

= $20,402,000 * 60%

= $12,241,200

Schedule Variance = Earned value - Planned value

= $12,241,200 - $10,813,060

= $1,428,140

Schedule Performance Index (SPI)

= Earned value / Planned value

= $12,241,200 / $10,813,060

= 1.132

Actual Cost (AC)

= $1,294,000 + $8,994,000 + $4,994,000

= $15,282,000

Cost Performance Index (CPI)

= Earned value / Actual cost

= $12,241,200 / $15,282,000

= 0.801

3 0

3 years ago

Sue earned $21,000 at her waitress job last year; she also made $7,000 in tips. in addition, sue earned $95 interest on her savi

kobusy [5.1K]

Her gross income for the year would be $28,595

5 0

2 years ago