Answer: Federal deposit insurance covers deposit in bank savings while money market mutual fund shares are not covered
Explanation:
There is what is called Federal deposit insurance, it covers deposit in bank savings while money market mutual fund shares are not covered. Money market mutual funds restrict savers savers to writing checks only above a specified amount such as $500, this shows that money market savings aren't as liquid as bank deposits
Answer:
C. the market price charged to outside customers, less costs saved by transferring internally.
Explanation:
Divisional manager performance is evaluated separately from one department to another. The Selling department need a minimum price equivalent to price the items fetch in<em> market transaction</em> to raise performance.
However <em>goal congruence </em>has to be met, therefore the price must exclude savings as a result of Internal transfer for the interest of the firm as a whole.
Answer:
The correct word for the blank space is: market cannibalization.
Explanation:
Market cannibalization refers to the loss of revenues as a result of the introduction of a new product by the same company. The initial purpose of the firm is to spread its market share but the product introduced is so similar or covers the same need than the previous that it ends up replacing it instead of acquiring more consumers.
Market cannibalization also takes place when franchises of the same firm open stores too close to each other than one of them ends up capturing all consumers which replace the first store operating in the area.
Answer:
$10,500
Explanation:
The computation of depreciation expense using the straight line method is seen below;
= [Original cost - Residual value] ÷ Useful life
= [$160,000 - $20,000] ÷ 10 years
= [$140,000] ÷ 10 years
= $14,000
Using straight line method, the depreciation value is the same for the remaining useful life.
Also, from April 1 to 31 December(9 months), the depreciation expense would be;
= $14,000 × 9/12
= $10,500
Therefore, the amount to be recorded as depreciation expense at December 31, 2015 is $10,500
C. She and I have always enjoyed drawing and painting.
