The savings account that would earn the least amount of money is the account that earns a simple interest monthly.
<h3>What does simple interest and compound interest mean?</h3>
Simple interest rate is the interest that is paid only on the principal portion of a loan. This means that the debtor does not pays interest on the interest rate already accrued. This differs from compound interest where the debt holder pays interest on the principal and the interest rate already accrued.
This means that an account that earns a compound interest would have a higher yield when compared with an account that earns a simple interest.
To learn more about compound interest, please check: brainly.com/question/26367706
Answer: Option (C) is correct.
Explanation:
The following rule should be use to choose the optimal quantities of two goods:
Marginal utility refers to the utility that a consumer can get from the additional unit of a commodity.
From the above equation, we can predict that marginal utility from the last TV is greater than the marginal utility obtained from the last gallon of juice. We know that Juice is less expensive as compared to the price of TV.
Answer:
$14,500
Explanation:
From the above, the below details are given;
Authorized share capital , which represent maximum number of shares that a company is allowed to issue.
Issued shares, which is the number of shares issued by a company including shares purchased and backed by a company(treasury stock).
There is also outstanding shares which is treasury stock less issued shares.
We do also know that treasury stock does not have any right of dividend because the shares are held by the company hence cannot pay dividend to itself.
Therefore, the total amount of the cash dividend is = 14,500 × $1.00
= $14,500
Answer:
C. cash budget.
Explanation:
As we know that
The cash budget refers to the inflow and outflow of cash in which inflow refers to the receipts of the service rendered while the outflow could be in terms of purchase of long term assets in cash, expenses incurred in cash, etc
So while estimated the cash inflows and cash outflows, the cash budget is to prepared so that the firm get to know its cash position
Answer:
Beranek Corp. should borrow $288,000 to achieve the target debt ratio.
Explanation:
40% of debt-to-asset ratio means that 40% of the assets should be Financed with debt and the remaining with equity. We have $720,000 worth of assets, simply multiply it with 40% and you will get the amount the needs to be borrowed.
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