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3 years ago

What are some considerations in choosing a financial institution?

1 answer:

4 0

You need to think of how much money you will be withdrawing if any, and how much interest you will earn. I keep my money in a ROTH ira and at a credit union. I choose to keep my money here because in the ROTH I earn a lot of interest and my money is available if necessary. I keep the other half at a credit union because of the limited fees and the benefits it gives me because I still go to school.

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Saving money is a(n) ____________________, because it involves less consumption in the present, but the ability to consume more

Leto [7]

The correct answer is an Intertemporal choice.

Saving money is an Intertemporal choice. because it involves less consumption in the present, but the ability to consume more in the future. Its a personal choice which people make accordingly depending on their needs, money and time.

5 0

3 years ago

object responsibility is important because it helps to decide what methods are assigned to what classes.

stiv31 [10]

It's not so much an important of trust, but preferably one of managing complexity. Software Engineering Stack shifted a question and answer site for professionals. academics, and students working within the systems development life around. Private adaptable help averts people from a hinge on certain parts of your code.

8 0

3 years ago

Which of the following practices are not considered essential for a comprehensive JIT implementation: Uniform production (also k

bogdanovich [222]

Answer:

False ( "Large lot sizes" is not considered essential for JIT )

Explanation:

Just in time is an arrangement and alignment of raw material supply with the production process of the business. It minimizes the holding cost, lead time required for delivery of raw material, the setup times and sizes of orders.

The Large lot sizes is not a characteristics of JIT because it may requires the storage facility to place the large orders until used in production which might increase the holding cost.

So, Large Lot Sizes are not considered essential for a comprehensive JIT implementation.

4 0

3 years ago

The Chart Company has a process costing system. All materials are added when the process is first begun. At the beginning of Sep

Strike441 [17]

Answer:

c) 48,000

Explanation:

Equivalent Units

To apportion cost between work in progress and completed units in a particular period, we use equivalent units. Equivalents units are notional whole units which represent incomplete work and are used to apportion cost between completed units and work in progress

Equivalent Units = Degree of Completion × Units of products

Item units workings E.U

Finished products 45,000 100% × 45,000 = 45,000

Closing WIP 5000 3/5 × 5000 = 3,000

Total equivalent unit 48,000

Equivalent unit for the conversion cost= 45000 +3000= 48,000

6 0

3 years ago

On January 1, 1997, an investment account is worth 100,000. On April 1, 1997, the value has increased to 103,000 and 8,000 is wi

loris [4]

Answer:

(B) 6.25%

Explanation:

January 1, 1997 = $100,000

April 1. 1997 = $103,000 - $8,000 = $95,000

January 1, 1999 = $103,992

annual interest rate for 1997 = i = (x - 100,000 + 8,000) / [100,000 - 8,000(1 - ³/₁₂) = (x - 100,000 + 8,000) / [100,000 - 8,000(1 - 0.25) = (x - 92,000) / 94,000

x = 92,000 + 94,000i

annual interest rate for 1998 = 1 + i = 103,992/x

x = 103,992/(1 + i)

0 = x(1 + i) - 103,992

now we replace x by 92,000 + 94,000i

0 = (92,000 + 94,000i)(1 + i) - 103,992

0 = (94,000 (1 + i) - 2,000)(1 + i) - 103,992

we now replace 1 + i by Y

0 = (94,000Y - 2,000)Y - 103,992

0 = 94,000Y² - 2,000Y - 103,992

using a calculator, Y = 6.25%

4 0

3 years ago