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Lostsunrise [7]
3 years ago
14

What are some considerations in choosing a financial institution?

Business
1 answer:
tigry1 [53]3 years ago
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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Eaton Tool Company has fixed costs of $340,400, sells its units for $80, and has variable costs of $43 per unit. a. Compute the
blsea [12.9K]

Answer and Explanation:

The computation is shown below:

But before reaching to the final answers, first determine the contribution margin per unit which is

a. Contribution margin per unit =Sales-Variable cost  

= $80 - $43

= $37 per unit

Now

Breakeven = Fixed expenses ÷ Contribution margin

= $340,400 ÷ $37

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b.Contribution margin = Sales - Variable cost  

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3 0
3 years ago
At a potluck, everyone brings his or her favorite dish to share. gavin decides to avoid the foods he has never heard of before a
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Old Economy Traders opened an account to short sell 1,000 shares of Internet Dreams from the previous problem. The initial margi
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Answer:

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a.

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margin requirement is 50% so equity = 20000

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b.

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c.

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Rate of return = (-10000 -20000)/20000 = -150%

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