All categories

3 years ago

Which savings account can a financial institution end?

Business

1 answer:

storchak [24]3 years ago

8 0

Answer:

Your Personal savings account the instution can end because the money that you are making maybe came from the goverment its self. But it in reality it is your mortage that you get from your job really.

Explanation:

You might be interested in

A ________ consists of selecting a segment of the market as the company's target market and designing the proper "mix" of produc

Fofino [41]

Answer:

marketing strategy

Explanation:

Based on the scenario being described within the question it can be said that the term that is being described is known as a marketing strategy. like mentioned in the question this is a business's overall game plan which they have designed in order to reach their target market and turn them into consumers of their products so that the company may increase profits. This is done by using many different factors such as price, promotion, and distribution system etc.

6 0

3 years ago

Clarissa strives to keep the department running smoothly, delivering services to customers on time and under budget. A _________

Tatiana [17]

Answer:

The correct word for the blank space is: transactional leader.

Explanation:

Transactional leadership is the type of managerial leadership in which the leader motivates the performance of the subordinates through a system of rewards and punishments. It means the leader rewards those employees who perform their duties efficiently and punishes those who do not meet the expectations, provoking in such a way that the employees work the best way possible.

Therefore, if Clarissa provides her subordinates rewards if they do their jobs well, she is likely to be a transactional leader.

4 0

3 years ago

You saving up to buy a car. You plan on making your first savings deposit one year from today, and then making deposits for the

Phantasy [73]

Answer:

$10,904.84

Explanation:

According to the scenario, computation of the given data are as follow:-

Year Deposit amount ($) At 9% for 3 years Future value of deposits ($)

1 $1,500 (1.09)^3 = 1.295029 $1,942.54

2 $3,000 (1.09)^2 = 1.1881 $3,564.3

3 $2,200 (1.09)^1 = 1.09 $2,398

4 $3,000 1 $3,000

Total $10,904.84

Future value = cash flow × (1 + interest rate)^number of years

When the amount of $10,904.84 is available, I buy the car.

4 0

3 years ago

In a competitive market, if production (and consumption) continues until the marginal benefit of one more unit equals marginal c

Pachacha [2.7K]

Answer:

False

Explanation:

In a competitive market, if production (and consumption) continues until the marginal benefit of one more unit equals marginal cost, then total surplus is maximized.

As for any extra unit produced

Marginal Benefit > Marginal cost = Surplus

Marginal Benefit = Marginal cost = No Surplus / No loss

Marginal Benefit > Marginal cost = loss

When your Marginal benefit is maximum and Marginal cost is minimum then the surplus will be maximized.

Most efficient situation in which benefit is maximum and the cost is minimum results in maximized surplus.

8 0

3 years ago

Shawn Company had 130 units in beginning inventory at a total cost of $13,650. The company purchased 260 units at a total cost o

Katarina [22]

Answer:

FIFO

cost of the ending inventory = $15,680

cost of goods sold = $39,570

LIFO

cost of the ending inventory = $10,290

cost of goods sold = $44,960

Average Cost Method

cost of the ending inventory = $13,883.37

cost of goods sold = $41,336.76

Explanation:

The cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average-cost are calculated as follows :

Step 1 : Determine the Number of units sold

Number of units sold = Total units available for sale - Ending units

= 390 units - 98 units

= 292 units

Step 2 : Determine the Number of units in inventory

Number of units in inventory = 98 units (given)

Step 3 : Use the appropriate principles to calculate required values

FIFO

cost of the ending inventory = 98 x $160 = $15,680

cost of goods sold = 130 units x $105 + 162 units x $160 = $39,570

LIFO

cost of the ending inventory = 98 x $105 = $10,290

cost of goods sold = 260 units x $160 + 32 units x $105 = $44,960

Average Cost Method

Unit Cost = ($13,650 + $41,600) ÷ 390 units = $141.667

therefore,

cost of the ending inventory = 98 x $141.667 = $13,883.37

cost of goods sold = 292 units x $141.667 = $41,336.76

3 0

2 years ago

Which savings account can a financial institution end?​

Which savings account can a financial institution end?