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3 years ago

The below are all considered savings accounts EXCEPT *

Business

2 answers:

cestrela7 [59]3 years ago

8 0

Answer:

The correct answer is C)

Money Market Funds

Explanation:

Money Market Funds is not a Savings Account.

Any mutual fund that invests in short-term debt instruments, cash, and cash equivalents such as Treasury Bill and Commercial Paper which is high in quality may be refered to as a money market fund. So it is essentially an investment not a savings account.

Cheers!

Free_Kalibri [48]3 years ago

3 0

Answer:

Money Market Funds

Explanation:

A savings account is an account where money can be saved especially those money you do not want to spend immediately. Savings account keep those money save and accessible when needed and also pay interests proportion to the money in the savings account. Example of savings account are Certificate of deposit account, checking accounts, money market deposit account, basic savings account, student account.

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EA2.

REY [17]

Answer:

6,000 units

Explanation:

The beginning inventory units are calculated below

We know

Number of units produced = Budgeted units sold + ending inventory units - beginning inventory units

35,000 units = 32,000 units + 9,000 units - beginning inventory units

35,000 units = 41,000 units - beginning inventory units

So, the beginning inventory units would be

= 41,000 units - 35,000 units

= 6,000 units

8 0

3 years ago

On October 1, 2018, Iona Frisbee Co. issued stock options for 300,000 shares to a division manager. The options have an estimate

Gemiola [76]

Answer:

$300,000

Explanation:

Option expenses to be recognized in the first year ,

= $\frac{N\ *\ FV}{Total\ vesting\ period}$ × period elapsed - Expenses already recognized

wherein N = No of options expected to be vested

FV = Fair value on the grant date

Vesting period = The time period after which the options can be exercised

Thus, after the first year, employee compensation expenses to be recognized

= $\frac{300000 *\ 3}{3\ years}$ × 1 year = $300,000 - 0 = $300,000

Similarly, for the second year, option expenses to be recognized would be,

= $\frac{300000 *\ 3}{3\ years}$ × 2 years - $300,000 = $300,000

Similarly for the third year

= $\frac{300000 *\ 3}{3\ years}$ × 3 years - ($300,000+ 300,000) = $300,000

The journal entry to be passed each year would be

Stock Option Compensation Expense A/C Dr. $300,000

To Stock Options A/C $300000

(Being stock option expenses for the year recognized)

5 0

3 years ago

Read 2 more answers

What should you not do in a persuasive claim or complaint message? Check all that apply. Use an irrational, emotional tone Striv

xz_007 [3.2K]

Answer: A. Use an irrational emotional tone.

D. Give a blow - by - blow chronology of details.

Explanation:

Persuasive claims or complaint messages are usually presented by customers when they encounter challenges like damaged goods, wrong deliveries or any other mistakes that could be a fault of the organization in question.

When such claims or complaints are presented, they are best started with a sincere praise of the organization, presented in a calm tone. This is followed by a logical explanation of the problem encountered and measures that were taken to address it.

It is then concluded with proposals of how the customer wants the issue to be resolved. It could be in the form of a refund or a fitting replacement for the damaged product.

3 0

3 years ago

Read 2 more answers

You have a loan outstanding. It requires making six annual payments of $ 6 comma 000 each at the end of the next six years. Your

BlackZzzverrR [31]

Answer: The final payment would be: $42919,74.

Explanation: To simplify the work we must make a timeline:

0 1 2 3 4 5 6

$6000 $6000 $6000 $6000 $6000 $6000

These would be the normal conditions of the loan.

but if instead of making the 6 payments only one is made at the end:

We must use the FV annuity formula: