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ankoles [38]
4 years ago
9

(02.03 MC) Bernadette wants to set aside some money, but she wants to have easy access to it without penalty. She is not worried

about earning a large amount of interest. Which of the following investments best suits her needs? Certificate of deposit Government bond Money market account Traditional savings account
Business
1 answer:
elena-14-01-66 [18.8K]4 years ago
8 0

Answer:

<em>Traditional savings account</em>

Explanation:

A Traditional savings account is a banks or other financial institution's interest-bearing deposit fund.

While these accounts usually pay a moderate rate of interest, their stability and efficiency make them a decent option for short-term saving cash that you want.

Traditional savings accounts have some constraints on how many times one can withdraw money, however they usually offer outstanding versatility that is suitable for developing an emergency savings, or merely sweeping excess cash that you don't need in your checking account so you can earn more interest somewhere else.

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Capri Company began the current period with a $20,000 credit balance in the K. Capri, Capital account. At the end of the period,
Triss [41]

Answer:

1. $26,400

2. $34,400

Explanation:

The closing entry for the following accounts are shown below:

1. Service fees earned A/c Dr $70,000

  Interest revenue A/c Dr        $7,000

           To Income Summary             $ 77,000

(Being revenue account closed)

2. Income summary A/c Dr $50,600

          To Depreciation Expense $8,000

          To Salaries  Expense $38,000

         To Utilities Expense $4,600

(Being expenses accounts are closed)

3. Income summary A/c Dr $26,400    ($77,000 - $50,600)

     To  K. Capri, Capital A/c         $26,400

(Being the difference is credited to the capital account)

4. K.Capri capital $12,000    

        K.Capri withdrawals $12,000

(Being K.Capri withdrawals account is recorded)

Now the balance in the income summary is shown above i.e $26,400

And, the balance of the K. Capri, Capital account would be

= Credit balance + net income - withdrawals

= $20,000 + $26,400 - $12,000

= $34,400

5 0
3 years ago
Last year vaughn corp. had sales of $315,000 and a net income of $17,832, and its year-end assets were $210,000. the firm's tota
KATRIN_1 [288]
I have the same question if anyone can help please let me know
4 0
3 years ago
A(n) ________ is a tool management uses to assess the potential of a firm's business portfolio. It helps management decide how t
frozen [14]

Answer:

3. portfolio analysis

Explanation:

Some example is portfolio analysis are:

Unilever has a portfolio of supplying tea and ice cream.

Gillette provides shaving products and batteries.

Protfolio analysis is the process by which the portfolio or products of a business are reviewed. It is done to analyse risk and returns. When portfolio analysis is done frequently it helps the business make changes in portfolio allocation based on changing market needs.

4 0
3 years ago
You're the account manager for a client who wants to increase reservations at her boutique hotel. You've been manually managing
Bumek [7]

Answer:<u><em> Apply target cost-per-acquisition (CPA) bidding to drive conversions at her desired CPA.</em></u>

Explanation: In this case the customer wants to gain administrative division at her  hotel, looking for ways to save time and optimize. We can most efficaciously do this by utilizing target cost-per-acquisition (CPA) bidding in order to thrust interpretation at her desired CPA.

<u><em>Therefore the correct option in this case is (d)</em></u>

3 0
3 years ago
Talamoto Co. manufactures a single product that goes through two processes — mixing and cooking. The following data pertains to
Brilliant_brown [7]

Answer:

A. 100,000 equivalent units

Explanation:

Calculation for what the Total equivalent units for Material P under the weighted-average method are calculated to

First step is to calculate the Unit transferred out

Unit transferred out = 28,000+72,000-16,000

Unit transferred out =84,000

Now let calculate the Total equivalent units for Material P

Total Equivalent unit of material P = 84,000+16,000

Total Equivalent unit of material P = 100,000

Therefore the Total equivalent units for Material P under the weighted-average method are calculated to 100,000 equivalent units

7 0
3 years ago
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