A higher level of interest income can be received if a savings account offers a promotional rate.

1 answer:

4 0

True. One would get the regular stated interest rate plus the additional promotional rate. Thus one would recieve a higher income via the savings rate.

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________ is a promotional tool in which a person communicates one-on-one with potential customers.

katen-ka-za [31]

I chose direct marketing

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3 years ago

The general ledger shows a balance of $ 66 comma 200 in the Merchandise Inventory account at the end of the period. The physical

madam [21]

Answer:

The adjusting entry includes a debit to Cost of Goods Sold and a credit to Merchandise Inventory for $3,200

Explanation:

Perpetual inventory is a method of accounting for inventory that records the sale or purchase of inventory immediately

The adjusting entry is calculated by subtracting the physical inventory account from the merchandise inventory account

Given

Physical Inventory Account= $63,000

Merchandise Inventory Account= $66200

Adjusting Entry = Merchandise Inventory Account - Physical Inventory Account

Adjusting Entry = $66,200 - $63,000

Adjusting Entry = $3200

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3 years ago

For 2020, your company planned on selling 10,000 units of its highest priced product - Fish Sticks, which is also its highest ma

Eddi Din [679]

Answer: Negative Sales Mix Variance

Explanation:

With regards to the above question, the company has a negative sales mix variance. First and foremost, we should know that the sales mix variance simply has to do with the difference between the actual sales mix and the budgeted sales mix of a company or organization.

From the question, there'll be negative sales mix variance and this will bring about a reduction in the revenue of the company as the budgeted sales will be lesser than actual sales. Therefore, Profit also reduces.

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3 years ago

You manage a risky portfolio with an expected rate of return of 17% and a standard deviation of 29%. The T-bill rate is 8%. Your

Anastasy [175]

Answer:

13.85% and 18.9%

Explanation:

As in this exercise we have a free risk asset we will assume that the t-bill has a standard deviation of 0%, so let´s firts calculate the expected return:

$E(r)=r_{1}*w_{1} +r_{2}*w_{2} +....+r_{n}*w_{n}$

where E(r) is the expected return, $r_{i}$ is the return of the i asset and $w_{i}$ is the investment in i asset, so applying to this particular case we have: