On savings accounts, banks make money by paying depositors virtually no interest. Most major banks pay an interest rate of only 0.01% on their savings accounts. And then they use the money customers deposit to make loans at much higher rates. So, we are basically giving interest-free loans to banks. and by the end of the year they will have over a million dollars.
Answer:
b. False
Explanation:
In the United States of America, the libertarians refers to a group of people or individuals who have the philosophical views of promoting individual freedom and liberty among the people. Thus, the primary political strength, values and ideas of a libertarian is individual freedom and liberty.
Saying libertarians wants the government to redistribute income from rich individuals to poor individuals to achieve a more equal distribution of income is a false statement because the libertarians simply cares about the means being just but not concerned about the outcome of a process or event.
Answer:
$64,500
Explanation:
Shareholders are entitled to returns they have made in companies through dividends
Zwick Company is a shareholder in Handy Corporation and hence also received its dividends returns amongst other Zwick Company investors.
<u>Zwick Company's dividend revenue will be calculated as :</u>
Dividend Revenue = Dividend Payout Ratio × Number of Share held on date of announcement
= $3 × 21,500 shares
= $64,500
Therefore, Zwick Company's dividend revenue from Handy Corporation in December 2018 would be $64,500
<span>The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (GDP) and other macroeconomic variables. A business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. Economists note, however, that complete business cycles vary in length. The duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. Some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. But the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.</span>
Answer:
Cost of Goods Sold per unit = $25.00
Explanation:
Manufacturing Costs under variable Costing only considers the Variable Manufacturing Costs as Products Cost. Fixed Manufacturing Costs and All Non- Manufacturing Costs are treated as Period Costs.
Manufacturing Cost per unit = Variable manufacturing costs
= $25.00
Therefore,
Cost of Goods Sold per unit = $25.00
