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liraira [26]
3 years ago
13

It's helpful to write a company's mission statement in what way? A. By comparing the company's products to its competitors B. By

listing the company's values C. By describing what the company does for its customers D. By providing a list of product prices
Business
1 answer:
mihalych1998 [28]3 years ago
6 0

Answer:B

Explanation:

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Which type of account will typically have the highest interest rate?
Firdavs [7]

<u>A certificate of deposit account will have the highest interest rate. </u>

Further Explanation:

Interest rate:

The interest rate is the rate of interest earned on investment for a particular time period. Account refers to the investment of money made for a particular period. The investors invest in those account which provides the highest rate of return. If the investor gets a lower rate of return, he is not interested in investing the money.  

Certificate of deposit:

A certificate of deposit is the type of account in which the investment has been made for a particular time period. It provides the highest interest rate. The investor invests in this type of account when he does not need the money immediately. He makes this type of investment for an extended period of time for different purposes. The investor makes this investment in case of long term funds needed for a particular purpose. For example, the marriage of the son or daughter, sometimes the investor may face the disease problem, purchase of land, purchase of the home, purchase of the car and many more purposes. As this investment provides a higher rate of interest, it will increase the amount of principal that the investor deposited.

Therefore, the certificate of deposit provides the highest interest rate.

Learn more:

1. Learn more about account

<u>brainly.com/question/5057443 </u>

2. Learn more about the savings account

<u>brainly.com/question/2652429 </u>

3. Learn more about bank account

<u>brainly.com/question/3212764 </u>

Answer details:

Grade: Middle School

Subject: Business  

Chapter: Money and banking

Keywords:  certificate of deposit, higher interest rate, investment, investor, provides, deposited, particular time period.

7 0
3 years ago
In a flexible budget performance report _____.
natulia [17]

Answer:

b. the budget is adjusted to the actual activity for the period.

Explanation:

A flexible budget performance report is a comparison between actual costs and revenues, and the budgeted income and expenses at the end of a period, based on actual performance.  The report shows the difference between the actual results and the estimated numbers.  Management uses the report to determine if the company's results were in line with management expectations.

The performance report is prepared at the end of a financial period.  It helps the management analyse any major variances between the actual performance at the estimated numbers at the beginning of a period.  The report helps the management identify the companies strong areas, and the sections that need improvements.

3 0
3 years ago
Maddy works at Burgers R Us. Her boss tells her that if she stays with the company for five years, she will receive a bonus of $
Sergeu [11.5K]

Answer:

$4,038

Explanation:

Present value (PV) is the current value of a future sum of money or stream of cash flows given a specified rate of return. Future cash flows are discounted at the discount rate, and the higher the discount rate, the lower the present value of the future cash flows.

Present Value = Future Value  x (1/  ( 1 + interest rate ) ^ number of periods)

Present Value = 6,000 x (1/ ( 1 + 0.08) ^ 5)

Present Value  = 6,000 x 0.68058

Present Value = $4,038

4 0
3 years ago
HELP ME PLS ASAP PPSLSPLSPSSLSPS
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It’s really blurry i can’t see
8 0
3 years ago
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Issuance of common stock for cash affects which basic element of financial statements? Revenues Equity Losses Liabilities
weeeeeb [17]

Answer:

Equity

Explanation:

8 0
3 years ago
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