1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
galina1969 [7]
3 years ago
8

Aaron wants to open a savings account.Which account will grow his money the most?

Business
1 answer:
mash [69]3 years ago
6 0

Answer:

Account 1 with a Interest rate 2%, Interest compounded daily ♡ hope this helps ♡

You might be interested in
What are the implications of sharing confidential material information?
Norma-Jean [14]
The implication of sharing confidential material information is about having to keep a certain thing private in a way that it should be remained secret and hidden unless it has been given consent by the person who holds the privacy to be told to another party. It is not release carelessly and should be handled with care as it should be kept by the person withholding the information.
5 0
3 years ago
Compare the yield to maturity and the current yield. How do you explain this​ relationship?  ​(Select the best​ response.)A.If a
mamaluj [8]

Answer:

A - If a bond sells at a​ discount, the yield to maturity is greater than the current yield

Explanation:

Yield to maturity is the expected return if the bond is held till maturity. Current yiled is the return if the bond is sold today. There is an evident relationship between yield to maturity (TYM) and the current yield.  

“When a bond's market price is above par, which is known as a premium bond, its current yield and YTM are lower than its coupon rate. Conversely, when a bond sells for less than par, which is known as a discount bond, its current yield and YTM are higher than the coupon rate. Only on occasions when a bond sells for its exact par value are all three rates identical” (Bloomenthal, 2020).

According to the above statements, options C, B and D are eliminated. This leaves option A (If a bond sells at a discount, the yield to maturity is greater than the current yield) as the correct answer. This is true because YTM is calculated on purchase price rather than par value, if the purchase price is less than par value, the YTM will be greater than the current yield.  

7 0
3 years ago
it will gain you more knowledge, Intensify your soft skills, grow your strong work ethics and grow your network and grow your ne
frutty [35]
I am not Good at Business and all, but I think it's Experience that will satisfy.
3 0
3 years ago
Read 2 more answers
You have entered an intersection where you want to turn, but you are not in the proper lane. You should
Lemur [1.5K]
<span>If you enter an intersection where you want to urn, but you are not in the proper lane, the first thing you should do is to change the lane. But t is very important always to signal before you change lanes. This is important because other users on the highway must know your intentions. While changing the lane you should r</span><span><span>educe the speed and pay attention</span><span> to traffic on all sides</span></span>
5 0
2 years ago
Read 2 more answers
Financial Statements of a Manufacturing Firm The following events took place for Sorensen Manufacturing Company during January,
kramer

Answer:

<u>A.  income statement for Sorensen Manufacturing Company</u>

Sales                                                                            $329,500

Less Cost of Sales

Opening Finished Goods Inventory         $0

Cost of Goods Manufactured              $184,300

Less Finished Goods Inventory           ($37,700)      $146,600

Gross Profit                                                                  $182,900

Less Expenses

selling expense                                                           ($84,300)

administrative expense                                               ($37,000)

Net Income or Loss                                                       $61,600

<u>B. inventory balances at the end of the first month of operations.</u>

Raw Materials Inventory =     $15,800

Work In Process Inventory  = $58,200

Finished Goods Inventory  =  $37,700

Explanation:

<u>Raw Materials Inventory Calculation :</u>

<em>Open a Raw Materials T - Account</em>

Debit :

Opening Balance                                         $0

Purchases                                                $68,500

Totals                                                       $68,500

Credit:

Used in Production                                 $52,700

Closing Balance (Balancing figure)        $15,800

Totals                                                       $68,500

<u>Work In Process Inventory Calculation :</u>

<em>Make a Schedule of Manufacturing Cost</em>

Raw Materials                                        $52,700

direct labor wages                                 $78,800

factory overhead                                   $111,000

Total cost of Manufacture                   $242,500

Less Transfer to Finished Goods      ( $184,300)

Work In Process Inventory                    $58,200

<u>Finished Goods Inventory Calculation :</u>

Transfer to Finished Goods                 $184,300

Less Cost of Sales                               ($146,600)

Finished Goods Inventory                      $37,700

6 0
3 years ago
Other questions:
  • Approximately what percent of regular army soldiers (excluding army reserves and national guard) currently serve in infantry uni
    13·1 answer
  • Why would a sole proprietorship or partnership need to submit a DBA form for the company?
    6·2 answers
  • The threat of new competitors will enter your market is _________ when entry is easy and _________ when there are significant ba
    14·1 answer
  • Pauline wants to develop a line of flatware and pottery. She is experimenting with various names and symbols to develop a tradem
    10·1 answer
  • Newman Company has both a contingent gain and a contingent loss that it judges to be highly probable to result in future cash fl
    6·1 answer
  • As a student in the Principles of Management class of Ama Ghana University, you are expected to have experiential knowledge so t
    5·1 answer
  • What does a broker do if the buyer of an industrial complex wants the earnest money to be placed in an interest bearing trust ac
    6·1 answer
  • 1.Economics is the study of ____________________ and _________________________.2.What is opportunity cost
    9·1 answer
  • an employee is leaving your company. which of these steps are appropriate to take during offboarding? check all that apply.
    13·1 answer
  • In a project network, the critical path is the sequence of activities which has the:________.
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!