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
Shalnov [3]
4 years ago
12

1. True or False: Savings accounts are a reliable way to store money for the future.

Business
1 answer:
son4ous [18]4 years ago
4 0

This question is a little but more difficult to solve, as it depends on the situation. For certain banks it is not worth it due to rates that must be payed, but in your case here I believe that it would be TRUE.

You might be interested in
American employees of Ujima Corp. learned that they should avoid using their left hand when giving a gift or handing out money w
Iteru [2.4K]

Answer:

The employess of the company would have discovered this cultural difference during a documentary training session.

Explanation:

In Cross-cultural training, there is commonly a documentary session after the field experience. In this documentary session, instruction material related to the cultural background is given to learners and foster their field experience. Cultural differences are understood in a documentary session when the learners compare their previous knowledge and experience about the new culture as also comparing with their culture.

8 0
3 years ago
The budgeted income statement presented below is for Burkett Corporation for the coming fiscal year. Compute the number of units
aev [14]

Answer:

Break-even point= 58621 units

Explanation:

Giving the following information:

Sales (50,000 units) $ 1,000,000

Costs:

Direct materials $ 270,000

Direct labor 240,000

Fixed factory overhead 100,000

Variable factory overhead 150,000

Fixed marketing costs 110,000

Variable marketing costs 50,000

We need to use the following formula:

Break-even point= fixed costs/ contribution margin

Price= 1,000,000/50,000= $20

Variable cost= direct material + direct labor + variable moh + variable mkt cots= 270,000 + 240,000 + 150,000 + 50,000= $710,000

Unitary variable cost= 710,000/50,000= $14.2

Fixed costs= fixed moh + fixed mkt= 100,000 + 110,000= 210,000

Profit= 130,000

Break-even point= (210,000 + 130,000) / (20 - 14.2)= 58621 units

8 0
4 years ago
Stock A's beta is 1.7 and Stock B's beta is 0.7. Which of the following statements must be true, assuming the CAPM is correct. a
pochemuha

Answer:

c. When held in isolation, Stock A has more risk than Stock B

Explanation:

Beta is the measurement of Company`s business risk. Therefore, a higher beta shows a higher risk and a lower beta shows lower risk.

8 0
3 years ago
During a certain six-year period, the consumer price index (CPI) increased by 50%. But during the next six-year period, it incre
Westkost [7]

The answer is Inflation

7 0
4 years ago
Read 2 more answers
You manage an equity fund with an expected risk premium of 13% and a standard deviation of 44%. The rate on Treasury bills is 6.
Nady [450]

Answer and Explanation:

The computation of the expected return and the standard deviation is given below:

the expected return is

= $90,000 × 13% + $60,000 × 6.6%

= $15,660.00

And,

standard deviation of return is

= $90,000 × 13% × 44% + $60,000 × 6.6%

= $5,148 + $3,960

= $9,108.00

In this way it should be calculated

8 0
3 years ago
Other questions:
  • A broker-dealer receives a court order directing it to turn over the customer account records of Joe Jones, a customer with a su
    15·1 answer
  • Which of the following is an incorrect way to avoid struck-by rolling hazards?
    12·2 answers
  • A(n) ____ is the process of searching through a list from one end to another.
    7·1 answer
  • In a recent year, BMW sold 182,158 of its 1 Series cars. Assume the company expected to sell 191,158 of these cars during the ye
    7·1 answer
  • Assume that on January 1, 2017, an investor company purchased 100% of the outstanding voting common stock of the investee. On th
    5·1 answer
  • An asset has an adjusted cost basis of $2,400 with a $600 salvage value at the end of its depreciable life of 8 years. Using str
    11·1 answer
  • Which of the following transactions will increase an asset and increase a​ liability? A. Purchasing office equipment for cash B.
    13·1 answer
  • A&X Corp wants to use option to hedge its receivables of 150,000 euro in 90 days; the available options are as follow: the c
    14·1 answer
  • Chuong Ngo borrows $2700 from a bank that advertises a 7% simple interest rate and repays the loan in three equal monthly paymen
    5·1 answer
  • The company recorded a sales commission to the salesperson who made the sale to the customer
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!