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Nana76 [90]
3 years ago
15

Connie Shockey wants to put funds in an account that does not offer checking privileges because she has a tendency to overspend.

Which of the following would fit her criteria?
a. NOW accountb. A DDA with overdraft protectionc. money market mutual fundd. money market deposit accounte. certificate of deposit
Business
1 answer:
vlada-n [284]3 years ago
8 0

Answer:

certificate of deposit.

Explanation:

A certificate of deposit is one that funds are deposited for a fixed period of time at a particular interest rate. Usually interest rate is determined by the amount being deposited.

Premature liquidation of the certificate of deposit attracts penalty.

This will be the ideal account for Connie Shockey since she does not want an account she can easily withdraw from.

The penalty charged on premature liquidation will serve as a deterrent of she wants to withdraw.

Certificate of deposit is a stable high yield form of investment that will give Connie good returns.

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A woman approached Senator Adlai Stevenson when he was running for president, saying, "Senator, you have the vote of every think
Serhud [2]

Answer:

<em>Rational Ignorance </em>

Explanation:

Understanding everything is unlikely. A level of ignorance is unavoidable, and we all have to determine for ourselves what is worth learning and recognizing.

Rational ignorance lets each one of us determine the most valuable information.

Rational ignorance means picking to remain ill informed on a subject deliberately because the cost of obtaining the data is greater than the expected possible advantages.

6 0
3 years ago
Madison Inc. stock price moves from $95 to $65 and also pays $7 in dividends at the end of the period. What is the rate of retur
mr_godi [17]

Answer:

-24.21%

Explanation:

The rate of return of a stock is the sum of the stock price appreciation and the dividend yield

price appreciation = change in price level = (new price - old price) / old price ($65 - $95) / $95 = -0.3158

dividend yield = dividend / initial price  $7/$95 = 0.07368

Rate of return = 0.07368  - 0.3158 = -0.2421 = -24.21%

8 0
3 years ago
Juanita owns 60% of the stock in a C corporation that had a profit of $200,000 in the current year. Carlos owns a 60% interest i
Ivan

Answer:

The statement which is incorrect or not true is Option A.

Explanation:

Juanita owns 60% of stock in the corporation, so from the profit of $200,000 in the current year, she should report

= $200,000 × 60%

= $120,000

But the Corporation distributed $45,000 to Juanita. Therefore, she should report only $45,000 for this year not $120,000.

Therefore, the first option is incorrect.

4 0
4 years ago
A(n) _____ is the visual representation of a company's structure. a. division of labor chart b. organization chart c. work speci
grin007 [14]

Answer:

B. Organization chart

Explanation:

An organization chart shows or gives a graphical/visual representation of the organization's or company's structure. Its shows the interrelationship between various units in the organization or company. It conveys the organization's internal structure by specifying roles, responsibilities by position and relationships between individuals in the organization or company. They are also called organogram or organigram.

5 0
3 years ago
Read 2 more answers
Banfield Corporation makes three products that use compound W, the current constrained resource. Data concerning those products
exis [7]

Answer:

Explanation:

The products rank are shown  below:

                                                      VP            YI                       WX

Selling price per unit (A)       $248.04      $230.66           $505.44

Variable cost per unit  (B)      $190.71         $172.14             $388.80

Contribution margin  

per unit (A-B) or C                   $57.33        $58.52             $116.64

Centiliters of compound W (D) 3.90            3.80                  8.10

Contribution per centiliters (C÷D)  14.7         15.4                  14.4

Rank                                            2                  1                       3

5 0
4 years ago
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