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Liono4ka [1.6K]
3 years ago
6

If someone had $5,000 and wanted to place it in a financial institution, what type of institution and account would you suggest

to the person? What factors would you ask the person about before making your recommendation?
Business
1 answer:
Semenov [28]3 years ago
8 0
<span>If someone had $5,000 and wanted to place it in a financial institution, what type of institution and account would you suggest to the person? 
</span>-12 months or less then a savings account. 
<span>-2 year or more then open a no load mutual fund account with a financial institution such as Charles Schwab. </span>
-5 yrs or more then purchase some stock
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What is the purpose of the customs department of a country’s government?
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Answer:

Customs Duty is a tariff or tax imposed on goods when transported across international borders. The purpose of Customs Duty is to protect each country's economy, residents, jobs, environment, etc., by controlling the flow of goods, especially restrictive and prohibited goods, into and out of the country.

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Why are benefits of the sale or purchase of bonds?
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3 0
3 years ago
3. What challenges do you anticipate in implementing some of the above steps? Explain.
erica [24]

In implementing some of your steps, anticipate the challenges as they are bound to e related to your specific goal.

<h3>What are challenges?</h3>

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6 0
2 years ago
The increasing involvement of salespeople in _____________________ is one major reason why the average cost of a sales call has
Otrada [13]
It would be because of Non selling activities
8 0
3 years ago
The Buck Store is considering a project that will require additional inventory of $216,000 and will increase accounts payable by
Anestetic [448]

Answer:

$607,250 outflow

Explanation:

Net Working Capital is the amount of money needed to maintain operations on a day to day basis.

Net Working Capital = Current Assets - Current Liabilities

where,

<u>Current Assets are calculated as :</u>

Inventory                                                        $216,000

Accounts Receivable ($525,000 x 1.09)   $575,250

Total                                                                $788,250

and

Current Liabilities = $181,000

therefore,

Net Working Capital = $788,250 - $181,000 = $607,250

Conclusion

The project's initial cash flow for net working capital is $607,250 outflow.

5 0
2 years ago
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