Answer:
$15,576 should appear as Cash and Cash Equivalents on the balance sheet
Explanation:
Cash and Cash Equivalents
= Cash in a checking account + Cash in saving account + High-grade government securities
= $5,000 + $7,000 + $3,576
= $15,576
Therefore, $15,576 should appear as Cash and Cash Equivalents on the balance sheet
Answer: low (near 0%)
Explanation:
The expected monetary value(EMV) simply refers to the amount of money that an economic agent can expect to make based on a particular decision that's made.
It should be noted that the likelihood that a decision maker will be able to receive a payoff that is exactly as thesame as the EMV when a decision is being made will be near to zero as it's very low that it'll happen.
Your answer is D. both participant and leader
The annual opportunity cost of a checking account that requires a $300 minimum balance to avoid service charges is $9. Read below about the analysis of the annual opportunity cost of a checking
<h3>What is the annual opportunity cost of a checking account that requires a $300 minimum balance to avoid service charges?</h3>
The calculation goes thus;
Annual opportunity cost = Minimum balance × Interest rate
= $300 × 0.03
= $9
Therefore, the correct answer is as given above
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Answer:
Roth IRA
Explanation:
Based on the information provided in this scenario it can be said that the individual's best option would be to make a $5,000 contribution to a Roth IRA fund. This is a retirement fund that can be will provide will continue to grow exponentially throughout the years and the individual can withdraw that money when they turn 60 years old. At this point the money is completely tax free.