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2 years ago

If you plan to take money out of the bank frequently, what type of account should you get?

2 answers:

4 0

If you are planning to take out money frequently then I would recommend a checking account. however, if you plan to open a savings account there is a limited of how many times you can withdraw.

Svet_ta [14]2 years ago

4 0

Answer: A checking account

Explanation:

A checking account is known to be a transactional account which makes withdrawal and deposit easy for account owners. This account can be accessed with the use of debit cards, writing of checks or withdrawal of cash. Thus, it is very liquid, has a low interest rate and the account holder can take out money from the account as often as he likes. It is also known as demand account.

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The budget components for Park Company for the quarter ended June 30 appear below. Park sells trash cans for $12 each. Budgeted

Dmitry [639]

Answer:

$96,000

Explanation:

Production 26,000 units

<u>Materials Purchase Budget</u>

Production Materials Required (5×26,000 units) 130,000

Add Budgeted Closing Materials (50,000×20%×5) 50,000

Total Materials 180,000

Less Budgeted Opening Inventory (4,000×5) (20,000)

Budgeted Materials 160,000

Material Cost per pound $0.60

Total Material Cost $96,000

Therefore, the materials purchases budget will be for the month ending April 30 will be $96,000.

7 0

2 years ago

Cindy has been working for 8 years, and she’s built up a huge emergency fund -- $45,000, which would be 6 months of her salary.

baherus [9]

Answer with Explanation:

Following are some types of account investments that are better for emergency funds and the return on these investment varies depending upon the risk born by the investors:

Current Account Investments
Commodity Investments
Mutual Funds

If the inflation rate is below the return paid on the current account then it could be a better investment option as the money doesn't loose its value over time.

If the inflation rate is higher than the return paid on the current account then it is better to invest in commodities like gold, petroleum products, etc, that are often termed as speculative investments.

If the investor is risk seeking person, then it is better to invest in mutual funds as the return on such investments is higher because of the higher risk that the investor bears.

6 0

2 years ago

PLEASE HELP ASAP BRAINLIEST TIMED TEST PLZZZZZZZ HELP HURRY React to the quoted statement. Defend your opinion: “My feelings are

vaieri [72.5K]

<h2>Yes I keep my feeling controlled by "Intrapersonal intelligence"</h2>

Explanation:

The term "Intrapersonal" intelligence might be something new but it is one of the soft skill which completely talks about "Personal emotions"

It is highly difficult to manage feelings both which are positive and negative in nature but a person who can control the emotions are the best leaders and most successful person. So a person who possess good "intrapersonal" skills will never yell at anyone or hurt anyone at work and will find other possible ways to solve it or pin point about the mistake.

4 0

3 years ago

A group of 26 different families have shared ownership of a vacation condominium. Each family spends two weeks annually at the c

aalyn [17]

Answer:

Timeshare properties

Explanation:

Numerous individuals or families own a timeshare property. Each owner is allocated a specified duration of time to stay in the property. Timeshare properties are common in the tourism sector and are located near popular vacation destinations.

The most common forms of timeshare properties are vacation resorts, condominiums, apartments, and campgrounds.

6 0

2 years ago

Blue technologies manufactures and sells dvd players. great products company has offered blue technologiesâ $22 per dvd player f

jolli1 [7]

The expected increase in revenues is $2,20,000 .

The expected increase in costs is $1,40,000.

The Selling price per unit for the new 10,000 units order is $22. So, increase in revenues is to the extent of (10,000 × $22).

The question assumes excess capacity, hence fixed expenses will remain the same. The increase in Variable costs to the extent of (10,000 × $14) will contribute to an increase in costs.

4 0

2 years ago