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Vaselesa [24]
3 years ago
9

A customer has $20,000 to invest, but needs immediate access to the funds to pay a variety of bills that will arrive over the ne

xt 3 months. The BEST recommendation is for the customer to deposit the funds to a:
A. Money market checking account
B. Money market mutual fund
C. Money market instrument
D. Treasury Direct account
Business
1 answer:
tatiyna3 years ago
4 0

Answer:

A. Money Market checking account

Explanation:

A money market account represents a savings account with some features of a checking account provided by a bank. Herein, a customer deposits money, and such funds are invested into money market instruments which are highly liquid, such as commercial papers, treasury bills, certificate of deposits, etc.

Such accounts provide debit card and checks and allow a certain number of withdrawals every month. The rate of interest offered under these accounts is usually higher than the ordinary savings account.

In the given case, the customer has $20,000 to invest and also requires immediate access to the funds to pay his bills. The best recommendation would be to deposit such funds to a money market checking account, which would provide him with access i.e liquidity, a higher rate of interest than on savings account and safety of investment.

It is noteworthy that all other options specified are not as liquid as money market checking account since, those alternatives either require considerable time in redeeming and selling or do not provide immediate access to funds.

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Dotted Swiss, dimity, and duck are listed in which one of these fabric categories?
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B. Cotton.

Dotted Swiss, dimity, and duck are listed in the COTTON fabric categories.

Dotted Swiss is a sheer cotton fabric that is embellished with small dots. It is also called Swiss Dot because of their fabric design. 

Dimity is a sheer cotton fabric with woven stripes or checks. 
8 0
3 years ago
Select the correct answers.
Art [367]

Answer: line extension

Explanation:

The action whereby the company plans to introduce new products in the market within its existing product category is referred to as line extension.

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7 0
2 years ago
On August 1, 2017, a company borrowed cash and signed a one-year interest-bearing note on which both the face value and interest
mezya [45]

Answer:

d. Line 3

Explanation:

Generally, the liabilities are classified as current and long term based on their duration, on the date of issue of notes payable the liability is long as the period is of 1 year, whereas generally notes payable are not for 1 year and are termed as short term i.e. current liabilities.

But, on 31 Dec 2017 the period to pay the notes payable and the interest thereon is just of 7 months left, therefore on the balance sheet date both the liabilities will be considered and clarified as Current Liabilities.

Therefore, correct option is

d. Line 3

7 0
3 years ago
The Maple Grove Hotel manager has collected data on the number of rooms occupied each evening for the past 700 nights. The fewes
olga nikolaevna [1]

Answer: 65

Explanation:

10 or <65

(430-11)/8 =52.375, 11-1 =10+52.375 =62.375-->65

3 0
3 years ago
Both firms in a Cournot duopoly would enjoy lower profits if:
daser333 [38]

Answer:

each firm simultaneously increased output above the Nash equilibrium level.

Explanation:

A French mathematician, Antoine Augustine Cournot developed the Cournot duopoly in his economic model “Researches into the mathematical principles of the theory of wealth”, of 1838.

Cournot duopoly also known as the Cournot competition, is an economic model where two (2) business firms having identical cost functions compete in a oligopolistic market of imperfect competition with homogeneous products.

Under the Cournot duopoly, the competing firms offer identical products and thus, choose an amount or quantity to produce independently and at the same time because they cannot collude.

Both firms in a Cournot duopoly would enjoy lower profits if each firm simultaneously increased output above the Nash equilibrium level.

Hence, the advantage of the Cournot duopoly is that, it inhibits competing firms from deviating unilaterally.

4 0
3 years ago
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