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ladessa [460]
3 years ago
10

he three main types of banks (Traditional, Credit Union, Online or Online-Only) have many tradeoffs with respect to technology,

convenience, personal experience, fees and savings rates. For this question, put aside all of the trade-offs and look only at savings rate offered on savings accounts. Rank the following from highest to lowest on the interest rates they offer to consumers on savings accounts.
Business
1 answer:
DIA [1.3K]3 years ago
5 0
Thank you for posting your question here at brainly. To rank the the types of banks from highest to the lowest on the interest rates they offer to consumers on savings accounts, please see below:

Credit Union 
Traditional 
<span>Online or Online-Only</span>
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Cusic Industries had the following operating results for 2019: sales = $34,621; cost of goods sold = $24,359; depreciation expen
Stolb23 [73]

Answer:

a. $1,132.50

b. $9,884.50

c. $10,586

d.1 $2,725

d.2 - $4,363.50

Explanation:

a. The computation of the net income is shown below:

= Sales - cost of good sold - depreciation expense - interest expense - income tax expense

= $34,621 - $24,359 - $6,027 - $2,275 - 377.50

= $1,132.50

The income tax expense

= ($34,621 - $24,359 - $6,027 - $2,275) × 25%

= $377.50

b. The operating cash flow is shown below:

= EBIT + Depreciation - Income tax expense

where,

EBIT =  Sales - cost of good sold - depreciation expense

       =  $34,621 - $24,359 - $6,027

       =  $4,235

And all other items would remain same

Now put these values to the above formula

So, the value would equal to

= $4,235 + $6,027- $377.50

= $9,884.50

c. Computation of the cash flow from assets for 2019 is shown below:

= Operating cash flow - net capital spending - changes in working capital

where, net capital capital = ending fixed assets - beginning fixed assets + depreciation

= $24,529 -  $19,970 + $6,027

= $10,586

Changes in working capital = (ending balance of current assets - ending balance of  current liabilities) - (beginning balance of current assets - beginning balance of  current liabilities)

= ($8,702 - $4,700) - ($7,075 - $4,010)

= $4,002 - $3,065

= $937

Now put these values to the above formula  

So, the value would equal to

= $9,884.50 - $10,586 - $937

= - $1,638.50

d.1 The computation of the cash flow to creditors is shown below:

= Interest expense - ending balance of long term debt + beginning balance of long term debt

= $2,725 - 0 + 0

= $2,725

d.2 The computation of the cash flow to stockholder is shown below:

= Cash flow from asset - cash flow to creditors

=  - $1,638.50 -  $2,725

= - $4,363.50

6 0
3 years ago
Marian Company's net income is $200,000; between January 1 and June 30, the company had 450,000 shares outstanding. On July 1, t
Marrrta [24]

Answer:

$.5

Explanation:

Net Income     $200,000

Shares outstanding from Jan 1-June 30  450,000*6/12=225,000

Shares outstanding from Jul 1-December 31  (450,000-100,000)*6/12=175,000

Weighted average shares outstanding                   (225,000+175,000)=400,000

Basic EPS=Net income-preferred stocks dividend (if any)/Weighted Average shares outstanding=$200,000/400,000=$.5

5 0
3 years ago
According to the signaling theory of capital structure, firms first use common equity for their capital, then use debt if and on
julia-pushkina [17]

Answer:

False

Explanation:

This statement is false because firms are always known for the issuance of debts prior to new stock. This is because they find issuing debt is way cheaper. Because of the cheapness of issuing debt, this method is preferred to using common equity for their capital. The use of debt financing may not signal any message to managers that the future does not look good.

3 0
3 years ago
Read 2 more answers
In an imaginary economy, consumers buy only hot dogs and hamburgers. The fixed basket consists of 10 hot dogs and 6 hamburgers.
aksik [14]

Answer:

The correct option is option D which is When 2006 is chosen as the base year, the inflation rate is 50 percent in 2007.

Explanation:

For the fixed basket, the price is 2006 is given as

Basket Price =$3*10+$5*6=$30+$30=$60

Now the price of basket in 2007 is given as

Basket Price=$5.40*10+$6*6=$54+$36=$90

Now as the inflation rate is given as

Price in 2007/Price in 2006=$90/$60=1.5

this indicates that the prices have become 1.5 times or have increase 50% Thus the inflation rate is 50%

3 0
3 years ago
Daily demand for a product is 100 units, with a standard deviation of 25 units. The review period 10 days and the lead time is 6
deff fn [24]

Answer:

1755 units are ordered

Explanation:

given data

Daily demand = 100 units

standard deviation = 25 units

review period = 10 days

lead time = 6 days

stock = 50 units

service probability = 98 percent

to find out

how many units should be ordered

solution

order quantity is calculated in fix time period formula is express as

q = \bar{d}(L+R) + z \sigma_{L+R} - I        .........................a

here L is lead time and R is review time and σ is standard deviation and I is stock and d is Daily demand

so first we find here standard deviation that is

\sigma_{L+R} = \sqrt{L} * \sigma   ...................1

\sigma_{L+R} = \sqrt{25} * 25

\sigma_{L+R} =100

so the value of z is for 98 % service probability is  2.05

so put here value in equation 1

q = 100 × ( 6 +10) +(2.05) × 100 - 50

q = 1755 units

so 1755 units are ordered

5 0
3 years ago
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