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3 years ago

Hannah needs a saving tool to set up an emergency fund.witch of the following saving tools should Hannah choose?

Business

2 answers:

Komok [63]3 years ago

6 0

You need to give the answer choices, but a bank account is good, savings account, or insurance

allochka39001 [22]3 years ago

5 0

Explanation:

There are depository institutions that deposit the money which people save and want to secure. Such accounts are called the saving tools. There are four types of saving tools that include Saving Accounts, Money Market Deposit Accounts, Checking Accounts and Certificates of Deposits. Every account is used to secure money which people saved for themselves. Saving Accounts and Certificates of Deposits are commonly popular among people. People deposit their saved amounts and can enjoy a pretty amount of interest on their saved money while keeping their principal amount secure.

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During the month of January, Marcos & Henesey, Inc. had total manufacturing costs of $165,000. It incurred $62,000 of direct

adell [148]

Answer:

$68,800

Explanation:

Let the direct material used be X,

Direct Material + Direct Labor + Over Head = Total product cost

X + $62,000 + $40,000 = $165,000

X + $102,000 = $165,000

X = $165,000 - $102,000

X = $63,000 Materials Used

Raw Materials used = Beginning Inventory + Purchased - Ending Inventory

Raw Materials used = Beginning Inventory + Purchased - [Beginning Inventory + $5,800]

$63,000 = Beginning Inventory + Purchased - Beginning Inventory - $5,800

$63,000 = Purchased - $5,800

Purchased = $63,000 + $5,800

Purchases = $68,800

6 0

3 years ago

Lance Whittingham IV specializes in buying deep discount bonds. These represent bonds that are trading at well below par value.

Marianna [84]

Answer:

$508.63

Explanation:

For this question, we use the Present value formula that is reflected in the attached spreadsheet. Kindly find it below:

Provided that

Given that,

Future value = $1,000

Rate of interest = 14%

NPER = 15 years

PMT = $1,000 × 6% = $60

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after solving this, the present value is $508.63

3 0

3 years ago

HELP Please thanks Xxxxxxxxx

Artemon [7]

The last one will be the answer

4 0

2 years ago

Read 2 more answers

why is allowance for doubtful accounts credited, instead of accounts receivable, when recording the adjusting entry for bad debt

alukav5142 [94]

The allowance for doubtful accounts credited, instead of accounts receivable when recording the adjusting entry for bad debts Because accounts receivable is made up of numerous client accounts, it cannot be credited unless it is known which particular customer will not pay.

The provision for questionable accounts is referred to as a "counter asset" since it reduces the value of an asset, in this example, the accounts receivable. The compensation, often known as a doubtful account, is management's projection of the amount of accounts receivable that customers will not pay. Let's assume, using the aforementioned example, that on June 30 a business reports an accounts receivable debit balance of $1,000,000. The business predicts that $50,000 will not be converted into cash and expects some consumers won't be able to pay the full amount.

learn more about doubtful account visit brainly.com/question/28944789

#SPJ4

7 0

1 year ago

A company purchased land for $350, 000 cash. Real estate brokers commission was $25,000 and $35,000 was spent for demolishing an

docker41 [41]

Under the historical cost principle the cost of land would be recorded at: d. $410,000 .

Explanation:

Given:

Purchase cost of land = $350,000

Brokers commission = $25,000

Cost for demolishing old building = $35,000

Principle cost of land = ?

Principle cost of land= Purchase cost of land+ Brokers commission+ Cost for demolishing old building

= $350,000+$25,000+$35,000

= $410,000

Principle cost of land= $410,000

The correct option is d.$410,000.

7 0

3 years ago