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Veseljchak [2.6K]
3 years ago
7

John has finally gotten to the point where he can put away some money and start a rainy day fund. He wants to have access to his

savings and doesn't have enough to meet a large minimum deposit requirement. What would be his best option for a savings account?
Certificate of Deposit
Regular Basic Savings Account
High Yield Savings Account
Treasury Bill
Business
1 answer:
zzz [600]3 years ago
4 0

Answer:

Regular basic saving accounts

Explanation:

Rainy day fund is called a type of basic regular saving accounts. This account contains around 500 dollars to 1000 dollar It is like a payday loan. It is a type of liquid or we can say that it is like cash.

It is best in a bank account. such as saving account to pay the daily basis debts. Here people can access their money very quickly. When it is spent, you can again start to save for the future happening again.

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9. Do you believe it is possible for a global company to simultaneously achieve the goals of global efficiency and integration,
Volgvan
<h2>The given statement is true.</h2>

Explanation:

Let us understand the term, "Global Company".

Any company which is known for its business world-wide is termed as "Global company".

The given statement in the question is true. Yes a global company can achieve everything listed.

Since the company is efficient, they can start business all over the world.

Definitely the can span across the world, only by first satisfying the need of the nation.

Surely they will be known for innovation, because the 21st century needs innovation and a company can be popular only if it shows innovating ability.

All the given achievement is possible to get fulfilled.

4 0
3 years ago
If the price of gasoline is relatively high for a long time, consumers are more likely to buy more fuel-efficient cars or switch
kicyunya [14]

Answer: Option A

 

Explanation: In simple words, elasticity refers to the change in demand for a product due to change in its price.

If the price for the gasoline remains high in the long run then at one point substitution effect will come into play and consumers will shift their demand to the alternatives available.

However the product like gasoline will not show decrease in demand in the short run due to price as it more of an essential good to daily life.

Thus, the correct option is A.

8 0
3 years ago
Which of the following best describes a highly leveraged firm? A firm that relies heavily on equity A firm that has higher curre
Ivenika [448]
A firm that relies heavily on debt are the firm that describe a highly leverage firm. Highly leveraged firm refer to a firm that depends on borrowed capital. They have higher debt that equity. Their debt is what they considered as asset.
5 0
3 years ago
erry Inc. manufactures machine parts for aircraft engines. CEO Bucky Walters is considering an offer from a subcontractor to pro
Tju [1.3M]

Answer:

The Company will use the 64 unit cost for the make scenario

and use the 54 for the buy plus the fixed cost (6x 2000)

In the short term, when the fixed cost are unavoidable, the operating profit will increase to 6,000

in the long-term, the operating profit will increase to 18,000

Explanation:

Direct Materials 27

Direct Labor      16

Variable Overhead 14

Fixed Overhead      6

Total unit cost  63

Total Variable Cost 57

Offered Unit cost

108,000/2,000 = 54

Unit Cost               $63.00              $54.00              $9.00

Total Cost  $126,000.00   $108,000.00     $18,000.00

Unavoidable Fixed Cost   $12,000.00            -$12,000.00

Total Cost  $126,000.00   $120,000.00       $6,000.00

8 0
3 years ago
Kosher Pickle Company acquires all the outstanding stock of Midwest Produce for $19 million. The fair value of Midwest's assets
shutvik [7]

Answer:

$7.2 million

Explanation:

For computing the amount paid for the goodwill, first we have to calculate the fair value of the net asset which is shown below:

The fair value of net asset = Fair value of Midwest's assets - fair value of Midwest's liabilities

= $14.3 million - $2.5 million

= $11.8 million

And, the acquisition price of the outstanding stock is $19 million

So, the goodwill would be  

= $19 million - $11.8 million  

= $7.2 million

4 0
3 years ago
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