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3 years ago

Match each type of savings account with its features

Business

2 answers:

ExtremeBDS [4]3 years ago

8 0

Stock-rises and falls with market
youth-schools often sponsor it
NOT SURE ABOUT THESE LAST 2
Credit Union account-members own it
online-minimal overhead = high interest rate

bezimeni [28]3 years ago

3 0

Answer:

Youth savings - schools often sponsor it

Most schools sponsor youth savings accounts by having them sign up while at school to avoid different charges. They usually have the students 'work' these transactions with the assistance of a credit union at school so students can learn how they are run.

Stock-indexed CD - rate rises and falls with the market

An indexed certificate of deposit (CD) is a savings account where the rate of return fluctuates with the up and down of the stock market. Depending on how the stock market is doing will determine the interest earned on the CD.

Credit Union - members own it

A Credit Union is a member-owned financial cooperative controlled by its members. When you are a member, you are being provided competitive rates and services for being apart of the Credit Union.

Online Account - minimal overhead means higher interest

Most online only savings account have higher interest rates because they have less overhead to pay for labor. These savings accounts do not require people to need a branch to go into or representatives available often.

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Parcel Corporation expects to pay a dividend of $5 per share next year, and the dividend payout ratio is 50 percent. If dividend

chubhunter [2.5K]

Answer:

The present value of growth opportunities is $23.08

Explanation:

First, we need to calculate the price with growth

Stock Price = Expected Dividend / ( Required rate of return - growth rate )

Where

Expected Dividend = $5

Required rate of return = 13%

Growth rate = 8%

Pacing values in the formula

Stock Price = $5 / ( 13% - 8% )

Stock Price = $100

Now determine the expected EPS

EPS = Dividend / Payout ratio

Where

Dividend = $5

Payout ratio = 50%

Placing values in the formula

EPS = $5 / 50%

EPS = $10

Now calculate the present value of growth opportunity

PV of Growth opportunity = Price with growth - ( EPS / Required rate of return )

Where

Price with growth = $100

EPS = $10

Required rate of return = 13%

Placing value in the formula

PV of Growth opportunity = $100 - ( $10 / 13% )

PV of Growth opportunity = $100 - $76.92

PV of Growth opportunity = $23.08

5 0

3 years ago

Suver Corporation has a standard costing system. The following data are available for June: Actual quantity of direct materials

Sergeu [11.5K]

Answer:

$6.25

Explanation:

Given the data below from the above information,

The actual quantity of direct materials purchased 24,000 pounds

Standard price of direct materials price $6 per pound

Material price variance unfavorable -$6,000

Material quantity variance $2,400

Therefore;

Direct material price Variance = (Standard price - Actual price) × Actual quantity

- $6,000 = ($6 - Actual price ) × 24,000

-$6,000 = $144,000 - 24,000 AP

24,000 AP = $144,000 + $6,000

24,000 AP = $150,000

AP = $6.25

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3 years ago

Which of the following is an example of an annuity? A lump-sum payment made to a life insurance company that promises to make a

yarga [219]

Answer:

A lump-sum payment made to a life insurance company that promises to make a series of equal payments later for some period of time.

Explanation:

4 0

3 years ago

Read 2 more answers

William ibbs, a professor at the university of california at berkeley, found that high project management maturity results in __

ozzi

William Ibbs, a professor at the university of California at Berkeley, found that high project management maturity results in lower direct costs of project management.

Project management is the process of directing the work of a team to achieve all project goals within given constraints. This information is typically documented in the project documentation created at the beginning of the development process. The main constraints are scope, time and budget.

Project management is the application of processes, methods, skills, knowledge and experience to achieve specific project objectives within agreed parameters and according to project acceptance criteria. Project management has the end result of being constrained by tight time frames and budgets.

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2 years ago

Chester has negotiated a new labor contract for the next round that will affect the cost for their product Cat. Labor costs will

liberstina [14]

Question Completion:

Assume the following:

Selling price per unit = $54

Current total variable cost = $24.50

Total Fixed Costs = $69,000

Answer:

Chester

To break-even on product Cat, Chester needs to sell 2,379 units instead of 2,339 units.

Explanation:

a) Calculations:

New variable cost will increase by ($3.40 - $2.90)/2 = $0.25

New variable costs will be = $24.75 ($24.50 + $0.25)

Contribution margin per unit = $29.25 ($54 - $24.75)

New fixed costs = $69,000 + ($0.25 * 2,339) = $69,585

Old break-even units = $69,000/$29.50 = 2,339 units

New break-even units = Fixed cost/contribution margin per unit

= $69,585/$29.25

= 2,379 units

b) Chester's break-even point in units is calculated by using the break-even formula: Fixed Costs ÷ (Sales price per unit – Variable costs per unit) or $69,585/$29.25. The variable cost per unit includes only the cost that will be passed to customers. This means that half of the labor cost is regarded as variable, while the other half is taken is fixed cost.

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3 years ago