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3 years ago

I am not a member of a credit union, therefore I _____ use any of its services.

Business

2 answers:

Ipatiy [6.2K]3 years ago

7 0

Answer:

Can't

Explanation:

I am not a member of a credit union, therefore I *CANT* use any of its services.

I hope this helps

scoray [572]3 years ago

4 0

The correct answer is D. Can't

Explanation:

Credit unions are a type of cooperative financial institution, this implies people who create, and manage credit unions are also those that use their services. Additionally, credit unions offer mainly credits or loans but in some cases, they cover other services such as mortgages or saving accounts. The previous ideas imply to use any of the services of a credit union you need to be an official member of the union and even participate in its management. Thus, if I am not a member of this institution I cannot use its services and this has no exception, which means if I want to use any service of credit unions then I must complete a process to become a member.

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1. BBQ sells over 200 products. Product A has sales of 400,000 units per year. The carry cost of each product is $36. The order

Mrac [35]

Answer:

a) The optimum order quantity is 789 units per order.

b) They have to reorder every 0.72 days.

a) It is not a good policy.

b) The quantity per order is greater than the optimum quantity per order.

c) The order quantity should be 632 units/order

Explanation:

The carry costs are the costs incurred by the company for having the products in stock (financial, storage, etc). They are proportional to the average inventory held by the company.

The order costs are the costs associated with the purchase order. They are proportional to the amounts of purchase orders by unit of time.

a) The optimum order quantity can be calculated with the Economic Order Quantity (EOQ) formula. This formula minimizes the sum of the carry costs and the order costs.

In this formula:

EOQ: Economic Order Quantity or optimum order quantity

S: Order costs

D: Annual quantity demanded

H: Carry cost

$EOQ =\sqrt{\frac{2SD}{H} }=\sqrt{\frac{2*28*400,000}{36} }= \sqrt{622,222.22} =788.81 \approx 789$

The optimum order quantity is 789 units per order.

b) If the annual demand is 400,000 and the quantity per order is 789 units, the company will do 506.97 orders a year.

$\frac{400,000\,units/year}{789 \,units/order}= 506.97 \,orders/year$

If we take 365 days a year, we have 1.39 orders a day.

$506.97\frac{orders}{year}*\frac{1\,year}{365\,days}= 1.39 orders/day$

This means it has to reorder every 0.72 days.

2) If we apply the EOQ formula we get:

$EOQ=\sqrt{\frac{2SD}{H} }= \sqrt{\frac{2*40*75,000}{15} }= \sqrt{400,000}= 632.45$

a) It is not a good policy.

b) The quantity per order is greater than the optimum quantity per order.

c) The order quantity should be 632 units/order

8 0

3 years ago

Find two competing products. Evaluate consumer reviews and ratings regarding these two products. Decide which is the superior pr

Vlada [557]

Dettol and Lifebuoy product comparison is taken

Explanation:

1. Features - The color of Dettol packaging is Green in color ,and Lifebuoy is Red in color. This makes the major physical difference in the products.

2.Benefits - Both oh them exhibit the same benefits of detoxing and use of disinfectant of germs. Soaps. liquid hand wash and hand sanitizers are the most common products of them.

3. Product Information- Dettol contains Chloroxylenol whereas Lifebuoy contains germ protection soap bars.

4.Style -Lifebuoy is a ring or horseshoe shaped and has a connecting line allowing the causality to be pulled to the rescuer in a boat.

5. Performance- Both the products have pros and cons attached to it. Where dettol is superior in some features whereas Lifebuoy has some superiority in other certain things.

Though both exhibit almost the same characters , it totally depends upon the person which they prefer over the two products.

5 0

4 years ago

Manuel Acala is a marketing analyst, but made only $28,000 last year because he was employed only part of the year. He paid $5,0

vovikov84 [41]

Answer:

$13000

Explanation:

There are two types of incomes; disposable income that is the income after paying income tax, and discretionary income that is the income after paying income taxes and necessities. Overall, the Manuel Acala made $28000; he paid $5000 in taxes.

Disposable income= $28000-$5000 = $23000

He spent $10000 on food

Discretionary income = $23000-$10000= $13000

5 0

3 years ago

The balance in the unearned fees account, before adjustment at the end of the year, is $95,500. Of these fees, $82,760 have been

Travka [436]

Answer:

Explanation:

The adjusting entries are shown below:

a. Unearned Fees A/c Dr $82,760

To Fees Earned A/c $82,760

(Being unearned fees are adjusted)

For recording the transactions we debited the unearned fees account and credited the fees earned account

b. Accounts Receivable A/c Dr $32,640

To Fees Earned A/c $32,640

(Being accrued fees recorded)

As the earned fees do not bill so we debited the account receivable account and credited the fees earned account

5 0

3 years ago

For an auto insurance company, the average cost of collision claims is $500 per year for careful drivers and $3000 per year for

Rainbow [258]

Answer:

option (c) $875 per year

Explanation:

Given;

Average cost of collision claims for careful drivers = $500 per year

Average cost of collision claims for for poor drivers = $3000 per year

Poor drivers known by the company = 15%

thus,

Careful drivers = (100% - 15%) = 85%

Therefore,

Insurance company's breakeven price for the collision insurance

= (Poor drivers known × Average cost of collision for poor drivers ) +( Careful drivers × Average cost of collision claims for careful drivers)

= 0.15 × $3000 + 0.85 × $500

= $450 + $425

= $875 per year

Hence, the correct answer is option (c) $875 per year

8 0

3 years ago