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3 years ago

The Federal Deposit Insurance Corporation (FDIC) insures deposits up to $250,000 in.

Business

1 answer:

san4es73 [151]3 years ago

4 0

Answer:

commercial banks and thrift institutions

Explanation:

The Federal Deposit Insurance Corporation was established in 1933 and its sole aim is to ensure deposits. The deposits that are insured by the FDIC are from $250,000 and above deposits of various accounts (savings, checking, etc), certificates of deposits, etc.

Cheers.

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Explain how someone can be employed and still live below the poverty line.

Rama09 [41]

- person working a part time job but seeking full time employment
-had a job but earns low wages
-people that have large families
-member of family with serious health issue

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3 years ago

Airline Accessories has the following current assets: cash, $93 million; receivables, $85 million; inventory, $173 million; and

prohojiy [21]

Answer:

See below

Explanation:

1. The current ratio is the sum of current assets divided by current liabilities. It used to measure the ability of the airlines accessories to meet its short term obligation due within a year

Current ratio = $93 million + $85 million + $9 million / $80 million + $26 million

Current ratio = $187 million / $106 million

Current ratio = 1.76:1

Current ratio = 1.76 times

2. Acid test ratio. This measure liquidity but with adjustment for risky current assets i.e Inventory

Acid test ratio = Current assets - Inventories / Current liabilities

Acid test ratio = ($187 million - $173 million) / $106 million

Acid test ratio = $14 million / $106 million

Acid test ratio = 0.13:1

Acid test ratio = 0.13 times

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3 years ago

The following selected transactions were taken from the records of Rustic Tables Company for the year ending December 31: June 8

Soloha48 [4]

Answer:

The journal entries for all transactions are as follows;

Explanation:

June 8. Bad Debts Expense Dr.$8,440

Accounts-Receivable-Kathy Quantel Cr.$8,440

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Bad Debt Expense Dr. $9,500

Accounts Receivable-Rosalie Oakes Cr.$12,500

Oct 16. Accounts-Receivable-Kathy Quantel Dr.$8,440

Bad Debts Expense Cr. $ 8,440

Cash Dr. $8,440

Accounts-Receivable-Kathy Quantel Cr.$8,440

Dec 31. Bad debt Expense Dr. 24,955

Account Receivable-Wade Dolan Cr.$4,600

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A/R-Amber Kisko Cr.$7,150

A/R- Shannon Poole Cr.$2,975

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3 years ago

Lowe’s learned that 25 percent of the time its customers buy a garden hose, they also purchase a sprinkler. Patterns and relatio

podryga [215]

Answer: Data mining

Explanation: Patterns and relationships as indicated are discovered through a technique known as data mining, which is defined as the use of a variety of statistical analysis tools in marketing research to uncover previously unknown patterns in data or relationships among variables. It is also given as a technique for searching large scale databases for patterns; used mainly to find previously unknown correlations between variables that may be commercially useful.

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3 years ago

Read 2 more answers

Which of these options for saving money offers the lost liquidity?

daser333 [38]

The option of saving money that offers the most liquidity is a piggy bank. (option C)

<h3>What is liquidity?</h3>

Liquidity can be described as the ease with which an asset can easily be converted to cash. Paper currency and coins is the most liquid assets. Real estate is illiquid because it takes a long time for a real estate asset (e.g a house) to be sold and proceeds converted to cash.

Liquid assets earn less returns when compared with assets that are less liquid. This is because illiquid assets earn an illiquidity premium. An illiquidity premium compensates holders for holding an illiquid asset.

Money in a piggy bank is already in cash or coins and there is no need to convert it to cash again. Also, money in a piggybank is more accessible than the other options.

To learn more about liquidity, please check: brainly.com/question/15691477

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2 years ago