1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Gemiola [76]
4 years ago
10

Your friend Ed has a money market mutual fund​ account, automatic deposit of his paycheck into an​ interest-bearing checking acc

ount at the company credit​ union, and a CD from the local branch of a bank that advertises​ "coast-to-coast" banking. What is the benefit of​ "mixing and​ matching" financial institutions and their​ services?
Business
1 answer:
kondaur [170]4 years ago
7 0

Answer:

Explanation:

Mixing and matching financial institutions and their services involves using services of different financial institutions. The benefits of doing this is to utilize their different lending and borrowing interest rates. One that has the lowest lending interest rate will be used to get credit and the one with the highest savings rate will be chosen for investments. Another benefit is to minimize fees, minimize risk of loss could there be a bank-run and to also enjoy the increase in flexibility that comes with managing money in different accounts.

You might be interested in
A manager experiences a cashier shortage that averages $50. 00 per day. if the manager's operation is open 360 days per year, wh
ad-work [718]

A manager experiences a cashier shortage that averages $50. 00 per day. if the manager's operation is open 360 days per year, 1800 will be this manager's annual revenue loss due to cashier shortages

In colloquial language, the average is a single number representing a list of numbers, usually the sum of the numbers divided by the number of numbers in the list. For example, the average of the numbers 2, 3, 4, 7, and 9 is 5.

Suppose there are four types of means: mean, mode, median, and range. In fact, the range is a measure of spread or spread, while others are the most common "measure of central tendency".

Noun. Mean, Mean, Median, Standard means something that represents the midpoint. The average is the quotient obtained by dividing the sum of a set of numbers by the number of numbers. scored an average of 85 points on the test. The mean is the simple mean or the middle value between the two extremes.

In colloquial language, the average is a single number representing a list of numbers, usually the sum of the numbers divided by the number of numbers in the list. For example, the average of the numbers 2, 3, 4, 7, and 9 is 5.

Suppose there are four types of means: mean, mode, median, and range. In fact, the range is a measure of spread or spread, while others are the most common "measure of central tendency".

Noun. Mean, Mean, Median, Standard means something that represents the midpoint. The average is the quotient obtained by dividing the sum of a set of numbers by the number of numbers. scored an average of 85 points on the test. The mean is the simple mean or the middle value between the two extremes.

Learn more about averages   here

brainly.com/question/20118982

#SPJ4

5 0
2 years ago
A(n) ________ includes how employees should react to security problems, whom they should contact, the reports they should make,
Alona [7]
An "Incident Response Plan". :)
6 0
3 years ago
Read 2 more answers
Both Apple and Google sell electronic devices, and each of these companies has a different product mix.
Marrrta [24]

Answer:

Apple contribution margin

$    300 per unit

Apple Break even point:

$    120 units

Google contribution margin

 $   200

BEP

 $     50

Explanation:

\frac{Fixed\:Cost}{Contribution \:Margin} = Break\: Even\: Point_{units}

<em><u>Where:</u></em>

Sales \: Revenue - Variable \: Cost = Contribution \: Margin

Apple contribution margin

550 - 250 = 300 per unit

Apple Break even point:

36,000 / 300 = 120 units

Google contribution margin

470 - 270 = 200

BEP

10,000 /  200 = 50

3 0
3 years ago
Production used 2.5 labor hours per finished unit, and the company actually paid $21 per hour, totaling $52.50 per unit of finis
jeka94

Answer:

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual hours

Explanation:

Giving the following information:

The production used 2.5 labor hours per finished unit, and the company paid $21 per hour, totaling $52.50 per unit of finished product.

<u>We weren't provided with enough information to solve the problem. We need estimated production hours and rates. But, I can leave the formula to solve it.</u>

To calculate direct labor rate variance, we need to use the following formula:

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Hours

3 0
3 years ago
1) In your own words, explain the difference between simple interest and compound interest.
galben [10]
One interest is simple the other is compound......
6 0
4 years ago
Other questions:
  • Total interest paid on a 30-year straight note was $230,000 during the term of the loan. The annual interest rate was 6.6%. What
    5·1 answer
  • Justin signed a finance agreement for his rent purchase what is the total amount he will pay back under this agreement?
    13·2 answers
  • SWOT analysis is a framework for analyzing the internal and external environment of a company. It consists of strengths, weaknes
    10·1 answer
  • Mike receives a payroll check from National Computer Systems, Inc., and indorses it by signing his name on the back of the check
    12·1 answer
  • At the end of the current period, Maltese, Inc. reports the following amounts: Assets = $52,300; Liabilities = $21,100; Dividend
    9·1 answer
  • Marketers should keep a close eye on the ___________ environment in order to ensure that their product sales don't decline when
    14·1 answer
  • Which of the following is a factor that is usually considered in a cost benefit
    8·1 answer
  • 6%/12%Your grandmother is giving you $100 a month for four years while you attend college to earn your bachelor's degree. At a 6
    6·1 answer
  • Which of the following is a characteristic of a task-oriented leader? staying accountable for assigning work ensuring everyone r
    11·1 answer
  • Employers who require the use of personal mobile devices in the workplace must also reimburse their employees for cellular voice
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!