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KiRa [710]
3 years ago
6

Carlos is looking to open an account at a bank, but wants to avoid as many fees as possible. Which would not help minimize fees

paid to a bank?
A. checking with the bank to know what fees it has so he can avoid them

B. only using his bank's ATMs to avoid ATM fees

C. avoiding the use of a check register

D. comparing various banks' fees and services
Business
1 answer:
Nadusha1986 [10]3 years ago
4 0

Answer:

C. avoiding the use of a check register

Explanation:

In order to avoid the extra fee , Carlos can follow the steps as -

1. Consult with the bank to get to know the fees , so as to avoid it .

2. one of the good method , to avoid fees , is to only use ATM of the bank to withdraw cash , so as to avoid the extra charges that are deducted by using other bank's ATM .

3. By comparing the services and fees of all the bank , Carlos , can save extra bucks .

hence , the option , which would not help to reduce the fees is ( C ) .

You might be interested in
3. You have $100 to invest. The price of XYZ stock is $100. You sell short one share of XYZ and then invest all available funds
tigry1 [53]

Answer:

HPR = holding period Return is 20%

Explanation:

  • Given original Investment = $100
  • Short sale proceeds for 1 share = $100
  • Investment made of $100 + short sale proceeds of $100 at 5% YTM.
  • So Maturity Value = Investment x (1+YTM)^number of years  
  • = 200 x (1 + 0.05)^1 = 210  

 

  • Therefore, In order to cover Short sale of 1 share, we will have to buy 1 share at a closing value of $90  
  • As such, holding period Return = (Investment proceeds from ZCB - Buying price of stock - Investment amount) / Investment Amount  
  • = (210 - 90 - 100) / 100 = 0.2 or 20%  

 

  • Hence, HPR = holding period Return is 20%  
5 0
3 years ago
O societate producătoare de confecții vinde produse finite la cost de producție de 200 lei, marja de profit 10%, TVA 19% unui an
nlexa [21]

Answer:

Prețul producătorului către angrosist este de 261,8 lei

Prețul vânzătorului cu ridicata către comerciantul cu amănuntul este de 301,07 lei

Prețul vânzătorului cu amănuntul pentru clienți este de 331,18 lei

(Notă: toate prețurile includ TVA)

Explanation:

În primul rând, trebuie să stabilim prețul producătorului către angrosist

Prețul producătorului către angrosist = (Cost de producție + Marja de profit) + TVA

Unde

Costul de producție = 200 lei

Marja de profit = Costul de producție x Rata marjei de profit = 200 lei x 10% = 20 lei

TVA = Preț de vânzare x Tarif TVA = (200 lei + 20 lei) x 19% = 41,8 lei

Prețul producătorului către angrosist = (200 lei + 20 lei) + 41,8 lei = 261,8 lei

Acum calculați prețul angrosistului către comerciantul cu amănuntul

Prețul vânzătorului cu ridicata către vânzătorul cu amănuntul = Prețul producătorului către vânzătorul cu ridicata + Marja de profit a vânzătorului cu ridicata + TVA cu ridicata

Unde

Prețul producătorului către angrosist = 200 lei + 20 lei = 220 lei

Marja de profit = 220 lei x 15% = 33 lei

TVA angrosist = (220 lei + 33 lei) x 19% = 48,07 lei

Plasarea valorilor în formulă

Prețul angrosistului către retailer = 220 lei + 33 lei + 48,07 lei = 301,07 lei

Acum calculați prețul vânzătorului cu amănuntul pentru clienți

Prețul vânzătorului cu amănuntul către clienți = Prețul cu ridicata al vânzătorului cu amănuntul + Marja de profit a vânzătorului cu amănuntul + TVA cu amănuntul

Unde

Prețul angrosistului către retailer = 220 lei + 33 lei = 253 lei

Marja de profit = 253 lei x 10% = 25,3 lei

TVA comerciant cu amănuntul = (253 lei + 25,3 lei) x 19% = 52,88 lei

Plasarea valorilor în formulă

Prețul comerciantului către clienți = 253 lei + 25,3 lei + 52,88 lei = 331,18 lei

Sau / OR

First, we need to determine the Price of the Manufacturer to wholesaler

Price of Manufacturer to wholesaler = ( Production cost + Profit Margin ) + VAT

Where

Production cost = 200 lei

Profit Margin = Production cost x Profit margin rate = 200 lei x 10% = 20 lei

VAT = Selling Price x VAT Rate = ( 200 lei + 20 lei ) x 19% = 41.8 lei

Price of Manufacturer to wholesaler = ( 200 lei + 20 lei ) + 41.8 lei = 261.8 lei

Now calculate the price of the wholesaler to retailer

Price of wholesaler to retailer = Price of Manufacturer to wholesaler + Profit Margin of wholesaler + VAT of wholesaler

Where

Price of manufacturer to wholesaler = 200 lei + 20 lei = 220 lei

Profit Margin = 220 lei x 15% = 33 lei

VAT of wholesaler = ( 220 lei + 33 lei ) x 19% = 48.07 lei

Placing values in the formula

Price of wholesaler to retailer = 220 lei + 33 lei + 48.07 lei = 301.07 lei

Now calculate the price of the retailer to customers

Price of retailer to customers = Price of wholesaler to retailer + Profit Margin of retailer + VAT of retailer

Where

Price of wholesaler to retailer = 220 lei + 33 lei = 253 lei

Profit Margin = 253 lei x 10% = 25.3 lei

VAT of retailer= ( 253 lei + 25.3 lei ) x 19% = 52.88 lei

Placing values in the formula

Price of retailer to customers = 253 lei + 25.3 lei + 52.88 lei = 331.18 lei

7 0
3 years ago
Who among the following is a manager with good time-management skills?
ioda

Answer:

c. Jonathan, who segregates tasks and classifies them based on priority needs

Explanation:

Time management entails planning and controlling how much time one spends to undertake assigned tasks. Good time management skills increase one's efficiency and productivity.

Phone calls should be scheduled during less productive hours. One should delegate tasks where possible to enable timely completion. It is important to undertake one task at a time in order to be efficient. Tasks should be undertaken based on priority.

Therefore, options a,b and d are incorrect and option c is correct.

7 0
3 years ago
Explain the method of bookkeeping ?​
Mariulka [41]
The two main accounting methods are cash accounting and accrual accounting. Cash accounting records revenues and expenses when they are received and paid. Accrual accounting records revenues and expenses when they occur. Generally accepted accounting principles (GAAP) requires accrual accounting.
3 0
3 years ago
For the current year ($ in millions), Central Park Corp. had $80 in pretax accounting income. This included bad debt expense of
KatRina [158]

Answer:

$69

Explanation:

Calculation for Central Park's taxable income

Pretax accounting income $80

Less Temporary differenceDepreciation (15)

($35 – $20)

Bad debt expense $4

($6 – $2)

Taxable income$69

($80-$15+$4)

Therefore Central Park's taxable income will be $69

8 0
3 years ago
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