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2 years ago

Overdraft protection means the bank will protect your funds from excessive taxation.

2 answers:

5 0

The correct answer is (a.) True. Overdraft protection means the bank will protect your funds from excessive taxation. This protection is most likely to be offered by small business since it helps them to gain additional income fees.

Bess [88]2 years ago

3 0

That statement is true.

When you sign for a overdraft protection, the Bank would send many notification on your account to prevent you from using more money for consumption that you actually have in the bank.

This would help you to prevent excessive taxation because the amount of money used for personal consumption is not eligible for tax deduction.

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Paul splits an investment of $20000 , a portion earning simple interest at a rate of 3.8 % per year and the rest earning at a ra

koban [17]

Answer:

$9,000 (amount invested at 3.8%)

$11,000 (amount invested at 8.1%)

Explanation:

Let us calculate the total interest earned by both investments

Interest earned= 0.06165* 20,000= $ 1,233

Let principal invested at 3.8% be X

Use formula Interest= principal* rate*time in years

Interest= X*0.038*1= 0.038X

Principal invested at 8.1% be (20,000-X)

So Interest = (20,000-X)*0.081*1= 1,620-0.081X

Total interest earned = Interest at 3.8% + Interest at 8.1%

1,233= 0.038X + 1,620 -0.081X

Rearranging

0.043X= 387

X= 387/0.043

X= $9,000 (amount invested at 3.8%)

Substitute in equation

Principal invested at 8.1%= 20,000-X

= 20,000- 9,000

= $11,000 (amount invested at 8.1%)

8 0

3 years ago

Startup firms can struggle to gain lower prices from rivals, but FreshDirect seems to have found several ways to gain lower supp

chubhunter [2.5K]

Answer:

D. FreshDirect shares warehouse space with farmers and livestock producers

Explanation:

FreshDirect does not share its own resources with the supplier in order to get a lower rate. If it does that , he would be practicing a business model which has different entities attached to each other to work for greater goal.

Here, this is not the case. FreshDirect tends to look for out of the box ways to lower supplier cost but "FreshDirect shares warehouse space with farmers and livestock producers" is not one of those ways.

8 0

3 years ago

An interview begins _____.

Zina [86]

When the first question is asked. Up until then you could decide to walk away.

7 0

2 years ago

Read 2 more answers

A layer of security that credit card companies are starting to do?

Sindrei [870]

Answer:

2fa (2 factor authorization)

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3 years ago

Suppose that Fizzo and Pop Hop are the only two firms that sell orange soda. The following payoff matrix shows the profit (in mi

S_A_V [24]

Answer: See explanation

Explanation:

A pay off matrix has been attached.

If Fizzo decides to advertise, it will earn a profit of ($8 million) if Pop Hop advertises and a profit of ($15 million) if Pop Hop does not advertise.

If Fizzo decides not to advertise, then, it will earn a profit of ($2 million) if Pop Hop advertises and on the other hand, a profit of ($11 million) if Pop Hop does not advertise.

If Pop Hop advertises, then Fizzo makes a higher profit if it chooses (to advertise). On the other hand, if Pop Hop doesn't advertise, then Fizzo will make higher profit if it chooses (to advertise).

In a scenario whereby the firms act independently, the strategies that they will choose is that that both of the firms will prefer and choose to advertise.

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2 years ago