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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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A customer invests 50000. 10 years later, the investment is worth 100000. the customers annual compouned rate of return is?

9966 [12]

<u>Answer:</u> The rate of interest is 7.18 %

<u>Explanation:</u>

To calculate the rate of interest, we use the equation used for the interest compounded monthly follows:

$A=P(1+\frac{R}{n})^{nT}$

A = Amount after time period 'T' = $100,000

P = Principal amount = $50,000

R = rate of interest = ?

n = Number of times interest applied per time period = 1 (annually)

T = time period = 10 years

Putting values in above equation, we get:

$100,000=50,000(1+\frac{R}{1})^{1\times 10}\\\\R=0.0718$

Calculating the rate of interest in percentage:

$\Rightarrow R\times 100=0.0718\times 100=7.18\%$

Hence, the rate of interest is 7.18 %

7 0

3 years ago

Take a quick look at all the market segments by clicking on the SEGMENTS/SUMMARY tab. As you analyze the opportunity for each se

nignag [31]

Question Completion:

Demographic Data on Market Segments

Segment Market Growth Purchase Average

Size Rate Behavior Price

Urban Commuters 20,000 3% 23% $45.00

School Children 35,000 1% 20% $24.00

Outdoor Enthusiasts 14,000 5% 12% $90.00

Luxury Trend Followers 5,000 7% 11% $70.00

University Students 24,000 5% 15% $32.00

Answer:

From looking at the information provided about each segment, the segment which represents the greatest portion of the entire market at close to 36% is:

School Children.

Explanation:

a) Data and Calculations:

Demographic Data on Market Segments

Segment Market Growth Purchase Average Market

Size Rate Behavior Price Size %

Urban Commuters 20,000 3% 23% $45.00 20.4%

School Children 35,000 1% 20% $24.00 35.7%

Outdoor Enthusiasts 14,000 5% 12% $90.00 14.3%

Luxury Trend Followers 5,000 7% 11% $70.00 5.1%

University Students 24,000 5% 15% $32.00 24.5%

Total market size 98,000

b) Market Size in percentage is computed as a ratio of each market segment to the total market size. Companies engage in market segmentation and sizing by dividing a target market into smaller, more defined categories that share similar characteristics such as demographics, interests, needs, or locations. The purpose is to identify the different groups within the target market so that more tailored and valuable goods and services can be provided to meet the customers' sweet spots.

5 0

3 years ago

Even though the remainder of this assignment will focus on motivation, there are two additional determinants of job performance.

Marat540 [252]

Answer:

The answer is Job perfomance= Motivation x Ability x Situational x Constraints

Explanation:

Because in this formula, job performance is how well someone performs the requirements of the job, motivation is the degree to which someone works hard to do the job well, ability is the degree to which workers possess the knowledge, skills, and talent to do the job well, and situational constraints are factors beyond the individual control of the empolyees. Such as policies, resources. Since job perfomance is a multiple function of motivation times ability times situational constraints, the job performance wil decline if one of those elements is considered insuficient.

6 0

3 years ago

Journalize the adjusting entries from the adjustments columns of the worksheet. (Credit account titles are automatically indente

Crazy boy [7]

Answer:

The following are the adjusting entries and the amounts entered are supposed and imaginary.

Explanation:

Date Account Titles and Explanation Debit Credit

Mar. 31 Supplies Expense Dr 10,000

Supplies Account Cr 10,000

When supplies are expensed out. If supplies have a balance of 30000 and 10000 is used up.

Mar. 31 Depreciation Expense Dr 5000

Accumulated Depreciation Cr 5000

Depreciation expense amounts to 5000 for the current year

Mar. 31 Unearned Service Revenue Dr 3000

Service Revenue Cr 3000

Unearned Service Revenue is a liability of the person or company.

Mar 31. Salaries and Wages Expenses Dr 2000

Cash Cr 2000

Slaries and wages paid in full by cash to 2000

6 0

3 years ago

Micromedia company offers computer training seminars on a variety of topics. In the seminars each student works at a personal co

Soloha48 [4]

Answer:

the break-even quantity is 18 students

Explanation:

Break Even point is when a firm neither makes a profit nor a loss

Break Even = Fixed Costs/Contribution per Unit

= $4800/($300-$30)

= 17.77777778

= 18 students

Please note that, the cost for the conference room, instructor compensation, lab assistants, and promotion is $4800 represents a fixed cost as this does not vary with the number of students taking the training seminars.

3 0

3 years ago