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3 years ago

The amount paid to a depositor for keeping their money in a savings account is called

Business

1 answer:

evablogger [386]3 years ago

3 0

The amount paid to a depositor for keeping their money in a savings account is called "interest".

You can open different sorts of personal savings accounts with banks, merchants and speculation firms. Savings accounts offer low returns contrasted and most different speculations, however are okay and a decent method to acquire enthusiasm until the point when you are prepared to move assets into higher-return ventures, for example, stocks and bonds.

The interest on every single individual savings accounts is computed as compound interest.

Regular savings accounts normally pay bring down loan fees than those paid by currency market accounts.

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Marika received a tip from a close friend who is an executive manager of a publicly traded company called MicroGreen Inc. The ma

saveliy_v [14]

Answer:

Information asymmetry.

Explanation:

Information asymmetry is characterized as a market failure that causes power imbalance. This occurs when some party involved has more information than another party.

This situation is becoming more widespread in microeconomics, as it interferes with the classic concept that the free market must follow the concept of perfect competition.

But information asymmetry is a market failure that directly impacts business relationships, and causes cases of adverse selection and moral hazard.

Ideally, there should be greater transparency in the financial statements that are required to be published so that the risk of information asymmetry between the company and investors is reduced.

7 0

3 years ago

You present strong arguments to college students to support your claim that tuition and fees at state colleges are too high. you

liq [111]

The answer to the question is because the effort to visit the legislators are too great.

Unfortunately, even though the audience members support your perspective, often times, people are reluctant to follow through on the actions needed to make the change. This is a common issue found in various parts of society – from your work life to your personal relationships.

4 0

3 years ago

The Human Resources department of French Quarter Seafood conducted a training workshop on setting and achieving organization goa

Olegator [25]

Answer:

The answer is (C) Goals should specify the target dates or deadline dates when they are to be attained.

Explanation:

SMART goals state that targeted objectives should be Specific, Measurable, Attainable, Relevant, and Timely. Alex has developed goals that are specific, measurable, attainable, and relevant – yet he has not defined the time needed to accomplish these goals, including their due date. Thus, Alex should think of a realistic time schedule that he plans to implement in order to achieve his goals.

4 0

3 years ago

Assume that you are the project manager for the construction of a 15-mile road. Further, assume that the work is uniformly distr

AfilCa [17]

Answer:

$200,000

Explanation:

This involves revenue recognition based on percentage of work completed (cost to completion technique). Revenue to be recognized per time is assessed based on the level of cost incurred compared with the total cost to be incurred.

Given that the total approved budget for the project is $600,000, If at the end of the first three weeks of work, $160,000 has been spent, and five miles of road have been completed for a a 15-mile road, the earned value of the project at the end of the first three weeks

= 5/15 * $600,000

= $200,000

3 0

3 years ago

Smith Company makes and sells a single product called a Pod. Each Pod requires 1.4 hours of labor at a labor rate of $9.60 per h

Ganezh [65]

Answer:

Total direct labor costs= $295,680

Explanation:

Giving the following information:

Each Pod requires 1.4 hours of labor at a labor rate of $9.60 per hour.

Production= 22,000 Pods.

First, we need to calculate the total direct labor hours required:

Total direct labor hours= 22,000*1.4= 30,800 hours

Now, the total direct labor costs:

Total direct labor costs= 30,800*9.6

Total direct labor costs= $295,680

3 0

3 years ago