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3 years ago

What is one advantage of keeping your money in a savings account

1 answer:

4 0

The advantage of keeping your money in a savings account is that you can withdraw money whenever you want from your account.

Explanation:

Unlike the long term investments which are withdrawn only upon maturity.

The initial investment is also very low which is depending on the type of savings account., as compared to the long term investment.

People who need to frequently deposit or withdraw amount in their bank accounts prefers savings account.

It also deals with small amount withdrawn or deposit.

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What was the approximate time period of the sales era?

Pie

The sales era was 1920s-1940s

5 0

2 years ago

A simple discount note results in

Nikolay [14]

A simple discount note results in interest that are deducted in advance, this can just be simply called a discount. It is usually being confused with markdown. Discount is a deduction in the price of a product base on the purchase of the customer while markdown is a reduction of price based on inability to be sold.

6 0

2 years ago

Read 2 more answers

Phillips industries runs a small manufacturing operation. for this fiscal year, it expects real net cash flows of $197,000. the

Stolb23 [73]

Answer: Present value of the cash flows of the company is $1,158,824.

Explanation: Philips industries have the cash flow for $197,000. The industry needs to find the present value of the cash flow and the cash flows growth is decreasing every year by 6%.

The present value of the cash flows for perpetuity with decreasing growth rate is:

$Present value = Cash flow for year 1 (C1) / (discount rate - growth)$

where, Cash flow for the year 1 (C1) = $197,000

Discount rate (r) = 11%

Growth rate (g) = -6%

$Present value of the cash flows (PV) = $197000/[0.11 - (-0.060)]$

$Present value of the cash flows (PV) = $197000/0.17$

Present value of the cash flows (PV) = $1,158,824

Therefore the present value of the cash flows of the company is $1,158,824.

8 0

2 years ago

Harlose Suits owns more equipment than required for manufacturing goods during periods of regular demand in order to tackle sudd

alex41 [277]

Answer:

Harlose Suits owns more equipment than required for manufacturing goods during periods of regular demand in order to tackle sudden demand surges. It also has a certain reserve of produced goods to tackle material shortages. In this case, the reserve of equipment and produced goods are examples of the capacity cushion.

Explanation:

The capacity cushion is the amount of reserve capacity that a business keeps to manage sudden increases of demand or momentarily losses of production capacity.

5 0

2 years ago

Suppose that the populations of the United States and China both increase by 12 million people in one year. What would be the re

JulijaS [17]

Answer:

In the given year, American population grew by 4% while China's population grew by 1.2%.

Explanation:

The present problem establishes that in one year the populations of China and the United States both increased by 12 million people. But both countries have different populations: China has a population of 1 billion inhabitants, while the United States has 300 million.

To determine the percentage of population increase in each country, we must perform cross multiplications:

-U.S:

300 = 100

12 = X

(12 x 100) / 300 = X

1,200 / 300 = X

4 = X

The United States grew by population 4% in the year.

-China:

1,000 = 100

12 = X

(12 x 100) / 1,000 = X

1,200 / 1,000 = X

1.2 = X

China grew by population 1.2% in the same period of time.

8 0

2 years ago

Read 2 more answers