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sertanlavr [38]
3 years ago
7

Karen doesn’t like driving to the local bank branch, but doesn’t think that it is secure to do financial transactions on her pho

ne. What is the best banking option for her?
She should use online banking services and never go to her local bank branch.
She should use online banking and only use her local bank when necessary.
She should use mobile banking to avoid the security risks of online banking.
She should use traditional banking for everyday transactions and questions.
Business
2 answers:
timofeeve [1]3 years ago
8 0
It would probably be best to choose online banking and only use her local bank when necessary.
Alex777 [14]3 years ago
3 0

The answer is<u> "She should use online banking and only use her local bank when necessary".</u>


Online banking, otherwise called internet banking, is an electronic payment framework that empowers clients of a bank or other budgetary organization to direct a scope of monetary exchanges through the money related establishment's site. The online banking system will regularly interface with or be a piece of the center keeping money framework worked by a bank and is as opposed to branch saving money which was the customary way clients gotten to saving money administrations.  


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Major Corp. is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an annu
Annette [7]

Answer:

a. $ 82, 063

b. - $ 19,206

c.  11.24%

Explanation:

Net Present Value is calculated by taking the Present Day (Discounted) value of all future Net Cash flows based on the company`s Cost of Capital and subtracting the Initial Cost of the Investment.

<em>Using a Financial Calculation</em>

a.

Cash flow Amount

Cf0 = ($665,000)

Cf1  = $130,000

Cf2 = $130,000

Cf3 = $130,000

Cf4 = $130,000

Cf5 = $130,000

Cf6 = $130,000

Cf7 = $130,000

Cf8 = $130,000

i = 8%

NPV = $ 82, 063

b.

Cash flow Amount

Cf0 = ($665,000)

Cf1  = $130,000

Cf2 = $130,000

Cf3 = $130,000

Cf4 = $130,000

Cf5 = $130,000

Cf6 = $130,000

Cf7 = $130,000

Cf8 = $130,000

i = 12%

NPV = - $ 19,206

c.

Internal Rate of Return = P  + ((N-P)×p/(p+n))

                                      = 8% + ((12%-8%)×$ 82, 063/($ 82, 063+ $ 19,206))

                                      = 11.24%

3 0
3 years ago
Cullumber Corp. paid a dividend of $2.44 yesterday. The company’s dividend is expected to grow at a steady rate of 5 percent for
Y_Kistochka [10]

Answer:

The market price is $12.81 per share.

Explanation:

The price of the stock today can be calculated using the constant growth model of DDM as the dividends are expected to grow at a constant rate. The formula to calculate the price of the stock under constant growth model is,

P0 = D1 / r-g

Where,

  • D1 is the Dividend for the next period or D0 * (1+g)
  • r is the required rate of return
  • g is the growth rate in dividends

P0 = 2.44 * (1+0.05)  /  (0.25 - 0.05)

P0 = $12.81

8 0
3 years ago
Read 2 more answers
The sales department of a mutual fund firm sets goals for the next fiscal year to sell a certain number of mutual funds each mon
dezoksy [38]

Answer: Objective

Explanation:    

According to the given question, the company is only sets the main target on the basis of given requirement but does not provide any other details.

So, this organizational goals is known as the objective goals as it sets the main effective objective without providing any other details.

The main purpose of the objective goals is to developing the main policies related to sales and progress in an organization by setting the main aim of the company. Therefore, Objective is the correct answer.

4 0
3 years ago
Navy Corporation has E&amp;P of $240,000. It distributes land with a fair market value of $70,000 (adjusted basis of $25,000) to
anastassius [24]

Answer:

a. A taxable dividend of $15,000

Explanation:

The relevant variables are the friar market value and the tax liability on the land.

The fair market value is the amount at which an asset or a company will be exchanged between a knowledgeable willing seller and a knowledgeable willing seller in an ordinary transaction in the market. Put simply, the fair market value of an asset gives an estimation of the price that a buyer would pay to the owner of the asset if the owner decides to sell the asset.

When a company distributes an asset as a dividend to the owner, any liability taken over on the assets will be deducted from the fair market value of the asset to arrive at the taxable dividend.

From the question, the $55,000 tax liability assumed by Troy will be deducted from the fair market value of the asset to obtained the taxable dividend as follows:

Taxable dividend = Fair market value - Tax liability on the land

                             = $70,000 - $55,000

                             = $15,000

Therefore, the taxable dividend is $15,000.

3 0
3 years ago
The Sit-N-Spin Corporation manufactures and assembles office chairs. Sit-N-Spin uses an activity-based costing system to allocat
Dahasolnce [82]

Answer:

Materials handling Allocation= $27.5

Explanation:

Giving the following information:

Each chair consists of 10 separate parts totaling $165 direct materials and requires 5.0 hours of machine time to produce.

Materials handling= $2.75 per part

Machining=  $5.00 per machine hour

Assembling= $1.50 per part

Packaging= $3.75 per finished unit

Material Handling allocation base is: Number of parts.

Allocation= 10 parts* $2.75= $27.5

4 0
3 years ago
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