Answer:
The second statement is true.
Explanation:
- The school is dependent on what state the 529 is registered with.
- Option 3 is not a benefit
- 529 contributions are made with after tax dollars, only interest earned and distributions are tax deffered.
A. True the answer is not false
Answer: 20,000 lawn mowers
Explanation:
The formula for calculating the number of lawn mowers needed to reached the budgeted profit levels is:
= (Fixed costs + Budgeted profit) / Contribution margin
Contribution margin = Selling price - Variable cost
= 40 - (14 + 8 + 5)
= 40 - 27
= $13
Number of lawn-mowers required:
= (140,000 + 120,000) / 13
= 20,000 lawn mowers
1 MONTH (SO far) $125.26 + $987.25 - ( rate: 1x $15.00) - $43.22 - $57.26 + $100.00
= C :
$1097.03
Answer is A
Answer:
The two types of financial institutions—depository and non-depository
The main difference:
Depository institutions earn money from what customers put into the institution.
Non-depository institutions earn a profit from the interest paid on loans made to customers.
Explanation:
The best way to differentiate a depository institution from a non-depository institution is to compare the two terms. Whereas a depository institution is a savings bank, legally allowed to accept monetary deposits from consumers (for example, commercial banks, savings and loan associations, or credit unions), non-depository institutions do not accept monetary deposits from customers (for example insurance companies, pension funds, securities firms, government-sponsored enterprises, and finance companies), but they all render financial services.
