Answer:
Funds held in a savings account are highly liquid
Explanation:
The purpose of a savings account is the assist a customer achieve their saving objectives. A savings account is a secure way of accumulating funds for an intended purpose or keeping money that does not have immediate use.
Financial institutions that offer savings account limit on withdrawals to help a customer achieve planned saving objective. It means money saved is not accessible at will. Penalties apply should a customer insists on more than the acceptable number of withdrawals.
Answer:
A. $ 450 comma 000
Explanation:
In order to compute the fixed cost per month first we have to determine the variable cost per unit which is shown below.
Variable cost per hour = (High total cost - low total cost) ÷ (High production volume - low production volume)
= ($710,000 - $550,000) ÷ (13,000 units - 5,000 units )
= $160,000 ÷ 8,000 units
= $20
Now the fixed cost equal to
= High total cost - (High production volume × Variable cost per unit)
= $710,000 - (13,000 units × $20)
= $710,000 - $260,000
= $450,000
We simply applied the above formula
Answer:
b. safety
Explanation:
"it wants to make sure are taken care of in the future"
This means it prefers a safety investment.
The beta of the investment should be lower to reduce the deviation from the expected market return
The liquidity is not as important right now as the children are young. Once they start highschool or collegue Gina will need to make higer withdrawals. Plus, she want's to look into the future, this also is a clear inshight that Gina do not require liquidity right now
The market risk a global variance Gina cannot reduce the risk inherent to the market.
The business failure would be associate with safety which is a most suitable term.
Answer:
You should "Debit" one account in your general ledger and "Credit" another.
Explanation:
Example - you receive an invoice from your vendor for $100,000 (assuming non-VAT transaction). Your journal entry would look the following:
Debit: Expense $100,000
Credit: Accounts Payable $100,000
Answer:
the options are missing, so I looked for a similar question (see attached image):
Explanation:
the equivalent ratios for pie crust and water are:
²/₃ : 3 (normal recipe)
⁴/₃ : 6 (double recipe)
if we equal both ratios:
²/₃ : 3 = ⁴/₃ : 6 we get option B (²/₃ / 3 = ⁴/₃ / 6)
if we reciprocate both sides (we basically flip them), then:
3 : ²/₃ = 6 : ⁴/₃, we get option D (3 / ²/₃ = 6 / ⁴/₃)