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3 years ago

Which interest-bearing account is best for people who wont neeed access to there money for several months or longer

1 answer:

5 0

Certificate of deposit is the best interest bearing account for people who doesn't need their money for several months. It is a written document from the bank that it has received money from a person for a long time period.

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Sarah, a famous pianist, is told that she will have to undergo brain surgery that could result in partial paralysis of her right

erma4kov [3.2K]

Answer:

Yes, Sarah can revoke the gift to her friend.

Explanation:

Gift is the transfer of property from one person, usually the donor(giver) to another person, donee(receiver) without expecting any thing like compensation in return. Gift can be given or transfered to either an individual or organization.

A gift can be revoked by the donor in law. Such gift is called Causa Mortis Gift.

Causa Mortis Gift is a gift given or transfered in expectation of death of the donor. Where a donor gives out his/her gift during the course of undergoing major surgery, such could also be called Causa Mortis Gift. This type of gift can be revoked anytime before the donor's death or recovery from surgery or illness and cannot be revoked after his/her death.

3 0

3 years ago

A company has two products: A1 and B2 . It uses activity based costing and has prepared the following analysis showing budgeted

nordsb [41]

Answer:

Unitary cost= $5.44

Explanation:

The annual production and sales level of Product B2 is 23,710 units.

First, we need to calculate the activities rates:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Activity 1= 62,000/ (2,600 + 6,160)= $7.08 per unit of activity

Activity 2= 77,000/ (6,200 + 8,600)= $5.20 per unit of activity

Activity 3= 108,000 / (3,640 + 2,200)= $18.49 per unit of activity

Now, we allocate costs to Product B1:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Activity 1= 7.08*6,160= 43,612.8

Activity 2= 5.20*8,600= 44,720

Activity 3= 18.49*2,200= 40,678

Total allocated costs= $129,010.8

Finally, the unitary cost:

Unitary cost= 129,010.8/23,710= $5.44

8 0

3 years ago

The capability-building process:_______.a. requires first developing the ability to do something, however imperfectly or ineffic

Dvinal [7]

Answer: Requires first developing the ability to do something, however imperfectly or inefficiently; second, translating this ability into a competence by learning to do the activity consistently well and at an acceptable cost; and then continuing to polish and refine its know-how in an effort to further improve its performance, ideally striving to match or beat rivals in performing the activity.

Explanation:

Capacity building involves an individual/organization learning to carry out their job task by starting with failures and successful outcomes, and continuing learning and attempting carrying out that task until perfection nearly attained when it comes to carrying out that job type.

6 0

4 years ago

You just purchased a bond that matures in 12 years. The bond has a face value of $1,000 and a 7% annual coupon. The bond has a c

Andreas93 [3]

Answer:

The coupon value is 1000 × 7% = $70

Face Value is $1000

Current price is annual ÷ current yield ∵ 70÷0.0574= $1,219.54

Maturity period: 12 years

YTM of Bond = (70+((1000-1,219.54 / 12)) / ((1000+1,219.54)/ 2) = 4.66 percent

Explanation:

The coupon value is 1000 × 7% = $70

Face Value is $1000

Current price is annual ÷ current yield ∵ 70÷0.0574= $1,219.54

Maturity period: 12 years

YTM of Bond = (70+((1000-1,219.54 / 12)) / ((1000+1,219.54)/ 2) = 4.66 percent

4 0

3 years ago

For each scenario, calculate the cross-price elasticity between the two goods and identify how the goods are related. Please use

Mashutka [201]

Answer:

A) A 20% price increase for Product A causes a 10% decrease in its quantity demanded, but no change in the quantity demanded for Product B. .

The cross price elasticity of demand is zero between product A and product B.(No relationship)

B) Product C increases in price from $5 a pound to $11 a pound. This causes the quantity demanded for product D to increase from 10 units to 18 units.

Definitely, with increase in price of product C, the quantity demanded of product C will decrease.

Cross-Price Elasticity of demand is negative between product C and product D(They are Compliments)

C) when the price of Product E decreases 9%, this causes its quantity demanded to increase by 14% and the quantity demanded for Product F to increase 12%. Cross-Price Elasticity demand = 18/12. Positive. (product E and product F are subtitles)

Explanation:

CROSS PRICE ELASTICITY OF DEMAND = (% change in quantity demanded for Product A)/( % change in price of product B)

If cross price elasticity > 0, then the two goods are substitutes

If cross price elasticity = 0, then the two goods are independent

If cross price elasticity < 0, then the two goods are complements

From this example we can see that the answer 2 tells us that butter and margarine are substitute goods for each other. When the price of margarine went up, more people switched to butter. You can increase the sales of one good, by increasing the price of the other.

6 0

3 years ago