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3 years ago

If you have money saved now that you intend to spend in 2 or more years, which type of savings account might be best?

Business

1 answer:

Stella [2.4K]3 years ago

4 0

Answer:

Explanation:

Certificate of deposits are a type of saving account that allows account holders to keep their savings for a fixed period of time. It is a time based deposit of money.

In this type of saving account, the account holder can earn interest as well. The account holder can create a new CD after the maturity of the old one to extend the saving time.

In the given case, if the account holder intends to spend his saved money in 2-years or more, then he choosing a CD is right. It will fix his amount for that period of time and will earn him interest as well.

Therefore, option C is correct.

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Which of the following is true of assigning costs to cost objects? a.Assigning costs to cost objects can be accomplished in a nu

podryga [215]

Answer:

A and B.

Explanation:

Understand cost classification used for assigning costs to cost objects can be divided in direct costs and indirect costs.

Direct costs are those who can be easily and conveniently traced to a unit of product or other cost object. Examples are direct material and labor.

Indirect costs are those who cannot be easily and conveniently traced to a unit of product or other cost object. Example manufacturing overhead.

The common costs are the indirect costs incurred in support a number of cost objects. These costs cannot be traced to any individual cost object.

Determining cost tracing and allocation is more art than science, as it's difficult to trace costs with 100 percent accuracy.

Tracing costs becomes even more difficult when a cost goes toward producing multiple goods or services.

3 0

4 years ago

6. In 1996, the average house price in the UK was about $75,000. By 2007, prices had risen to around $190,000. This increase in

Tom [10]

Please find attached the required diagrams.

As a result of the rising incomes and cheap loans, the demand for houses would increase. This would cause an outward shift of the demand curve. As a result, equilibrium price and quantity of houses would increase.

An improvement in technology in the housing industry would lead to an increase in the supply of houses. This would lead to an outward shift of the supply curve. Equilibrium price would reduce and equilibrium quantity would increase.

A similar question was answered here: brainly.com/question/14456267

5 0

2 years ago

a. After the magazine The Economist publishes an article indicating that analysts expect the value of Tunisian dinars to rise re

german

Answer: Depreciate

Explanation:

The Economist is a widely respected financial and economic magazine which means that their articles can cause movements in the market especially when backed up by analysts.

The Economist believes that the Tunisian Dinar will rise relative to the Peruvian Sol, this means that the Peruvian Sol will depreciate against the Tunisian Diner. Some people and entities holding Peruvian Sol assets will try to offload it so that they do not suffer losses.

This increase in supply and reduction in demand for the Peruvian Sol will lead to it depreciating.

3 0

3 years ago

PLEASE HELP!!! I NEED HELP WITH THE WHOLE TEST SOMEONE PLS HELP

sergij07 [2.7K]

Answer:

Pretty sure it's to <u>shift the cells up</u>

Explanation:

7 0

3 years ago

Comfort chair company manufacturers a standard recliner. During February, the firm's Assembly Department started production of 7

bonufazy [111]

Answer:

1) total equivalent units:

materials = 73,000

conversion = 81,500

2) costs assigned to ending WIP:

materials = $23,013.70

conversion = $27,288.32

Explanation:

beginning WIP 78,000 + 10,000 - 73,000 = 15,000

materials = 100% (0 added during the period)

conversion = 30% (70% added during the period, 10,500 EU)

units started 73,000

units finished 78,000

units started and finished = 63,000

ending WIP 10,000

materials = 100%

conversion = 80%, 8,000 EU

Beginning WIP

Materials $24,000

Conversion $35,000

Costs added during the period:

Materials $168,000

Conversion $278,000

total equivalent units:

materials = 73,000

conversion = 10,500 + 63,000 + 8,000 = 81,500

cost per EU:

Materials = $168,000 / 73,000 = $2.30137

Conversion = $278,000 / 81,500 = $3.41104

costs assigned to ending WIP:

materials = 10,000 x $2.30137 = $23,013.70

conversion = 8,000 x $3.41104 = $27,288.32

5 0

3 years ago