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3 years ago

5. Would most standard bank accounts work for Janet based on her banking needs? Why or why not?

Business

1 answer:

Papessa [141]3 years ago

6 0

Answer:

A lot of information is missing, so I looked for it:

Before meeting, Ana asked Janet to create a list of how she intended to use her account. Janet’s list included:

She had started to take on assorted jobs including babysitting and tutoring and wanted a place to “park her cash.”
She wants to start saving for college and thinks that having a bank account will keep her from spending all the money that she earns (which she currently does).
She wants to be able to access her money when she needs it. She generally is averse to carrying lots of cash around and envisions that she will be using her debit card at her favorite stores and also may need to take out cash from an ATM when she goes out to eat with her friends.
She needs to track her account balances on her mobile phone. She likes to know where she stands at all times when it comes to her financial situation.

Janet's first need, to have somewhere to park her cash, should be easily satisfied by most checking and savings accounts.

A savings account would be better to keep Janet from spending too much of her cash (second need).

If Janet wants to use frequently use a debit card (third need), then she will probably need a checking account.

Both checking and savings accounts satisfy the fourth need (online banking).

Personally, I believe a checking account will suit Janet.

The question then offers 3 different options for checking accounts, and if I were Janet, I would choose the online bank. It includes $0 fees, low monthly balance, and free ATM withdrawals (ATMs from other banks).

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Who benefits from an import-substitution strategy? who is harmed?

Aloiza [94]

Answer:

Import substitution industrialization (ISI) is a trade and economic policy which advocates replacing foreign imports with domestic production. Domestic consumers benefit from import substitution as they do not have to face strong competition from foreign competitors and can sell their goods at a higher price. So for example manufacturers in USA sell a battery from $10 but consumers from USA have the option to import that battery at $7 from China the US manufacturers wont be able to compete as Chinese companies have lower cost of production therefore they can sell cheaper and in order to protect the local manufacturers the government may use an ISI strategy to help the local manufacturers. On the other hand consumers are harmed from this strategy as they cannot buy the cheaper product because of change in government strategy. So consumers who were buying the battery at $7 not have to buy it at $10.

Explanation:

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3 years ago

A textile finishing process involves drying a fabric that has been treated with a volatile solvent. The wet fabric entering the

BARSIC [14]

Answer: (a) 2.4%

(b) 9.68*10^-3mg/m^3

Explanation:

See attachment

4 0

4 years ago

An example of a company connecting with customers to add value in its package redesign strategy is Blank______.

kakasveta [241]

An example of a company connecting with customers in its package redesign strategy is creating a resealable package in response to consumer habits.

<h3>What is a redesign strategy?</h3>

A redesign strategy outlines which best practices should be employed first and which should be avoided in order to achieve the goals of the redesign endeavor.

Steps to a successful redesign of business processes:

Set precise objectives.
Prioritize each business process after identifying it.
Make data collection and processing a regular part of your working day.
A single workflow.
Give authority to those in charge of processes.
Single-source information collection.

In order to build the most effective product, the design strategy applies the tactical thinking of a company strategy to the needs of the user. Through innovative applications geared toward the end user, the convergence of business strategy and design thinking accomplishes long-term objectives.

To know more about design strategy refer to: brainly.com/question/14506200

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5 0

2 years ago

The following totals for the month of April were taken from the payroll register of Magnum Company. Salaries $12,000 Social Secu

Novosadov [1.4K]

Answer:

d. credit to Salaries Payable for $8,600

Explanation:

<em>The journal entry would be as follows.</em>

Magnum Company

Payroll Journal

Particulars Debit Credit

Salaries $12,000 Debit

Federal Income taxes withheld 2,500 Credit

Social Security & Medicare taxes withheld 900 Credit

Salaries Payable $8,600 Credit

Unemployment taxes are paid by the employer . They are not deducted from the employees' wages . They include both the federal and state taxes.Social Security & Medicare taxes withheld $ 900 include the Social Security & Medicare taxes $ 900.

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3 years ago

A mutual fund is offered with no up-front sales charge and no contingent deferred sales charge. It charges 50 basis points of 12

trapecia [35]

Answer:

The correct statement is C. This statement is misleading because a no-load fund cannot charge more than 25 basis points of 12b-1 fees

Explanation:

THIS STATEMENT IS MISLEADING BECAUSE A NO-LOAD FUND CANNOT CHARGE MORE THAN 25 BASIS POINTS OF 12B-1 FEES.

A mutual fund is not permitted to advertise itself as a "no-load" fund if it charges 12b-1 fees of more than .25% (25 basis points) annually. 12b-1 fees are charges against net asset value that pay for the cost of soliciting new investment to the fund, and they can be used to compensate salespersons that sell the fund's shares.

8 0

3 years ago