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AysviL [449]
3 years ago
14

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:

  1. She had started to take on assorted jobs including babysitting and tutoring and wanted a place to “park her cash.”  
  2. 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).  
  3. 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.
  4. 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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To accurately determine the financial performance of a company, it is necessary to compare the company's performance ________.
ratelena [41]

To accurately determine the financial performance of a company, it is necessary to compare its performance from <u>year to year</u>.

In order to accurately determine the financial performance of a company, financial statements are used in evaluating, which include the balance sheet,  statement of cash flows, and the income statement.

Financial performance indicators are quite necessary as they are quantifiable metrics which are used to measure how well a company is doing. Some companies also hire an outside accounting firm to audit the financial statements.

Hence, it is necessary to compare the financial performance of a company from year to year.

To learn more about financial performance here:

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6 0
2 years ago
Prepare Job-Order Cost Sheets, Predetermined Overhead Rate, Ending Balance of WIP, Finished Goods, and COGS At the beginning of
vova2212 [387]

Answer and Explanation:

1. The computation of overhead rate based on direct labor cost is shown below:-

Overhead rate = Overhead applied × 100 ÷ Direct labor cost

= 888 × 100 ÷ 1,200

= 74%

2. The Preparation of job-order cost sheet for the four jobs is shown below:

Particulars                Job 86        Job 87        Job 88        Job 89

Beginning balance $6,888       $6,820

Direct materials       $3,000      $7,000         $2,100          $1,500

Direct labor              $800          $6,000        $900            $500

Applied overhead  

is 74% of direct labor $592           $4,440       $666            $370

Total                          $11,280       $24,260      $3,666      $2,370

3. The computation of ending balances of Work in Process and Finished Goods is shown below:-

Work in process of Job 88 = $3,666

Finished goods = Total of Job 86 + Total of Job 89

= $11,280 + $2,370

= $13,650

4. The computation of the Cost of Goods Sold for March is shown below:-

Cost of goods sold is

= Job 87

= $24,260

7 0
3 years ago
Which of the following organisations is most likely to sell shares for sale to invited investors?
Vsevolod [243]

Answer:

C. Private limited company

Explanation:

Ownership in a private limited company is restricted, unlike in a public limited company. The shareholders of a private limited company are usually family members, close friends, or people with a shared interest.

A private limited company can raise capital by selling additional shares. Because becoming a shareholder in a private limited company is restricted, private companies raise capital by selling shares to existing shareholders or to invited investors.

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3 years ago
The operational design of an illicit drug business can be divided into four stages of production and distribution: cultivation,
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Retail distribution

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Cultivation and manufacture involves planting and harvesting prohibited drugs from plant sources (e.g. opium or marijuana) and processing the plant raw materials to produce the final product. For synthetic drugs, manufacture entails securing (sometimes by importation) of the chemicals required for the production of a certain drug (e.g. methamphetamine). Importation of the raw materials or final products might also be necessary to meet the demands.

With the final product at hand, the next step is to distribute and sell the drugs -- wholesale or retail. Wholesale distribution and sales involve large amounts (in bulk) of the illegal drugs while retail involves smaller amounts.  
5 0
3 years ago
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Nataly_w [17]
The answer would be the stock price will decrease. The reason behind this is the original price replicates an expectation or looking forward of a 25% upsurge in the company’s earnings. The actual increase is a dissatisfaction compared to original expectations.
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