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3 years ago

What three factors should you consider when selecting a savings account?

Business

1 answer:

taurus [48]3 years ago

3 0

Answer:

Maximizing Interest Rates. The interest rate on the account offered by the bank is typically what will help you decide the savings account option that is best for you. ...

Fixed Term. ...

Convenience. ...

Minimum Deposits and Avoiding Monthly Fees. ...

Consider Placing Your Savings in More than One Bank.

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The term ________ refers to a practice whereby a salesperson initially accepts a customer's offer, but then claims an error and

rodikova [14]

Answer:

Low-balling

Explanation:

It s a persuasion and a selling technique and is offered by the buyer for a good or service that has low rates and hoping that the seller will least give counter off a prove lower than the original price.

While the sellers might be looking for a high along for the profit maximization. For the tax players, the low balling is tax evasion method and a filter misrepresents the amount of the taxable income or return.

8 0

3 years ago

The controller for Tulsa Medical Supply Company has established the following activity cost pools and cost drivers.

Umnica [9.8K]

Answer:

Tulsa Medical Supply Company

1. Calculation of the unit cost of a production order for 100 specially coated plates used in cancer testing:

Direct materials $120 * 100 plates = $12,000

Direct labor 40 * 100 plates = 4,000

Overhead:

Machine setups $2,000 * 3 setups $6,000

Material handling $2 * 900 pounds 1,800

Hazardous control $5 * 300 pounds 1,500

Quality control $75 * 3 inspections 225

Other overheads $10 * 50 machine hours 500

Total overheads applied $10,025

Total manufacturing cost for 100 plates $26,025

Unit cost = $26,025/100 = $260.25 per plate

Explanation:

a) Data and Calculations:

Activity Cost Pool Budgeted Cost Driver Budgeted Level for

Overhead Cost Cost Driver Pool Rate

Machine setups $ 250,000 Number of setups 125 $ 2,000 per setup

Material handling 75,000 Weight of raw material 37,500 lb. $2 per pound

Hazardous waste control 25,000 Weight of hazardous chemicals used 5,000 lb. $ 5 per pound

Quality control 75,000 Number of inspections 1,000 $ 75 per inspection

Other overhead costs 200,000 Machine hours 20,000 $ 10 per machine hour

Total $ 625,000

4 0

3 years ago

Which agricultural worker cuts down trees with chain-saws?

maksim [4K]

The agricultural worker that cuts down trees with chain-saws is a lumberjack.

3 0

4 years ago

Read 2 more answers

Assume you plan to travel to the Southern Hemisphere after final exams. You’ve narrowed your choices down to two that you like e

storchak [24]

Answer:

The trip to Colombia is priced less at $1,497.07.

Explanation:

Using the following spot inter-bank market on November 1, 2019,

1 USD = 3339.85 COP (Colombian Pesos) and

1 USD = 1.4455 AUD (Australian Dollars

5,000 Australian Dollars on that day would be equivalent to

= $\frac{5000}{1.4455}$

= $3,459.01

5,000,000 Colombian Pesos on that day would be equivalent to

= $\frac{5000000}{3339.85}$

= $1,497.07

Considering the U.S Dollars equivalent of both cost, the trip to Colombia is priced less at $1,497.07.

4 0

4 years ago

The spot price of oil is $50 per barrel and the cost of storing a barrel of oil for one year is $3, payable at the end of the ye

zalisa [80]

Answer: $55.56

Explanation:

Given the following ;

Spot price per barrel = $50

Storage cost = $3 per barrel

Interest rate(i) = 5% (continously compounded)

Period (t) = 1

Upper bound future price.

Upper bound future price = spot price per barrel + storage cost

Storage cost per barrel = $3, compounded at 5 % per annum for one year.

5÷100 = 0.05

Mathematically, present value of storage cost per barrel =

3e^-(i × t) = 3e^-(0.05×1)

3e^-(0.05) = 2.854

Upper bound for one year future price

($50+$2.854)e^0.05×1

52.854e^0.05 = $55.56

8 0

3 years ago

Read 2 more answers