1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
poizon [28]
3 years ago
7

What is the difference between a single account and a joint account?

Business
1 answer:
laila [671]3 years ago
6 0

Answer:

Single accounts are held by one person, while joint accounts have two or more holders.

Explanation:

The main difference between a single account and a joint account lies in the ownership of the account, that is, in how many people can be owners of said account. Thus, single accounts can only have one owner, that is, a single account owner. On the other hand, joint accounts can have more than one holder, with which the bank account can be shared by several people at the same time.

You might be interested in
BECAUSE BUSINESS CANNOT BE BOOMING APPARENTLY, I MIGHT GET BANNED.
kirza4 [7]
How are you getting banned?
6 0
3 years ago
Read 2 more answers
One implication of the bird-in-the-hand theory of dividends is that a given reduction in dividend yield must be offset by a more
Bezzdna [24]

Answer:

False ANSWER: True o One implication of the bird-in-the-hand theory of dividends is that a given reduction in dividend yield must be ...

Explanation:

follow mw

7 0
3 years ago
You just started your first job today. Besides your 401K, you are planning to save $3,000 a year for 40 years for your retiremen
umka21 [38]

Answer:

The correct answer is 777.169.56.

Explanation:

According to the scenario, the given data are as follows:

Payment per year (PMT) = $3,000

Time (N) = 40 years

Rate of interest (R)= 8%

So, the future value of the following can be calculated by using the following formula:

Future value = PMT × \frac{((1+r)^{n} -1)}{R}

Now, put the value of the following in the formula. then,

= 3,000 × \frac{((1+8/100)^{40} -1)}{8/100}

= 3,000 × 259.0565

= 777,169.56

Hence, the value in the account after 40 years will be 777,169.56.

6 0
3 years ago
DAR Corporation is comparing two different capital structures, an all-equity plan (Plan I) and a levered plan (Plan II). Under P
Eddi Din [679]

Answer:

a) Share price of company is $28.20.

b) So value of unlevered firm is $4.512 million.

Explanation:

a.

Share price = Value of debt / (160,000 - 110,000)

= $1,410,000 / 50,000

= $28.20

Share price of company is $28.20.

b.

VAlue of all equity firm = Number of share outstanding × Price per share

= 160,000 × $28.20

= $4.512 million

Value of levered firm is $4.512 million.

Since tax rate is zero, so value of levered firm equal to value of unlevered firm.

So value of unlevered firm is $4.512 million.

6 0
3 years ago
Why is the location of a business important to the success of that business?
Anna007 [38]

Choosing a location for a new business is one of the most important decisions entrepreneurs make during the planning phase of launching ventures. The location of a business can affect many aspects of how it operates, such as total sales and how costly it is to run.


5 0
3 years ago
Other questions:
  • If a firm can earn ________, the firm is creating value for its shareholders.
    11·1 answer
  • What are some characteristics of a wise money manager
    13·1 answer
  • In the early days of computers, programmers and designers started businesses in their parents’ garages and worked there until th
    10·1 answer
  • Q 7.5: a small business owner has two employees but each employee has a separate cash register drawer. this situation can be vie
    8·1 answer
  • This Discussion Board is based on Chapter 10: Hog farms in this state are a source of pollution to our rivers and ground water.
    7·1 answer
  • Why must banks keep money on reserve?
    5·1 answer
  • Sanders Inc. is a small brick manufacturer that uses the direct write-off method to account for uncollectible accounts. At the e
    11·1 answer
  • For 2014, Bakers Manufacturing uses machine-hours as the only overhead cost-allocation base. The direct cost rate is $3.00 per u
    8·1 answer
  • It is important to accommodate diverse cultural needs to set your
    8·1 answer
  • Which composers career, built on freelance commissions and publishing income, was a model for many romantic composers?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!