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3 years ago

What’s a commercial bank most likely going to do with your money when you deposit it?

Business

1 answer:

sasho [114]3 years ago

8 0

Answer:

keep it in-store and safe until you take some out and if it's there for a while ( like after a year or 2) they could take out a dollar each week or 5 dollars a month for the space you're taking up

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Capital budgeting is: the process of finding the cost to start a new project. the process of deciding which project to do to inc

kompoz [17]

Answer:

the process of deciding which project to do to increase the firm’s value.

Explanation:

Some of the Capital budgeting methods include:

1. internal rate of return- internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested.

2. Cash pay back period- it is the period it takes to recover the amount invested in a project from its cummulative cash flows.

3. Net present value: net present value is the present value of after tax cash flows from an investment less the amount invested.

I hope my answer helps you

6 0

3 years ago

If you are sharing the road with an impaired driver it is safest to be

nexus9112 [7]

An impaired driver refers to someone who is under the influence of alcohol and is driving. If you are sharing the road with such a person, it is safest to drive behind such a person. You can take further action by parking beside the road, note down the vehicle's number and then call the appropriate patrol or emergency to inform them about the driver. This will ensure that such a driver is gotten off the highway.

7 0

4 years ago

Nicholas, Inc. has provided the following unit data for review: Simple ProductAdvanced Product Selling price$22.75$55.00 Variabl

Margarita [4]

The most profitable product for Nicholas, Inc. to manufacture based on unit data and contribution margin per unit of a scarce resource is <u>Advanced Product.</u>

<h3>What is a profitable product?</h3>

A profitable product is one whose sales revenue covers the costs of production, selling, and administrative support.

A profitable product can be determined by determining the contribution margin per unit and dividing this by the units of a scarce resource that it consumes. The result is the contribution margin per unit of the scarce resource.

Thus, the product that yields the higher contribution margin per unit of a scarce resource is preferable to the rest.

<h3>Data and Calculations:</h3>

Simple Product Advanced Product

Selling price $22.75 $55.00

Variable cost 10.00 34.50

Contribution margin per unit $12.75 $20.50

Pounds of scarce raw material per unit 35 35

Contribution margin per scare resource $0.364 $0.586

Thus, the most profitable product for Nicholas, Inc. to manufacture based on the given unit data and the contribution margin per unit of a scarce resource is the Advanced Product.

Learn more about contribution margin per unit of scarce resource at brainly.com/question/15550773

6 0

2 years ago

When properly performed, bottom-up budgeting has the disadvantage of: A reduction of top management's control of the budget proc

uysha [10]

Answer:

A reduction of top management's control of the budget process to one of oversight.

Explanation:

Budgeting can be defined as a financial plan which helps different organizations in the control of their various revenues. Budgeting can also be described as a forecast of how much a company expect to sell and also how much they expect to spend on various costs.

Advantages of budgeting include:

- It helps an organization to achieve their objectives and goals.

- It helps businesses to decide on essential areas to channel their resources to.

Disadvantages of budgeting include:

- a budget may be inaccurate because it is prepared on the basis of assumptions.

- it is expensive and consumes a lot of time.

6 0

3 years ago

Consumers are buying _______________ goods when they switch between brands of convenience goods out of boredom or the desire to

suter [353]

Answer:

Variety-seeking.

Explanation:

Consumers are buying variety-seeking goods when they switch between brands of convenience goods out of boredom or the desire to change. Purchases may have been pre-planned in that consumers "knew" they were going to purchase a specific product or brand but changed their minds in-store, deciding to try something different. Variety-seeking behavior is depicted by the consumers when they have very low involvement with in the buying process and there are significant differences are also present among brands. Consumers do lot of brand switching here. Consumers switch brands only for the sake of trying something new rather than dissatisfaction with the brand.

7 0

3 years ago