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3 years ago

Choose all that apply.

Business

2 answers:

Nostrana [21]3 years ago

7 0

Answer: Select each of the tasks associated with opening a checking account.

Provide information such as name, address, date of birth, and Social Security Number.

Provide identification.

Deposit at least the minimum balance.

Sign an authorization card.

Explanation:

When requesting a checking account, customers <u>agree to deposit money into the account and for their part, the bank must fulfill their payment orders.</u>

The first step before opening a checking account <em>is to compare the different alternatives offered by the entities,</em> to know the fees they charge or not for the maintenance of the checking account and the associated products. The second thing you need to open a checking account<em> is to be of legal age and meet the specific requirements </em>set by the chosen financial institution.

vesna_86 [32]3 years ago

4 0

Provide information such as the name address date of birth and social security number verify the account provide identification deposit at least the minimum balance sign an authorization card

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On January 1, 2021, Vaughn Manufacturing issued its 12% bonds in the face amount of $7990000, which mature on January 1, 2031. T

Anton [14]

Answer:

$920,266

Explanation:

The adjusted unamortized bond premium is the initial bond premium recorded on the issuance of the bond minus the amortized bond premium for the year ended 31 December 2021.

The initial bond premium is $981,878

At year end of the first year the amortized premium is the difference between the interest expense recognized and coupon interest paid in cash .

Interest expense=$8971878*10%=$897,187.80

coupon interest= $7990000*12%=$958,800.00

Amortized bond premium= $958,800.00-$897,187.80=$ 61,612.20

Adjusted unamortized bond premium=$981,878-$61,612.20=$920,265.80

5 0

3 years ago

Consider a project to supply Detroit with 20,000 tons of machine screws annually for automobile production. You will need an ini

GrogVix [38]

Answer:

a) expected revenue = 20,000 tons x $600 = $12,000,000 per year

initial investment = $3,000,000 + $300,000 = $3,300,000

contribution margin per unit = $600 - $450 = $150

total contribution margin = $150 x 20,000 = $3,000,000

annual fixed costs = $850,000

depreciation expense per year = $750,000

tax rate = 38%

required return rate = 18%

after tax salvage value = $280,000 x (1 - 38%) = $173,600

NCF₀ = -$3,300,000

NCF₁ = [($3,000,000 - $850,000 - $750,000) x 0.62] + $750,000 = $1,618,000

NCF₂ = $1,618,000

NCF₃ = $1,618,000

NCF₄ = $1,618,000 + $300,000 + $173,600 = $2,091,600

NPV = $1,296,797.61

IRR = 36.36%

b) our best case scenario:

expected revenue = 20,000 tons x $660 = $13,200,000 per year

initial investment = $2,550,000 + $285,000 = $2,835,000

contribution margin per unit = $660 - $450 = $210

total contribution margin = $210 x 20,000 = $4,200,000

annual fixed costs = $850,000

depreciation expense per year = $637,500

tax rate = 38%

required return rate = 18%

after tax salvage value = $322,000 x (1 - 38%) = $199,640

NCF₀ = -$2,835,000

NCF₁ = [($4,200,000 - $850,000 - $637,500) x 0.62] + $637,500 = $2,319,250

NCF₂ = $2,319,250

NCF₃ = $2,319,250

NCF₄ = $2,319,250 + $285,000 + $199,640 = $2,803,890

NPV = $3,655,445.13

IRR = 74.34%

our worst case scenario:

expected revenue = 20,000 tons x $540 = $10,800,000 per year

initial investment = $3,450,000 + $315,000 = $3,765,000

contribution margin per unit = $540 - $450 = $90

total contribution margin = $90 x 20,000 = $1,800,000

annual fixed costs = $850,000

depreciation expense per year = $862,500

tax rate = 38%

required return rate = 18%

after tax salvage value = $238,000 x (1 - 38%) = $147,560

NCF₀ = -$3,765,000

NCF₁ = [($1,800,000 - $850,000 - $862,500) x 0.62] + $862,500 = $916,750

NCF₂ = $916,750

NCF₃ = $916,750

NCF₄ = $916,750 + $315,000 + $147,560 = $1,379,310

NPV = -$1,060,302.54

IRR = 3.56%

3 0

3 years ago

In the absence of government regulation or private negotiation, firms will pollute less than the economically optimal amount.

juin [17]

Wrong in absence of gov. there will be no laws to abide so essentially they can do as they please.<span />

7 0

3 years ago

Anthony Finley wishes to become a millionaire. His money market fund has a balance of $287,270 and has a guaranteed interest rat

mrs_skeptik [129]

Answer:

15 years

Explanation:

The target accumulated future amount is the future value of the initial investment(present value), hence, using the future value formula provided below we can determine the investment time horizon in years required to accumulate the target amount:

FV=PV*(1+r)^n

FV=$1,200,000

PV=$287,270

r=10%

n=investment period in years=unknown

$1,200,000=$287,270*(1+10%)^n

$1,200,000/$287,270=(1+10%)^n

$1,200,000/$287,270=(1.10)^n

take log of both sides

ln($1,200,000/$287,270)=n ln(1.10)

n=ln($1,200,000/$287,270)/ln(1.10)

n=15.00years

4 0

2 years ago

How many hours a week should a student plan to study per credit in a 15-week course?.

svet-max [94.6K]

According to credit in a 15-per week course, one must study 2-3 hours a week with a plan. Because 1 credit is equal to ten hours of study, so 3 credits equal to 30 hours per week.

<h3>What are the benefits of studying daily?</h3>

Good studies give a potential to study, and it builds confidence to students to perform better in the academic.

Studying regularly helps to keep the mind sharp and upgrade the ability of the person to gain more knowledge from other students.

Thus, According to credit in a 15-per week course, one must study 2-3 hours a week with a plan.

For more details about benefits of studying, click here:

brainly.com/question/18850728

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6 0

2 years ago