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2 years ago

How can money in a savings account grow

1 answer:

7 0

The bank puts interest in your account because they take sum of it to loan to ppl and it’s goes through a lot and comes back to your account and then sum

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According to its original plan, Benson Consulting Services Company plans to charge its customers for service at $135 per hour in

levacccp [35]

Answer:

See budget below

Explanation:

A flexible budget is that which is prepared for different level of activities. It suitable for a situation where there exist a lot of possible scenarios. It is usually prepared using the assumptions of a static budget

The flexible budget would be prepared as followed:

Consulting Services Company

Flexibe budget for 2018

Activity level (hrs) 48,000 52,000 56,000

$'000 $'000 $'000

Sales revenue ($135/hr) 6,480 7,020 7,560

Variable cost (1920) ( 2080) (2240)

Contribution 4,560 4,940 5,320

Fixed costs (1,310) (1,310) (1,310)

Profit 3,250 3,630 4,010

7 0

3 years ago

Credit cards are different from debit cards because

Rzqust [24]

Debit cards are used to pay for goods in shops and to withdraw money at cash machines. The money is automatically taken from your current account when you spend it, so you must have enough money in your account or an agreed overdraft to cover the transaction.

Where as..
A credit card, such as Barclaycard, isn't linked to your current account and is a credit facility that enables you to buy things immediately, up to a pre-arranged limit, and pay for them at a later date. The cost of the purchase is added to your credit card account and you get a statement every month.

5 0

3 years ago

Which of the following reflects Falkenstien's "Platinum Rule"?

Korolek [52]

Look at the world from your perspective coustomers' prospective, and identify their needs and wants

Falkstien's Platinum Rule takes the golden rule one step further and says "treat others the way they want to be treated."

8 0

3 years ago

Read 2 more answers

Assume that we use a perpetual inventory system and that five identical units are purchased separately at the following four dat

swat32

Answer:

The cost of goods sold (income statement) should include 1 unit purchased on April 5 at $10.

The merchandise inventory account (balance sheet) should include the 4 units purchased later including their purchase date and specific cost:

1 unit purchased on April 10 at $12
1 unit purchased on April 15 at $14
1 unit purchased on April 20 at $16
1 unit purchased on April 20 at $17

5 0

2 years ago

The stadium manager has been tasked with maximizing total revenue (bound by current capacity, of course). What price should she

Andreyy89

Answer:

To maximize revenue based on current capacity, The Stadium Manager should set Premium Price for tickets.

Explanation:

If your aim is to maximize revenue based on the capacity of the stadium, Premium Price is your surest best.

Premium pricing is a type of pricing which involves establishing a price higher than your competitors to achieve a premium positioning.

You will attract the right kind of customers and when you set a premium price, you have raised the bar of expectation from your customers.

This will push the stadium to upgrade their customer service, their operations and delivery.

If this method is carried out properly by establishing club memberships and other marketing incentives, you will retain these premium customers and maximize revenue.

4 0

2 years ago