All categories

3 years ago

Which of these is a characteristic of certificates of deposit (CDs)?

Business

2 answers:

Inessa [10]3 years ago

7 0

Answer:

b.) They last for a set period of time.

masha68 [24]3 years ago

5 0

Answer:

They last for a certain period of time

Explanation:

Typically Certificates of Deposit are offered if the set amount is deposited and kept through the stated amount of time. (The length of the CD can be anywhere from 18 months to 3 years [most popular]) When the money is removed short of the stated time period a penalty is taken from the value of the CD.

You might be interested in

Madison Corporation reported taxable income of $400,000 in 20X3 and accrued federal income taxes of $136,000. Included in the co

kap26 [50]

Answer:

A) $424,000

Explanation:

Madison Corporation's current earnings and profits for 20x3 would be:

reported taxable income - accrued federal income taxes + regular depreciation - E&P depreciation + net capital loss carryover =

$400,000 - $136,000 + $200,000 - $60,000 + $20,000 = $424,000

5 0

3 years ago

. Alternative A has a first cost of $20,000, an operating cost of $9,000 per year, and a $5,000 salvage value after 5 years. Alt

JulsSmile [24]

Answer and Explanation:

The computation is shown below:

NPW of X is

= -$20,000 - $9,000 × (P/A,12%,5) + $5,000 × (P/F,12%,5)

= -$20,000 - $9,000 × 3.604776 + $5,000 × 0.567427

= -$49,605.85

And,

NPW of Y is

= -$35,000 - $4,000 × (P/A,12%,5) + $7,000 × (P/F,12%,5)

= -$35,000 - $4,000 × 3.604776 + $7,000 × 0.567427

= -$45,447.11

Based on the above calculations as we can see that net present cost of Y is lower than the net present cost of X so Y should be selected

7 0

3 years ago

Sunland Company gathered the following reconciling information in preparing its July bank reconciliation:

nikdorinn [45]

Answer:

the adjusted cash balance per book is $25,390

Explanation:

The computation of the adjusted cash balance per book is shown below

= Cash balance per books + Notes receivable and interest collected by the bank - Bank charge for check printing - NSF check

= $21,600 + $4,440 - $70 - $580

= $25,390

Hence, the adjusted cash balance per book is $25,390

We simply applied the above formula so that the correct value could come

And, the same is to be considered

7 0

3 years ago

Henry bakes loaves of bread, which he sells for $4 each. He is considering purchasing additional mixers (capital) for his bakery

babunello [35]

Answer: The complete table is as follows:

Explanation:

The following are the formulas for calculating marginal product , total revenue and marginal revenue product:

Marginal product = $\frac{Change\ in\ Total\ Product}{Change\ in\ Capital}$

Total revenue = Price × Quantity

Marginal revenue Product = Marginal product × Price

By using these formulas, I have completed the following table:

6 0

3 years ago

________ is a field of study that investigates the impact that individuals, groups, and structure have on behavior within organi

Mice21 [21]

Answer:

The answer is a. Organizational behavior

Explanation:

Organizational behavior simply put, is the academic study of how a group of people act within an organization. The results are then utilized to make the organization operate more effectively.

Organizational behavior studies can cover areas such as job performance, job satisfaction, innovations, and leadership within an organization. The goal is simply to see how these areas can be improved, which will then lead to organizational growth.

Organizational behavior is therefore proactive in nature and serves to improve the situations for a person, group of persons, or organization.

7 0

3 years ago