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gogolik [260]
3 years ago
15

Why can internet banks offer better interest rates and lower fees than tradition banks?

Business
1 answer:
Maurinko [17]3 years ago
6 0
C I think bro Ishtar
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How much do taxes take out of your paycheck?
Alekssandra [29.7K]
Quite a lot these days.

Let's say you made $4,000

You really only receive
(in your bank account)
About $2,000

It also depends if you have other bank accounts such as retirement savings or college payments.
6 0
3 years ago
Austin's total fixed cost is $3,600. Austin employs 20 workers and pays each worker $60. The average product of labor is 30, and
Lorico [155]

Answer:

$5

Explanation:

The marginal cost is the increase or decrase in total production cost if output is increased by one more unit.  The formula to obtain the marginal cost is change in costs/change in quantify.

MC= ´TC/ ´Q

Where:

´=Change

TC= Total cost

Q= quantity

If the price you charge per unit is greater than the marginal cost of producing one more unit, then you should produce that unit

6 0
3 years ago
At the beginning of Year 2, a company invested $40,000 in a debt security. At that time the security was appropriately classifie
adoni [48]

Answer: The Change of $11500 would be reported as unrealized Losses in the statement of comprehensive income

Explanation:

Debt security are recognised at their Fair Value in the Financial statements. Changes in the Fair Value are recognized in the Statement of comprehensive income as Unrealized Gains or Unrealized Losses.

The Fair Value declined from $40 000 to $28500, The loss of $11500 ($40 000 - $28500) will be reported as Unrealized Losses under OTHER INCOME in the statement of comprehensive income

7 0
3 years ago
In an imaginary economy, consumers buy only hot dogs and hamburgers. The fixed basket consists of 10 hot dogs and 6 hamburgers.
aksik [14]

Answer:

The correct option is option D which is When 2006 is chosen as the base year, the inflation rate is 50 percent in 2007.

Explanation:

For the fixed basket, the price is 2006 is given as

Basket Price =$3*10+$5*6=$30+$30=$60

Now the price of basket in 2007 is given as

Basket Price=$5.40*10+$6*6=$54+$36=$90

Now as the inflation rate is given as

Price in 2007/Price in 2006=$90/$60=1.5

this indicates that the prices have become 1.5 times or have increase 50% Thus the inflation rate is 50%

3 0
3 years ago
Item5 1.25 points eBookPrintReferencesCheck my workCheck My Work button is now enabledItem 5 Exercise 2-12 Computing Predetermin
Law Incorporation [45]

Answer:

Follows are the solution to the given points:

Explanation:

 In point 1:

The pre-determined overhead rate value:

= (\frac{654,000}{155,000})+4.40 \\\\= 4.21+4.40\\\\= \$ 8.61 / MH

In point 2:

Calculating the total manufacturing cost:

\text{Direct material} \to 390\\\\\text{Direct labor}  \to  230\\\\\text{Manufacturing overhead} (36 \times 8.61)  \to 309.96\\\\\text{Total manufacturing cost}\to 929.96

In point 3:

The unit product cost:

= \frac{929.96}{60}\\\\ = \$15.49 / unit

In point 4:

Calculating the selling price per unit:

= \$15.49+(\$15.49 \times  130\%)\\\\ =\$15.49 + 20.137 \\\\ = \$35.627 \approx \$36 / unit

3 0
3 years ago
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