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3 years ago

The National Credit Union Administration provides coverage up to $250,000 per individual depositor at each credit union.

Business

1 answer:

andreyandreev [35.5K]3 years ago

8 0

Answer:

True

Explanation:

It is TRUE that The National Credit Union Administration provides coverage up to $250,000 per individual depositor at each credit union.

This is evident in the fact that the National Credit Union Administration posted on their website that "All deposits at federally insured credit unions are protected by the National Credit Union Share Insurance Fund, with deposits insured up to at least $250,000 per individual depositor."

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Which type of soil is on the bottom? Why?

Maurinko [17]

On the bottom of what ? Can you please take a pic of the question

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3 years ago

The concept of economic profit is used for making a decision between your two _______ options. Earning zero economic profit is n

tigry1 [53]

Answer:

The concept of economic profit ....... alternative two options.

If economic profit is positive .......... Current option.

If economic profit is negative............ Other option

Explanation:

Economic Profit is the excess of revenue associated with an option, over its costs (explicit external & implicit opportunity costs).

Example : Revenue - Direct explicit cost of production - opportunity cost (like interest on money invested, salary of job left foregone).

The concept is used to make decision between two alternative options. Given, zero economic profits imply indifference.

Positive Economic Profit implies - one should choose Current option, as it will make Better off , having more benefit than other option

Negative Economic Profit implies - one should choose Other option, as it wil make better off, having more benefit than the former considered option.

8 0

3 years ago

What is accounting receivable?

tankabanditka [31]

Answer:

Is the balance of money due to a firm for goods or service delivered or not yet paid

Explanation:

Account are recorded on balance sheet on current account

5 0

3 years ago

Unearned Rent Revenue is

Alex Ar [27]

Answer:

The correct answer is option B.

Explanation:

The unearned rent revenue will be reported as a current liability. The reason behind this is that unearned revenue is prepaid revenue or advance payments for goods or services that the firm has to provide in the future.

Unearned revenue is a liability because the goods or services are yet to be provided and there is a chance that the order might get canceled, or seller might not be able to provide to them.

5 0

3 years ago

Professional Properties is considering remodeling the office building it leases to Heartland Insurance. The remodeling costs are

Virty [35]

Answer:

- $651,234.54

Explanation:

Data provided in the question:

Cost of remodeling = $3.4 million = $3,400,000

Rent paid each year = $820,000

Duration, n = 5 years

Discount rate, r = 15% = 0.15

Now,

Present value of the amount rent paid each year = A × $\left[ \frac{1-(1+r)^{-n}}{r} \right]$

Here,

A = Rent paid each year

Thus,

Present value of the amount rent paid each year

= $820,000 × $\left[ \frac{1-(1+0.15)^{-5}}{0.15} \right]$

= $820,000 × 3.352153

= $2,748,765.46

Therefore,

Benefit = Present value of the amount rent paid - Cost of remodeling

= $2,748,765.46 - $3,400,000

= - $651,234.54

7 0

4 years ago