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3 years ago

1. What does it mean to set up an “automatic deposit” and why is this a good savings strategy?

Business

1 answer:

Andrews [41]3 years ago

3 0

Answer:

an automatic deposit will put a set amount of money away into savings without you having to do it that way you will not have to worry about it and won't be tempted to spend it instead of saving it. it's a good strategy because it eliminates that temptation and makes it so much easier to save without falling off track

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Araceli is a team member in a large corporation. She never speaks in team meetings because she has seen members talk behind each

Fynjy0 [20]

Answer:

B) Climate of trust

Explanation:

The problem seems to be Climate of trust. This fundamental factor allows teams to perform better than the sum of the performance of each of its members. Through an environment of trust, each member is supported and coached by other team members making individual improvements and increasing synergies within the team. A climate of trust is not exempt from criticism, but this criticism is understood as a helping tool rather than an instrument of personal harm. Finally, a climate of trust allows that errors and mistakes become a useful source of learning.

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3 years ago

A company borrowed $40,000 cash from the bank and signed a 6-year note at 7% annual interest. the present value of an annuity fa

Anna [14]

The present value (PV) of an annuity of P equal periodic payments for n years at r% is given by:

$PV=Pa_{n\rceil r}$

where $a_{n\rceil r}$ is the present value of an annuity factor for n years at r%.

Given that a company borrowed $40,000 cash from the bank and signed a 6-year note at 7% annual interest and that the present value of an annuity factor for 6 years at 7% is 4.7665.

Then

$40000=4.7665P \\ \\ P= \frac{40000}{4.7665} =8,391.90$

Therefore, the annual annuity payments equals $8,391.90

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3 years ago

What are the two factors you should consider when choosing which target date fund is best for you?

Sati [7]

Answer:

Expenses and glide path are just two factors that investors should consider

Explanation:

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3 years ago

At Afterbadge, a chain of stores that sells computer accessories, all the marketing activities are planned at the company headqu

Anna11 [10]

Answer:

The correct answer is letter "B": Centralization of authority.

Explanation:

Centralization of authority takes place in companies where high-rank executives take most or all the decisions regarding the operations. Employees voice is not heard under this approach. Managers tend to implement this strategy when they pretend to minimize the percentage of mistakes incurred in the firm. The organization of the company tends to be bureaucratic.

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3 years ago

Cheyenne Corp. is authorized to issue both preferred and common stock. The par value of the preferred is $50. During the first y

qaws [65]

Answer:

Feb. 1

Debit : Cash (48,000 x $52) $2,496,000

Credit : Preferred Stock (48,000 x $50) $2,400,000

Credit : Paid in excess of Par - Preferred Stock $96,000

July 1

Debit : Cash (66,000 x $56) $3,696,000

Credit : Preferred Stock (66,000 x $50) $3,300,000

Credit : Paid in excess of Par - Preferred Stock $396,000

Explanation:

With Par value stocks, any amount paid in excess of par is placed in a reserve - Paid in Excess of Par as shown in the journals above.

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3 years ago