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3 years ago

6

Lupe wants an account into which she can deposit her paychecks. She also wants to use the money in her account to pay for her ex

penses. Which type of account is most likely best for her? CD checking account savings account money market account

2 answers:

Andrei [34K]3 years ago

5 0

Answer:

Checking account

Explanation:

Harrizon [31]3 years ago

4 0

The Answer is checking account.

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Match each scenario with the step in the home-buying process it describes

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1 closing,2 appraisal and 4 prequalification

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Hobson Company bought the securities listed below during 2020. These securities were classified as trading securities. In its De

Wewaii [24]

Answer:

$50,800

Explanation:

Security Cost Fair value Gain(loss)

X 371,000 343,500 -27,500

Y 185,000 162,400 -22,600

Z <u>424,000</u> <u>407,800</u> <u>-16,200 </u>

Total <u>980,000</u> <u>913,700</u> <u>-66,300</u>

Unrealized holding loss on Income statement ended June 30,2021 = $66,300 - $15,500 = $50,800

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3 years ago

John is a drummer who purchases his drumsticks online. When practicing with the newest pair, he notices they feel heavier than u

Vinil7 [7]

Answer:

0.0042 is the probability of the stick's weight being 2.33 oz or greater.

Explanation:

We are given the following information in the question:

Mean, μ = 1.75 oz

Standard Deviation, σ = 0.22 oz

We are given that the distribution of drumsticks is a bell shaped distribution that is a normal distribution.

Formula:

$z_{score} = \displaystyle\frac{x-\mu}{\sigma}$

P(stick's weight being 2.33 oz or greater)

P(x > 2.33)

$P( x > 2.33) = P( z > \displaystyle\frac{2.33 - 1.75}{0.22}) = P(z > 2.6363)$

$= 1 - P(z \leq 2.6363)$

Calculation the value from standard normal z table, we have,

$P(x > 2.33) = 1 - 0.9958 =0.0042= 0.42\%$

0.0042 is the probability of the stick's weight being 2.33 oz or greater.

6 0

3 years ago

As sales manager, Joe Batista was given the following static budget report for selling expenses in the Clothing Department of So

boyakko [2]

Answer:

Soria Company

Clothing Department

Selling Expense Flexible Budget Report for the month ended October 31, 2017: (Joe Batista)

Budget Actual Variance Comment

Sales in units 10,000 10,000 0 Neither

Flexed Variable Expenses:

Sales Commission $2,400 $2,400 0 Neither

Advertising Exp. $1,200 $900 $300 Favorable

Travel Expense $4,000 $4,000 0 Neither

Free Samples $2,300 $1,300 $1,000 Favorable

Total Variable $9,900 $8,600 $1,300 Favorable

Fixed Expenses:

Rent $1,700 $1,700 0 Neither

Sales Salaries $1,100 $1,100 0 Neither

Office Salaries $800 $800 0 Neither

Depreciation $400 $400 0 Neither

Total Fixed $4,000 $4,000 0 Neither

Total Expenses $13,900 $12,600 $1,300 Favorable

Explanation:

a) Budgeted Variable Costs were flexed as follows:

i) Sales Commission = $1,872/7,800 x 10,000 = $2,400

ii) Advertising Expenses = $936/7,800 x 10,000 = $1,200

iii) Travel Expense = $3,120/7,800 x 10,000 = $4,000

iv) Free Samples = $1,794/7,800 x 10,000 = $2,300

b) The fixed costs could not be flexed as they remain invariable no matter the activity level.

c) Flexible budget is a budget that adjusts or flexes with changes in volume or activity. It is a more accurate way of assessing performance because it is based on actual volume or activity level unlike a static budget, which remains unchanged.

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3 years ago

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What type of competition exists in the aviation sector? And why?

shtirl [24]

Answer:

Oligopoly market structure

Explanation:

The airline industry is characterized by an oligopoly market structure, a form of imperfect competition in which a limited number of firms dominate the industry. Oligopoly firms have market power in setting or altering prices for their products by establishing various output values.

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3 years ago