Answer:
Demand Deposits
Explanation:
Demand Deposits, as the name implies, are ones that are not placed for a certain length of time, unlike fixed deposit receipts, etc. Businessmen usually regard the money they place in current accounts as demand deposits that they can withdraw at any moment. Savings bank accounts and fixed deposit accounts are the additional deposit options available to a depositor. The depositor deposits his funds into a savings bank account and can withdraw them as needed. Some banks place limits on the number of withdrawals that may be made from savings bank accounts in a month or a year, but all banks pay interest on the money that is kept in savings bank accounts, whereas no interest is given on demand deposits. In a fixed deposit account, funds are placed for a preset amount of time, such as one month, three months, six months, or one year or more, and interest is given on those funds at a predefined rate that was set on the deposit date.
Basically there are 2 types of demand deposits:
Current accounts are typically created by businesspeople for their commercial dealings. No interest is paid on the balance in the account. flexible withdrawal and deposit options.Savings account - Usually opened by working class people, students, etc. Interest is earned on the balance in the account at a rate of 3.5–4%. Flexible withdrawal and deposit options.There are 2 types of term deposits.
Deposits that may be made repeatedly are known as recurring deposits ( like monthly, quarterly). This money must be retained for a specific amount of time and is only withdrawable at maturity. More than savings accounts, but less than fixed deposits, is the interest earned.Money may only be put once in a fixed deposit. This money will be held for a specific amount of time and may only be released at maturity. All account types will provide the highest rate of interest. If you wish to take money out before it matures, there will be a penalty.These are the basic types of bank accounts. Today's banks enhance these accounts with additional features to make them more enticing and personalized.
The Coca-Cola Company uses a job-order costing system. True or False: Job-order costing uses the actual direct materials cost of the job, the actual direct labor cost of the job, and the manufacturing overhead cost applied to the job.
Answer: In managerial accounting, there are two general types of costing systems to assign costs to products or services that the company provides: “job order costing” and “process costing”. Job order costing is used in situations where the company delivers a unique or custom job for its customers. Every customer is treated uniquely and delivered products to specifically suit their individual needs.
Explanation: hope this helps, if not I'm sorry
Gross domestic product calculations count only final goods and services because ______.
Gross domestic product calculations count only final goods and services because counting all intermediate goods and services would lead to double-counting of many activities.
What is gross domestic product?The GDP of a country is what measures the total output of goods and services produced in a country. In other words, it measures the standard of living of a country's citizen.
The gross domestic product is a broad monetary measure of a nation’s overall economic activity.
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utilizing the general education electives list in the college catalog menu (link below), eng 230 is considered which area of electives?
Based on the fact that Eng 230 is an English language course, it will most likely fall under Humanities or Fine Arts.
What classification does English fall under as a college course?The link is not provided so I will have to give a general answer.
English as a language will often fall under the Humanities department where you might find other languages such as French and Spanish.
In some cases, it could also fall under Fine Arts thanks to its use in Theatre and Drama as well as Film and Television.
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Assume that sparks uses a perpetual specific identification inventory system. its ending inventory consists of 2 units from beginning inventory, 4 units from the jan. 5 purchase, and 10 units from the jan. 29 purchases. calculate the dollar value of its ending inventory.
The dollar value of the ending inventory is given as $264
How to solve for the dollar value of ending inventoryThrough the specific identification system, we can identify units through the use of accounting principles.
We have to multiply the number of units of inventory by the amount that it costs.
Hence we have
2 * 12 + 4 * 15 + 10 * 18
This gives us $264 as the dollar value of the inventory.
Complete questionAssume that Sparks uses a perpetual specific identification inventory system. Its ending inventory consists of 2 units from beginning inventory, 4 units from the Jan. 5 purchase, and 10 units from the Jan. 30 purchases. Calculate the dollar value of its ending inventory.
Jan 1
Beginning Inventory
10 at $12
Jan 5
Purchase
10 at $15
Jan 30
Purchase
10 at $18
Feb 8
Sale
14 units
$186
$264
$160
$450
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Answer:$264
Explanation:
to maximize audience attention to still images in an ad campaign, which strategy should you use?
The strategy to be used in order to maximize audience attention to still images in an ad campaign is to Create a slideshow of the images.
What is an Ad Campaign?This refers to the action that an advert manager or company takes in order to market a product or service to a group of people.
Hence, we can see that based on the fact that the advert in question has to do with still images, to increase the attention of the audience, the best strategy would be to create a slideshow of the images.
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A production possibilities frontier is like a ___________________, for an entire society. Group of answer choices opportunity cost
Answer:
production possibilities frontier is like a set of choices
the build-up method drills down revenue projections to a typical ______.
The build-up method drills down revenue projections to a typical day.
What is revenue?This refers to the total amount of income realized from the sale of goods or services as it relate to a company's operation. It is the value generated from the sale of a company's goods.
It is to be noted that two methods of forecasting future revenues are comparable method and the build-up method.
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In the nation of Hamsterville most goods, services, and resources are allocated in markets. However, some goods are provided by the government, such as healthcare and education.What kind of economic system does Hamsterville have
On the hamster farm, They are operating under a market economy, where resources, goods, and services are distributed through markets.
What is an economic system?
A society's or a specific geographic area's system of production, resource allocation, and distribution of products and services are known as an economic system or economic order.
In a market economy, private individuals rather than the government own the resources. The majority of products, services, and resources are distributed in marketplaces in the country of Hamsterville. But the government does supply some things, like healthcare and education.
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what increases your total loan balance?
Interest compound is known to increase a person's loan balance.
What is interest?This is a term that is used to refer to the additional cost of borrowing money. When people borrow they have to pay an interest for that amount in a given period.
When you fail to pay when due, the interest on this loan would continue to rise till you pay up.
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Jenna's firm in Lexington issues a check to First In Line Title Company because it referred a buyer to Jenna and subsequently closed the transaction. The buyer approved the payment. This is an example of ______.
If the buyer approved the payment. This is an example of An Illegal Kickback.
What is Illegal Kickback?Illegal Kickback can be defined as the way in which a person or a company received a bribe or receive payment that is illegal.
The given scenario is an example of Illegal Kickback as Jenna's firm issues out a check to First In Line Company because the company referred a buyer to Jenna.
Therefore If the buyer approved the payment. This is an example of An Illegal Kickback.
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what is a sale promotion
Answeris one of the elements of the promotional mix. :
Explanation:
Answer:
profit
Explanation:
You take a major selection of items and you increase the amount wanted by a quarter percentage.
which product was used to show the income effect, substitution effect, and diminishing marginal utility?
In this context, the "Pizza" was the product that is used to show the income effect, substitution effect, and diminishing marginal utility.
What is stated by Income effect?The effect gives that Increase in price = Decrease in income = Decrease in quantity demanded
What is stated by Substitution effect?The effect gives that Increase in price = Replace product with cheaper alternative = Decrease in quantity demanded
What is stated by Diminishing marginal utility?The effect gives that Increase in consumption of a good = Decrease in satisfaction = Decrease in quantity demanded
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Select a travel lane with the least amount of congestion and stay in the lane you have chosen until you need to turn, __________, or avoid a hazard.
Select a travel lane with the least amount of congestion and stay in the lane you have chosen until you need to turn, pass another, or avoid a hazard. Read below about travel lane.
What is a travel lane?A traffic lane or travel lane is a lane for the movement of vehicles travelling from one destination to another, not including shoulders. A through lane is a traffic lane for through traffic. At intersections, these may be indicated by arrows on the pavement pointing straight ahead.
Therefore, the correct answer is as given above.
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When giving a spreadsheet a title, what are some best practices to follow?
The practices tio follow when giving a spreadsheet a title is to make it
shortclearstate what it is aboutWhat is a spreadsheet?This is a document that is used electronically with the use of computers. This document contains data and information in all of its fields.
Spreadsheets are arranged to be in rows and also in Mathematical operations can be performed on them.
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A loan in which a parent deposits money with a host-country bank, which then lends the money to a subsidiary located in the host country is known as a(n) ________.
A loan in which a parent deposits money with a host-country bank, which then lends the money to a subsidiary located in the host country is known as a back-to-back loan.
What is a back-to-back loan?A back-to-back loan is a deal in which two parent corporations from separate nations borrow equal sums of money in their home currencies and lend it to the local subsidiary of the other.
While businesses could trade money on the currency markets, back-to-back loans can be more practical and provide the necessary currency. However, back-to-back loans have mainly been replaced by currency swaps and other comparable instruments. Nevertheless, these tools support global trade.
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Many American consumers are replacing older versions of washing machines and dishwashers with water- and energy-saving models and to invest in phosphate-free laundry detergent and mercury-free and rechargeable batteries. These consumers
The American consumers using water and energy-saving models instead of older versions of washing machines are the consumers who are contributing to creating a greener environment.
Who are consumers?Consumers are the individuals who acquire products for satisfying their wants and needs on a regular basis for consumption.
The replacement of older models of washing machines with energy and water-saving models and the investment in detergent powders with no phosphate content and batteries which can be reusable will eventually result in creating eco-friendly surroundings with lesser pollution.
Therefore, a greener environment is created by the consumers by doing the needed changes as explained above.
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A group of investors wants to open up a jewelry store in a new shopping center. The investors are trying to decide whether to stock the store with inexpensive jewelry, medium-priced jewelry, or expensive jewelry. The probability of their choice depends upon the economic conditions: prosperity or recession. How many decision alternatives are presented in this situation?
Based on the situation the group of investors face the number of alternatives described is 3 alternatives.
Which alternatives do the investors have?The investors have the choice of stocking either inexpensive jewelry, medium-priced pieces, or expensive jewelry.
These are three choices in total that they have to pick from in a mutually exclusive scenario.
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An investment adviser representative has been reviewing the likelihood that an equity investment will produce the desired return. He has determined that the mean return on the investment is 15%, with a 12% standard deviation, and a 95% probability of occurrence. This means that he would expect the range of returns to be approximately:
The investment adviser would expect the range of returns on the equity investment to be between 5% and 35%.
What is the range of the desired return?The lower bound of the range is:
= Mean return - Standard deviation
= 20% - 15%
= 5%
The upper bound of the range is:
= Mean return + Standard deviation
= 20% + 15%
= 35%
The range is therefore 5% to 35%.
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The range of returns to be approximately 3.00% - 27.00%
What is investment?
An investment is a valuable item bought with the intention of increasing one's wealth. While stocks, bonds, and real estate are frequently included when discussing investments.
A 12% standard deviation means that the investment return can vary plus or minus 12% from the mean (average) return over the course of a year. With a 15% average (mean) return, it might fall as low as 3% (15% - 12% deviation); or it might rise as high as 27% (15% + 12% deviation).
The probability of the return falling in this range is 95%. This has nothing to do with the actual calculation of the range of returns.
As a result, 3.00% - 27.00% is correct.
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Kim, Chris, and Beth are all partners in a cosmetics firm. Kim is leaving the partnership and wants to sell her shares of the business, including the property owned by the partnership, to Chris and Beth. The three partners own the property with the right of survivorship should one or more of them die. The remaining partners are not interested in buying Kim's interests. Kim has been unable to find a buyer for her share of the partnership. She has now resorted to asking the court to either sell her shares or sell the entire property. What form of concurrent ownership applies
It is a Joint Tenancy form of concurrent ownership.
What is joint tenancy ownership?Joint tenancy is a type of shared ownership of property, where each and every owner has an undivided interest in the property.
This type of ownership provides a right of survivorship to the partners , which means that when one owner dies, the other owners hold the interest of the deceased owner.
Basically, it is a legal agreement in which two or more people own a property together with equal rights.
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A form of foreign direct investment, where a domestic company purchases a company in a foreign country to produce a similar product or service is a: Group of answer choices licensor. joint venture. foreign subsidiary. host company.
A form of foreign direct investment, where a domestic company purchases a company in a foreign country is a foreign subsidiary.
What is Foreign subsidiary?This is a business enterprise which involves a company owning to some degree another in another country.
This type of subsidiary involves the both of them producing the same type of goods and service.
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In the last few decades the car manufacturing sector has found it difficult to compete with foreign car imports. High labor costs is one of the main reasons economist site as the lack of competitiveness for the car manufacturing industry. If there was modest inflation, how could it possibly help the car manufacturing industry in the United States compete with foreign car manufacturers
A modest inflation would help the car manufacturing industry compete with foreign car manufacturers because c. It could allow real wages to downwardly adjust more easily.
How would a modest inflation help with foreign competition?When there is modest inflation, it means that the real wages paid to the employees in the car companies would fall.
This would reduce the real costs to the card companies in terms of producing cars. They will then be able to charge lower selling prices which would allow them to compete with cheaper imports.
Options for this question include:
a. The consumers of the cars have increased purchasing power.
b. Business loans would cost less for the U.S. car manufacturers.
c. It could allow real wages to downwardly adjust more easily.
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See the "zane corbin, accounting major" case for this question. given the facts available in this case, do you believe the upchurch medal awarded to zane corbin should have been rescinded despite the outcome of the academic misconduct hearing? why or why not?
No, Cobin should have been stay to see the result of the academic misconduct hearing because he has some facts available in this case.
What is the William J Upchurch medal?The William J Upchurch medal is a final undergraduate award, which is given annually to the outstanding seniors in the Hopkins college of Business.
The criteria for the award consists overall GPA, GPA in business courses, involvement in student organization etc.
The facts available in this case are: Cobin was attending the orientation session in his junior year, & went to two career fairs in the past two year. He was also a member for two years. He should stay to see the result of the academic hearing.
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A financial analysis comparing the potential gains from an investment against the potential losses is known as_______________
A financial analysis comparing the potential gains from an investment against the potential losses is known as Risk or ROI
What is Return on Investment (ROI)These is the amount of money generated from a business. Most financial analysis are analyzed by understanding the level of ROI generated by a business.
Most firm therefore compare their potential gains from an investment against the potential losses depending on the ROI and risk involved.
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X Corp. and Y Corp. are separate entities. In Year 4, X Corp. extended a hostile tender offer directly to the shareholders of Y Corp. Y Corp. immediately issued bonds and offered to repurchase its own stock from its current shareholders at an amount higher than the current market price. The action by Y Corp. is best described as a(n) Issuance of stock strategy. Legal action strategy. Self-tender strategy. Compulsory share exchange strategy.
The action by Y Corp. is best described as a C. Self-tender strategy.
What is a self-tender strategy?A self-tender is a defense strategy that thwarts a hostile corporate takeover.
Using a self-tender strategy as described in this scenario involves Y Corp. making a tender offer for its shares, inviting its shareholders to sell their shares so that the company can repurchase them at a specified favorable price.
This self-tender strategy closes off X Corp's efforts to succeed with the hostile tender offer.
Thus, the action by Y Corp. is best described as a C. Self-tender strategy.
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Sheffield has a standard of 2 hours of labor per unit, at $12 per hour. In producing 3600 units, Sheffield used 6900 hours of labor at a total cost of $84180. Sheffield's total labor variance is
Based on the standard labor hours to Sheffield and the cost per unit of labor, the total labor variance is $3,600 Favorable.
What is Sheffield's labor variance?This can be found as:
= (Standard Labor Hours - Actual Labor Hours) x standard Labor Rate
Solving gives:
= ((3,600 x 2) - 6,900) x 12
= (7,200 - 6,900) x 12
= $3,600 Favorable
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In economics a computer bought by a firm for its account keeping is classified differently to a computer bought by an individual for playing games and surfing the internet. Explain why.
Answer:
12
Explanation:
When there are many substitutes available in the market for a particular product, consumers _______. a. have a hard time switching from one product to another, making demand more inelastic b. can easily switch from one product to another, making demand more inelastic c. have a hard time switching from one product to another, making demand more elastic d. can easily switch from one product to another, making demand more elastic
The outcome that is likely to occur when there are many substitutes available in the market for a particular product, is that customers can easily switch from one product to another, making demand more elastic.
What is Demand?This refers to the quantity of goods that are needed by customers at any given time that affects price and supply.
Hence, we can see that in the case where there are many substitutes for a particular product, this would lead to a more elastic demand because the people can easily switch from one product to another.
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Proponents of a fixed exchange rate system point out that a major drawback of a floating exchange rate is that it is responsible for creating trade deficits. helps eliminate the uncertainty about the value of a currency. leads to uncertainty about the value of goods traded internationally. keeps a nation from trading fairly with other nations. is based on the value of gold held by a nations.
Proponents of a fixed exchange rate system point out that a major drawback of a floating exchange rate is that it C. leads to uncertainty about the value of goods traded internationally.
What is a floating exchange rate?A floating exchange rate refers to the foreign exchange rate as determined by the forex market based on supply and demand relative to other currencies.
A floating exchange rate system gives the government more scope to use monetary and fiscal policies to achieve domestic economic stability, unlike a fixed exchange rate regime.
Thus, proponents of a fixed exchange rate system point out that a major drawback of a floating exchange rate is that it C. leads to uncertainty about the value of goods traded internationally.
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in vernon smith's classroom experiments, total gains from trade were very close to being maximized throughout the experiment because:
In vernon smith's classroom experiments, total gains from trade were very close to being maximized throughout the experiment because the quantity of goods supplied is more than the quantity of goods that the consumer demanded for leading to a surplus.
Why is the gain not Maximized?The gain was not maximized because the consumer were not willing to pay for the goods that they do not demand for and they where also not willing to pay less for the good.
This occurs when a goods exist in abundance.
Therefore, In vernon smith's classroom experiments, total gains from trade were very close to being maximized throughout the experiment because the quantity of goods supplied is more than the quantity of goods that the consumer demanded for leading to a surplus.
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answer it pls... T_T .
Answer/Explanation:
One way this definition is defective is because it does not consider immaterial goods (like services, such as a doctor). In modern economics the word “Wealth” includes material and immaterial goods, which is why the definition is defective.
