Answer:
$100
Explanation:
When a estate is being distributed, you must always calculate the distribution based on the fair market value of the assets.
the realized gain = fair market value of the land - land basis = $18,000 - $15,500 = $2,500
if the executor of the state decides that the estate recognizes the gain, then the taxes = $2,500 x 28% = $700
if the executor of the state decides that Bartholomaus recognizes the gain, then the taxes = $2,500 x 32% = $800
the difference resulting from choosing the estate = $800 - $700 = $100 saved
12. Paid Office Station Co. for part of the debt incurred on April 5, $1,200. 12. Provided services on account, $4,200.
1. Paid Office Station Co. for part of the debt incurred on April 5, $1,200.
Debit: Accounts Payable - Office Station Co.$1,200
Credit: Cash $1,200
2. Provided services on account, $4,200.
Debit: Accounts Receivable $4,200
Credit: Service Revenue $4,200
To pay off the remaining balance owing to Office Station Co., a debit is sent to the accounts payable account. To account for the cash outflow, the Cash account is credited. This journal entry records the settlement of a portion of the debt incurred on April 5 with Office Station Co.
The acknowledgment of revenue for services rendered to a client on the account is represented by this journal entry. To reflect the increase in the amount due by the client, the Accounts Receivable account is debited.
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The complete question is probably
Write journal entries
12. Paid Office Station Co. for part of the debt incurred on April 5, $1,200. 12. Provided services on account, $4,200.
What is the main problem here for technology companies?
Answer:
they lack appropriate tools
Explanation:
due to lack of money
Lack of ethics is the main problem for technology companies. So, option d. is correct.
Tech companies are actually experiencing a tricky and singular situation that Lack of ethics is the main challenge they are facing. As the tech industry continues to grow, especially after the covid 19, it is important for tech companies to be mindful of this issue and to take steps to address them.
for example, Data privacy and security. Tech companies have been criticized for their handling of user data, and for not doing enough to protect user privacy.
So, only lack of ethics is a common problem in technology companies. The correct option is d. lack of ethics.
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This is an incomplete question. so, probably the complete quetion is given below:
What is the main problem here for technology companies?
a. Hostile work environments
b.Poor growth
c.Ambiguous performance evaluations
d.Lack of ethics
e.Skewed employee demographics
What are some of your entrepreneurial strengths? How would they help you in starting or running a business?
Answer:
My entrepreneurial strengths are in providing helpful advice and information related to running a business. I am able to quickly process large amounts of data and quickly generate a summarized analysis to provide insight into the current state of a business. Additionally, I have access to vast amounts of data that can be used to make informed decisions. These strengths would help me in starting and running a business by providing a useful source of information, aiding in decision-making processes, and providing a bird's-eye view of the company's overall situation.
Rosario Department Store uses a perpetual inventory system. Data for product
E2-D2 includes the following purchases.
Number of Units 50
Unit Price $10 $30
May 7
July 28
On June 1, Rosario sold 26 units, and on August 27, 40 more units. Prepare the perpetual
inventory schedule for the above transactions using (a) FIFO, (b) LIFO, and (c) moving-average
The perpetual inventory schedule using FIFO shows a balance of 64 units and a cost of goods sold of $660, using LIFO shows a balance of 64 units and a cost of goods sold of $1,980, and using the moving-average method shows a balance of 64 units and a cost of goods sold of $1,320.
To prepare the perpetual inventory schedule using FIFO, LIFO, and moving-average, we need to track the purchases, sales, and remaining inventory for the product E2-D2. Let's calculate the inventory schedule for each method:
(a) FIFO (First-In, First-Out):
Using the FIFO method, we assume that the first units purchased are the first ones sold. The perpetual inventory schedule is as follows:
Date Purchases Sales Balance Cost of Goods Sold
May 7 50 units -
June 1 26 units 24 units $10/unit * 26 = $260
July 28 - 24 units -
August 27 40 units 64 units $10/unit * 40 = $400
The balance at the end of August 27 is 64 units, and the cost of goods sold is $260 + $400 = $660.
(b) LIFO (Last-In, First-Out):
Using the LIFO method, we assume that the last units purchased are the first ones sold. The perpetual inventory schedule is as follows:
Date Purchases Sales Balance Cost of Goods Sold
May 7 50 units -
June 1 26 units 24 units $30/unit * 26 = $780
July 28 - 24 units -
August 27 40 units 64 units $30/unit * 40 = $1,200
The balance at the end of August 27 is 64 units, and the cost of goods sold is $780 + $1,200 = $1,980.
(c) Moving-Average:
Using the moving-average method, we calculate the average cost per unit based on all purchases. The perpetual inventory schedule is as follows:
Date Purchases Sales Balance Cost of Goods Sold
May 7 50 units -
June 1 26 units 24 units $20/unit * 26 = $520
July 28 - 24 units -
August 27 40 units 64 units $20/unit * 40 = $800
The balance at the end of August 27 is 64 units, and the cost of goods sold is $520 + $800 = $1,320.
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Roles and responsibility of central management(business policy)
Answer:
The Four Functions of Management: What Managers Need to Know
Planning. One main role of a manager is creating a plan to meet company goals and objectives. ...
Organizing. ...
Leading. ...
Controlling. ...
How to Develop Key Management Skills. ...
Work to Develop Your Management Skills With an MBA.
PNG Company Comparative Balance Sheets
Use the following comparative balance sheets, income statement, and additional information to answer questions (1) through (5).
PNG Company Comparative Balance Sheets For the year ended December 31 20X0 Current assets Cash Accounts receivable Inventor Prepaid rent $157,000 49,000 53,700 11,400 271,100 $105,000 62,000 36,100 8,300 211,400 Total current assets Long-term assets Investment in bonds Land Equipment (net 14,800 184,200 137,900 336,900 216,300 114,500 Total term assets otal assets Current liabilities $ 61,300 4,900 15,400 81,600 $52,700 8,500 12,600 73,800 Accounts payable Interest payable Income tax payable Total current liabilities Long-term liabilities Bonds pavable 205,400 Stockholders equ Common stock Retained earnin 183,500 193,000 165,200 103,900 Total stockholders equity PNG Company Income Statement For the year ended December 31, 20X1 Revenues Sales revenue Cost of goods sold $2,380,000 1,240,000 1,140,000 Gross profit Expenses Operating expenses Depreciation ex Interest expense Income tax expense 899,600 23 400 19,000 61,000 1,003,000 otal expenses Net Income
Additional Information for PNG Co. in 20X1:
1. All sales were on account.
2. Earnings per share were $2.00.
3. The closing stock price on 12/31/X1 was $15.40.
4. PNG had 68,500 of its only class of (common) stock outstanding on 12/31/X1.
1. What was PNG Company’s current ratio for the year 20X1?
7.74
2.47
3.32
2.66
2. What was PNG Company’s debt to equity ratio for the year 20X1?
0.46
0.22
1.39
0.68
3. What was PNG Company’s inventory turnover for the year 20X1?
5.30 times
34.35 times
27.62 times
3.05 times
4. What was PNG Company’s return on equity for the year 20X1?
74.66%
274.82%
36.39%
42.44%
5. What was PNG Company’s profit margin for the year 20X1?
5.76%
2.80%
36.39%
12.02%
Answer:
42.44%
5. What was PNG Company’s profit margin for the year 20X1?
5.76%
2.80%
36.39%
12.02%
Why do we use lampshades and light fixtures?
~to make light speed up
~to create brighter light
~to make light slow down
~to keep light from scattering in all directions
Answer:
im pretty sure its D.
also hi sis.
Click to review the online content. Then answer the question(s) below, using complete sentences. Scroll down to view additional
questions.
Online Content: Site 1
What is the main difference in the way that "earned income" and "capital gains (or portfolio income)" are acquired?
The main difference in the way that "earned income" and "capital gains (or portfolio income)" are acquired is:
Earned income is money gained though occupation.Capital additions are medium of exchange gained though investment(s).Salary, bonuses, commissions, and tips that you receive from an employer or the company are examples of earned money.
Capital gains are funds received as a result of the sale of an investment such as stocks or real estate. Earned income is often taxed more heavily than gains from investments, which are taxed less heavily.
As a result, the significance of the main difference in the way that "earned income" and "capital gains (or portfolio income)" are acquired are the aforementioned.
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Select the correct answer from each drop-down menu.
Fourteen-year old Eric wants to work during his school vacation. What time limits would apply to Eric on normal days to take up any work?
Eric may only work between
and
y during his school vacation,
In many countries, including United States, there are laws that regulate the employment of minors, including the hours that they are allowed to work.
What is employment?Employment refers to state of being employed or having a job, where an individual provides labor in exchange for a salary, wages, or other forms of compensation. It is a fundamental aspect of modern society and an essential means of survival for most people. Employment can take many forms, including full-time, part-time, temporary, or contract work. In addition, it can be self-employment, where an individual is their boss, or working for an organization or company. Employment provides individuals with financial stability, a sense of purpose, and an opportunity for personal and professional growth. It is crucial for economic growth and development, and governments worldwide prioritize creating jobs and reducing unemployment rates to ensure stability and prosperity.
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1 typewritten reviews of a Business Management, or Marketing
Article of the students choosing that appeared in the required Online
readings, You may also select articles from the New York Times.
The articles due on the assign due date. The News Article Review must
be printed out and attached to the student’s Typewritten review in Pdf.
The review must summarize the article in the student’s own words and
discuss how the subject matter of the News Article Review relates to
topics covered in the course.
THE ARTICLE SHOULD NOT BE
MORE THAN 14 DAYS OLD AND MUST BE RETRIVED FROM A
BUSINESS, OR MARKETING JOURNAL PUBLICATION
Explanation:
Title: "Digital Marketing Strategies for Small Businesses: A Case Study"
Article Source: Harvard Business Review
Summary:
The article "Digital Marketing Strategies for Small Businesses: A Case Study" discusses how small businesses can effectively utilize digital marketing strategies to compete in today's highly competitive business landscape. The case study presented in the article focuses on a small boutique clothing store that implemented various digital marketing tactics to increase their online visibility and drive more sales.
The article highlights the importance of having a strong online presence for small businesses, as consumers increasingly rely on digital channels to discover and purchase products and services. The case study outlines the steps taken by the boutique store, including optimizing their website for search engines, creating engaging social media content, and implementing email marketing campaigns to engage with customers.
The article also emphasizes the need for small businesses to adapt their digital marketing strategies based on changing consumer behaviors and market trends. For example, the boutique store in the case study shifted their focus to social media advertising when they noticed that their target audience was spending more time on social media platforms.
Relation to Course Topics:
The article aligns with several topics covered in the Business Management or Marketing course. It highlights the importance of digital marketing for small businesses and the need to adapt strategies to changing consumer behaviors, which are key concepts in modern marketing. The case study also provides practical examples of how small businesses can implement digital marketing tactics, such as search engine optimization, social media marketing, and email marketing, which are commonly covered in marketing courses.
The article also emphasizes the significance of understanding consumer behavior and market trends, which are important considerations in business management. It underscores the need for small businesses to continually assess and adjust their marketing strategies to remain competitive in the ever-evolving digital landscape.
Overall, the article provides a relevant and practical case study that showcases the application of digital marketing strategies for small businesses, making it a valuable resource for students studying business management or marketing.
Review:
The "Digital Marketing Strategies for Small Businesses: A Case Study" article is a well-written and informative piece that provides practical insights into how small businesses can effectively leverage digital marketing strategies. The case study presented in the article is relevant and relatable, making it easy to understand the challenges faced by small businesses in the digital marketing realm.
The article is concise, yet comprehensive, covering key concepts such as search engine optimization, social media marketing, and email marketing in a clear and understandable manner. The use of a real-life case study adds credibility and practicality to the article, making it more engaging for readers.
The author's writing style is engaging and easy to follow, with a good balance of theoretical concepts and practical examples. The article is well-structured, with clear headings and subheadings that make it easy to navigate and locate specific information.
One potential improvement could be the inclusion of more recent data or statistics to support the author's points and provide additional evidence of the effectiveness of the digital marketing strategies discussed. However, overall, the article is a valuable resource for students studying business management or marketing, as it provides relevant and practical insights into how small businesses can navigate the digital marketing landscape to achieve their business goals.
In conclusion, the "Digital Marketing Strategies for Small Businesses: A Case Study" article is a recommended read for students studying business management or marketing. It offers valuable insights into the challenges and opportunities of digital marketing for small businesses and provides practical examples that can be applied in real-world business settings. The article's alignment with course topics and its clear and engaging writing style make it a useful resource for students looking to deepen their understanding of digital marketing strategies.
give at least 2 diffrences of entrepreneurs and intrapreneurs."
Answer:
The main difference between an entrepreneur and intrapreneur is that an intrapreneur is already an employee of an existing organization or buissness, while the entrepreneur creates and oversees a new organization or buissness. Another difference is when an entrepreneur introduces an idea, they are usually introducing a new idea that doesnt already exist or belong to a company. an intrapreneur on the other hand promotes an idea innovation within the already existing company. Also, an intrapreneur is usually an "inside entrepreneur" within an inside co. while an entrepreneur is typically in a larger firm.
Explanation:
I hope this helps have a great day:)
what is the acronym for the rainbow
Answer:
roygbiv
Explanation:
roygbiv
Answer:
the rainbow symbolizes God’s glory the radiance of his beauty, holiness, and perfection Like the appearance of the bow that is in the cloud on the day of rain, so was the appearance of the brightness all around. Such was the appearance of the likeness of the glory of the Lord.
Payment of $1,000 payables *
Increases an asset $1,000; decreases an asset $1,000
Decreases a liability $1,000; decreases an asset $1,000
Decreases a liability $1,000; increases owner's equity $1,000
None of the above
Answer:
None of the above
Explanation:
Given that the question is about Payment of $1,000 payables, then in a journal account, there will be a record of "Decreases in account payable $1,000; increases in cash $1,000"
Hence, considering the available options, the right answer to the question is "None of the above"
I have paid off my mortgage and will now be responsible to pay my insurance premium. Please send all invoices directly to me now. Also, I would like to split the payments into the smallest increments possible. Please let me know what my best option is for reducing my payment amount. What type of payment plan would be given?
The type of payment plan would be given to the customer is installment method where accounting is easier to record transaction.
To split payments there are various methods that are approached in the accounting process and are very helpful but the most helpful method is the installment method which make both debtor and creditor in a profitable relationship.
Installment method helps to record transactions with ease and remember the payment amount with each approached premium to be paid in the form of cash or credit.
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A homeowner receives a property tax assessment for 2020. When does the property tax become delinquent? (a) April 1st, 2020 (6) November 1st, 2020 O (C) April 1st, 2021 (d) January 1st, 2021
A homeowner receives a property tax assessment for 2020. April 1st, 2020 the property tax become delinquent.
The delinquent date for a property tax assessment is the date after which the property owner is subject to penalty fees and interest charges for late payment. The delinquent date varies by location and is typically specified by local tax laws.
Without knowing the specific location of the homeowner, it is difficult to provide an exact answer. However, in many places, property taxes are due in installments and become delinquent if not paid by the due date market supply for each installment. For example, if the homeowner received a property tax assessment for 2020 with installments due on April 1, 2020 and November 1, 2020, then the property tax would become delinquent if not paid by the due date for each installment.
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Roger Fox made deposits of $900 semiannually to Reed Bank at the end of each period, which pays 6% interest compounded semiannually. After seven years Roger made no more deposits. What will be the balance in the account eight years after the last deposit?
The balance in the account eight years after the last deposit is $24,676.68
What is an ordinary annuity?
Ordinary annuity means a fixed amount that would be paid over a period of time, with payments being made at the end of each period.
Like in this scenario, the $900 would be deposited every six months into the Reed Bank account for 7 years, in essence, our first task is to determine the balance in the account at the time of the last deposit in 7 years using the future value formula of an ordinary annuity as shown below:
FV=annuity payment*(1+r)^N-1/r
annuity payment=$900
r=semiannual interest rate=6%/2=0.03
N=number of semiannual payments in 7 years=7*2=14
FV=$900*(1+0.03)^14-1/0.03
FV=$900*(1.03)^14-1/0.03
FV=$900*(1.51258972485511-1)/0.03
FV=$900*0.51258972485511/0.03
FV=$15,377.69
The balance in the account eight years after the last deposit can be computed using the future value formula of single cash of $15,377.69
FV=PV*(1+r)^N
PV=balance at the time of the last deposit=$15,377.69
r=semiannual interest rate=6%/2=0.03
N=number of semiannual periods in 8 years=8*2=16
FV=$15,377.69*(1+0.03)^16
FV=$24,676.68
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he financial statements of Denison Furniture Company include the following items: 2019 2018 Cash $53,500 $53,000 Short-term Investments 29,000 15,000 Net Accounts Receivable 92,000 105,000 Merchandise Inventory 162,000 142,000 Total Assets 532,000 551,000 Total Current Liabilities 235,000 215,000 Long-term Note Payable 62,000 60,000 What is the 2019 cash ratio? (Round your answer to two decimal places)
Answer:
The cash ratio is calculated by dividing cash and short-term investments by current liabilities.
Cash ratio for 2019 = (53,500 + 29,000) / 235,000 = 0.39
Rounding to two decimal places, the 2019 cash ratio is 0.39.
Explanation:
Click this link to view O*NET's Work Activities section for Special Education Teachers. Note that common activities are listed toward the top, and less common activities are listed toward the bottom. According to O*NET, what are common work activities performed by Special Education Teachers? Check all that apply. O establishing and maintaining interpersonal relationships o operating vehicles, mechanized devices, or equipment documenting/recording information o evaluating information to determine compliance with standards communicating with supervisors, peers, or subordinates repairing and maintaining equipment
Answer:
a,c,d on edge
Explanation:
Common work activities performed by Special Education Teachers, as per general expectations of their role, include Establishing and maintaining interpersonal relationships: Special Education Teachers often work closely with students, parents, and other education professionals to build positive and effective relationships to support the learning and development of students with special needs.
Documenting/recording information: Special Education Teachers regularly document students' progress, behavior, and any other relevant information to track their development and create individualized education plans.
Evaluating information to determine compliance with standards: They assess students' performance and progress to ensure that they are meeting educational standards and make necessary adjustments to teaching methods if required.
Communicating with supervisors, peers, or subordinates: Special Education Teachers collaborate with school administrators, fellow teachers, and support staff to coordinate efforts and optimize educational outcomes for students with special needs.
Please note that this information is based on the general duties and responsibilities of Special Education Teachers and may vary depending on the specific educational institution and location. For the most up-to-date and comprehensive information, it's best to refer to O*NET's Work Activities section for Special Education Teachers.
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WBS for the knowledge area of Human/Resource Management for a low-cost housing project
Here's an example of a WBS for the knowledge area of Human/Resource Management for a low-cost housing project:
The wbs for a knowledge area of Human/Resource Management for a low-cost housing projectHuman/Resource Management
1.1 Staffing Plan
1.1.1 Define project roles and responsibilities
1.1.2 Identify required staffing resources
1.1.3 Determine the project team structure
1.1.4 Develop a staffing plan and budget
1.2 Recruitment and Selection
1.2.1 Create job descriptions and specifications
1.2.2 Advertise and promote job openings
1.2.3 Review resumes and conduct initial screenings
1.2.4 Conduct interviews and select candidates
1.2.5 Perform background checks and reference checks
1.2.6 Extend job offers and negotiate terms
1.3 Training and Development
1.3.1 Assess training needs for project team members
1.3.2 Develop a training plan and schedule
1.3.3 Conduct training sessions and workshops
1.3.4 Provide on-the-job training and mentoring
1.3.5 Evaluate training effectiveness and adjust as needed
1.4 Performance Management
1.4.1 Set performance expectations and goals
1.4.2 Monitor and assess individual and team performance
1.4.3 Provide feedback and coaching to improve performance
1.4.4 Conduct performance appraisals and evaluations
1.4.5 Identify and address performance issues or conflicts
1.5 Resource Allocation
1.5.1 Identify project resource requirements
1.5.2 Allocate resources based on project needs
1.5.3 Monitor resource utilization and availability
1.5.4 Optimize resource allocation to meet project objectives
1.6 Stakeholder Management
1.6.1 Identify project stakeholders and their interests
1.6.2 Develop a stakeholder engagement plan
1.6.3 Communicate and manage stakeholder expectations
1.6.4 Address stakeholder concerns and resolve conflicts
1.6.5 Maintain positive relationships with stakeholders
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Jared's friends invite him to dinner at a new restaurant in town. Money has been tight this month, and the new restaurant offers the same meal as another local restaurant but at a higher price. Jared declines the invitation to the new restaurant and opts to dine at the less expensive establishment. Which of the following best represents the reason for Jared's decision? (4 points)
a
High food prices at the new restaurant
b
Preference for another food style
c
His preference to dine alone
d
Higher prices at the older restaurant
LEONE COMPANY Income Statement For Year Ended December 31 Sales Cost of goods sold Finished goods inventory, beginning Cost of goods manufactured Goods available for sale Less: Finished goods inventory, ending Cost of goods sold Gross profit General and administrative expenses Selling expenses Net income $ 84,000 84,000 92.000 $ 3,251,000 $ (8,000) 3,259,000 127.000 603,000 2,529,000
How do you find the cost of goods manufactured?
The cost of goods manufactured (COGM) is the cost of all the products that a company has manufactured during a period.
How to calculateIt is calculated by adding the beginning finished goods inventory to the total manufacturing costs, and then subtracting the ending finished goods inventory.
In the income statement you provided, the cost of goods manufactured is calculated as follows:
COGM = $92,000 + $3,251,000 - $127,000 = $3,224,000
Therefore, the cost of goods manufactured for Leone Company is $3,224,000.
Here is the formula for calculating COGM:
COGM = Beginning finished goods inventory + Total manufacturing costs - Ending finished goods inventory
The total manufacturing costs include direct materials, direct labor, and manufacturing overhead.
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How do the ethics of the Chief Executive Officer play a role in the quality of the products produced by a company?"
Answer:
the CEO ( Chief Executive Officer) job is to lead the company and to do the right thing
Explanation:
The HR department at Clearwater Electronics has been asked to develop a job description for a new managerial position in Dubai. Clearwater’s policy states that subsidiary managers should be employees from the parent company. What benefits does the company hope to realize from this ethnocentric approach?
dang no quema cuh
Explanation:
Fickel Company has two manufacturing departments—Assembly and Testing & Packaging. The predetermined overhead rates in Assembly and Testing & Packaging are $19.00 per direct labor-hour and $15.00 per direct labor-hour, respectively. The company’s direct labor wage rate is $21.00 per hour. The following information pertains to Job N-60: Assembly Testing & Packaging Direct materials $ 375 $ 39 Direct labor $ 168 $ 84 Required: 1. What is the total manufacturing cost assigned to Job N-60? (Do not round intermediate calculations.) 2. If Job N-60 consists of 10 units, what is the unit product cost for this job?
The total manufacturing cost assigned to Job N-60 is $ 696. If Job N-60 consists of 10 units, the unit product cost for this job is $111.00.
How to find the manufacturing costs ?Direct materials (Assembly + Testing & Packaging) = $375 + $39
= $414
Direct labor (Assembly + Testing & Packaging) = $168 + $84
= $252
Overhead applied (Assembly + Testing & Packaging) = $19 * 168 + $15 * 84 = $316 + $126
= $442
Total manufacturing cost = $414 + $252 + $442
= $1110
Unit product cost = Total manufacturing cost / Number of units
= $1110 / 10
= $111.00
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Please answer quickly will mark BRAINLIST
Answer:
Sorry if I get this wrong, but I believe it is A. Like I said, sorry if I got it wrong
Answer:
I also think its option A.
what tax event must take place when a taxpayer receives a Form 1099-A?
Write the quadratic equation in standard form that corresponds to the graph shown below.
The quadratic equation of the graph in standard form is y = x² + 2x - 8
What is a quadratic equation in standard form?A quadratic equation in standard form is given by y = ax² + bx + c
Given the graph below, to write the quadratic equation for the graph in s tandard form, we notice that the graph has two x - intercepts at
(-4, 0) and(2, 0)The x - intercepts are the roots of the quadratic equation.
So, we have that
x = -4 andx = 2So,
x + 4 = 0 andx - 2 = 0So, the factors of the quadratic equation are
x + 4 andx - 2So, multiplying the factors, we have that the equation is
y = (x + 4)(x - 2)
= x² - 2x + 4x + 4 × (-2)
= x² - 2x + 4x - 8
= x² + 2x - 8
So, the quadratic equation is y = x² + 2x - 8
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mrs willard wants to know generally
Rodney opens a savings account at a bank in his hometown. He knows that any money he places in the account is insured by the Federal Deposit Insurance Corporation. He decides to place $10,000 of his savings into the account. Based on this information and your knowledge of the relationship between the risks and rewards of investments, which of the following is true?
Because of the large amount of risk involved, Rodney should expect to only earn a small amount of interest on
his deposit.
Because of the large amount of risk involved, Rodney should expect to earn a large amount of interest on his
deposit.
Because of the small amount of risk involved, Rodney should expect to earn a large amount of interest on his
deposit.
Because of the small amount of risk involved, Rodney should expect to only earn a small amount of interest on
his deposit.
The true statement is because of the small amount of risk involved, Rodney should expect to only earn a small amount of interest on his deposit.
What is the risk and interest rate ?The Federal Deposit Insurance Corporation (FDIC) was established as a result of the bank runs that plagued the era of the great depression. The FDIC insures the deposits of bank depositers. This eliminates the risk that customers would lose the money deposited if the bank becomes insolvent.
Due to the fact that bank deposits are insured, there is a little or no risk associated with saving your money in the bank. There is a positive relationship between interest rate and risk. Since, the risk is low, the interest rate would be low.
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Whitch of the following is required to be considered an entrepreneur?
Answer:
An entrepreneur is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards. The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures
Explanation: