Yvette has a checking account with $17,371 and a savings account with $240,000. Her combined money in Apexon Bank is $257,371.
To know how much of Yvette's money is protected you must note that:
FDIC insures: checking, savings, money market deposits and certificates of deposit. FDIC protects against $250,000 combined.
Since Yvette has $257,371 the FDIC protects against $250,000 of that amount leaving $7,371 unprotected.
Answer:
The options for this question are the following:
A. payoff matrix.
B. mission statement.
C. tactical plan.
D. organization chart.
The correct answer is B. Mission statement.
Explanation:
A good mission statement is a useful tool for well-managed businesses. It is the "why" of business strategy.
A mission statement defines the objectives of what a company does by:
Your clients
The employees
Their owners
Some of the best mission statements also extend to include the fourth and fifth dimensions: what the company does for its community and for the world.
In terms of marketing, a mission statement is a brief paragraph that describes what your business does and why it exists. If that sounds like useless marketing that could be labeled as a long list of the most important things to do, you're not alone.
The reality is that many mission statements are ineffective. Usually, they are the ones written in minutes with very little thought from their creators.
Answer:
$325,000
Explanation:
Given that,
Total variable costs = $219,600
Total fixed costs = $126,750
Total revenues = $360,000
Required sales in dollars to break even:
= [Total fixed cost ÷ (Total revenues - Total variable costs)] × Total revenues
= [$126,750 ÷ ($360,000 - $219,600)] × $360,000
= ($126,750 ÷ $140,400) × $360,000
= 0.9028 × $360,000
= $325,000
Answer:
.4
Inelastic
Explanation:
Elasticity of Demand = |%Change in Demand / %Change in Price|
%Change in Demand= |(40,000 - 50,000)/50,000| = 20%
%Change in Price = |(60 - 40)/40| = 50%
Elasticity of Demand = .2/.5 = .4 or 40%
.4 < 1 so Demand is Inelastic
Answer:
A) $1.82
Explanation:
the dividends discount model is used to determine the value of stock given the distributed dividends and the required rate of return:
current dividend $0.20 per stock
dividends year 1 = $0.23 per stock
dividends year 2 = $0.2645 per stock
dividends year 3 = $0.3042 per stock
dividends year 4 = $0.35 per stock
after year 4, we need to calculate the growing perpetuity = dividend / (return rate - growth rate) = $0.35 / (17.4% - 2.5%) = $0.35 / 14.9% = $2.35
now we must find the present value of the cash flows:
PV = $0.23/1.174 + $0.2645/1.174² + $0.3042/1.174³ + $0.35/1.174⁴ + $2.35/1.174⁵ = $0.1959 + $0.1919 + $0.188 + $0.1842 + $1.0537 = $1.82
