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riadik2000
3 months ago
14

Cindy has been working for 8 years, and she’s built up a huge emergency fund -- $45,000, which would be 6 months of her salary.

She’s hoping to earn a bit more interest than she currently is with that $45,000 just sitting in her traditional bank’s savings account. Which account would you recommend? Why?
Business
1 answer:
stepan [3.5K]3 months ago
6 0

Answer with Explanation:

Here are several types of investment accounts that are suitable for emergency funds, with returns on these investments varying according to the risk level taken by the investors:

  • Current Account Investments
  • Commodity Investments
  • Mutual Funds

When the inflation rate is lower than the returns from a current account, it can be a more advantageous investment since the capital maintains its value over time.

If the inflation rate surpasses the current account returns, it would be wiser to invest in commodities such as gold and oil, which are often considered speculative investments.

For those investors who are inclined towards taking risks, mutual funds may be a preferable choice, as these typically offer higher returns due to the greater risk involved.

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As head of Adita Inc., potential investors are asking questions about the company’s dividend payment history. The investors are
Katen [3525]

The solution is available in an excel document.

Helpful details:

Year 4 = $360,000 - $84,000 = $276,000

Preferred share dividend = Total Preferred dividend for that year / total number of preferred shares.

Download xlsx
5 0
2 months ago
John, a line supervisor, has decided to increase Kerry's responsibilities by delegating more work to her station. what is the fi
Nady [3600]

Clarifying the assignment would be the initial action John should undertake to expand Kerry's duties.

Explanation:

Option A: When new responsibilities are introduced, John must first clarify the nature of these tasks. This approach will help Kerry manage her work efficiently.

Option B: Although feedback is beneficial, it's not the initial step for adding responsibilities.

Option C: Informing others is John's duty, not Kerry's, thus, this option is not valid.

Option D: While accountability is essential, it comes at a later stage.

7 0
2 months ago
On March 1 a commodity's spot price is $60 and its August futures price is $59. On July 1 the spot price is $64 and the August f
Katen [3525]

Answer:

The answer is $59.50.

Explanation:

The calculations based on the scenario are as follows:

Profit on futures price = After futures price - before futures price

$63.50 - $59

= $4.50

Thus, the effective price that the company pays can be calculated using this formula:

Effective price paid = Spot price in July - Gain on futures price

= $64 - $4.50

= $59.50

6 0
2 months ago
XYZ Corp is doing a study of consumers' use of soap across the US. The questiuonnaire for the sttudy will include questions abou
Scilla [3833]

Answer:

This type of research can be best described as a non-experimental study.

Explanation:

Non-experimental research refers to situations where the researcher is unable to manipulate, regulate, or alter the subjects involved, relying instead on observation, interpretation, or interactions to draw conclusions. In such studies, the researcher typically depends on surveys, correlations, or case studies.

The external validity of non-experimental research is notably high as it is generally applicable to larger populations. An example of this is when XYZ Corp utilizes a survey for the study.

8 0
1 month ago
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