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vfiekz
14 days ago
9

Bryan searched for a new bank prior to filling out his direct deposit form at his new employer. He noted that 2-4-7 Bank offered

higher interest rates on savings accounts and money market accounts; and it offered other amenities such as online banking and funds transfer that many traditional banks offer. What is the most logical reason that 2-4-7 Bank can compete for customers by offering higher interest rates?
Business
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Carol’s Clothiers, LLP, sells women’s business clothing designed by the world’s top designers. The company also sells clothing f
arsen [3447]

Answer:

Retained profits.

Explanation:

This typically happens when a business funds its operations through earnings generated from the sale of goods or services.

The income that Carol's Clothiers earns from the sales it conducts, referred to as retained earnings, acts as the main source of capital for expanding their operations.

Furthermore, as an LLP (limited liability partnership), where certain or all partners may have restricted responsibilities, they can utilize their retained earnings to provide dividends to shareholders or to repurchase shares.

7 0
3 months ago
David N. gets $3 per week as an allowance to spend any way he pleases. Because he likes only peanut butter and jelly sandwiches,
Nady [3600]

Response:

The answer to the question is provided below.

Analysis:

(a) What quantities of peanut butter and jelly will David purchase with his $3 weekly allowance?

It is stated that David prefers 2 ounces of peanut butter for each ounce of jelly, thus

2Pb = J, and the budget constraint can be expressed as 0.05Pb + 0.1J = 3.

Using substitution,

David will acquire Pb = 30 ounces, J = 15 ounces.

30(0.05) + 15(0.10) = 3

(b) If the cost of jelly rises to $0.15 per ounce, what quantities of each item would he purchase?

If pj = $0.15,

24(0.05) + 12(0.15) = 3

Using substitution, we find J = 12 ounces, Pb = 24 ounces.

4 0
2 months ago
Jean Michaud pays his two employees $900 and $1,200 per week. Assume a state unemployment tax rate of 5.7% and a federal unemplo
Katen [3525]
During the quarter, employee wages exempt from FUTA or SUTA hinges on 15 weeks of service. Employee 1 received wages computed as 15 weeks × $900 totaling $13,500, with exemptions totaling $6,500 after deducting the $7,000 threshold. Employee 2 accrued wages of 15 weeks × $1,200 amounting to $18,000, thus $11,000 exempt. With total payments of $13,500 and $18,000 across both employees, computations yield a collective taxable wage of $14,000 by deducting exemptions from gross wages. Consequently, SUTA and FUTA taxes at the end of the first and second quarters result in SUTA at 0.057 multiplied by $14,000 equating to $798 and FUTA at 0.008 multiplied by $14,000 amounts to $112.
4 0
2 months ago
Monica, a new student at Valley High School, becomes friends with a group of teenagers who use marijuana and remain seated durin
marusya05 [3725]
B. conformity Conformity refers to the psychological tendency for individuals to mimic the behaviors of those around them or within their social groups. Monica began to mirror her friends' actions. Labeling theory suggests that individuals may embrace the traits associated with the labels given to them, affecting their identities. Differential association theory posits that criminals learn their behaviors through interactions with others.
6 0
2 months ago
Steven lives in a big city where there is a shortage of parking. He has a parking spot in his driveway where he parks his car. W
Scilla [3833]

Answer:

The accurate choice is option C.

Explanation:

The opportunity cost tied to any economic choice represents the cost of relinquishing alternative options. We understand that resources are finite and can be allocated to different purposes, hence, using these resources for one matter necessitates a reduction in expenditure on alternatives.  

In this context, the parking space in the driveway could be utilized for personal purposes or rented out. The opportunity cost related to using that space for personal parking is the income that could have been achieved by renting it to others.

5 0
1 month ago
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