Business, 04.07.2019 15:00 trinity0929

Select the type of assessment that best fits the sentence. jeff wants to open a basic savings account. he should go to _(a financial services company, a commercial bank, an insurance company, a trust company)_ or _(a savings and loan association, an investment bank, a credit union, an asset management company)_ to open the account

Answers: 1

Show answers

Answers

Answer from: 22iungj

Jeff's financial needs are quite simple. He only wants to open a basic savings account. Let's look at the first three options:
a) Financial Services Company
b) Commercial Bank
c)Insurance Company
d) Trust Company

A Financial Services Company will often offer services such as financial advising and will even manage your funds for you, investing them based on your investment goals. This is a bit more than Jeff needs, and will likely involve heavier fees.
B) A commercial Bank exists for providing financial services to the general public, and includes a wide range of services from basic to more complex. This is the best institution for Jeff's savings account.
C) An insurance company likely will not offer the service Jeff needs.
D)Trust Company: A Trust Company takes charge of a set of assets, often an estate or large sum of money, due to a potential conflict of interest or a temporary period of uncertainty regarding who is entitled to the assets.

As for the second list:

Investment banks and asset management companies take a more active role in investing the funds. Typically there is a significant minimum investment, some higher fees, and more exposure to risk. These are not ideal options for Jeff's basic savings account.
A credit union offers savings account, and is a viable option for Jeff. However, the best option of this list is a savings and loan association, as they specialize in this service.

Answer from: Quest

1) the stages a new product goes through from beginning to end, i.e., the stages that a product passes through from introduction through growth, maturity, and decline. 2) the time from initial research and development to the time at which sales and support of the product to customers are withdrawn. 3) the period of time during which a product can be produced and marketed profitably.

hope it

Answer from: Quest

Acompany's market information will go best with the sentence

Another question on Business

Business, 22.06.2019 15:20

Garfield corporation is considering building a new plant in canada. it predicts sales at the new plant to be 50,000 units at $5.00/unit. below is a listing of estimated expenses. category total annual expenses % of annual expense that are fixed materials $50,000 10% labor $90,000 20% overhead $40,000 30% marketing/admin $20,000 50% a canadian firm was contracted to sell the product and will receive a commission of 10% of the sales price. no u.s. home office expenses will be allocated to the new facility. the contribution margin ratio for garfield corporation is

Answers: 2

Answer

Business, 22.06.2019 19:00

15. chef a insists that roux is the traditional thickener for bisque. chef b insists that it's rice. which chef is correct? a. neither chef is correct. b. both chefs are correct. c. chef b is correct. d. chef a is correct.

Answers: 1

Answer

Business, 22.06.2019 20:00

On january 1, year 1, purl corp. purchased as a long-term investment $500,000 face amount of shaw, inc.’s 8% bonds for $456,200. the bonds were purchased to yield 10% interest. the bonds mature on january 1, year 6, and pay interest annually on january 1. purl uses the effective interest method of amortization. what amount (rounded to nearest $100) should purl report on its december 31, year 2, balance sheet for these held-to-maturity bonds?

Answers: 1

Answer

Business, 22.06.2019 20:10

Russell's is considering purchasing $697,400 of equipment for a four-year project. the equipment falls in the five-year macrs class with annual percentages of .2, .32, .192, .1152, .1152, and .0576 for years 1 to 6, respectively. at the end of the project the equipment can be sold for an estimated $135,000. the required return is 13.2 percent and the tax rate is 23 percent. what is the amount of the aftertax salvage value of the equipment assuming no bonus depreciation is taken

Answers: 2

Answer

You know the right answer?

Select the type of assessment that best fits the sentence. jeff wants to open a basic savings accoun...

Questions