The American Tobacco Company, the Standard Oil Company, and the Steel Company founded by Andrew Carnegie and now known as U.S. Steel are the most well-known monopolies in the United States to date.
What Are the Most Famous Monopolies?The origin of monopolies in the United States can be traced back to colonial rulers who gave powerful corporations exclusive contracts to aid in the construction of the New World. The supply of the three organizations described above's respective commodities was under the sole control of each from the late 19th to the early 20th centuries. These corporations could essentially maintain high prices for cigarettes, oil, and steel in the absence of free-market competition.Some significant U.S. industries, like steel and oil, were entirely under the control of a single, sizable corporation until around 100 years ago.Major monopolies in the United States, such Standard Oil and American Tobacco, eventually split up when the Sherman Anti-Trust Act was passed in 1890.Previously seen as a monopoly, AT&T was compelled to split off the majority of its assets by the US government.Major assets that have been nationalized represent a type of limited monopoly that is still present throughout the world.Most of an industry's market share has been taken by near monopolies like De Beers, but not to the extent that they can be called monopolies.To Learn more About monopolies refer to:
https://brainly.com/question/13113415
#SPJ4
identify each CSTO from its description
Question 6 (10 points)
A company purchases $10,000 worth of equipment on account. What effe
this transaction have on the equity account?
Increases
Decreases
No Effect
Answer:
Equity is not changed by credit or purchases on account.
The correct is C. It has no effect
Explanation:
I am positive. Have a great day!
Impact of hiring based on experience rather than qualification
Answer: Those with experience rather than qualification will be able to complete work quickly and efficiently while being able to responsibly handle problems.
Explanation:
Of course those with qualification could work well, however experience usually creates a great gap in between those with and without experience.
If this answer is incorrect, simply correct it or mention that it is incorrect.
What are good ways to find a buyer's agent?
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
Find out more on manufacturing costs at https://brainly.com/question/24171150
#SPJ1
Which of the following best explains what a futures contract is?
a. a contract preventing the future sale or exchange of a particular good
b. a contract limiting the future liability of one set of partners if a business fails
c. a contract setting the price for the exchange of two foreign currencies
d. a contract setting the price and date for a commodity purchase
Answer:
d. a contract setting the price and date for a commodity purchase
I generally bounce back from tough conversations well, but occasionally find it difficult to be resilient. Agree or disagree
People can be tough sometimes. I generally bounce back from tough conversations well, but occasionally find it difficult to be resilient. I disagree.
What is Emotional resilience?This is known as the ability of a person to recover quickly from any kind of bad news or traumas as a result of illness or misfortune.
If a person can bounce back from tough conversations, it means they are strong and despite any point or issue thrown at them, they can withstand and be tough in that situation.
learn more about resilient from
https://brainly.com/question/911437
Job Search Challenge Card #1 Logic Puzzle
What is the function of the evaporator?
Answer:
The evaporation of water is a physical process by which water changes from a liquid state to a gaseous state or water vapor. This process takes place on the surface of the water from a certain temperature and until the space is saturated with steam.
Trying to figure out the most efficient way to perform a job is a goal of
An objective most efficient way to do a work is of management.
What is management?Management entails the coordination and governance of company operations, tasks, and resources to achieve a certain goal.
This frequently includes personnel supervision and training, oversight of key operations, and creating firm infrastructure to optimal for the future. A purpose of management is to determine the most efficient way to accomplish a job.
Therefore, it can be concluded that Management strives to find the most efficient approach to complete a task.
Learn more about management here:
https://brainly.com/question/14523862
#SPJ1
The Big Five Personality refers to the structures and propensities of people that explain their patterns of thought, emotion, and behavior. Although there are literally thousands of traits that can be used to describe an individual's personality, most traits reflect one of five broad dimensions or factors of personality: conscientiousness, agreeableness, neuroticism, openness to experience, and extraversion. It is especially useful for managers to understand the personality traits of their employees since these traits often have important implications for workplace attitudes and behaviors, such as performance and commitment. The following activity takes you through the thought process of a manager trying to hire a new sales associate based on personality assessments of the candidates. Imagine that you are a midlevel manager at a paper company and you are in the process of hiring a new sales associate. So far, you have scheduled interviews with three potential candidates. You just concluded your first interview and want to spend some time reflecting on the notes you took. In particular, you want to make sure that you have a solid grasp of each candidate's personality traits since you know how important that can be on the job. Read through the notes and classify them according to the Big Five Taxonomy of personality. Conscientiousness Agreeableness Neuroticism Took Initiative Openness to Experience Cold Hardworking Extraversion
Answer and Explanation:
Please find attachments
The big five taxonomy of personality refers to the "Big five" personality traits believed to be the traits on which many different personalities of people revolve. They include:extraversion, agreeableness, openness, conscientiousness, and neuroticism.
In the example above, based on the manager's interview with Cynthia. The manager can understand her personality by classifying using the big five personality traits based on information gathered from her and recommendations:
Cynthia took initiative: this falls under openness which are people who are creative and adventurous and like to learn new things
Cynthia could be hardworking: this falls under conscientiousness characterized by people who are generally organized and careful about things
Cynthia follows procedures: this falls under agreeableness which is the tendency to be trust and be cooperative
Cynthia seemed nervous: this falls under neuroticism which is the tendency for one to be emotionally unstable and usually have mood swings, anxiety or be sad
Cynthia was described as cold: this is also fall under neuroticism as Cynthia could be depressed
rong 200 từ hoặc ít hơn, hãy giải thích một trường hợp sử dụng phân tích lợi ích – chi phí để ra quyết định mà bạn quan sát được trong cuộc sống
say wHaT?! I don't know what that meanss
Using skills, tools, and techniques to help you accomplish goals within a certain amount of time is called:
A. a mental goal
B. a long-term goal
C. a short-term goal
D. time management
D. Time management refers to the process of using skills, tools, and techniques to help individuals or organizations accomplish their goals within a certain timeframe. It involves planning, organizing, prioritizing, and allocating time effectively and efficiently.
Time management is crucial for both personal and professional success. It enables individuals to make the most of their available time, increase productivity, and reduce stress. By setting specific goals and breaking them down into manageable tasks, individuals can create a roadmap for their actions.
Tools and techniques such as creating schedules, using calendars, setting deadlines, and employing productivity apps can further enhance time management efforts.
Effective time management involves analyzing priorities, eliminating time-wasting activities, delegating tasks when possible, and maintaining focus on the most important objectives. It requires self-discipline, effective decision-making, and the ability to adapt and adjust plans as needed.
By mastering time management skills, individuals can achieve their short-term and long-term goals efficiently while maintaining a healthy work-life balance. So, the correct option is D.
For more such questions on organizations
https://brainly.com/question/25922351
#SPJ11
Penny Cassidy is considering forming her own pool service and supply company, Penny’s Pool Service & Supply, Inc. (PPSS). She has decided to incorporate the business to limit her legal liability. She expects to invest $31,000 of her own savings and receive 2,000 shares of common stock. Her plan for the first year of operations forecasts the following amounts at December 31, the end of the current year: Cash in bank, $7,000; amounts due from customers for services rendered, $3,400; pool supplies inventory, $5,700; equipment, $29,100; amounts owed to Pool Corporation, Inc., a pool supply wholesaler, $4,600; note payable to the bank, $6,100. Penny forecasts first-year sales of $66,600, wages of $25,100, cost of supplies used $9,300, other administrative expenses of $5,600, and income tax expense of $5,100. She expects to pay herself a $18,000 dividend as the sole stockholder of the company.
If Penny’s estimates are correct, what would the following first-year financial statements look like for Penny’s Pool Service & Supply, Inc.?
The company's financial performance and position during the first full year of operations are summarized in the financial statements. Sales, costs, investments, liabilities, and stockholder equity all appear to reflect the estimates and facts given.
A shareholder of corporate stock is an individual or legal entity (such as another corporation, a body politic, a trust, or a partnership) that is registered by the corporation as the legal owner stockholder of shares of the share capital of a public or private corporation financial statements (also frequently referred to as a stockholder in the United States).
Members of a company are sometimes used to refer to stockholders.
Learn more about stockholder, from :
brainly.com/question/18523103
#SPJ1
Define the three main forms of legal ownership of a business
Answer:
Sole Proprietorship
Partnership
Corporation
Explanation:
Hope this helps! :D
Anna-Marie senses that one of her employees feels excluded from the rest of the group. She is surprised by this, as she believes she treats all employees fairly and equally and that the rest of her staff does as well. What action should Anna-Marie take next
The best action that Anna-Marie should take next is A- She should talk to the employee to understand their perspective.
Talking to the employee will reveal if they are out-group members and enable Anna-Marie to understand their views.
Who is an out-group member?An out-group member is an individual in an organization who does not identify themselves as part of the group or unit.
An out-group member does not pursue the same goals as other group members and most times feels excluded from the group.
Answer Options:A- She should talk to the employee to understand their perspective.
B- She should redistribute the company policy describing inclusion expectations.
C- No action is required; she is already acting ethically.
D- She should start documenting her efforts at inclusion.
Thus, the best action that Anna-Marie should take next is A- She should talk to the employee to understand their perspective.
Learn more about out-group members at https://brainly.com/question/7548841
what is a resume and why is it important to adopt a you attitude when preparing one?
Answer:
A resume is a form you fill out for your job, giving information on why you would be good at the job and important traits about you.
Choose the letter of the item that best completes
the statement or answers the question.
1. The main idea of this chapter is that (a) cities are not as nice to live
in as suburbs (b) the problems of cities cannot be solved
(c) cities face difficult problems (d) life in the suburbs is boring.
2.
Three out of every four Americans live in (a) rural areas
(b) metropolitan areas (c) cities (d) suburbs.
3.
The Atlanta Metropolitan Area consists of suburbs and a (a) mega-
lopolis (b) central city (c) region (d) state.
4. The Northeast Corridor is an example of (a) a megalopolis (b) a
central city (c) an interstate highway (d) a suburb.
5. Which statement is true of suburban areas today? (a) Suburban
residents depend upon the city for jobs, entertainment, and essen-
tial services. (b) Median family income is lower in the suburbs than
in cities. (c) More people are employed in manufacturing in the
suburbs than in the cities. (d) Minorities and the elderly tend to be
concentrated in the suburbs.
6. Which one of the following is an attempt to solve the problems of
the cities? (a) urban renewal (b) flight of businesses and the mid-
dle class to the suburbs (c) deterioration of city streets and public
buildings (d) increase in homelessness.
7. The decline of manufacturing industries and the increase in service
jobs in the cities have resulted in (a) fewer traffic problems in the
city (b) higher incomes for city workers (c) greater opportunities
for high school dropouts (d) a widening of the gap between rich and
poor in the cities.
8. Which one of the following is an argument in favor of urban re-
newal projects? (a) Rentals in renewal areas are very high. (b) Poor
people will be displaced and crowded into slums. (c) Businesses will
stay and the middle class will be brought back into the city.
(d) More city services will be required in renewed areas.
9. Which one of the following is an argument in favor of increased fed-
eral aid to cities? (a) Federal spending has not reduced the number
of high school dropouts. (b) The same urban problems often occur
in many areas of the nation. (c) The people in city and state govern-
ments have better understanding of problems than the people in
the federal government. (d) The federal government is already too
deeply in debt.
10. Which one of the following supports the view that local problems
do not begin or end in the local area? (a) Unemployment in the
cities increases when the national economy is doing poorly. (b) Federal aid to cities is not a new idea. (c) The federal government has the money, but the cities do not. (d) Urban renewal projects have always been successful.
The answers are:
Option COption bOption bOption AOption AOption AOption DOption COption bOption AAtlanta Metropolitan AreaThis is known to be the Region that are found in Georgia. It is known as Metro Atlanta, that was created by the United States Office of Management and Budget.
Note that Three out of every four Americans live in metropolitan areas and The Atlanta Metropolitan Area consists of suburbs and a megalopolis.
Learn more about Atlanta Metropolitan Area From
https://brainly.com/question/17608982
#SPJ1
Direct examples of the functions of a financial system include
(Select all that apply.) ?
1. a business owner accepting payments via PayPal
2. a bank hiring three new tellers when a new branch opens
3. ensuring that personal information entered electronically is safe
4. a financial institution extending a line of credit to a small business
9. Give four reasons why Omondi satisfy hunger for food before going entertainment (4mks) 10. Highlight four differences between goods and services (4mks) Services
The reason why Omondi will satisfy hungler for food before going to Chaka Ranch for entertainment includes:
Basic wants are essential for survival. Resources are limited. Hunger pangs can be distracting/It can interfere with his enjoyment of the entertainment.Why does Omondi satisfy his hunger?By eating first, he can fully focus on and enjoy the entertainment without feeling uncomfortable or distracted by hunger. The entertainment venues also offer expensive and unhealthy food options, which may not be suitable for Omondi's dietary preferences or budget.
By eating, he can avoid spending money on unnecessary food or consuming food that does not align with his dietary choices. Also, some entertainment venues may not offer food at all.
Read more about human needs
brainly.com/question/1759629
#SPJ1
The Perspective explains mental characteristics and traits that are shared by all or most humans.
Answer:
The perspective being referred to is likely the evolutionary perspective, which suggests that certain mental characteristics and traits are shared by all or most humans because they have evolved to be adaptive and enhance survival and reproductive success. These may include things like fear of dangerous animals, attraction to healthy mates, and language acquisition abilities.
Explanation:
Difference between administrative management theory and beuracratic management theory
Answer:
Difference between administrative theory and bureaucracy
Explanation:
The Scientific Theory is based on using data and human strengths to increase output, while the Bureaucratic management style focuses on hierarchies and tight job roles. Regardless of the organization, the goals remain the same across the board. Every organization strives to minimize costs, while maximizing output.
Wolfgang Kitchens has always used the FIFO inventory costing method for both financial reporting and tax purposes. At the beginning of 2024, Wolfgang decided to change to the LIFO method. Net income in 2024 was correctly stated as $90 million. If the company had used LIFO in 2023, its cost of goods sold would have been higher by $7 million that year. Company accountants are able to determine that the cumulative net income for all years prior to 2023 would have been lower by $23 million if LIFO had been used all along, but have insufficient information to determine specific effects of using LIFO in 2022. Last year, Wolfgang reported the following net income amounts in its comparative income statements:
If Wolfgang Kitchens has always used the FIFO inventory costing method for both financial reporting and tax purposes. the journal entry at the beginning of 2024to record the change in accounting principle is: Debit, Retained earnings $30 million, Credit Inventory $30 million.
How to prepare the journal entry?If cost of goods sold increase by $7 million that year in which the cumulative net income for all years have been lower by the amount of $23 million , The appropriate journal entry to record the transaction is :
Wolfgang Kitchens Journal entry
Debit Retained earnings $30 million
Credit Inventory $30 million
($23 million + $7 million)
( To record the change in accounting principle)
Therefore the journal entry is Debit Retained earnings $30 million, Credit Inventory $30 million.
Learn more about journal entry here:https://brainly.com/question/28390337
#SPJ1
The complete question is:
Wolfgang Kitchens has always used the FIFO inventory costing method for both financial reporting and tax purposes. At the beginning of 2024, Wolfgang decided to change to the LIFO method. Net income in 2024 was correctly stated as $90 million. If the company had used LIFO in 2023, its cost of goods sold would have been higher by $7 million that year. Company accountants are able to determine that the cumulative net income for all years prior to 2023 would have been lower by $23 million if LIFO had been used all along, but have insufficient information to determine specific effects of using LIFO in 2022. Last year, Wolfgang reported the following net income amounts in its comparative income statements:
($ in millions) 2021 2022 2023
Net income $90 $92 $94
Prepare the journal entry at the beginning of 2024to record the change in accounting principle. (Ignore income taxes.)
Gain sharing is an employee benefit that provides
Gainsharing empowers employees to select how to improve their individual and collective performance. It also broadens employees' attention beyond their personal interests.
Gainsharing a contract that defines the vendor's commitment to the client in terms of particular business advantages. A contract of this type also specifies the payment the client will make based on the vendor's performance in delivering specified business advantages. A profit-sharing plan not only inspires employees to give their best effort, but it also instils in them a sense of accomplishment at work. This has secondary benefits such as fewer staff attrition and, as a result, less time and money spent on training new employees.
To learn more about employees, click here.
https://brainly.com/question/18633637
#SPJ1
1. Some businesspeople believe that elimination agents and wholesalers reduce their operating expenses. Discuss the opportunity costs associated with eliminating intermediaries.
1. While eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.
Eliminating intermediaries such as elimination agents and wholesalers reduce operating expenses, but it also has associated opportunity costs that businesses need to consider. One of the primary costs is the loss of the expertise and value-added services that intermediaries offer to businesses and customers. Eliminating intermediaries may result in businesses taking on additional responsibilities and expenses such as marketing, distribution, and logistics.
This may result in the need for additional staff and resources to ensure that products reach customers on time. Furthermore, eliminating intermediaries may also result in reduced customer access to products, as intermediaries are often responsible for finding new markets and customer segments. In this case, businesses may need to invest additional resources to market and promote their products to reach new customers.
In conclusion, while eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.
For more such questions on opportunity costs
https://brainly.com/question/30191275
#SPJ8
what is the real name of rocky
What is Quantitative method
Answer:
Quantitative methods emphasize objective measurements and the statistical, mathematical, or numerical analysis of data collected through polls, questionnaires, and surveys, or by manipulating pre-existing statistical data using computational techniques.
Explanation:
Selected transactions completed by Equinox Products Inc. during the fiscal year ended December 31, 20Y8, were as follows:
Jan. 3 Issued 15,000 shares of $20 par common stock at $30, receiving cash.
Feb. 15 Issued 4,000 shares of $80 par preferred 5% stock at $100, receiving cash.
May 1 Issued $500,000 of 10-year, 5% bonds at 104, with interest payable semiannually.
16 Declared a quarterly dividend of $0.50 per share on common stock and $1.00 per share on preferred stock. On the date of record, 100,000 shares of common stock were outstanding, no treasury shares were held, and 20,000
shares of preferred stock were outstanding.
26 Paid the cash dividends declared on May 16.
Jun.
8 Purchased 8,000 shares of treasury common stock at $33 per share.
30 Declared a $1.00 quarterly cash dividend per share on preferred stock. On the date of record, 20,000 shares of preferred stock had been issued.
Jul.
11 Paid the cash dividends to the preferred stockholders.
Oct.
7 Sold, at $38 per share, 2,600 shares of treasury common stock purchased on Jun. 8.
31 Recorded the payment of semiannual interest on the bonds issued on May 1 and the amortization of the premium for six months. The amortization is determined using the straight-line method.
Required:
Journalize the selected transactions.
Answer:
Equinox Products Inc. during the fiscal year ended December 31, 20Y8
Journal Entries:
Jan 3.
Debit Cash Account $450,000
Credit Common Stock $300,000
Credit Additional Paid-in Capital: Common Stock $150,000
To record the issue of 15,000 shares of $20 par at $30 per share.
Feb. 15
Debit Cash Account $400,000
Credit Preferred 5% Stock $320,000
Credit Additional Paid-in Capital: Preferred Stock $80,000
To record the issue of 4,000 shares of $80 par at $100 per share.
May 1:
Debit Cash $520,000
Credit 5% 10-year Bonds $500,000
Credit Bond Premium $20,000
To record the issue of $500,000 at 104, with interest payable semiannually.
May 16:
Debit Dividends: Common Stock $50,000
Debit Dividends: Preferred Stock $20,000
Credit Dividends Payable $70,000
To record the declaration of a quarterly dividend of $0.50 per share on 100,000 common stock shares and $1.00 per share on 20,000 preferred stock shares.
May 26:
Debit Dividends Payable $70,000
Credit Cash Account $70,000
To record the payment of cash dividends.
Jun. 8:
Debit Treasury Stock $160,000
Debit Additional Paid-in Capital: Common Stock $104,000
To record the repurchase of shares at $33 per share.
June 30:
Debit Dividends: Preferred Stock $20,000
Credit Dividends Payable $20,000
To record the declaration of a quarterly dividend of $1.00 per share on 20,000 preferred stock shares.
Jul. 11:
Debit Dividends Payable $20,000
Credit Cash Account $20,000
To record the payment of cash dividends.
Oct. 7:
Debit Cash Account $98,800
Credit Treasury Common Stock $52,000
Credit Additional Paid-in Capital: Common Stock $46,800
To record the reissue of 2,600 shares of treasury common stock at $38.
Oct. 31:
Debit Bonds Interest $12,500
Credit Cash Account $12,500
To record the payment of semiannual interest on the bonds.
Debit Bond Premium $1,000
Credit Bond Premium Amortization $1,000
To record the amortization of the premium for six months using the straight-line method.
Explanation:
a) Common Stock issued at $30 with $20 par value means that the shares were issued at above par value. The difference is accounted for in a separate account called Additional Paid-in Capital. The same applies to the preferred stock issued at above par value.
b) The face value of the Bonds is $500,000 but issued at a premium. The total premium is $20,000 ($500,000 x 0.04).
c) Dividends on the Common Stock = $0.50 * 100,000 shares = $50,000. The preferred stock dividends = $1.00 * 20,000 = $20,000.
d) Treasury Stock represents the value of common stock repurchased or reissued from stockholders by the company. There are two methods to treat the above or below par value at which the shares are repurchased or issued. One method is the costing method where the above or below par value is not taken to a separate account, but everything is treated in the Treasury Stock account. The other method is the par value method. This treats the above or below par value in the Additional Paid-in Capital account. This is the method adopted here. Note that Treasury Stock is a contra account to the Common Stock.
e) Bond Premium Amortization (straight-line method) is calculated as follows: $20,000/10 *6/12 = $1,000 for six months. A Premium on Bonds arises when the bonds are trading at above the face value. The amortization of Bond Premium is the write-down of the excess premium paid or received over and above the face value of the Bond. In this case, we used the straight-line method.
Whats the difference between a debit card and a credit card ? ( PLEASE GIVE LARGE EXPLANATION )
Answer:
The main difference between a debit card and a credit card is that a debit card withdrawals money from your current account balance while a credit card allows you to borrow money that is to be paid back in the future. Immediate vs. Future Payment
Explanation:
Savings plans A and B have both durations of 5 calendar years.
Savings plan A pays 5.7% annual interest, paid at the end of each year.
Savings plan B pays 5.4% annual interest, paid on monthly basis (12 times a year).
Which savings plan is preferred?
Based solely on the interest earned, Savings Plan A would be preferred over Savings Plan B.
To determine which savings plan is preferred, we can compare the total interest earned under each plan over the 5-year duration.
For Savings Plan A, the annual interest rate is 5.7%, and the interest is paid at the end of each year. Therefore, the total interest earned can be calculated using the simple interest formula: Principal x Rate x Time. Assuming a principal of $1,000, the total interest earned would be $1,000 x 0.057 x 5 = $285.
For Savings Plan B, the annual interest rate is 5.4%, and the interest is paid on a monthly basis (12 times a year). This means that the interest is compounded monthly.
Using the compound interest formula: A = P(1 + r/n)^(nt), where A is the final amount, P is the principal, r is the annual interest rate, n is the number of compounding periods per year, and t is the time in years, we can calculate the total interest earned. Assuming a principal of $1,000, the total interest earned would be $1,000 x [(1 + 0.054/12)^(12x5)] - $1,000 = $279.67.
Comparing the total interest earned, we can see that Savings Plan A yields a higher interest amount ($285) compared to Savings Plan B ($279.67).
For more such questions on interest visit:
https://brainly.com/question/30584212
#SPJ8