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andrey2020 [161]
1 year ago
15

Explain the difference between a checking and a savings account

Business
1 answer:
lianna [129]1 year ago
6 0

Answer: Heyaa! :)

  • <em>Saving Account</em>

→ income not spent, or deferred consumption. Methods of saving include putting money aside in

  • <em>Checking Account</em>

Offers easy access to your money for your daily needs ←

<em>The main difference between checking and savings accounts is that </em>checking accounts actually used on the daily <em>while</em> savings accounts are primarily for saving money.

Hopefully this helps <em>you !</em>

- Matthew ~~

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Crane Company has 900 shares of 4%, $100 par cumulative preferred stock outstanding at December 31, 2018. No dividends have been
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Answer:

c) $7200

Explanation:

Preference dividends have preference when it comes to payment of dividends.

This means that we pay the Preference Stock holders their dividend (which is fixed) and there after the remainder is paid up to the Common Stockholders

Preference dividend = 900 shares x $100 x 4 % =  $3600

When Preference Stock is Cumulative, it means that all previous dividends in arrears have to be paid up before any current year distributions are made.

<u>2018</u>

Cumulative Preference dividend = $3600 (2017) + $3600 (2018) = $7200

therefore,

Dividends in arrears at December 31, 2018 total $7200

8 0
3 years ago
Cathy's Coaster Company uses cork in all of the protective drink coasters that it manufactures. If Cathy's enters into an agreem
alexandr1967 [171]

Answer:

a requirements contract.

Explanation:

A requirements contract is made between a company and one of its suppliers or vendors. In that contract, the supplier or vendor agrees to supply a certain amount of goods or services that the company requires, in exchange the company will only purchase the goods or services from that specific supplier or vendor.

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3 years ago
Minimizing the use of energy and reducing emissions and waste are issues of importance to which stakeholder
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The answer is "environmental groups".


An environmental organization refers to an association which is leaving the preservation or ecological developments that looks to ensure, break down or screen the earth against abuse or debasement from human powers. In this sense the environment may allude to the biophysical condition, the common habitat or the constructed condition. The association might be a charity, a trust, a non-legislative association or an administration association. Environmental associations can be worldwide, national, provincial or nearby. 
7 0
3 years ago
The advantage of a limited partnership business structure as opposed to a corporate business structure is:
zysi [14]

Answer:

D. limited liability

Explanation:

In a limited liability partnership, each partner's risk of losing personal assets is limited to the share capital he has invested. The limited liability partner is not liable for other partners deeds and losses incurred due to their negligence. His liability is limited to the share capital / equity he has invested in the business.

5 0
2 years ago
Perhaps the most significant federal statute specifically addressing cyber crime is the:________.
frosja888 [35]

Answer:

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Explanation:

Computer Fraud and Abuse Act (CFAA) is a cyber security bill that was enacted in 1986 and is an amendment of of Comprehensive Crime Control Act of 1984.

The acts forbids a person to access a computer without proper authorisation or an excess of required authority.

Before this time cybercrime was prosecuted as mail and wire fraud. This was often inadequate.

Other provisions the act addresses are distribution of malicious code, denial of service attacks, and trafficking in passwords

3 0
2 years ago
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