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algol [13]
2 years ago
13

What is the preferred style of check to provide to employees on payday

Business
1 answer:
irina [24]2 years ago
4 0

We can actually deduce here that the preferred style of check to provide to employees on payday is: direct deposit.

<h3>Who is an employee?</h3>

An employee refers to an individual who is employed or hired by an organisation or a firm to carry out a particular job description and afterwards compensated via wages or salaries.

We can see that many employees prefer that on payday that their employers send their monies via direct deposit.

Learn more about employee on brainly.com/question/3700565

#SPJ11

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You have decided to buy a used car. The dealer has offered you two options: (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use
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Answer:

$17,167

Explanation:

<em>The first step is to calculate amount of cash that would be charged</em>

<em>For 30 months, pay $520 per month for 30 months and an additional $10,000 at the end of 30 months.</em>

Present value is = 2,221

<em>Then</em>

<em>The present value of the payment options is =</em>

<em>($520 * PVA (24% 12,30) + $10,000 PV ( 24% 12,30))</em>

<em>$520 * 22.396 + $10,000 * 0.5521</em>

<em>$11646 + $ 5521</em>

<em>$17,167</em>

<em>Therefore the amount of cash the car dealer would charge is $17,167</em>

7 0
3 years ago
During the first year of operations, a company sold $113,000 of goods to customers and received $96,500 in cash from customers.
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Answer:

Net Income for the year is $41700

Explanation:

The accounting basis that is generally followed by the businesses is the accrual basis of accounting. The accrual principle states that incomes and expenses should be recorded and recognized in the period to which they relate to rather than in the period where cash is received or paid.

This means that we will record income and expenses related to this year in this year's profit calculation even when we have not received or paid cash for such incomes and expenses.

Thus, net income for this year will be calculated as,

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Net income = 113000 - 71300    

Net Income = $41700

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A customer buys a municipal bond in the secondary market at 96 that has 4 years to maturity. Two years later, the customer sells
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the correct answer will there in the book left page

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