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2 years ago

Why would you possibly not be able to use a check that you just deposited in a checking account?.

1 answer:

4 0

You possibly not be able to use a check that you just deposited in a checking account if the deposit has been overdraft.

A deposit is a money you placed into your financial institution account. You have to deposit money in a bank to create savings and earn interest on it. A demand deposit is made for a price range you could withdraw each time. A time deposit is long-term funding. A deposit can also be the collateral amount you pay whilst you take on a mortgage.

A deposit is a sum of money that is a part of the entire rate of something, and that you pay whilst you agree to shop for it.

An example of a deposit is the cash added to a savings account. An example of a deposit is the gold left in the backside gravel of the circulation. Deposit is described as to location, entrust, put, lay or set down for safekeeping or price. An example of a deposit is someone setting cash in their bank account.

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A defensive stock:

____ [38]

C. Is the answer because the bussiness will not go down if it has an insurance company that will serve as a defense

4 0

3 years ago

Assume that an investor owns 30% of an investee, and accounts for its investment using the equity method. At the beginning of th

Vladimir [108]

Assume that an investor owns 30% of an investee, and accounts for its investment using the equity method. At the beginning of the year, the Equity Investment was reported on the investor's balance sheet at $300,000. During the year, the investee reported net income of $114,000 and paid dividends of $20,000 to the investor. In addition, the investor sold inventory to the investee, realizing a gross profit of $48,000 on the sale. At the end of the year, 20% of the inventory remained unsold by the investee.

6 0

2 years ago

Complete the sentences with the correct function of money. Norah walks into her favorite department store, Bullseye, to pick out

Illusion [34]

Answer: Unit of account

Store of value

Medium of exchange

Explanation: Money has three functions:

Unit of account

Store of value

Medium of exchange

Unit of Account- Money can be used as a measure in determining value of goods and services. Norah compared the price of the dress to determine the dress costs less.

Store of value- money retains it value over periods of time, therefore it can be used to store value. Norah is saving money in a piggy bank.

Medium of exchange - money is used to facilitate transactions: it can be used to exchange for goods and services. Norah exchanged money for a dress.

I hope my answer helps.

4 0

3 years ago

The Polishing Department of Major Company has the following production and manufacturing cost data for September. Materials are

juin [17]

Answer:

a. compute the equivalent units of production for materials and conversion costs

materials = 44,500

conversion costs = 40,000

b. compute the unit costs for materials and conversion costs for the month

materials = $4.40

conversion = $10.65

c. determine the costs to be assign to the units transferred out in the process

Cost of units transferred out in the process = $594,475

Explanation:

a. compute the equivalent units of production for materials and conversion costs

materials

Units Completed and Transferred to Finished Goods (100%×39,500) =39,500

Units in Closing Work In Process (100%×5,000) = 5,000

Total = 44,500

conversion costs

Units Completed and Transferred to Finished Goods (100%×39,500) =39,500

Units in Closing Work In Process (10%×5,000) =

500

Total = 40,000

Calculation of Units Completed and Transferred to Finished Goods

1,600+42,900-5,000 = 39,000

b. compute the unit costs for materials and conversion costs for the month

materials

Opening Work In Process Costs = $20,000

Add Costs Incurred during the Period = $175,800

Total = $195,800

Unit costs for materials = Total Costs / Equivalent units of production for materials

= $195,800 / 44,500

= $4.40

conversion

Opening Work In Process Costs = $43,180

Add Costs Incurred during the Period($125,680 + $257,140) = $382,820

Total = $426,000

Unit costs for conversion = Total Costs / Equivalent units of production for conversion

= $426,000 / 40,000

= $10.65

c. determine the costs to be assign to the units transferred out in the process

Total Unit Cost Calculation

Materials = $4.40

Conversion = $10.65

Total = $15.05

Cost of units transferred out in the process = 39,500 × $15.05

= $594,475

8 0

4 years ago

John blodgett is the managing partner of a business that has just finished building a 60 room mote boldgett aticipates that he w

VikaD [51]

Answer:

a. Price Blodgett should charge $45 (see below)

b. Markup percentage of the full cost of room night:

Markup = $15

Full Cost =$30

Therefore, percentage of markup to full cost = 15/30 * 100 = 50%

Explanation:

a) Costs Calculations:

Unit cost Total cost

Variable $5 $75,000 ($5 x 15,000)

Fixed Cost $25 $375,000 ($375,000/15,000)

Full Cost $30 $450,000 ($30 x 15,000, or $75,000 + $375,000)

Markup $15 $225,000 ($900,000 x 25% returns)

Price to charge $45 $675,000

6 0

3 years ago