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1 year ago

The micr numbers are numbers and symbols and contain the nine-digit ____ number.

Business

1 answer:

Alinara [238K]1 year ago

8 0

The MICR numbers are numbers and symbols and contain the nine-digit Routing number.

Attorneys can receive checks on behalf of their clients, but they have no personal claim on the transaction. special recognition. The payee of the check transfers the check to someone else (aka third party guarantee)

Transferable means that it can be transferred or exchanged. Checks are subject to the term "Pay to the Order of" to make the check negotiable.

This is known as a "bounce check". The check cannot be processed due to no or insufficient funds (NSF) in the account and will be returned (the two terms are interchangeable). If the check is bounced, the payer will normally be penalized. In some cases, the recipient will also be charged a fee.

Learn more about Routing here;

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Which of the following focuses on the ability of a company to earn profits? Select one: a. The inventory turnover b. The quick r

Ahat [919]

Answer:

c. The return on total assets

Explanation:

The inventory turnover deals with the turnover of inventory during the period i.e in how many times the inventory is sold or rejected or replaced, etc

The quick ratio checks the liquidity position of the company

The return on total assets refers to the profit gains on the total assets average

And, the fixed charge coverage ratio shows the payment of its all debts with the available earnings

So for earning profits, the return on total assets is a better option

4 0

3 years ago

Demands differ from wants because:______.

elena55 [62]

Answer:

The correct answer is:

demands reflect a decision about which wants to satisfy and a plan to buy the good, while wants are unlimited and involve no specific plan to acquire the good. (d)

Explanation:

Let me first try to define what demand and want are:

want: want is a desire for a product or service. It is said that wants are unlimited, however, the resources to actualize such wants are in a limited supply.

Demand: Demand is the quantity of good or service that a person is willing and able to pay for because of the availability of resources to do so, at a given price and time.

For a clearer understanding, demand can be seen as a subset of want that a consumer takes a further step to acquire, not just desire. There is a specific plan to acquire such wants.

5 0

2 years ago

Consider the following information for three stocks, A, B, and C. The stocks' returns are positively but not perfectly positivel

rjkz [21]

Answer:

The answer is letter D.

Explanation:

The correct statement is Portfolio ABC's expected return is 10.66667%

5 0

3 years ago

Kunkel Company makes two products and uses a conventional costing system in which a single plantwide predetermined overhead rate

g100num [7]

Answer:

Part 1

Computation of the unit product costs for the two products

Mercon Wurcon

Direct materials cost per unit $ 10.00 $ 8.00

Direct labor cost per unit $ 3.00 $ 3.75

Overheads $5.60 $7.00

Unit product cost $18.60 $18.75

<u>Calculation of overhead rate</u>

M = 0.20 × 10,000 = 2,000

W = 0.25 × 40,000 = 10,000

Total hours = 12,000

Rate = $336,000 ÷ 12,000

= $28.00

Part 2

Overhead rate for direct labor-hours

Rate = $168,000 ÷ 12,000

= $14.00

Overhead rate for engineering design time

Rate = $168,000 ÷ 8,000

= $21.00

Computation of the unit product costs for the two products

Mercon Wurcon

Direct materials cost per unit $ 10.00 $ 8.00

Direct labor cost per unit $ 3.00 $ 3.75

Overheads - labor hrs $2.80 $3.50

Overheads - eng time $8.40 $2.10

Unit product cost $24.20 $17.35

6 0

3 years ago

Reasons why countries avoid specialization

Romashka [77]

Answer:

Countries specialize in order to increase their trade. Imagine a country that has specialized in rubber production and suddenly other more efficient synthetic products have replaced rubber. That means that the demand of rubber has fallen. This would create the country to face labor unemployment, lack of trade for rubber, a long period of stagnant growth indirectly effecting the economy adversely.

Therefore countries prefer to go along with trade and avoid specialization so as to avoid period of stagnant growth.

4 0

3 years ago