1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Snezhnost [94]
1 year ago
6

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;

brainly.com/question/25800832

#SPJ4

You might be interested in
Rey Company’s single product sells at a price of $225 per unit. Data for its single product for its first year of operations fol
hram777 [196]

Answer:

Part 1. Prepare an income statement for the year using absorption costing

Sales ($225×29,000)                                                                         6,525,000

<u>Less Cost of Sales</u>

Opening Stock                                                                         0

Add Cost of Manufactured Goods ($95.83×29,000)    2,842,000

Less Closing Stock                                                                   0        2,842,000

Gross Profit                                                                                          3,683,000

<u>Less Expenses</u>

Selling and Administrative Expenses:

Variable ($27×29,000)                                                                           783,000

Fixed 493,000                                                                                        218,000

Net Income                                                                                          2,682,000

Part 2. Prepare an income statement for the year using variable costing

Sales ($225×29,000)                                                                         6,525,000

<u>Less Cost of Sales</u>

Opening Stock                                                                         0

Add Cost of Manufactured Goods ($81.00×29,000)    2,349,000

Less Closing Stock                                                                   0        2,349,000

Contribution                                                                                         4,176,000

<u>Less Expenses</u>

Fixed Manufacturing Costs                                                                    493,000

Selling and Administrative Expenses:

Variable ($27×29,000)                                                                           783,000

Fixed 493,000                                                                                         218,000

Net Income                                                                                          2,682,000

Explanation:

Part 1. Prepare an income statement for the year using absorption costing

Absorption Costing, also known as Full Costing includes Fixed Manufacturing as part of Product Cost.

All Non - Manufacturing Costs are then Presented as Period Costs

Product Cost Per Unit:

Direct materials                                    29.00

Direct labor                                           37.00

Variable overhead                                15.00

Fixed Overhead 430000/29000        14.83

Total Product Cost                               95.83

Part 2. Prepare an income statement for the year using variable costing

Variable Costing, also known as Marginal Costing only includes Variable Manufacturing Costs as part of Product Costs

Fixed Manufacturing and All Non - Manufacturing Costs are then Presented as Period Costs.

Product Cost Per Unit:

Direct materials                                    29.00

Direct labor                                           37.00

Variable overhead                                15.00

Total Product Cost                                81.00

5 0
3 years ago
Read 2 more answers
Martin Enterprises needs someone to supply it with 120,000 cartons of machine screws per year to support its manufacturing needs
ANEK [815]

Answer:

The Bid Price you should submit is $15.45

Explanation:

NPV = -795000 + 143000*(1-21%)/1.09^5-70000 + 70000/1.09^5 + ((120000*(P-10.15) - 435000 - 795000/5)*(1-21%) + 795000/5)/0.09*(1-1/1.09^5)

        => -795000 + 143000*(1-21%)/1.09^5 - 70000 + 70000/1.09^5 +((120000*(P-10.15) - 435000 - 795000/5)*(1-21%) + 795000/5)/0.09*(1-1/1.09^5) >=0

      =>P = 15.446118865171

Therefore, The Bid Price you should submit is $15.45

6 0
3 years ago
Aaron purchased footballs from Matthew for $370. Matthew had purchased the footballs from Tom by providing Tom with a bad check.
LenaWriter [7]

Answer:

The principle in Law 'Nemo dat quod non habet' states that an individual connot give what he does not have

Indeed Tom can rescind the contract with Matthew as he possesses voidable title to the balls

Explanation:

Until consideration has moved from Matthew to Tom the validity of the agreement/Contract remains inconclusive.

Considering his Account is not funded means he has no valid title to the Balls, he is merely in possession of the Balls but not the Owner.

Tom can sue demanding a return of the Balls irrespective of Matthew having sold them to Aaron.

Another illustration could be given of a thief who sells off a property. Inspite of the Buyer being unaware, because the thief has a voidable title it makes the transaction invalid.

8 0
3 years ago
In what positive and negative ways has the Internet changed the conduct and coordination of global business?
Whitepunk [10]

Answer: Positive ways; Barriers in connecting is slightly no more, Negative ways; Increase in fraud and cyber theft

Explanation:

The internet has changed the conduct and cordination of global business in many ways both positively and negatively. Considering the positive ways

Positive Ways: Barriers in connecting is slightly no more: connecting to one another has been made easy to do business recently, people in continents can carry out a transaction and a trade under minutes of interaction and get the goods and services exchanged among each other immediately.

Negative ways; Increase in fraud and cyber theft; despite the swift nature of doing business now, it has also Increased fraud as some people disguise themselves to be traders and businessmen just to collect people's money.

7 0
3 years ago
Google: How to be successful?
scZoUnD [109]
Learn from your mistakes
5 0
3 years ago
Other questions:
  • Statement on Standards for Tax Services No. 1 establishes as a basic principle of providing tax services that the CPA:a. Must ha
    7·1 answer
  • With higher interest rates, can a bank borrow more or less money ​
    15·1 answer
  • John is an investor who is looking at two opportunities. One has higher risk than the other. John is willing to invest in the hi
    10·1 answer
  • Smith Company manufactures washing machines in their own facility. They sell them to stores like Best Buy and Lowes for ultimate
    7·1 answer
  • Jimmy Company uses the weighted-average method in its process costing system. The ending work in process inventory consists of 9
    10·1 answer
  • A $200,000 4 year bond was issued for $210,000. The semi-annual amortization of the bond premium using the straight-line method
    13·1 answer
  • 25-6. Which of the following is a fundamental distinguishing feature of individual income taxes compared with payroll taxes? a.
    7·1 answer
  • 1<br> Which one of the following does not vary with output in the short-run?<br> А<br> Total revenue<br> B<br> Total costs<br> с
    7·2 answers
  • On April 1, Quality Corporation, a U.S. company, expects to sell merchandise to a French customer in three months, denominating
    13·1 answer
  • Please help I'll give brainliest
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!