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Free_Kalibri [48]
1 year ago
14

- Why do so many people still sign up for overdraft protection when it is not always ?

Business
1 answer:
KengaRu [80]1 year ago
8 0

Answer:

This protection usually covers checks, ATM transactions, and debit card transactions. Overdraft protection may make more financial sense, will result in the recipient not knowing your low bank balance, and ensures emergency transactions process.

Explanation:

You might be interested in
"Roper Spring Water" is considering a new bottling line that costs $230,000, last 4 years, and yields cost savings of $55,000 in
Tcecarenko [31]

Answer:

Roper Spring Water should not buy the machine, since it produces a negative net present.

Explanation:

Summary of Cash Flows on the Machine are as follows :

Year 0 = ($230,000)

Year 1  = $55,000

Year 2 = $65,000

Year 3 = $75,000

Year 4 = $75,000

Interest rate = 7%

Using the CFj Function of the Financial calculator this will be computed as :

($230,000)  CF j 0

$55,000      CF j 1

$65,000      CF j 2

$75,000      CF j 3

$75,000      CF j 4

i/yr  = 7%

Therefore Net Present Value is - $3,385.13

Since this is a negative Net Present Value, Roper Spring Water should not buy the machine.

8 0
2 years ago
The production possibility frontier is used to illustrate the concept of A) the laissez-faire economy. B) opportunity costs. C)
julia-pushkina [17]

Answer:

B) opportunity costs.

Explanation:

The production possibility frontier is used to illustrate the concept of <u>opportunity costs</u>. The production possibility frontier shows the combination of goods which can be produced by making use of all the available resources in an economy. In order to produce an extra unit of one good, some amount of other good has to be sacrificed. This is known as opportunity cost.

6 0
3 years ago
In which situation may completion of an approved refresher course or 120 hours of continuing education most likely be required
mel-nik [20]

A practicing nurse who allowed her license to lapse about 7 years ago because of family raising may be required to complete an approved refresher course or 120 hours of continuing education.

A nurse can opt to let their medical license lapse if they want to raise a family since they need to give a full attention.

  • However, the nurse can obtain new license by completing an approved refresher course or 120 hours of continuing education.

Read more about this here

<em>brainly.com/question/4666914</em>

6 0
2 years ago
The operations of Smits Corporation are divided into the Child Division and the Jackson Division. Projections for the next year
dybincka [34]

Answer:

Operating income for the Smith's corporation as a whole if the Jackson's division were dropped is $22,500

Explanation:

The operations of Smith's Corporation are divided into the Child Division and the Jackson Division. Projections for the next year are as follows:

                                     Child  Division   Jackson  Division     Total

Sales revenue                 $250,000           $180,000      $430,000

Variable expenses              90,000              100,000         190,000

Contribution margin         $160,000             $80,000      $240,000

Direct fixed expenses          75,000               62,500          137,500

Segment margin                 $85,000             $17,500        $102,500

Allocated common costs      35,000               27,500           62,500

Total relevant benefit         $50,000            $(10,000)         $40,000

Operating income for the Smith's corporation as a whole if the Jackson's division were dropped

                                     Child  Division    

Sales revenue                 $250,000        

Variable expenses              90,000              

Contribution margin         $160,000            

Direct fixed expenses          75,000              

Segment margin                 $85,000              

Allocated common costs      62,500                

Total relevant benefit         $22,500            

Note that common fixed costs will be borne by the child division alone when the Jackson division is closed which is the entire 62,500 is deducted from the sales margin of child division before arriving at profit

3 0
3 years ago
Al files for bankruptcy. Al has been making loan payments to his company's credit union through payroll deductions. After being
kramer

Answer:

A. Is in violation of the bankruptcy code.

7 0
3 years ago
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