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Serggg [28]
1 year ago
15

pippi, the manager of quik mart, deposits the store's receipts in its account at regional bank. as to the receipts, the relation

ship between quik mart and the bank is
Business
1 answer:
Olin [163]1 year ago
5 0

As to the receipts, the relationship between Quik mart and the bank is Creditor and Debtor.

<h3>Who is a Creditor and Debtor?</h3>

Any individual or organization that owes money to another is said to be a debtor . The debtor often has to pay both the principle and interest on the loan.

Creditors are people or organizations that lent money to another firm and are now owed money. An organization or individual that loans money or offers credit to some other party is known as a creditor.

Debtors are individuals or businesses who owe you money. They are also referred to as "accounts receivable" by you.

To learn more about Creditor

brainly.com/question/22912208

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What vision do you have for your own future?
kondor19780726 [428]

     No one can write down a vision for your future, its your vision and future.

4 0
3 years ago
Which of the following is deductible as interest on Schedule A? a.Interest on a loan for a 90-foot yacht (a qualified residence)
vodomira [7]

Answer:

Correct option is A.

<u>Interest on a loan for a 90-foot yacht (a qualified residence) with a kitchen, 3 baths and 5 bedrooms</u>

Explanation:

Assesses are permitted a conclusion for unmistakable intrigue paid or collected during the expense year. Sum and sort of derivation is reliant intentionally for which cash is obtained. Enthusiasm on credit for lease, business and eminence exercises is deducted for balanced gross pay. Enthusiasm on credit if there should be an occurrence of individual utilise like speculation intrigue, qualified home intrigue, contract intrigue prepayment punishments, intrigue identified with aloof action. Enthusiasm on credit used for buying resources producing charge excluded salary isn't deductible.

 

Following interest is not deductible as an itemised deduction:

1. Credit investigation fees

2. Service charges

3. Premium on convertible bonds

4. Interest paid to carry single premium life insurance  

5 0
3 years ago
Katherine mailed Paul an offer with definite and certain terms and that was legal in all respects stating that it was good for10
jok3333 [9.3K]

Answer:

The correct answer is : Yes, the offer was revoked by Katherine.

Explanation:

Even if Paul replied Katherine with the acceptance to the first offer, he used a different means of communication to do that -<em>e-mail v. mail</em>. In addition, Katherine sent the revoke by mail -<em>as in the initial offer</em>- before Paul sent his e-mail. So, there is enough proof on Katherine's end that she didn't want to proceed with the offer before Paul confirmed his agreement on the terms. In that sense, Katherine did revoke the initial order.

5 0
3 years ago
A Treasury bill with 119 days to maturity is quoted at 97.630. What are the bank discount yield, the bond equivalent yield, and
Dovator [93]

Answer:

discount yield=7.17%

bond equivalent yield=7.34%

effective annual yield =7.64%

Explanation:

Discount yield =discount /face value*360/t

where t is the number of days to maturity

discount =face value -issue price

discount=100-97.63

discount=2.37

discount yield =2.37/100*360/119

discount yield=7.17%

bond equivalent yield=(1+periodic yield)^360/t-1

periodic yield =discount/face value=2.37/100=2.37%

bond equivalent yield =(1+2.37%)^(360/119)-1

bond equivalent yield=7.34%

effective annual yield=(1+HPY)^365/t-1

Holding period yield (HPY)=discount/price=2.37/97.63

HPY=2.43%

effective annual yield=(1+2.43%)^(365/119)-1

effective annual yield =7.64%

6 0
3 years ago
Lisa is choosing between three alternatives:
Y_Kistochka [10]

Opportunity cost is something you gave up to do the other thing you want to do. This is basically the loss of potential gain you can have on a certain alternative because of choosing the other alternative. In this problem, the opportunity cost of writing the term paper is $140 dollars. This can be break-down as follows: 

a. $60 opportunity cost<span> she has given up for not</span> working<span> on her job</span> 

<span>b. $80 opportunity cost she has given up for not going out with a friend</span>

7 0
3 years ago
Read 2 more answers
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