Do checks expire if they are not cashed?

1 answer:

6 0

Usually, checks that are more than six months old are considered "stale dated." Please also keep in mind that some business checks (such as payroll checks, government checks, etc.) have a specific expiration date listed on the check, which limits or extends the time period when the checks can be cashed or deposited.

You might be interested in

Wilfred Nadeau owns 300 shares of Consolidated Glue. The company's board of directors recently declared a cash dividend of 45 c

dedylja [7]

Answer:

a. Zero dividend.

b. 3.5 new shares;

texes will be paid.

Explanation:

a. March 20 is a date earlier than when the dividends are too be paid on April 18, and as such Wilfred Nadeau will not receive any dividend if he sells his stocks since he no longer has ownership of them.

b. 45 cents dividends per 300 stocks of Wilfred is $135 (reinvestment dividend plan).

With a discount of 3.4% at $39.8 (3.4%*39.8) current price per stock makes the total cost per stock after discount= $38.4.

Dividing the reinvestment dividend plan over the discounted price (135/38.4) = 3.5 new shares, According to the requirements of law the investor must still pay tax annually on his or her dividend income, whether it is received as cash or reinvested.

8 0

3 years ago

Which of these is an example of feedback? A. Asking your supervisor if you are doing something the right way B. Joining your cow

solong [7]

Which of these is an example of feedback? C. Asking your supervisor to repeat a set of instructions.

6 0

3 years ago

Which fact supports the idea that renting is a good

kipiarov [429]

The fact that support the idea that renting is a good is Landlords take care of most maintenance.

<h3>What is renting?</h3>

Renting refers to an agreement where a payment is made for the temporary use of a good, service or property owned by another.

It is obtaining a owner's property, in return for regular payments.

Hence, the fact that support the idea that renting is a good is Landlords take care of most maintenance.

Learn more about renting here : brainly.com/question/13393299

#SPJ1

3 0

2 years ago

What is opportunity cost

RideAnS [48]

the loss of potential gain from other alternatives when one alternative is chosen.

8 0

3 years ago

Read 2 more answers

Which of the following is true about the correlation between salary and job satisfaction? a. Financial perks and benefits always

Sindrei [870]

Can you dm me for the answer I’m not home rn I’m trying to help out a lot of people

4 0

3 years ago

Read 2 more answers