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2 years ago

Your debit card is stolen, and you report it to your bank within two business days. How much money can you lose at most?

Business

2 answers:

AveGali [126]2 years ago

5 0

This depends on what the daily limit is for your card.

Usually the theft should be reported right away.

Flura [38]2 years ago

5 0

Before any unauthorized charges are made Your maximum loss is $0. Within 2 business days after you learn about the loss or theft Your maximum loss is $50. More than 2 business days after you learn about the loss or theft, but less than 60 calendar days after your statement is sent to you your maximum loss is $500. So your answer is C. $50

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The Closed Fund is a closed-end investment company with a portfolio currently worth $200 million. It has liabilities of $3 milli

iragen [17]

Answer:

$39.40

Explanation:

According to the situation, the solution is as follows

The Net asset value of the fund is

= (Current worth of portfolio - liabilities) ÷ (outstanding shares)

= ($200 million - $3 million) ÷ (5 million shares)

= $39.40

Basically we applied the above formula in order to determine the net asset value of the fund.

8 0

3 years ago

On January 1, Kirk Corporation had total assets of $864,000. During the month, the following activities occurred: Kirk Corporati

Whitepunk [10]

Answer:

The amount of total assets of Kirk Corporation at the end of the month is $ 871,400

Explanation:

Total assets at January 1 = $864,000

Equipment purchased = $ 7,400

Supplies purchased = $ 3,640

Cash paid for supplies = $ 3,640

Cost of land sold = $16,400

Cash received from Land sold = $16,400

Therefore total amount of cash out = $ 16,400 + $3,640 = $ $20,040

Total amount of cash in = $ 7,400 + $ 3,640 + $16,400 = $27,440

Amount of total assets at the end of the month = $864,000 + $27,440 - $20,040 = $ 871,400

4 0

3 years ago

Linda sells 100 bottles of homemade ketchup for $10 each. The cost of the ingredients, the bottles, and the labels was $700. In

snow_lady [41]

her profit is 1000 while her economy is 1400

3 0

2 years ago

Macee Department Store has three departments, and it conducts advertising campaigns that benefit all departments. Advertising co

Deffense [45]

Answer:

(i) $34,200

(ii) $55,860

(iii) $23,960

Explanation:

Total sales = $ 240,000 + $392,000 + $168,000

= $800,000

Department 1:

sales = $240,000

Percent of total = sales ÷ Total sales

= $240,000 ÷ $800,000

= 0.3

Allocated amount = % of total × advertising to allocate

= 0.3 × $114,000

= $34,200

Department 2:

sales = $392,000

Percent of total = sales ÷ Total sales

= $392,000 ÷ $800,000

= 0.49

Allocated amount = % of total × advertising to allocate

= 0.49 × $114,000

= $55,860

Department 3:

sales = $168,000

Percent of total = sales ÷ Total sales

= $168,000 ÷ $800,000

= 0.21

Allocated amount = % of total × advertising to allocate

= 0.21 × $114,000

= $23,940

3 0

3 years ago

A company would like to evaluate two incentive schemes that take effect once the worker exceeds standard performance. In the fir

Lerok [7]

Answer:

B) plan 1 : worker earning y = x - 0.14 , unit labor = $\frac{x-(0.14)}{x}$

plan 2 : worker earning y = 0.5x + 0.5, unit labor = (0.5x + 0.5) / x

C) At 128%

D ) plan D IS PREFERABLE

Explanation:

In the first case Benefits are split : 30% to worker , 70% to company ( up to 120% ) performance

In the second case benefits 50% go to the worker and 50% go the company

B) The equations for worker earnings and normalized unit labor costs for each scheme

Plan 1 :

y ( percentage earning of worker ) = 1

unit labor cost = Y / 1

y = 0 - 30

unit labor = 0.3 / x

y = x - 0.14 therefore unit labor = $\frac{x-(0.14)}{x}$

plan 2 :

y ( percentage earning of worker ) = 1, y = 0.5x + 0.5

unit labor cost : Y / 1 = (0.5x + 0.5) / x

C ) The point at which the two plans break even

0.5x + 0.5 = x - 0.14

0.5 + 0.14 = x - 0.5x

0.64 = x(1 - 0.5 )

x = 0.64 / 0.5 = 1.28 = 128%

D) The company would prefer plan 1

5 0

3 years ago