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djyliett [7]
3 years ago
11

Which of the following is a benefit of doing business with an online bank? A. 24 hours/7 days a week business hours

Business
2 answers:
Ainat [17]3 years ago
5 0

Answer:

A. 24 hours/7 days a week business hours

Explanation:

Since it is an online bank, then it does not follow a regular bank's way of doing business. Their great advantage is low cost, low fare, and quick access.

Usually, the customer gets in touch via app, with a clean design, developed for the public in general. And their customers neither have personalized service nor higher loan rates and mostly, not many deposit location at disposal.

abruzzese [7]3 years ago
4 0
The correct answer is a
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Miller Corporation issued 6000 shares of its​ $5 par value common stock in payment for attorney services billed at​ $54,000. Mil
Deffense [45]

Answer:Share premium account of $24,000

The provider of attorney services of $30,000

Explanation:

On provision of services, the Attorney services expenses account is debited with $54,000 and the attorney services provider account credited with $54,000

Furthermore a share account is opened for the provider and credited with $30,000 , the share premium is credited $24,000 and a debit transfer is made to his liability account initially credited.

The $24,000 credit to share premium represents the difference between the nominal value of the share of $5 and the market value of $9 multiply by the 30,000 shares he was paid with.

Also a memorandum will be issued to state that 6000 share has been transferred from Miller to the attorney services provider and the shares will be delited from his name and entered in the name of the services provider because the credit of shares to his account does not represents new shares issued but it's the transfer of Miller's shares to him.

4 0
3 years ago
German companies do not recognize the profit until the project is completely finished and they have been paid. recognize profits
photoshop1234 [79]

Answer:

German companies do not recognize the profit <u>until the project is completely finished and they have been paid.</u>

Explanation:

German companies prepare their accounting balances under IFRS standards (common for all EU member countries) and German GAAP.

Under IFRS standards, revenue must be recognized when the business satisfies a performance obligation.

German GAAP is very prudent in determining profits, that is why they are only recognized once a project is completely finished and it has been completely paid.

Some specific German rules are to starting to change due to globalization, but others are still subject to legal requirements.

7 0
3 years ago
What does the word Psychology means ?
nevsk [136]
Psychology is the study of behavior and the minds functions.
5 0
3 years ago
Read 2 more answers
During the current year, merchandise is sold for $137,500 cash and $425,600 on account. the cost of the merchandise sold is $322
LenKa [72]

The gross sales margin equals 42.76%

The formula to calculate the Gross Sales Margin is (Revenue - Cost of Goods Sold) / Revenue

Revenue = $137,500 + $425,600 = $563,100

($563,100 - 322,325) / 563,100 =

240,775 / 563,100 = 42.76%

4 0
3 years ago
Vincent enjoys investing his money in ways that can generate a return. He realizes that also a chance that his investment will d
Aleksandr-060686 [28]
I Think The answer would be a or b
3 0
3 years ago
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