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11111nata11111 [884]
3 years ago
12

Suppose your bank honors a check for which you don't have sufficient funds in your checking account. This action means that you'

ve arranged beforehand for a/an
A. installment loan.
B. mortgage loan.
C. personal loan.
D. overdraft loan
Business
1 answer:
BARSIC [14]3 years ago
5 0
D. OVERDRAFT LOAN.

An overdraft loan is an granted by the bank when the check you issued is not covered by the amount in your account. The bank will honor your check but you have to pay them the difference as well as the interest that accompanies the granting of the overdraft loan.

It is better to have this arrangement with your bank rather than have the bank not honor your check and return the check to the depositor with the reason insufficient funds. Accounts with more than three bouncing checks will automatically be closed by the bank.
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When managers are flexible, creative and willing to learn from mistakes, they are addressing which aspect of emerging public iss
defon

Managers are handling complexity when they are adaptable, imaginative, and prepared to learn from mistakes.

Describe complexity.

According to the scientific theory of complexity, certain systems exhibit behavioral traits that are utterly outside the scope of any traditional examination of the system's component pieces. These phenomena, also known as emergent behavior, appear to be present in a variety of complex living organism-based systems, such as the stock market and the human brain. For instance, according to complexity theorists, a stock market crash is an emergent result of the activities of several individual investors on a complex financial system, just as human awareness is an emergent characteristic of a complex network of neurons in the brain.

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6 0
2 years ago
What role did patents play in the work of inventors such as Thomas Edison? Patents protected inventors and let them profit from
umka21 [38]

<em>Patents protected inventors and let them profit from their inventions</em>

<em>~Luis~</em>

5 0
3 years ago
Place holders are...
Leokris [45]

place·hold·er

[ˈplāsˌhōldər]

NOUN

mathematics

a significant zero in the decimal representation of a number.

a symbol or piece of text used in a mathematical expression or in an instruction in a computer program to denote a missing quantity or operator.

linguistics

an element of a sentence that is required by syntactic constraints but carries little or no semantic information, for example the word it as a subject in it is a pity that she left, where the true subject is that she left.

3 0
4 years ago
Tree City reported a $1,500 net increase in fund balance for governmental funds for the current year. During the year, Tree purc
DIA [1.3K]

Answer

The correct answer is c. $ 7,500.

Explanation:

The reconciliation of the change in fund balance in governmental fund financial statements to the change in net position for governmental activities in the government-wide financials is computed using the GOES BARE mnemonic. The fact pattern only describes measurement focus (GOES) issues computed as follows:

G Change in Governmental Fund Balance     $ 1,500

O Other Financing Sources                                   0

E Expenditure - Capital Outlay                           9,000

(net of depreciation)                                         (3,000)

S Internal Service Fund Net Income                   0

Change in Net Position in government

-wide financial statements                               $ 7,500

5 0
3 years ago
David Rose Inc. forecasts a capital budget of $500,000 next year with forecasted net income of $400,000. The company wants to ma
spayn [35]

Answer:

If the company follows the residual dividend policy, it is $50,000 in dividends.

Explanation:

Dividend is calculated by using the formula:

Dividends = Net Income - Equity requirement

where, Equity requirement = Capital budget  (% Equity)

                                             = 500,000(70%)  = $350,000

∴ Dividends = 400,000 - 350,000

                    = <u>$50,000 </u>

7 0
3 years ago
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