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3 years ago

What is a check endorsement?

2 answers:

7 0

Answer: Signature included on the front or back of a check acknowledging that both parties have agreed to exchange the specified amount on the document

Setler79 [48]3 years ago

6 0

Answer:Signature included on the front or back of a check acknowledging that both parties have agreed to exchange the specified amount on the document. The signature or account information included on the back of a check acknowledges that the intended recipient received the document and deposited it.

Explanation:Just searched it up from google but that's basically a check endorsement ^w^

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Fitz Company reports the following information.

Karolina [17]

Answer:

Net cash from operating activities is $527,000.

Explanation:

This can be prepared as follows:

Fitz Company

Statement of cash flows

(Operating activities section only)

For the year ended December 31.

Details $

Net income 412,000

Adjustment to reconcile net income:

Depreciation expense 50,000

Amortization expense 7,300

Gain on sale of plant assets (7,400)

(Increase) decrease in current assets:

Accounts receivable decrease 33,400

Inventory decrease 47,500

Prepaid expenses increase (6,200)

Increase (decrease) in current liabilities:

Accounts payable decrease (10,900)

Salaries payable increase 1,300

Net cash from operating activities  527,000 

3 0

3 years ago

If the net present value of a project is positive (non-zero), then the project's:________.a) PI will be less than 1. b) internal

Mariana [72]

Answer:

b) internal rate of return will exceed its required rate of return.

Explanation:

The internal rate of return is the discount rate at which the NPV = 0. If the NPV is positive when calculated using the project's discount rate, then the IRR is going to be higher than the discount rate.

Option A is wrong because the profitability index (PI) of a project is calculated by dividing the present value of its cash flows by its cost. If the NPV is positive, it means that the present value of its cash flows will be greater than the costs, so the pI will be more than 1.

Option C is wrong because if the costs exceed the benefits, then the NPV will be negative.

Option D is wrong because that would mean that the NPV is negative.

Option E is something made up that doesn't make any sense.

5 0

3 years ago

Crusoe Waterworks Company provides plumbing services. Transactions of Crusoe Waterworks during the first year of operations are

Tanya [424]

Answer:

$7,700

Explanation:

Equity of a company is Total Assets minus Total liabilities. Equity is the business worth for shareholders. For Crusoe Waterworks Company the equity will be the initial capital investment by Robin Crusoe plus any revenue received from the business operations.

The equity will be calculated by,

Equity = Capital Investment + Revenue - Expense

Equity = $5,000 + $3,400 - $700

5 0

3 years ago

Problem 13-46 (LO. 6) In 2018, Maria records self-employed earnings of $135,000. Using the format illustrated in the text, compu

kifflom [539]

Answer:

Payable tax 9.154, equal to the tax deduction 9,154

Explanation:

Net earnings from self-employment is $135.000

Multiply earnings by 92.3%

= 135.000 * 0.9235

= 124.672,5

If the amount after multiplication is in excess of $118.500, in such case the excess of amount over 118.500 should be multiplied by 2.9%

= 124.672,5 > 118.500

The difference between both amounts is 179.

Add: to the above amount tax on social security portion and medicare portion 15.3%$ on 118.500 which is the ceiling limit.

118.500 * 15.3%

=18.130.5 + 179

=18309.5

Therefore, the tax is 18309.5

Deduction of 50% on the tax can be claimed

Therefore, deduction is 9.154.

Thus, the tax payer can be benefited from the self-assessment tax deduction.

3 0

3 years ago

The sales representatives at AdVance have been told by the CEO that they need to start using social media every day to help them

damaskus [11]

Answer: D) Interact more actively with clients and potential clients on social media, but without pushing business.

Explanation:

The options given are:

A) Post statistics and benefits of AdVance fertilizers on their personal accounts.

B) Begin work accounts that are separate from their personal accounts, and focus on posting images sent from the marketing department.

C) Send private messages to all their personal friends on social media asking them to purchase AdVance fertilizer.

D) Interact more actively with clients and potential clients on social media, but without pushing business.

E) Post photos of their vacations and purchases to show that they are successful at AdVance.

Based on the scenario portrayed in the question, the best strategy for them to use to follow the CEO's request is for the sales representatives to interact more actively with clients and potential clients on social media, but without pushing business.

Social media is a platform for people to interact, discuss issues and pass messages across to each other. Hence,

through the interaction with clients, the sales representatives can discuss new products and ask about the well being of their customers and clients which will help in enhancing customer relationships.

Interaction with customers can also help in building loyal customers and having a long lasting relationship with them. Customers are vital for businesses and it's vital for companies to always protect and keep them.

3 0

3 years ago