All categories

3 years ago

Fees are never charged when depositing money into your checking account. True or False

2 answers:

6 0

Hi Brainiac! Thanks for asking a question here in the Business category. <span>
</span>
The answer to this statement would be false. Fees do end up being changed and differed when the money is deposited by the debit card.

Answer: False ✅

Hope that helps! ★ If you have further questions about this question or need more help, feel free to comment below or post another question and send the link to me. -UnicornFudge aka Nadia

Hatshy [7]3 years ago

5 0

False because sometimes banks throw in sneaky bank fees and also people may try to scam you. so false would be your best choice.

You might be interested in

If a firm has already paid an expense or is obligated to pay one in the future, regardless of whether a particular project is un

SSSSS [86.1K]

Answer:

sunk cost

Explanation:

Sunk cost -

It refers to the amount of money which is spend and can never be recovered back , is referred to as the sunk cost.

During the process of making any future decision , sunk money is never taken into consideration.

Hence, it differs from the future costs.

Therefore , from the scenario of the question,

The correct term is sunk cost.

3 0

3 years ago

Describe two factors that have led to the greater interconnectedness of countries.

fomenos

Answer:

1. Liberalization of foreign trade and foreign investment policies

2. Information technology

Explanation:

1. Liberalization of foreign trade and foreign investment policies. Trade liberalization means removing constraint or impediments to free flow of trade among countries in the world. It enables import and export to take place hence led to interconnectedness of countries.

Also, foreign companies are allowed and able to locate their business outlet in their host country. Due to foreign investment policies, there is fusion of market and production thus leading to interconnectedness of countries.

2. Information technology. Constant improvement in information technology has led to interconnectedness of countries. For instance, the use of internet(social media) comes at a lower cost hence messages can be sent from a remote area and goes viral around the world immediately it is sent.

Also telecommunication gadgets such as mobile phones, telegraphs, fax connects people and business across several race and continents.

7 0

3 years ago

Accrued sales salaries amount to $1,700. Prepaid selling expenses of $3,000 have expired. A physical count of year-end merchandi

Korolek [52]

Answer:

The answers are given below;

Explanation:

a. Adjusting Entries

Salaries Expense Dr.$1,700

Salaries Payable Cr.$1,700

Selling Expenses Dr.$3,000

Prepaid Selling Expenses Cr.$3,000

Inventory Dr.$28,700

Cost of Goods Sold Cr.$28,700

b. Income summary Account (1,700+3,000+28,700) Dr.$33,400

Salaries Expense Cr.$1,700

Selling Expense Cr.$3,000

Cost of Goods Sold Cr.$28,700

Capital Dr.$33,400

Income Summary Account Cr.$33,400

4 0

3 years ago

Read 2 more answers

Among the 1018 respondents, 128 said that rising gas prices are "not at all annoying." what percentage of respondents said that

uysha [10]

Answer: The percentage of respondents said that the gas prices are“Not at all annoying” are 12.57%

Explanation: There are 1018 respondents out of which 128 respondents said that the gas prices are “Not at all annoying”

$Percentage of the respondents are = Number of respondents who said gas prices are not annoying ÷ Total number of respondents *100$

Where, Number of respondents “Not at all annoying” = 128

Total Number of respondents = 1018

Percentage of the respondents = 128 ÷ 1018 * 100

Percentage of the respondents = 0.1257367 *100

Therefore, the percentage of respondents who said is not annoying is 12.57%.

7 0

3 years ago

Tower Corp. had the following stock outstanding and Retained Earnings at December 31, 2018: Common Stock (par $8; outstanding, 3

Illusion [34]

Answer:

common stock dividends 9,600 // 0.32 EPS

preferred stock dividends 4,800 //0.8 EPS

preferred stock dividends 14,400 // 2.4 EPS

common stock dividends 51,600 // 1.72 EPS

preferred stock dividends 14,400 // 2.4 EPS

Explanation:

preferred stock 6,000 shares x $10 each x 8% = 4,800

If noncumulative then:

14,400 - 4,800 = 9,600 for common stock

EPS:

4,800 / 6,000 = 0.8 PS

9,600 / 30,000 = 0.32 CS

if cumulative:

4,800 x 3 years (2016 // 2017 and the current year 2018) = 14,400

EPS

14,400 / 6,000 = 2.4 PS

if dividends are 66,000 rather than 14,400

66,000 - 14,400 = 51,600

EPs 51,600 / 30,000 = 1.72

4 0

3 years ago