On January 8th the account was charged $30.00 for an overdraft fee because It was time to pay the monthly account maintenance charge.
<h3>Why bank charges an overdraft fee?</h3>
When a bank's customer don't have enough money to cover a purchase made using a debit card or a cheque, then the bank will charge the overdraft fee. Rather of denying a charge, the bank will pay it and charge a fee.
In the given case, because it was time to pay the monthly account maintenance charge, the account was charged $30.00 for an overdraft fee on January 8th.
Therefore, bank charged overdraft fee as the date of payment comes.
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Answer:
$130,500
Explanation:
Given that,
service revenue = $720,000
Total cost (fixed and variable) per client = $2,500
Served = 115 clients during the year
operating expenses = $302,000
Gross profit:
= Service revenue - Total cost
= $720,000 - ($2,500 × 115)
= $720,000 - $287,500
= $432,500
Net income = Gross profit - operating expenses
= $432,500 - $302,000
= $130,500
Answer:
$32,550
Explanation:
LIFO means last in first out. It means that it is the last purchased inventories are the first to be sold.
Total inventory = 2,300 + 2,400 = 4,700
Ending inventory = 4700 - 2600 = 2,100
The ending inventory would be the first purchased inventory
Ending inventory = 2100 x $15.50 = $32,550
I hope my answer helps you
Answer:
The powers that belong to the federal government are:
1) creating post offices
4) printing money
5) creating a U.S. army
6) making treaties with foreign countries
Explanation:
The federal government and states in the United States have some concurrent powers (including regulating elections, taxation, borrowing money, establishing courts, and regulating commercial activities). There are exclusive powers, which the U.S. Constitution empowered the federal government through Congress to manage. Generally, state governments have the power to regulate all matters within their state boundaries. However, the limitation comes when the states make laws that conflict with the laws of the federal government.
Answer:
C. intangibility
Explanation:
Intangibility -
It refers to a non - tangible thing , i.e. , incapable of touching as it could be a immaterial object .
Or something that is not clear ,
Hence , from the question ,
The brochure given by the spa , consists on many pictures that give people a better idea and make a wise decision to whether or not visit the spa or not .
