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lbvjy [14]
3 years ago
7

What is an overdraft? A. Not making deposits frequently enough B. Making purchases at too many different retailers C. Going belo

w the minimum balance of your account D. Spending more money than you have in your account
Business
2 answers:
Darina [25.2K]3 years ago
6 0

Answer:

I think the answer is D...

Explanation:

D. Spending more money than you have in your account, hope this helped!

svp [43]3 years ago
5 0

Answer:

D. Spending more money than you have in your account

Explanation:

An overdraft occurs when money is withdrawn from a bank account and the available balance goes below zero. In this situation the account is said to be "overdrawn".

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4 years ago
Companies using target costing ________. start with an ideal selling price and then target costs that will ensure that the price
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8 0
3 years ago
Cameron has applied for a loan to expand his young business. When bankers look for evidence of whether he will be able to repay
Readme [11.4K]

Answer:

what Cameron's firm has done in the past.

Explanation:

Small businesses do request for loans in some cases when they aim at using borrowed funds as capital to become more profitable in their business. When such requests are made, the bank can decide to look at what has been done in the past by the firm to ascertain if they can be able to repay the loan. They usually look at the current and past loans (If any) and debts that have been incurred by the business. In some cases, they also examine the bank accounts the business won and their tax IDs, etc.  

3 0
3 years ago
What do you already know about different types of economic systems?
Elena L [17]

Explanation:

what do you Larry knok about

8 0
3 years ago
Lake Norman Company reported net income of $225,000 for the current year. Depreciation recorded on buildings and equipment amoun
Leokris [45]

Answer:

$314000

Explanation:

The preparation of the Cash Flows from Operating Activities - Indirect Method is shown below:

Cash flow from Operating activities - Indirect method

Net income $225,000

Add : Depreciation expense $75,000

Add: Decrease in Accounts Receivables  $10,000

Add: Decrease in  inventory    $10,000

Less: Decrease in Accounts Payable  - $6000

Net Cash flow from Operating activities $314,000

The minus sign reflects the outflow of cash while the positive sign reflects the inflow of cash and the same is shown above  

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3 years ago
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