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amm1812
3 years ago
12

A type of check that has a bank's guarantee of payment is a

Business
2 answers:
ziro4ka [17]3 years ago
6 0
I think it's a cashier's check...(Don't mark my words)
tresset_1 [31]3 years ago
5 0

Answer:

cashier's check.

Explanation:

The check is a document through which a bank is requested to pay a certain amount of money.

The cashier's check is a payment order that the bank makes so that it is cashed right there, or where appropriate, so that its amount is deposited in the bank account that the beneficiary has in that institution.

  It represents one of the forms of payment that offers greater security for those who charge it, because it guarantees that there are always funds to collect it.

The bank as an institution to which the issuance or preparation of the check is requested. The bank has the obligation to issue a cashier's check for the amount that the interested party has requested and must pay it upon receipt.

   The user, or buyer of the check, is the person who pays the bank, or makes the deposit for the amount for which the check was drawn up. It is the person who goes to the bank counter to request the purchase of a cashier's check.

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TRUE or FALSE. There are two means for achieving financial goals—you either need to increase your savings or reduce spending.
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As the basis for everything about finnancial issues, the statement above is TRUE. These means are the basis to achieve your goals to save money and keep your budget safe. Hope this is good for you
3 0
3 years ago
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An emergency fund should NOT be used for...
nadya68 [22]

Answer:

An emergency fund should not be used for buying things you wan't, but an emergency fund should be used for buying the nessecities like things you need

Explanation:

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5 0
3 years ago
Determine the price in period 1 (the future) if 30 units of oil are consumed in period 0 (the present).
Dovator [93]

Answer:

$16.50

Explanation:

Note: The complete question is attached as picture below

We know that there is a total of 90 units of oil and 30 units is consumed in period 0.

So, in period 1, the consumption amount will be = 90-30=60 units.

So, Q1 = 192 - 8P

For 60 units, the price will be 60 = 192 - 8P

8P = 192 - 60

8P = 132

P = 132 / 8

P = 16.5

So, the price in period 1 is $16.50

8 0
3 years ago
Consider the following account balances (in thousands) for the Peterson Company.
stealth61 [152]

Answer:

<u>Cost Of Goods Manufactured                               $ 133,000</u>

Explanation:

Peterson Company

Schedule for the cost of goods manufactured

For 2017

Direct Materials  (opening Inventory)              21,000

Add Purchases                                                      74,000

<u>Less Ending Inventory                                     (23000)</u>

Materials available for Use                               72,000

Add Direct Labor                                               22,000

Factory Overhead

Indirect Manufacturing Labor     17,000

Plant Insurance                           7,000

Depreciation                               11,000

<u>Repairs                                         3000              38,000</u>

                                                                              132,000

Add Opening WIP                                                  26,000

<u>Less Closing WIP                                                    25,000</u>

<u>Cost Of Goods Manufactured                               $ 133,000</u>

7 0
3 years ago
Crane Company incurred the following costs for 88000 units: Variable costs $528000 Fixed costs 392000 Crane has received a speci
Anton [14]

Answer:

The minimum price is $6.8

Explanation:

Giving the following information:

Crane Company incurred the following costs for 88000 units: Variable costs $528000 Fixed costs 392000 Crane has received a special order from a foreign company for 3000 units. There is sufficient capacity to fill the order without jeopardizing regular sales. Filling the order will require spending an additional $2400 for shipping.

Because it is a special order and there is unused capacity, we will not have into account the fixed costs.

Unitary cost= (528,000/88,000) + (2,400/3,000)= $6.8 per unit

The minimum price is $6.8

7 0
4 years ago
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