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Ugo [173]
3 years ago
6

Why would a smart person keep at least $100 balance in their checking account at all times

Business
1 answer:
aliya0001 [1]3 years ago
4 0

One of the major reasons to keep at least $100 in your checking account is to actually cover for unexpected expenses, and also to avoid bank charges or fees for either an overdraft or a returned unpaid transactions.

It could also come handy if you get stuck somewhere, or if you need to take a taxi after having dinner with your new date, and your debit/credit card is on $0.00, this could save you the ultimate embarrassment by just transfering money from checking to your savings account.

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According to the multiple levels of analysis anchor:
nirvana33 [79]

ob topics typically relate to the individual, team and organizational levels of analysis.

7 0
2 years ago
How can professional education improve the life of people​
devlian [24]

The education or educational programs which helps us to get the required practical and theoretical knowledge is called professional education. If we are provided with professional education it helps us to improve the lifestyle of people. We get job according to our knowledge. Which means if we have got professional education it helps us to get better job which provides us with good amount of money. And if we provided with better money our standard of living becomes good.

3 0
2 years ago
A company that loans money to an organization is a(n):______.a. supplier.b. lender.c. shareholder.d. investor.
fomenos

Answer:

lender.

Explanation:

A lender is an individual or company that makes funds available another com[any. Lenders receive fixed payments based on a predetermined rate at an agreed time.

A shareholder is the owner of a company. A shareholder is a person who buys the stock of a publicly traded company

Supplier provides raw materials needed for production to a company

An investor can either be a lender or shareholder

6 0
3 years ago
Ballpark has shares of par common stock outstanding. Ballpark announces a stock split of for1. What is the effect of the​ split?
Harman [31]

Answer:

The answer is 'it increases the number of shares outstanding'

Explanation:

Stock split increases the number of shares outstanding. It causes dilution of earnings per share.

For example, ABC Inc. has 50,000 shares outstanding and it announces a stock split of 3-for- 1.

This means that any shareholder that has 1 will exchange that 1 share for 3 shares. So at the end of the stock split the total number of shares outstanding will be 150,000 shares (50,000 x 3)

6 0
3 years ago
On March 15, American Eagle declares a quarterly cash dividend of $0.075 per share payable on April 13 to all stockholders of re
slava [35]

Answer:

The Journal entries are as follows:

(i) On March 15,

Dividend [0.075×220,000,000] A/c    Dr. $16,500,000

To dividend payable                                                         $16,500,000

(To record the declaration of cash dividends)

(ii) On March 30,

No Journal entry required

(iii) On April 13,

Dividend payable A/c   Dr. $16,500,000

To cash                                                       $16,500,000

(To record the payment of cash dividends for its 220 million shares)

6 0
3 years ago
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