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almond37 [142]
3 years ago
12

if you deposit a check into your account and the teller tells you it is on hold for five days, can you still spend that money to

day or tomorrow
Business
2 answers:
Sidana [21]3 years ago
5 0

Well you will have to wait the five days since you can’t get money out of air but I’m not really sure
Blababa [14]3 years ago
3 0

Answer: No

Explanation: cuz u have to wait for it

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Finke Company's employees are paid each Friday for hours worked the previous week. At the end of the accounting period, Finke Co
kolezko [41]

Answer:

d. Claims exchange transaction

Explanation:

Claims exchange transaction -

It refers to any discrepancy in the claims , is referred to as claims exchange transaction .

In this case the claim of one reduces and others increases and hence the total claim remains constant .

Hence , from the given scenario of the question ,

The correct option is d. Claims exchange transaction .

6 0
3 years ago
During the current year, Orr Company incurred the following costs: Research and development services performed by Key Corp. for
LuckyWell [14K]

Answer:

$525,000

Explanation:

The amount to be recognized as research and development expense for the year includes  the cost of research and development services performed by Key Corp. for Orr, the cost incurred on testing of pre-production prototypes and models as well as the cost of testing in search for new products or process alternatives,

In other words, all costs incurred would be expensed since no of them met the capitalization criteria as per  generally acceptable accounting principles

4 0
3 years ago
Raven Company has a target of earning $71,200 pre-tax income. The contribution margin ratio is 16%. What amount of dollar sales
Jlenok [28]

Answer:

$685,000  

Explanation:

First and foremost, the formula for determining the contribution margin ratio can be used to determine the target dollars sales as shown below:

contribution margin ratio=contibution margin/sales revenue

contribution margin ratio=16%

contribution margin required=pretax income+fixed costs

contribution margin required=$71,200+$38,400=$109,600  

16%=$109,600/sales revenue

16%*sales revenue=$109,600

sales revenue=$109,600/16%

sales revenue=$685,000  

6 0
2 years ago
Started businesse with cash rs 5000 and bank balance rs 10000​
notka56 [123]

Answer:

maybe he earned 5000 more

Explanation:

5000+5000=10000

8 0
3 years ago
1. Bankruptcy law is primarily state law. a. True b. False 2. The government is given the power to establish bankruptcy laws in
exis [7]

Answer:

1. Bankruptcy law is primarily state law.   b. False

2. The <u>  </u><u>federal </u> government is given the power to establish bankruptcy laws in Article I, Section 8 of the <u> U.S constitution</u>. The purpose of bankruptcy law is to protect the <u> debtor </u> by giving him or her a fresh start and to ensure <u>equitable</u> treatment of the <u> </u><u>creditors</u>.

Fill in the blanks with words that would best complete the passage.

equitable federal debtor perfect state assets state constitutions creditors U.S. Constitution

3. Bankruptcy proceedings are held in <u> federal bankrupcy courts</u>.

4. Title <u> 11 </u>of the United States Code contains the Bankruptcy Code.

5. The Bankruptcy Code has several chapters. Chapter <u> 7  </u>provides for liquidation proceedings, Chapter <u> 11  </u>governs reorganizations, and Chapter    <u>13</u> provides for an adjustment of debts for individuals with regular income.

6. In order to obtain bankruptcy relief a debtor must be insolvent, or unable to pay his debts. b. False

7. Consumer-debtors are those whose debts result from the purchase of goods for <u> personal</u> use. The Bankruptcy Code<u> </u><u>requires</u>  that court clerks provide additional<u> information </u>to consumer-debtors when they file for bankruptcy.

8 0
3 years ago
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