A checking account is the type of account option that is designed to house money for easy access, either by check or by debit card.
<h3>What is a
checking account?</h3>
It is also called a transaction account. It is a bank account that allows you to easily deposit & withdraw money for daily transactions. A checking account can also include depositing a check you receive, taking out cash with your debit card or setting up direct deposit for your paychecks.
Hence, the checking account is the type of account option that is designed to house money for easy access, either by check or by debit card.
Therefore, the Option B is correct.
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Answer:
the total trade receivable is $12,300
Explanation:
The computation of the total trade receivable is shown below:
= note due from customer + Due and unpaid from this month's sales + Due and unpaid from last month's sales
= $1,570 + $9,730 + $1,000
= $12,300
Hence, the total trade receivable is $12,300
The other items would not be considered as it is not a trade receivables
Answer:
$6.48
Explanation:
A pack of six costs $ 1.50
A pack of 24 will cost $(1.50 x 4)= $ 6
8% tax will be: 8/100 x 6= .08x6= 0.48
Total = $6+$ 0.48 = $6.48
Answer:
1. D
2. A
3. C
4. B
Explanation:
Price can be defined as the amount of money that is required to be paid by a buyer (customer) to a seller (producer) in order to acquire goods and services.
In sales and marketing, pricing of products is considered to be an essential element of a business firm's marketing mix because place, promotion and product largely depends on it.
In Accounting, costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.
The various types of cost variance components and their definition includes the following;
1. Standard price: the expected price
2. Actual quantity: the input used to manufacture the quantity of output
3. Actual price: the amount paid to acquire input
4. Standard quantity: the expected input for the quantity of output
Answer:
(1.32%)
Explanation:
The computation of the abnormal change in Ford’s stock price is shown below:
Given that
rF = 0.1% + 1.1rM
If the market index rises by 10.2%
So, now the equation is
= 0.1% + 1.1 × 10.2%
= 0.1% + 11.22%
= 11.32%
And, the stock price rises by 10%
So, now the abnormal change in Ford stock price is
= 10% - 11.32%
= (1.32%)
