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4 years ago

When would you use a checking account as opposed to a savings account?

Business

1 answer:

seraphim [82]4 years ago

5 0

Answer:

⚓

Explanation:

You would use a checking account when you just need quick money from when you are getting paid. You would use a savings account when you have little to no money and you absolutely can't think of another way to get money. Like if you have your own business and your parents are immigrants, and you need to save up money to get them to America. You can open up a savings account so every time you get paid you put a little bit into it.

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Zina [86]

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4 years ago

In your opinion, what is the most important factor affecting the demand for sports and entertainment commodities?

il63 [147K]

Answer:

Explanation:price of the commodity

price of related goods

income if the consumer

taste and preference

exceptation of change of price

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3 years ago

When a case is appealed, the court of appeals decides the case solely based upon?

finlep [7]

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4 years ago

1. When Heidi Ganahl talks with franchisees about performance expectations and measurements, what part of the management process

Vikki [24]

Answer and Explanation:

Heidi Ganahl is explaining the preparing aspect of the management process. The first management role is the planning component which is the management process.

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3 years ago

Crain Company has a manufacturing subsidiary in Singapore that produces high-end exercise equipment for U.S. consumers. The manu

Dovator [93]

Answer:

Crain Company's total taxes would decrease by $64,740

Explanation:

the income statement for the parent company:

total revenue $2,490,000

- COGS ($1,490,000)

- S&A costs ($390,000)

EBIT $610,000

- taxes ($201,300)

net income $408,700

the income statement for the subsidiary:

total revenue $3,490,000

- COGS ($2,490,000)

- S&A costs ($199,000)

EBIT $801,000

- taxes ($368,460)

net income $432,540

total taxes paid = $201,300 + $368,460 = $569,760

if the parent company increases the selling price by 20%

the income statement for the parent company:

total revenue $2,988,000

- COGS ($1,490,000)

- S&A costs ($390,000)

EBIT $1,108,000

- taxes ($365,640)

net income $742,360

the income statement for the subsidiary:

total revenue $3,490,000

- COGS ($2,988,000)

- S&A costs ($199,000)

EBIT $303,000

- taxes ($139,380)

net income $163,620

total taxes paid = $365,640 + $139,380 = $505,020

the parent company's total taxes would decrease by = $569,760 - 505,020 = $64,740

5 0

3 years ago