Answer:
B) add deposits, subtract withdrawals and fees
Explanation:
A checking account is a deposit and saving account held in a financial institution, mostly a bank. The user or owner of the checking account is allowed to deposit and withdraw money as frequently as they deem necessary without incurring access fees.
Money held in a checking account is accessible using different ways, including debit cards, ATMs, and over the counter. When reconciling a checking account, one needs to subtract the sum of "money out" from "money in. "
"Money in" comprises mostly of deposits. "Money out" is the total of withdraws plus other bank charges levied to the account.
Answer:
50 customers per day
Explanation:
For computing the capacity required customers per day, first, we have to compute the current demand per day which is shown below:
Current demand = Average number of pets per day × estimated percentage
= 74 pets × 60%
= 44.4 per day
Now the capacity required per day would be
= (Current demand per day) ÷ (1 - capacity cushion percentage)
= 44.2 ÷ (1 - 0.12)
= 50.22 per day
Answer:
$170
Explanation:
Marginal cost is defined as the cost of adding an additional cost of a product or service.
Total cost is the sum total of the cost of all the product and/or service.
Cost of producing 4 units = $150
Cost of producing the 5th unit = $20
The cost of producing one unit = $150/4
= $37.5
Total cost of producing 5 units =
Cost of producing 4 units + cost of the 5th unit
= $150 + $20
= $170
Cost of producing the 5 units = $170
Answer:
The correct answer is option a.
Explanation:
If a tax worth €1.00 per liter on petrol is imposed it will create a tax wedge of €1.00 between the price the buyers pay and the price the sellers receive.
A tax wedge can be defined as the deviation from the equilibrium price and equilibrium quantity due to the imposition of taxes.
When a tax is imposed on a product, the consumer and producer both have to share the tax burden. The price paid by the consumers increases and the price received by gets reduced.
The quantity of product gets reduced as well.
Answer:
$45.85
Explanation:
Price today = Next year dividend / (Rate of return - Dividend growth rate)
Next year dividend = $1.85 * 1.041% = $1.92585
Therefore, we have:
Price today = $1.92585 / (8.3% - 4.1%) = $45.85
Therefore, you will be willing to pay $45.85 today to purchase one share of the company's stock.
