All categories

3 years ago

your debit card is stolen, and report it to your bank within two business days. how much money can you lose at most?

Business

2 answers:

Rashid [163]3 years ago

8 0

They have two business days to take what they want so the most they can take is all of it

PtichkaEL [24]3 years ago

5 0

It depends on a couple of factors. the first factor is your security if it is good then they cant steal much but if it is bad then they can take alot. the second factor is your bank. if they say tht they will stop it then they dont then you shouldnt be with them and if they do stop the theif/theif's they could give you your money back. hope this helps you at all.

You might be interested in

Pencil Corp uses the US dollar as its functional currency. The receivable is not hedged. At December 31, 2020 Pencil has the fol

raketka [301]

Answer:

b. $39,000.

Explanation:

Inventory & Fixed assets will be recognized at historic rate.

Accounts receivable will be recognized at closing rate.

Accounts receivable = FC 30,000 * 0.7

Accounts receivable = $21,000

Inventory = FC 20,000 * 0.6

Inventory = $12,000

Fixed assets = FC 10,000 * 0.6

Fixed assets = $6,000

Total = Accounts receivable + Inventory + Fixed assets

Total = $21,000 + $12,000 + $6,000

Total = $39,000

5 0

2 years ago

When borrowing money to purchase a new car, the LEAST expensive option would be to .... A. get a cash advance from their credit

djverab [1.8K]

I think the answer is C

6 0

3 years ago

An example of this operating expense is checkout counters.

ollegr [7]

Im pretty sure its 2) Fixtures

Sorry if its wrong

7 0

3 years ago

Read 2 more answers

QS 11-9 Recording warranty repairs LO P4 On September 11, 2016, Home Store sells a mower for $490 cash with a one-year warranty

prisoha [69]

Answer:

On September 11, 2016, Home Store sells a mower for $490 cash with a one-year warranty that covers parts

Recording of revenue:

Cash $490 (debit)

Revenue $490 (credit)

Recording of Warranty granted :

Assurance Warranty expense $49.00 (debit)

Warranty Provision $49.00 (credit)

$490 × 10% = $49.00

On July 24, 2017, the mower is brought in for repairs covered under the warranty requiring $34 in materials taken from the Repair Parts Inventory

When warranty is subsequently received:

Warranty Provision $ 34 (debit)

Repair Parts Inventory $ 34 (credit)

Explanation:

On September 11, 2016, Home Store sells a mower for $490 cash with a one-year warranty that covers parts

Recording of revenue:

Cash $490 (debit)

Revenue $490 (credit)

We Recognise Revenue to depict transfer of control of mower

Recording of Warranty granted :

Assurance Warranty expense $49.00 (debit)

Warranty Provision $49.00 (credit)

$490 × 10% = $49.00

There is no option for customer to take the warranty or not, so this is a service warranty.The warranty is measured at the best estimate of expenditure required to settle the obligation that is at 10% of sales.

On July 24, 2017, the mower is brought in for repairs covered under the warranty requiring $34 in materials taken from the Repair Parts Inventory

When warranty is subsequently received:

Warranty Provision $ 34 (debit)

Repair Parts Inventory $ 34 (credit)

Utilise the Warranty Provision when the warranty claim is subsequently received

7 0

3 years ago

A firm has negotiated a seasoned equity offer that will provide the firm with $1.68 million in net proceeds. The underwriting sp

Ivahew [28]

Answer:

The correct answer is $36.27

Explanation:

Amount of net proceeds is $1,680,000. Number of shares to be issued is 5,000. Underwriters charge the spread at 7.35%.

Hence, 100% of the amount should cover $1,680,000 and the underwriter charges. Hence, the total amount required to be raised is more than $1,680,000.

Step 1: Calculate the amount to be raised.

Amount Needed = Amount to be raised by selling shares x (1 - Underwriters' Charge)

1,680,000 = Amount to be raised by selling shares x (1 – 0.0735)

1,680,000 = Amount to be raised by selling shares x 0.9265

Amount to be raised by selling shares = 1,680,000 / 0.9265

Amount to be raised by selling shares = 1,813,275.77

Step 2: Calculate the offer price.

Offer Price = Amount to be raised by selling Equity / Number of shares need to be sold

Offer Price = 1,813,275.77 / 50,000

Offer Price =$36.27

Therefore, the correct answer is $36.27

4 0

3 years ago