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3 years ago

Match the following:

Business

2 answers:

shutvik [7]3 years ago

8 0

Answer:

1. Account verification: a process in which banks check your history to make sure you will be a responsible account holder.

2. Budget: a coverage plan for how you will spend and save money.

3. Claim: a request for payment from an insurance company.

4. Deductible: the amount an individual has to pay when they make a claim, with the remaining cost covered by the insurance company.

5. Liability: insurance that covers other people's injury or loss for which you are responsible.

6. Phishing: requesting confidential information over the internet under false pretenses in order to fraudulently obtain credit card numbers, passwords, or other personal data.

sineoko [7]3 years ago

7 0

Answer:

1. account verification - a process in which banks check your history to make sure you will be a responsible account holder

2. Budget - coverage a plan for how you will spend and save money

3. Claims - a request for payment from an insurance company

4. Deductible - the amount an individual has to pay when they make a claim, with the remaining cost covered by the insurance company

5. Liability - insurance that covers other people's injury or loss for which you are responsible

6. Phishing - requesting confidential information over the internet under false pretenses in order to fraudulently obtain credit card numbers, passwords, or other personal data.

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On June 8, Alton Co. issued an $88,500, 7%, 120-day note payable to Seller Co. Assume that the fiscal year of Seller Co. ends Ju

Furkat [3]

Answer:

Amount of interest revenue recognized $=\frac{2065\times 98}{120}=$1686.41$

Explanation:

Principal amount P = $88500

Rate of interest r = 7 %

Total number of days = 120

So interest $=\frac{principal\ amount\times rate\times time}{100}=\frac{88500\times 7\times 120}{360\times 100}=$2065$

Number of days from 8 june to 30 june = 30-8 = 22 days

So left days = 120-22 = 98 days

So amount of interest revenue recognized $=\frac{2065\times 98}{120}=$1686.41$

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3 years ago

Which of the following is an example of part-time business? a. Tabatha, who works from home for a fashion website for a minimum

Brut [27]

Answer: The answer is C. Dorothy, who works in her small bakery for less than 30 hours a week.

Explanation: A part-time business can't exceed <u>35 hours a week.</u>

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3 0

3 years ago

Read 2 more answers

In January 2012, one US dollar was worth 50 Indian rupees. Suppose that over the next year the value of the Indian rupee decreas

satela [25.4K]

Answer:

59% - a)increase - b)decrease

Explanation:

First of all, we should say that the real exchange rate is calculated by multiplying the nominal exchange rate for the price index and then divide it by the price index of the other country. In another language, using this case as the example, the first nominal exchange rate is 50, as you need 50 rupees to buy 1 dollar. So to calculate the real exchange rate you need to multiply 50 by 100 (the price index of USA) and then divide it by 100 (the price index of India). Note that both price indexes are 100, just a coincidence for making easier the question. Result: 50.

Then we calculate the next real exchange rate: multiply 60 (the new nominal exchange rate) by 106 (the new US price index) and divide by 80 (the new India price index). This throws a result of 79,5. We see a 29,5 increase, and 29,5 represents 59% of 50 (the initial real exchange rate).

Then both questions is more common sense than the reading of the results we just calculated. For example, nominal exchange rate changed from 50 to 60, so the people in India will now have to collect 10 more rupees to buy the same dollar. Let's suppose a pair of shoes in USA costs 40 dollars. Before, Indians needed 2000 rupees to buy it. Now they will need 2400 rupees... it will be more expensive. Plus, the prices of USA had gone up 6%, which means the pair of shoes will now cost 42,4 dollars... even more expensive! As products in USA are more expensive, we can expect that India's consumption of American goods will decrease (law of demand).

With the American consumption of Indian goods happens the opposite, the goods in India became cheaper (price index has fallen), and for the Americans, the same dollars they had will buy more rupees when the exchange rate changed to 60.

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3 years ago

What are 3 benefits of the Pay down credit card feature in Quickbooks Online?

enot [183]

Answer:

b or e

Explanation:

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3 years ago

Changes in the prices of key commodities have a significant impact on a company's bottom line. For virtually all companies, the

Anna11 [10]

Answer:

Explanation:

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B) An increment in fixed cost will shift the ATC curve to the right while the MC curve would remain the same because MC is the change in variable cost as output increases and is not related to fixed cost.

C) Corn cost is a variable cost for ethanol producer as each unit of corn is used to produce ethanol and thus use of corn is reliant upon how much ethanol is produced. This makes corn a variable input dependent on the production of output, therefore, the cost of corn is variable.

D) An increment in the variable cost will shift the ATC curve to the right and individual MC curve to the right.

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3 years ago