This occurs when a checking account is overdrawn and doesn't have enough money in it to cover debts. A fee is charged and more funds must be added to the account.
After implementing a solution to a given work-related problem, the manager should EVALUATE THE OUTCOME OF THE SOLUTION.
The evaluation of the chosen solution is very important, it is needed to determine whether the solution chosen effectively take care of the problem or not. The evaluation process examines the effectiveness of the solution. <span />
Independently owned firms that take title to the merchandise they handle, are classified as either full-service or limited-service, and go by names like industrial distributors are known as merchant wholesalers.
<h3>What are merchant wholesalers?</h3>
Merchant wholesalers are described as independent businesses that sell goods after purchasing them from the manufacturers. It is important to mention that the merchant wholesalers are the one that purchases goods and sells them to other third parties. Merchant wholesalers form an important part of indirect sales.
The merchant wholesalers are the ones that purchase the goods, store them, and handle them physically in bulk quantities. The merchant wholesalers sell the goods to the other retailers, but only in small quantities.
It can be concluded that independently owned firms that take title to the merchandise they handle, are classified as either full-service or limited-service, and go by names like industrial distributors are known as merchant wholesalers.
To know more about, wholesale retailers, check this link:
brainly.com/question/2728195
#SPJ4
Basic Checking account vs interest-bearing checking account.
The main difference of these two accounts is the interest.
Basic checking account does not earn interest. Regardless of how long the money stays in the bank, whatever amount it is, it is still the same amount.
Interest-bearing checking account as the name implies earns interest. Sometimes, it must maintain a certain amount for it to earn interest.
Both accounts may have atm access or online/mobile access aside from its check book. Both accounts may also be subject to penalties if its balances fall below the required minimum maintaining account.
Answer:
Cam residual income 2,174,000
Phone residual loss 617,000
Explanation:
The residual income is the difference between the required return on asset and the net income.
<u>First step</u> is to calcualte the required return on the asset
we multiply each division assets by 12%
<u>then,</u> we compare with the net income to get the residual income.
![\left[\begin{array}{ccc}&$Cam&$Phone\\$Assets&24,800,000&13,800,000\\$required return&2,976,000&1,656,000\\$net income&5,150,000&1,000,000\\$residual income&2,174,000&-656,000\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7D%26%24Cam%26%24Phone%5C%5C%24Assets%2624%2C800%2C000%2613%2C800%2C000%5C%5C%24required%20return%262%2C976%2C000%261%2C656%2C000%5C%5C%24net%20income%265%2C150%2C000%261%2C000%2C000%5C%5C%24residual%20income%262%2C174%2C000%26-656%2C000%5C%5C%5Cend%7Barray%7D%5Cright%5D)
