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3 years ago

Three reasons why people might accidentally overdraw are:

Business

1 answer:

Schach [20]3 years ago

4 0

Explanation:

Before answering the question, we need to know what overdraw means. So overdraw is basically the drawing the excess of money which the account of a person actually holds. In simple words, when the money in someone account is more than the amount he thinks. He thinks he has more amount in his account and when he tries to withdraw, he comes to know the real amount. This could be because of many reasons, three of which are as follows:

They withdraw the amount from ATM and they may not record it. secondly they may have made a mistake in their arithmetic while estimating their equity, and thirdly, they might have forgotten to make a deposit.

All these reasons could be the reason for overdraw.

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Blue Corporation is projecting a cash balance of $36,450 in its December 31, 2016, balance sheet. Blue’s schedule of expected co

NeX [460]

Answer and Explanation:

The Preparation of cash budget for the first quarter is following below:-

Cash Budget

Particulars Amount

Cash balance Beginning $36,450

Add: Receipts

Total Collection $224,775

Sale of equipment $3,645

Total receipts $228,420

Total cash available $265,870

Less: Disbursements

Direct material $52,245

Direct labor $85,050

Manufacturing overhead $42,525

Selling and

administrative overhead $54,675

Purchase of securities $17,010

Total Disbursements $251,535

Available excess available

cash over disbursements $14,335

Financing

Add: Purchase of securities $17,010

Less: Repayments -

Cash balance at ending $31,345

So, to reach at ending balance we simply added the purchase of securities and ending cash balance.

3 0

3 years ago

Litigation, arbitration and mediation are

GalinKa [24]

Answer:

all binding forms of dispute resolution

Explanation:

Resolution of disputes has 2 types of processes.

Adjudicative processes, such as litigation or arbitration, in which a judge, jury or arbitrator determines the outcome.

Consensual processes, such as collaborative law, mediation, conciliation, or negotiation, in which the parties attempt to reach agreement.

In both of the above processes the parties most bind to the final decision conceived.

7 0

3 years ago

byu 220 in gibbons v. ogden, the supreme court ruled that rail companies could not purchase farmland without the consent of farm

sukhopar [10]

In Gibbons v. Ogden, the Supreme Court ruled that rail companies D. states could not restrict trade within their jurisdictions.

Under the constitution, rail companies have the electricity to make all laws that shall be vital and proper for carrying into execution the foregoing powers. Aaron Ogden was given permission to function his steamboats in the big apple. Thomas Gibbons changed and allowed to function his steamboats in the big apple.

The ruling in Gibbons v. Ogden asserted Congress's authority to adjust interstate trade on the idea of the Supremacy Clause. It set a precedent that Congress had the strength to overturn country rules if interstate commerce were worried.

The case introduced mild the problem of the trade Clause of the united states charter. It changed into a question of whether or not Congress ought to adjust positive factors of trade. It averted states from establishing similar monopolistic rail companies' legal guidelines, encouraging an increase in steamboat journey and cargo delivery. This increased change opportunities between states, boosting states' economies.

Learn more about rail companies here:-brainly.com/question/11433327

#SPJ4

8 0

2 years ago

Dairy products in nepal

Alecsey [184]

Answer:

Nepal - Dairy Products ; Buttermilk, FAO ; Cheese, FAO ; Cheese and Curd, FAO ; Cream Fresh, 4 timeseries ; Ghee, FAO.

7 0

2 years ago

How supply and demand work together to reach the equilibrium price in the marketplace? Please give at least a paragraph. Thank y

grandymaker [24]

Answer

Before I answer this question, you must note that the equilibrium price is created by both the amount supplied of a certain product as well as how much "customers" there are (or the amount that is bought in all). This however, is usually not taking account any potential competitors.

For example, let say that the price in creating the product (or buying) is $15. This means that right now, the company loses $15 for one of the products. To make a profit, the selling price must be >$15. However, (unless they are a monopoly, such as, for example, electrical companies) there are competitors that they must fight with to get customers. Of course, there are other things that can affect the price, depending on the demographic and area.

So how does supply and demand affect the equilibrium price? The limits of the supply & the amount of demand would help determine the price by the amount of people buying and the supply of the product.

6 0

3 years ago

Read 2 more answers