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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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3 years ago

Read 2 more answers

If the net present value of the payments at the time of the leases was 88% of the actual market price and the useful life of the

Aliun [14]

Answer:

A. True

Explanation:

Examples of situations that individually or in combination would normally lead to a lease being classified as a finance lease are:

(a) the lease transfers ownership of the underlying asset to the lessee by the end of the lease term;

(b) the lessee has the option to purchase the underlying asset at a price that is expected to be sufficiently lower than the fair value at the date the option becomes exercisable for it to be reasonably certain, at the inception date, that the option will be exercised;

(d) at the inception date, the present value of the lease payments amounts to at least substantially all of the fair value of the underlying asset; and

(e) the underlying asset is of such a specialised nature that only the lessee can use it without major modifications.

Since at the time of lease the net present value of the payments is 88% of the actual market price and the useful life of the asset was 70% at the end of the lease term and also the title of asset shall not be transferred to lessee at the end of lease term, therefore the lease shall not be classify as finance lease and it shall be classified as operating lease so the answer is A. True

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3 years ago

All of the cells in the body need oxygen. Hemoglobin molecules in red blood cells transport oxygen through the bloodstream. Oxyg

OleMash [197]

Answer:

D. the high partial pressure of oxygen in the lungs

Explanation:

As the cells of the human body are made of the Hemoglobin molecules that transport this red blood to the bloodstreams.

Due to the presence of the dissolved oxygen concentration in the body that these molecules in the lungs are unloaded and then merges with the tissues.

The higher pressure is responsible for the flow of the oxygen in the lungs and the thus formation of the RBC in hemoglobin.

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3 years ago

Classifying costs by behavior with changes in volume of activity involves: Multiple Choice Identifying fixed cost and variable c

Vadim26 [7]

Answer:

Identifying fixed cost and variable cost.

Explanation:

The behavior cost is those costs that will completely change when there are minute changes in the activity and includes the variable and the fixed costs and the semi-variable costs.

As an example of the fixed cost is the insurance. While the variable cost is flour for the bakery that produces artisan bread. And that of the semi mixed cost is the cost of the bakery cost and the natural gas.

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3 years ago

From 2009 to 2010, nominal gross domestic product (GDP) in the United States grew by 3.8%. Given that prices increased by 1% and

adelina 88 [10]

Answer:

the per capital real GDP would be grew by 2.8%

Explanation:

The computation of the per capital real GDP would be grew by

= Growth of gross domestic product - increase in prices = growth in population

= 3.8% - 1% - 1%

= 2.8%

Hence, the per capital real GDP would be grew by 2.8%

So , the same should be considered

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3 years ago