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artcher [175]
3 years ago
9

List & briefly explain 5 benefits of having a Business bank account.

Computers and Technology
2 answers:
kifflom [539]3 years ago
8 0

Answer:

Explanation:

<u>1. To protect your personal identity</u>

Since you will be using your business account for a large number of transactions, the potential for some sort of fraudulent activity or identity theft will be higher. If you have a dedicated business account, you can limit the damage to that account alone.

<u>2. When you want to simplify tax preparation </u>

Having prepared many, many tax returns in my life, I can tell you that your accountant will love you for this one. And there may be a financial payoff for you as well.

When tax time rolls around, separating out business and personal expenses can be…complicated. If you’re using a tax preparer, that person will not be entirely aware of exactly what represents a business expense and what is personal.

<u>3. When you enter a partnership or you want to incorporate </u>

When you enter into a partnership, at least one other person will be handling financial transactions for your business. You’ll need a business bank account for that to be possible, since it can’t be done with a personal account. (Nor would you want to give a partner access to your personal account in the first place!)

<u>4. When you want to begin accepting credit card payments </u>

This might be the single biggest reason why you want a bank account for your business. Since the entire world trades with credit cards, you’ll have to begin accepting them as you expand your business.

You can’t accept credit cards through a personal bank account. It can only happen with a commercial account. Such accounts are set up specifically for the purpose of accepting cards. They can make the credit card process seamless, and that’s exactly what you’ll need.

<u>5. When you want to build a business banking relationship </u>

As your business grows, having a business relationship with your bank will become increasingly important. For example, you may want to set up a dedicated account to handle the payment of income, sales, or payroll taxes. You might also want to establish a relationship for credit purposes. This could include obtaining bank financing to purchase equipment or to expand your business.

oee [108]3 years ago
3 0

Answer:  down there

Explanation:

Some other benefits come from establishing a business bank account. You can gain access to services that make life easier, such as merchant account and payroll services, free online banking and, importantly, easier access to small business loans.

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Use the modulo operator (%) to get the desired rightmost digits. Ex: The rightmost 2 digits of 572 is gotten by 572 % 100, which
uranmaximum [27]

Hi, you haven't provided the programing language in which you need the code, I'll just explain how to do it using Python, and you can apply a similar method for any programming language.

Answer:

def rightMost(num):

   lenNum = len(str(num))

   rightNum = num%(10**(lenNum-1))

   print(rightNum)

   return(rightNum)

Explanation:

In this function we receive an integer number, then we find how many digits this number has, and finally, we find the rightmost digits; the main operation is modulo (takes the remainder after a division), what we want is to take all the digits except the first one, for that reason we find the modulo of the number when divided by ten to the power of the length of the number minus one, for example, if the number is 2734 we divided by 10^(4-1), where four is the length of the number, this way we get 2734/1000 and the module of it is 734.

5 0
3 years ago
Question 12 (1 point)
QveST [7]

Answer:

margins

Explanation:

the definition margins are the edges

8 0
3 years ago
Imagine the user types in a complete sentence, but we want to read only the first word and place it in the String variable word.
Vladimir [108]

Answer:

import java.util.Scanner;

public class FirstWord {

   public static void main(String[] args) {

       //NOW YOU WANT TO COLLECT INPUTS FROM THE STUDENT OR USER

       //IMPORT THE SCANNER CLASS FIRST  outside your class

       // THEN YOU CREATE AN OBJECT OF THE SCANNER CLASS

       Scanner input = new Scanner(System.in);

       

       //CREATE A VARIABLE TO HOLD THE USER INPUT

       String text = input.nextLine();

       

       //The variable holder will be used to store characters from the for loop

       String holder="";

       

       //Create a for loop that loops through the user's input

       for(int i=0; i<text.length(); i++){

           //As the loop increases, we get the character in the user's input and store them one by one in the variable holder

           holder+=text.charAt(i);

           if(text.charAt(i)==' '){

               //If the loop encounters a space, it means a complete word has been gotten from the user's input

               //Then the break below Breaks the loop, and the loop stops running

               break;

           }

       }

       System.out.println(holder);

}

Explanation:

text.length() returns the length of the sequence of characters present in length

text.charAt(a number) Returns the char value at the specified index. An index ranges from 0 to length() - 1. The first char value of the sequence is at index 0, the next at index 1, and so on, as for array indexing.

Create a for loop

How does a for loop work?

It collects a starting point, an end point and an increment respectively....all these are passed in as arguments into the for loop

For example, the code above starts from 0, calculates the number of characters in the user's input and sets it as the end point, the loop runs from zero to the length of the text of the user...

Note: i++ in the loop is the increment, it means the loop increases by 1

8 0
3 years ago
A technician is configuring the Windows computers on a network to print to a printer that is directly connected to the network v
finlep [7]

Answer:

Network Printer

Explanation:

A network printer is a type of printer that is accessible by network connections, making it available for use by other computers connected to that network. The network can either come from the printer or from a local computer provided to create network for the printer. Most of them contains a network interface card that allow them connect directly to a local network from which computers can then access them. This is different from a local printer that is directly connect to the computer via USB cable.

Network printer is very advantageous in that multiple network computers can access the printer at thesame time.

7 0
3 years ago
Edhesive 6.8 lesson practice answers
FromTheMoon [43]

Answer:

1.) 25 ; 15 ; 15

2.) 50 ; 15 ; 50

Explanation:

In the first function written :

The variable val was initially decaled or assigned a value of 25 and that was what was printed first.

However, after the example function was written, the val variable was finally assiagned a value of 15 within the function. However, it was also declared that the global variable takes uonthe val value. Hence, the val variable initially assigned a value, of 25 changes to 15 globally.

For the second code :

From the top:

Val was assigned a value of 50 ;

Hence,

print(val) gives an output of 50

Within the function definition which prints the value of val that is assigned a value of 25 within the function.

Since tbe global variable isnt reset.

Printing Val again outputs 50;since ito is outside the function.

6 0
2 years ago
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