1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
vladimir1956 [14]
3 years ago
10

Gina writes and signs a check payable to "Happy Market." Irma, Happy’s manager, indorses the check "For deposit only." This is

Business
1 answer:
Pachacha [2.7K]3 years ago
4 0

Answer:

c.a restrictive indorsement.

Explanation:

-Blank endorsement refers to an instrument that allows any holder to request the payment.

-Qualified endorsement refers to a signature in an instrument that transfers the amount to other person.

-Restrictive endorsement puts a limit on an instrument like the sentence "For deposit only."

-Special endorsement enables to make a check payable to someone else.

According to this, the answer is that this is a restrictive endorsement.

You might be interested in
Links Cable Network has decided to offer a one-hour appointment window for customers needing installation or repair of its servi
Anastaziya [24]

Answer:

Radically innovative.

Explanation:

In this scenario, Links Cable Network has decided to offer a one-hour appointment window for customers needing installation or repair of its service, which will require the company to have several technicians on call. Links hopes this practice will give it an advantage over the competition, none of which have adopted such a practice. Links Cable Network is introducing a radically innovative change.

A radically innovative change is a strategic business approach aimed at developing the business drastically.

4 0
3 years ago
The expected average rate of return for a proposed investment of $500,000 in a fixed asset, with a useful life of four years, st
Natalka [10]

Answer: 48%

Explanation:

Based on the information given, the average rate of return will be:

= (Average return) / (Average Investment) x 100

where, average return will be:

= ($240000 × 4)/4

= $240000

Then, annual averay rate of return will be:

= $240000/$500000 × 100

= 48%

6 0
3 years ago
If the insurer offers to renew the policy on different terms, how long does the policyholder have to cancel the policy without b
kakasveta [241]

Answer:

30 days after receiving notice of the changes

Explanation:

If the insurer offers to renew the policy on different terms, how long does the policyholder have to cancel the policy without being penalized?

An insurer is defined as- a person or company that underwrites an insurance risk; the party in an insurance contract agrees to pay compensation. Generally, the term insurer is synonymous  with the term insurance provider or insurance company.

A policyholder is a person who buys an insurance policy. The policyholder is protected by the details in the insurance policy. He or she can add more persons to the policy depending on the type.

In most cases, a policyholder is allowed to cancel the policy within 30 days without been penalized for a short rate cancellation fee.

4 0
3 years ago
Keller Cosmetics maintains an operating profit margin of 7% and asset turnover ratio of 4.
Stels [109]

Answer:

a) 28%

b) 56%

Explanation:

Data provided in the question:

Operating profit margin = 7%

Asset turnover ratio = 4

Now,

a) ROA = Profit margin × Asset turnover ratio

= 7% × 4

= 28%

b) Given:

Debt-equity ratio = 1

Interest payments = $8,200

Taxes = $8,200

EBIT = $21,000

Now,

Total assets = Net income ÷ ROA

Also,

Net income = EBIT - tax - interest

= $21,000 - $8,200 - $8,200

= $4,600

Thus,

Total assets = $4,600 ÷ 28%

= $16428.57

also,

Total assets = Debt + Equity

or

Total assets = Equity × (\frac{\textup{Debt}}{\textup{Equity}}+1 )

or

$16428.57 = Equity × ( 1 + 1 )

or

=> Equity = $8214.28

Therefore,

ROE = Net income ÷ Equity

= $4,600 ÷ $8214.28

= 56%

4 0
3 years ago
Sebadoah is a barber who does his own accounting for his shop. when he buys supplies he routinely debits supplies expense. sebad
Yakvenalex [24]
<span>Sebadoah should decrease his supply expense to 1,100 for the month of February. The extra $100 is just in case the month of February is busier and he'll have enough to supplies for the demand.</span>
8 0
3 years ago
Other questions:
  • You consider buying a share of stock at a price of $31. the stock is expected to pay a dividend of $2.58 next year, and your adv
    12·1 answer
  • If you were given a large data set, such as the sales over the last year of our top 100 customers, what might you be able to do
    15·2 answers
  • Hueblue software, an application provider to the gaming industry, decided to enhance its portfolio by developing motion-control-
    10·1 answer
  • Arctic Cat sold Seneca Motor Sports a shipment of snowmobiles. The snowmobiles were delivered on January 1, 2021, and Arctic rec
    12·1 answer
  • A company had net income of $234,665. Depreciation expense is $21,819. During the year, Accounts Receivable and Inventory increa
    11·1 answer
  • A customer value proposition is developed through an effective marketing mix that communicate about what to the customer?
    14·1 answer
  • On April 1, 2015, the City of Southern Ponds issued $3,500,000 in 4% general obligation, tax supported bonds at 101 for the purp
    6·1 answer
  • Discuss the reasons why founder and CEO Mikitani feels it is imperative for Rakuten to expand beyond the boundaries of Japan. Pr
    6·1 answer
  • The nominal interest rate is 6 percent and the inflation rate is 3 percent. What is the real interest rate
    14·1 answer
  • 7. Valuing semiannual coupon bonds Bonds often pay a coupon twice a year. For the valuation of bonds that make semiannual paymen
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!