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3 years ago

A good reason to open a checking account is that

Business

1 answer:

Mamont248 [21]3 years ago

4 0

<h2>There are many good reason and I am listing few.</h2>

Explanation:

Pay bills online
Track the payment. When you pay someone, check provides a paper trail
This is better than paying by card since it avoids theft
It is better than even paying by cash because you are having a trail of it.
It is less expensive than money order
Serves as proof for filing taxes
You can even get debit card by opening a checking account
There are no transaction limits
Paying by check is safer than paying by cash

You might be interested in

What is the customer's goal?

ollegr [7]

Answer:

The key aspect of any business, company, or employer is customer service goals.

Explanation:

A customer service department and the staff represent the company and contribute to building the company's public perception. Customer service objectives are specific objectives and guidelines put in place by an enterprise to ensure that every client is 100% satisfied with the services provided by the enterprise. Excellent customer service means that every customer's needs and desires can be met promptly. A customer should never get away with a company or leave a place unhappy.

Improve customer service measurement

Customers goals :

Easy to get in touch with customers
Response times accelerated
Improve customer service measurement
Find ways to create an all-round experience for our customers
Develop a loyalty program for clients
Create a culture that focuses on customers
Develop a strategy for customer surveys
Take the customer success account into account
Get customer renovation and up-sell creative

6 0

3 years ago

Molteni Motors Inc. recently reported $3.5 million of net income. Its EBIT was $5.25 million, and its tax rate was 30%. What was

Hatshy [7]

Answer:

$250,000

Explanation:

The computation of the interest expense is shown below:

Given that

Net Income = $3,500,000

Tax rate = 30%

EBIT = $5,250,000

As we know that

EBT = EBIT - Interest Expense

So,

Interest expense = EBIT - EBT

where,

EBT = Net Income ÷ (1 -Taxes)

= $3,500,000 ÷ ( 1 - 30%)

= $5,000,000

And, the EBIT is $5,250,000

So, the interest expense is

= $5,250,000 - $5,000,000

= $250,000

We simply applied the above formula

7 0

4 years ago

Explain the difference between a checking and a savings account

lianna [129]

Answer: Heyaa! :)

Saving Account

→ income not spent, or deferred consumption. Methods of saving include putting money aside in

Checking Account

Offers easy access to your money for your daily needs ←

The main difference between checking and savings accounts is that checking accounts actually used on the daily while savings accounts are primarily for saving money.

Hopefully this helps you !

- Matthew ~~

6 0

2 years ago

PLEASE ANSWER FAST

baherus [9]

I believe it’s true and false cuz most of the time u Can’t get into the job that u wanted all the time but you can hope but I mean a job is a job

8 0

2 years ago

Which of these is an example of a variable expense calculated in an organizational budget?

Ierofanga [76]

In an organizational budget, variable expenses are the total cost that depended on the amount of goods produced.
Example of variable expenses are:
- Raw material expenses
- Cost of plastic to make a handphone case
- Cost of carrots if the company is selling carrot pies
- etc

8 0

3 years ago