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
BigorU [14]
4 years ago
7

If a company has three bank accounts for processing payments, what is the minimum number of ledgers it needs?

Business
1 answer:
earnstyle [38]4 years ago
6 0
A Company needs three ledgers if it has three bank accounts for processing payments. Three ledgers need for each of the bank accounts.

This three ledger provide more efficient and effective in maintaining each of the accounts and the payment process related to the account. This method will make the bank reconciliation process easier too.
You might be interested in
A regulatory agency that protects workers is
bagirrra123 [75]

Answer:

answer is A

Explanation:

6 0
3 years ago
A sports nutrition company created an energy drink which they think improves athletic performance. In one study, weightlifters w
Len [333]

Answer:

C.

Explanation:

Based on the study being described it is not a valid claim because the stronger athletes were likely to drink the new sports drink whereas the weaker athletes were likely to drink flavored water. The companies need to sample athletes that are able to consistently lift a maximum of the same amount of weight. Once they have these participants they can then start the experiment. That way they know that the athletes are all on par with each other and if one is able to lift more than the other because they drank the energy drink they can isolate the drink as a cause.

4 0
3 years ago
XYZ Company is union free. Because of increased costs and operational efficiency, it is in XYZ Company’s best interest to avoid
lubasha [3.4K]

Answer:

Make sure employees understand that anyone who attempts unionization will be discharged

Explanation:

Companies are not allowed to threaten employees who are interested in forming a union with discharge.  

3 0
3 years ago
The following information was taken from the segmented income statement of Restin, Inc., and the company's three divisions:
Rainbow [258]

Answer:

d. $75,000

Explanation:

                                total         Los Angeles    Bay Area  Central Valley  

Revenues           $750,000      $200,000     $235,000    $325,000

Variable exp.      $410,000        $110,000      $120,000     $180,000

Controllable       $210,000         $65,000        $75,000      $70,000

<u>fixed expenses                                                                                      </u>

controllable        $130,000        $25,000        $40,000      <u>$75,000</u>

profit margin

Noncontrollable fixed expenses and common fixed expenses are not included in the calculation of individual controllable profit margin.

7 0
3 years ago
Suppose that your monthly net income is $2,540. Your monthly debt payments include your student loan payment and a gas credit ca
ira [324]

Answer: 30%

Explanation:

We should note that debt payments-to-income ratio is calculated as:

= Debt payment / Net income

= 762 / 2540

= 0.3 or 30%

Therefore, the debt payments to income ratio is 30%

6 0
3 years ago
Other questions:
  • On November 1, 2016, Love Company places a new asset into service. The cost of the asset is $90,000 with an estimated 5-year lif
    7·1 answer
  • Carlos is the person to see in the welding department if you are a new employee. While he is not a manager, he is the person tha
    11·1 answer
  • Last year, you purchased a stock at a price of $64.00 a share. Over the course of the year, you received $2.20 per share in divi
    7·1 answer
  • When you should send an email
    8·2 answers
  • A store has the following demand figures for the last four years: Year Demand 1 100 2 150 3 112 4 200 Given a demand forecast fo
    9·1 answer
  • For a cheese-lover, Burger King's Mac n' Cheetos are what type of product? (1pt)
    15·1 answer
  • Write the function of commercial bank in points.(don't copy)​
    10·1 answer
  • Give an example of an output contract associated<br> with school.
    5·1 answer
  • a cellular phone is a phone that is cellular" How might you explain to the speaker the problem with this assertion?
    11·1 answer
  • The category of complainers called irates has a very optimistic sense of the potential positive consequences of all types of com
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!