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3 years ago

1)A checking account is sometimes also called a:

Business

1 answer:

love history [14]3 years ago

5 0

1) demand deposit account.

2) Computer software.

3) Saved for emergencies.

4) A job.

5) It's far more difficult to manage an account electronically.

6) Checks written after the statement closing date wouldn't appear on the statement.

7) When a check is drawn for more than the balance, the rest comes from a credit card account.

8) The account holder does not need to record the amount of the purchase in his or her check register.

9) All the above.

10) Easier.

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There is an inverse relationship between bonds' quality ratings and their required rates of return. Thus, the required return is

beks73 [17]

Answer:

The statement is true.

Explanation:

The investor aversion to risk must be compensated with an increased return to make it more feasible.

If all bonds' return were the same then, investor will not invest on high risk bonds.

Company's will not issue the bond to yield higher than they can pay nor higher if they can do it the same as AAA. They do it as the only way to attract investment to his business.

6 0

3 years ago

What portion of discretionary spending is typically spent on defense?

Solnce55 [7]

2/ About two thirds of the discretionary spending is spent on defense.

8 0

3 years ago

Read 2 more answers

In the current year, PULR Company sold land for $ 81,000 cash, purchased a delivery van for $ 22,000 cash, and issued common

Trava [24]

Answer:

B, $158,000

Explanation:

Given the following information about PULR in the current year;

Sale of land = $ 81,000 (Increase in cash balance)

Purchase of delivery van = $ 22,000 (decrease in cash balance)

Issued common stock = $ 97,000 (Increase in cash balance)

All cash transactions.

Net cash provided by investing activities = $ 81,000 - $ 22,000 + $ 97,000

= $ 158,000

7 0

3 years ago

Lake Erie Company uses a plantwide overhead rate with machine hours as the allocation base. Next year, 700,000 units are expecte

Sergio039 [100]

Answer:

$7.70 per unit

Explanation:

For computing the overhead rate per unit we first need to compute the estimated amount which is as follows

Total manufacturing cost

= Department 1 + department 2

= $31,41,500.00 + $15,71,000.00

= $47,12,500.00

Total machine hours

= Department 1 + department 2

= 267,000 MH + 192,000 MH

= 459000 MH

Now predetermined overhead rate is

= Total manufacturing cost ÷ Total machine hours

= $4,712,500 ÷ 459,000 MHs

= $10.27 per MH

Now overhead per unit is

= Pre-determined overhead rate per MH × Machine Hours required per unit

= $10.27 per MH × 0.75 MHs per unit

= $7.70 per unit

This is the answer but the same is not provided in the given options

3 0

3 years ago

A company's board of directors votes to declare a cash dividend of $1.00 per share of common stock. The company has 20,000 share

matrenka [14]

Answer:

$14,500

Explanation:

From the above, the below details are given;

Authorized share capital , which represent maximum number of shares that a company is allowed to issue.

Issued shares, which is the number of shares issued by a company including shares purchased and backed by a company(treasury stock).

There is also outstanding shares which is treasury stock less issued shares.

We do also know that treasury stock does not have any right of dividend because the shares are held by the company hence cannot pay dividend to itself.

Therefore, the total amount of the cash dividend is = 14,500 × $1.00

= $14,500

7 0

4 years ago