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3 years ago

What is a safe deposit box? What financial records are best kept in one?

2 answers:

7 0

A safe deposit box is a private, secure storage area at a location such as a bank. Documents such as adoption or birth records, wills, and marriage or divorce records, stock certificates, Social Security cards, and passports may be kept in them.

emmasim [6.3K]3 years ago

7 0

Answer: The safe deposit boxes for rent are a service generally offered by the banking entities where not only money can be stored in cash, but also other goods, such as jewelry and documentation, being completely confidential what is stored in them.

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Munoz Sporting Goods Corporation makes two types of racquets, tennis and badminton. The company uses the same facility to make b

maks197457 [2]

Answer:

Explanation:

6 0

4 years ago

You have three separate accounts with your bank that you can manipulate with online banking. Account "A" is a checking account w

miss Akunina [59]

Answer:

A) $10,195

Explanation:

This can be calculated as follows:

Amount in Account "B" = $12,850.25

Remaining balance after moving $2,500 from Account "B" to account "A" = Amount in Account "B" - $2,500 = $12,850.25 - $2,500 = $10,350.25

Amount moved from account "B" to account "C" = Remaining balance after moving $2,500 from Account "B" to account "A" * 1.5% = $10,350.25 * 1.5% = $155.25

Balance after moving 1.5% of the remaining balance in account "B" to account "C" = Remaining balance after moving $2,500 from Account "B" to account "A" - Amount moved from account "B" to account "C" = $10,350.25 - $155.25 = $10,195

Therefore, the correct option is A) $10,195.

6 0

3 years ago

In the various fights between management and union members what did each side believe

stepan [7]

The workers had believed that they deserved shorter work days and better pay. The management had believed that the workers did not have a right to strike. Cheap labor was available.

Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.

5 0

3 years ago

J Crane, Ltd. is a local coat retailer. The store’s accountant prepared the following income statement for the month ended Janua

kari74 [83]

Answer:

J Crane, Ltd

Contribution Margin Income Statement

For the Month ended January 31 YY

$ $

Sales revenue 750,000

Less Variable cost :

Cost of goods sold 300,000

Selling expenses 19,500

Admin Expense 37,500

357,000

Contribution Margin 393,000

Less Fixed cost :

Selling expense 4,060

Administrative expense 12,000

16,060

Net income 376,940

Working:

Number of Coat sold = 750,000/250 = 3000 coats

Variable costs:

Selling expenses = 6.5 x 3000 = 19500

Admin Expense = 750,000 x 5% = 37,500

Fixed cost:

Selling expenses = 23560 - 19500 = 4060

Admin Expense = 49,500 - 37,500 = 12,000

4 0

3 years ago

If a firm borrows $8 comma 000 from households at an annual interest rate of 6 percent, how much will the firm pay in interest

laila [671]

Answer:

The firm will pay 480 dollars each year as interest payment.

Explanation:

The interest amount is calculated by multiplying the rate of interest with the amount borrowed. In problem loan is 8,000 dollars and rate of interest is 6%, so the interest amount will be calculated as follow

Interest payment = 8,000 * 6% = 480 dollars

8 0

4 years ago