Answer:
the anwser is A i searched it up
Answer: B. 48.48%
Explanation:
Debt ratio = Total Liabilities/ Total Assets
Total liabilities = Accounts payable + Notes payable + Long−term debt
= 100,000 + 450,000 + 1,050,000
= $1,600,000
Total Assets = $3,300,000
Debt ratio = 1,600,000/3,300,000
= 48.48%
Answer:
There are usually 3 parties to a check transaction
The Drawer, the Drawee and the Payee.
The Drawee in this instance is Southern Rock Bank
Explanation:
The Bank warehousing the funds/Money is the one a check is drawn against, hence the term 'drawee"
The Account owner or representative who writes a check giving authority to the Bank to release of the Funds in its possession is the "Drawer
And the Beneficiary of the drawn up check becomes the Payee.
Answer: False.
Explanation: There are many more Financial institutions.
