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Liula [17]
3 years ago
12

How have ATMs evolved since then? Have you used one? Explain.

Business
2 answers:
olga2289 [7]3 years ago
8 0
<h2>The following points describe how have ATMs evolved since their first setup: </h2>

  • The very first ATM that came out in 1967 functioned with paper printed on with radioactive ink that the machine could read to process the information.
  • The more popular type of ATMs came out two years later in 1969 and were disseminated throughout the United States over the next decade.
  • The new ATMs used plastic cards similar to the cards that we use today.
  • Both the types of cards and the interface of the ATMs changed with time.
anygoal [31]3 years ago
8 0

Answer:

I have been using Automated teller machine (ATM) for over a decade now and I can tell that it advance is great.

Explanation:

Owing to the fact that the automated teller machine is a product of the evolving world of information technology, it sole aim was to dispense cash but today we have ATMs that perform some other spectacular but trivia transactions like payment of bills

Deposit of cash, also it now accommodate finger print and Irish scanner to authenticate users the list is endless as the world of information technology is still advancing, we just have to relax and watch new features being added to the ATM.

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Assume a firm's production process requires an average of 80 days to go from raw materials to finished products and another 40 d
MaRussiya [10]

Answer:

(C) 110 days

Explanation:

The computation of the operating cycle is shown below:

= Average days of process from raw materials to finished products + another days before the finished goods are sold + average days of accounts receivable -  average days of accounts payable

=  80 days + 40 days + 70 days -  80 days

= 110 days

While calculating the operating cycle we add the inventory days, accounts receivable and deduct the account payable days.

6 0
3 years ago
Julius, a collector and seller of Egyptian relics, hired Brutus to act as his sales agent. Julius later discovered that Brutus,
nekit [7.7K]

Answer: Julius is bound on this contract because Brutus had apparent authority

Explanation:

Based on the scenario and the information given, Julius is bound on this contract because Brutus had apparent authority.

Apparent authority simply refers to a scenario whereby means a principal in this case Julius is bound by the action of the agent that is, Brutus even though Brutus had no authority. Here, Anthony believed that Brutus had an authority to act not knowing that he had been fired.

6 0
3 years ago
A Metro City ordinance imposes a jail term, without a trial, on all vendors who operate in certain areas. A court would likely r
Alex Ar [27]

Answer:

C) due process.

Explanation:

The 5th Amendment of the US Constitution states that no individual may be deprived of life, liberty or property without due process of law.

All government levels (federal, state or local) must respect the rights of the individuals that live in them. Due process helps to protect individuals from  abuses committed by government authorities.

In this case, no one can be sent to jail without a trial being held. An individual can be arrested, but for a limited time and until a trial is held.

8 0
3 years ago
Forecast the 2019 Cost of goods sold on the previous year’s number and the assumptions. 2018 Actual 2019 Estimate Sales Growth 6
sveta [45]

The Cost of Goods Sold for 2019 is forecasted to be $30,600.

<h3>What is Cost of Goods sold?</h3>

This refers to total amount that a firm paid as a cost directly related to the sale of products.

The Sales Growth between the years 2018 and 2019 is 2% (8%-6%).

Because the 2018 Cost of Goods Sold equals $30,000, then, it will be adjusted according to the sales growth recorded in the subservience year.

Cost of Goods Sold (2019) = $30,000 *(1+0.02)

Cost of Goods Sold (2019) = $30,000 *1.02

Cost of Goods Sold (2019) = $30,600

Read more about Cost of Goods Sold

<em>brainly.com/question/17205761</em>

#SPJ6

7 0
2 years ago
Read 2 more answers
John Fare purchased $6,000 worth of equipment by making a $1000 down payment and promising to pay the remainder of the cost in s
vesna_86 [32]

Answer:

C $ 596.39

total payment          7,156.68

Interest expense     2,156.68

Explanation:

6,000  -  1,000 = 5,000 amount to finance

We will calcualte the cuota of an annuity of 6 years with semianual payment at 12% annual rate.

PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

PV  $5,000.00

time   12 (6 years times 2 payment per year)

rate            0.06 (12% annual we divide by 2 to get semiannual)

5000 \times \frac{1-(1+0.06)^{-12} }{0.06} = C\\

C $ 596.39

The total amount paid will be the cuota times the time of the loan:

Total amount paid

596.39 x 12 = 7,156.68‬

The interest will be the difference between the total amount paid and the principal of the loan

Interest paid

total payment          7,156.68

principal                 (5,000)

Interest expense     2,156.68

7 0
3 years ago
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