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Finger [1]
3 years ago
8

Overdraft protection means the bank will protect your funds from excessive taxation.

Business
2 answers:
Varvara68 [4.7K]3 years ago
5 0
The correct answer is (a.) True. Overdraft protection means the bank will protect your funds from excessive taxation. This protection is most likely to be offered by small business since it helps them to gain additional income fees.
Bess [88]3 years ago
3 0

That statement is true.



When you sign for a overdraft protection, the Bank would send many notification on your account to prevent you from using more money for consumption that you actually have in the bank.

This would help you to prevent excessive taxation because the amount of money used for personal consumption is not eligible for tax deduction.

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11. In the first quarter of 2010, U.S. advertisers spent $5.9 billion on online advertising. In the first quarter of 2011, they
oee [108]

Answer:

The percentage rate of growth from 2010 to 2011 is the 1237.3%

Explanation:

The percentage rate or growth for online advertising spend in 2011 compared to 2010 is obtained when calculating the following operations:

1. You must know what is the base figure you want to use to determine the percentage growth. In this case $5.9 Billion is the base figure you will use.

2. You want to know what is the figure with which you will determine the final growth. In this case is $73 billion.

3. You replace the values in the following formula:

percentage rate or growth =(( <u>   Final growth figure   </u> )  ) x 100

                                                         Base figure

percentage rate or growth =(( <u>  73   </u> )  ) x 100

                                                     5.9    

percentage rate or growth = 12.3728 x 100

percentage rate or growth = 1237.28

4. As you want to round your answer to one percentage place, then you round to .28 to .3 that is the next higher decimal number.

percentage rate or growth = 1237.3%

6 0
3 years ago
Requirement 2:
Nuetrik [128]

Answer:

Requirement 2

a) Net Operating Income (Loss) for year 1 under absorption costing = 110,600

b) Net Operating Income (Loss) for year 2 under absorption costing = 257,600

c) Net Operating Income (Loss) for year 1 under variable costing = 238,200

d) Net Operating Income (Loss) for year 2 under variable costing = 385,200

e) The cost of goods sold is always less under variable costing than under absorption costing.

Explanation:

a) Absorption Costing, also called full absorption costing, capture all costs associated with manufacturing a particular product, such that the direct and indirect costs, such as direct materials, direct labor, rent, and insurance, are fully accounted for using this managerial accounting method.

b) Variable Costing is a managerial accounting technique that assigns variable costs to inventory, so that all period (fixed overhead) costs are charged to expenses in the period incurred, while only direct materials, direct labor, and variable manufacturing overhead costs are assigned to inventory.

Download xlsx
5 0
3 years ago
The five stages most consumers go through when engaged in extended problem solving is called the _________.
goblinko [34]
Consumer decision-making process
3 0
3 years ago
These are two goods that are bought and used together.
OleMash [197]

Answer:

d. Complements

Explanation:

Compliments or complementary goods are products that are used together. The use of one product is dependent on the availability of the other. Examples of complementary goods are cars and petrol, printers and ink cartridges, and computer hardware and software.

Changes in the price of a complementary product will affect the demand for the other product. If the price of cars decreases, leading to an increase in demand, the demand for petrol will automatically increase. The demand for complimentary products is described as joint demand.

4 0
3 years ago
What is (are) the main problems in using a balance sheet to provide an accurate assessment of the value of a company's equity?
frez [133]

Answer:

A) Valuable assets such as the company's reputation, the quality of its work force, and the strength of its management are not captured on the balance sheet.

Explanation:

As we know that the balance sheet records the assets, liabilities and the equity of the company. Now the main problem with the balance sheet is that the valuable assets such as reputation of the company, work force quality, management strength would not captured here as it only records the monetary transactions.

Therefore the correct option is a.

3 0
3 years ago
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