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julsineya [31]
3 years ago
9

A frequently used form of overdraft protection is A. when a merchant refuses to accept checks and therefore never has any checks

returned. B. when a check is drawn for more than the balance, the rest comes from a savings account. C. when a check is drawn for more than the balance, the rest comes from a credit card account. D. when a bank closes an account.
Business
1 answer:
NemiM [27]3 years ago
6 0
I would most likely go with C, overdraft protection lets you take money out that you don't have, it is normally a $35 dollar fee though
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Ice Cream Corporation uses the weighted-average method in its process costing system. Data concerning the first processing depar
Svetllana [295]

Answer:

Ice Cream Corporation

The cost per equivalent unit for materials for the month in the first processing department is closest to: __________

=  $17.97.

Explanation:

a) Data and Calculations:

                                                                Units    Materials   Conversion

Beginning work in process inventory     900     $13,000        $5,100

Degree of completion                                               75%              20%

 Units started into production              9,600

Total units in production                    10,500

Units completed and transferred       8,500         100%            100%

Ending work in process inventory     2,000           90%              30%

                                                                Units    Materials   Conversion

Beginning work in process inventory     900     $13,000         $5,100

Costs added during the month                         $172,100      $242,100

Total production costs for the month               $185,100    $247,200

Equivalent units of production:

                                                             Units    Materials           Conversion

Units completed and transferred       8,500    8,500 (100%)   8,500 (100%)

Ending work in process inventory     2,000     1,800 (90%)        600 (30%)

Total equivalent units                                      10,300                9,100

Cost per equivalent unit:

                                                           Materials           Conversion

Total production costs                      $185,100           $247,200

Total equivalent units                           10,300                  9,100

Cost per equivalent unit                       $17.97                $27.16

6 0
2 years ago
When establishing criteria to measure the success of a customer-oriented business, managers should:?
gavmur [86]
<span>Managers should conduct a 360 evaluation of staff performance. This includes gathering feedback from suppliers, customers, and other employees. Customer surveys, with an incentive, are an effective way to measure success and gather target feedback. A key performance indicator for this type of business is customer retention.</span>
7 0
2 years ago
NCD Company wants to expand into the LatinX market. It has the financial resources, wants to control business operations, and ha
AlladinOne [14]

Answer:

Direct Investment

Explanation:

Direct investment is a technique of expanding into the foreign market in which an investor puts money into a business operating in another country designed in such a way to acquire controlling interest in the enterprise been invested in. It is a method used in controlling the interest of a business organization in another country different from yours. In direct investment, emphasis is laid on an organization from one country investing in another organization in a different country. Since NCD has financial resources and wants controlling interest in his expansion, direct investment is the way to go.

4 0
3 years ago
At july 31, planter company has this bank information: cash balance per bank $7,291, outstanding checks $762, deposits in transi
Cloud [144]
To solve:
Adjusted cash balance = (Cash balance + deposits in transit) - outstanding checks
Cash balance = $7,291
Deposits in transit = $1,350
Outstanding checks = $762

Adjusted cash balance = ($7,291 + $1,350) - $762
Adjusted cash balance = $8,641 - $762
Adjusted cash balance = $7,879
8 0
3 years ago
Jack and Jill are the only two residents in a neighborhood, and they would like to hire a security guard. The value of a securit
Step2247 [10]

Answer:

Yes their combined contribution of $120 is sufficient to pay the security guard

Explanation:

This is a form of non-rival service that does not get reduced by consumption by one of the parties. The security guard protects the entire neighbourhood.

Also it is a non-excludable service. If one party does not pay he will still enjoy the service.

Based on their income information and the fact that they are taxed 1%

Jack will pay 0.01 * 4,000 = $40

Jill will pay 0.01 * 8,000 = $80

The total sum is 40 + 80 = $120

As the security guard requires $120 to do the job, their contribution is sufficient.

However the value to Jack is $50 and he pays $40 so he has an excess value of $10

Jill gets a value of $90 but pays $80, so she gets an excess value of $10

6 0
3 years ago
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