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3 years ago

TRUE OR FALSE: It is always free to use an ATM if you have a debit card

Business

2 answers:

artcher [175]3 years ago

4 0

Good luck !!! This is what I found

Lyrx [107]3 years ago

4 0

Answer:

False

Some banks/stores will require you to pay if you use an ATM. In some cases, it is not about whether you have a debit card or not. Debit cards are primarily used to remove money from a bank account, not for ATMs.

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Suppose there are five suppliers of ice cream in the town of Summerville. When the price of ice cream is $2 per scoop, Firm A is

victus00 [196]

Answer:

the market quantity supplied is less than 250 scoops when the price is $2 per scoop

Explanation:

When price is $2, the total quantity supplied = 20 + 50 + 35 + 100 + 40 = 245

At the price $2, the total quantity supplied is less than 245

3 0

3 years ago

On September 1, the board of directors of Colorado Outfitters, Inc., declares a stock dividend on its 16,000, $7 par, common sha

Otrada [13]

Answer:

See the answers and explanation below.

Explanation:

a. the necessary journal entries assuming a small (10%) stock dividend

Date Details Dr ($) Cr ($)

Sept. 1 Stock Dividends (16,000 * 36 * 10%) 57,600

Common Stock (16,000 * 7 *10%) 11,200

Additional Paid-in Capital - Common Stock 46.400

To record a small (10%) stock dividend on common stock. .

b. the necessary journal entries assuming a large (100%) stock dividend

Date Details Dr ($) Cr ($)

Sept. 1 Stock Dividends (16,000 * 7 * 100%) 112,000

Common Stock (16,000 * 7 *10%) 112,000

To record a large (100%) stock dividend on common stock. .

c. the necessary journal entries assuming a 2-for-1 stock split.

"No journal entry required"

Note: Although no journal entry is required here but the number of common stock will increase to 32,000 (i.e. 16,000 * 2 = 32.00).

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3 years ago

Suppose that you are on a desert island and possess exactly 20 coconuts. Your neighbor, Friday, is a fisherman, and he is willin

Vlada [557]

Answer:

a) see attached image

b) Friday's slope = 1/2

c) Kwame's slope = 1/3

d) Kwame's budget line since it includes 60 fish on one side and 20 coconuts on the other.

e) Kwame is willing to pay more fish per coconut

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3 years ago

At the annual meeting of the board of directors of LabZaws Co., James Wilson, the CEO of the company, was directed to focus prim

ahrayia [7]

James Wilson could achieve this objective by focusing on both cost reduction and revenue enhancement

What is Cost reduction?

Cost reduction is the procedure of lowering a business's expenses in order to increase profits. It entails locating and eliminating expenses that don't benefit customers in any way, as well as streamlining operations to increase productivity.

What is revenue enhancement?

The objective of any successful revenue enhancement strategy is to build and improve on current payment levels and then recover arrear debt. As indicated, this document seeks to identify causes for non-payment and to develop a strategy to address those challenges.

Learn more about Cost reduction and revenue enhancement here:

brainly.com/question/25995911

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2 years ago

Garfield Corp. expects to sell 1,300 units of its pet beds in March and 900 units in April. Each unit sells for $110. Garfield’s

Svetach [21]

Answer:

$47,200

Explanation:

For computing the budgeted purchase, first we have to determine the purchase unit which is shown below:

= Sale units + ending inventory units - beginning inventory units

where,

Sale units are 1,300 units

Ending inventory units = 900 units × 30% = 270 units

Beginning inventory units = 1,300 × 30% = 390 units

Now put these units to the above formula

So, the units would equal to

= 1,300 units + 270 units - 390 units

= 1,180 units

Now the budgeted purchase would be

= 1,180 units × $40

= $47,200

4 0

4 years ago