1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
DiKsa [7]
2 years ago
13

When reconciling or balancing your checking account, which of the following correctly describes the math?

Business
1 answer:
Rainbow [258]2 years ago
8 0

Answer:

B) add deposits, subtract withdrawals and fees

Explanation:

A checking account is a deposit and saving account held in a financial institution, mostly a bank. The user or owner of the checking account is allowed to deposit and withdraw money as frequently as they deem necessary without incurring access fees.

Money held in a checking account is accessible using different ways, including debit cards, ATMs, and over the counter. When reconciling a checking account, one needs to subtract the sum of "money out" from "money in. "

"Money in" comprises mostly of deposits.  "Money out" is the total of withdraws plus other bank charges levied to the account.

You might be interested in
A production department's output for the most recent month consisted of 8,000 units completed and transferred to the next stage
sergiy2304 [10]

Answer:

e. 10,500 units.

Explanation:

<em>the equivalent units of production - direct materials</em>

<em>Note : Units in ending Work in Process inventory were 50% complete with respect to direct materials</em>

units in ending Work in Process inventory (5,000×50%)                = 2,500

units completed and transferred to the next stage (8,000×100%  = 8,000

Total                                                                                                    = 10,500

<em>the equivalent units of production - conversion costs</em>

<em>Note : Units in ending Work in Process inventory were 50% complete with respect to conversion costs</em>

units in ending Work in Process inventory (5,000×50%)                = 2,500

units completed and transferred to the next stage (8,000×100%  = 8,000

Total                                                                                                    = 10,500

5 0
3 years ago
Situations where an individual is required to define right and wrong conduct are termed ________.
koban [17]

Answer:

The right option is option b, which is Ethical dilemmas

Explanation:

Ethical dilemmas are situations in which there is a choice to be made between two options neither of which resolved the situation. It is a decision making problem which is between two possible moral imperatives.

8 0
3 years ago
“knowledge of the job processes, methods, tools and techniques” is which managerial skill?
notsponge [240]

<span>Knowledge of the different job processes, methods, tools and techniques belong to the Technical Managerial Skill. Skills management refers to the proper training of understanding, developing and organizing individuals and their abilities. Well-managed skills management ought to recognize the abilities that profession roles necessitate, the abilities of singular workers, and a little fissure amongst the two.</span>

6 0
3 years ago
If you ignore a margin call, your broker:
MArishka [77]

Answer:

The correct answer is letter "D": may sell some of your securities to repay the margin loan.

Explanation:

A Margin Call is issued when the equity in a margin account falls below a certain level. In the U.S. this level is set by the Federal Reserve (Fed) Board "Regulation T". Many brokers have their margin requirements known as "house requirements" usually with maintenance levels of 30 to 40%.

When a margin account falls below the margin limit and the trader ignores this, the broker can sell some of the securities of the trader to cover the margin losses.

6 0
3 years ago
Dan would like to save $1,500,000 by the time he retires in 30 years and believes he can earn an annual return of 8%. How much d
Ket [755]

Answer:

$13,241

Explanation:

From the data we were given in the question:

future value = fv = $1,500,000

time = t  = 30 year

rate = r = 8%

We are required to find out How much does he need to invest to achieve his goal

solution

future value = principal ( 1+ rate)^(t-1)  / rate

1500000 = principal (1 + .08)^(30-1)/ 0.08

we make principal, p, subject of the formula.

principal = 1500000  / ( (1 + .08)^(30-1)/ 0.08 )

Principal = 1,500,000 / 113.2832

principal =  13241.15

so Dan needs to invest $13241

6 0
3 years ago
Other questions:
  • Messer Company purchased equipment for $24,000. The company is considering whether to determine annual depreciation using the st
    11·1 answer
  • Which is a short term bond that must be paid within a year or less?
    10·2 answers
  • What is the difference between Special warranty deed vs general warranty deed
    15·1 answer
  • Sandra williams is single. she itemized deductions in 2014. she plans to itemize for 2015. in order for her plan to itemize dedu
    10·1 answer
  • Mr. Morgan earns $38,000 a year as a salesperson and a 5% commission on all his sales. He has a mortgage of $910 a month and pay
    9·2 answers
  • Define the term partnership as a type of business
    11·1 answer
  • Cost behavior ______. categorizes costs as fixed, mixed and variable is a detailed analysis technique used to determine whether
    11·1 answer
  • The catapult systems repair crew on an aircraft carrier is responsible for repairing the system that launches the aircraft from
    8·1 answer
  • Fixed costs ________. Group of answer choices are the sum of the overhead and variable costs for any given level of production r
    11·1 answer
  • Suppose Susie can own 100 turkeys or 5 peacocks. What is the opportunity cost of owning one peacock?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!