Answer:
B. II or III
(Either her passport or Social Security Card)
Explanation:
Yes, as Miranda has left her drivers's license at home, she still can open a checking account. For this particular purpose, an identity vitrification is required which she can provide with the her passport or Social Security Card. Either one them can serve the required purpose of opening a checking account. Therefore, she is not required to produce only the driver's license, consequently, the right option here is B.
Answer: 2,204
Explanation:
The Herfindahl-Hirschman Index (HHI) shows just how competitive an industry is with a higher HHH meaning that it is not very competitive and a lower one meaning that it is quite competitive.
It is calculated by adding up the squares of the percentage market shares of the firms in the industry of interest:
= 32² + 25² + 19² + 9² + 8² + 7²
= 1,024 + 625 + 361 + 81 + 64 + 49
= 2,204
Answer:
Debit to income summary account = $2,770
Explanation:
The journal entry to close the expense account is shown below:
Income summary A/c Dr $2,770
To Salaries and wages expense $1,910
To Advertising expense $390
To Rent expense $ 230
To Supplies expense $160
To insurance expense $80
(Being expense accounts are closed)
Answer:
False
Explanation:
Financial freedom is when an individual can make decisions concerning finances without having to think about the implications of the decisions because the individual is financially prepared.
Financial freedom means that an individual controls his/her financaes and not the other way around.
So owing family members only doesn't is not financial freedom but instead, not owing at all is financial freedom. This is simply because, you have to make your financial decisons with respect to the fact that there is debt to be paid. This means you have a clause or constraint in your financial decisons and thus shows no freedom.
Cheers.
Answer:
a. Cost of more insurance coverage is less than the marginal benefit
Explanation:
The marginal cost is the cost producers incur by the production of one more good. The marginal benefit of a good on the other hand is the utility received from the purchase of one more good or service. If a consumer perceives that the worth of good is less than the market price then they would not make that transaction. However, when the consumer has decided to buy more life insurance s/he is convinced that the marginal benefit from purchasing that good would be higher than the marginal cost of that good.