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emmainna [20.7K]
2 years ago
15

Nathan has $300 to open a checking account. He wants an account with the lowest fees. He plans on using the ATM machine, and his

employer offers direct deposit.
Bank Account Terms and Conditions


Which checking account would be best for Nathan?  
Business
2 answers:
a_sh-v [17]2 years ago
8 0

Answer:

Direct Deposit

Explanation:

Nathan should pick a Direct Deposit account. Direct Deposit is free of charge in general, to receive payments. But it grants very limited use of Automated Teller Machines (ATM) according to Bank Account Terms and Conditions. Then He could either transfer to another account from the same bank or take its payments in cash, to keep the costs in a low level.

borishaifa [10]2 years ago
7 0
Direct Depositing would be best.
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Multiple Choice Question 143 A company shows a balance in Salaries and Wages Payable of $37900 at the end of the month. The next
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Answer: The answer is: Debit Salary and wages expense $9,900, Debit Salaries and wages payable $37,900, Credit Cash $47,800

Explanation: Since the company has $37,900 sitting in salaries and wages payable account at the end of the month and the payroll revealed that actual amount to be paid is $47,800, this means the company has a shortfall of $9,900 from the salaries and wages payable account. Therefore, this amount that was not accrued for would impact salary and wages expense by $9,900.

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2 years ago
Arborview Plant Science Company has invented a drought resistant grass seed that only needs watering three times each year. In o
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Answer:

The scientist are looking to offer shares of stock to general public to raise some funds.

Explanation:

The seed scientist are looking to offer shares of stock of their company to genera public to raise some funds , so that they can expand the distribution of their product . Arborview plant science company will first time offer their shares to the public, so this process is called initial public offering and by doing this they will get funds from investor in return for part of ownership in the company.

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3 years ago
You plan to deposit $5,200 at the end of each of the next 15 years into an account paying 11.3 percent interest. a. How much wil
scZoUnD [109]

Answer:

Amount after 15 years = 183255.011

Explanation:

Below is the calculation to find the amount after 15 years:

Annuity amount or early deposited amount = $5200

Time period = 15 years

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Now we have to find the amount after 15 years:

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Amount after 15 years = 5200 [((1 + 11.3)^15 - 1) / 11.3% ]

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3 0
2 years ago
Why are costs and benefits weighed when determining whether something gets produced
katrin2010 [14]

Answer:

Costs and benefits are weighed to determine if producing the good will be profitable.

Explanation:

Production of goods refers to the process through which raw material and resources are converted to a finished product. In most economies, production of goods are services is necessary to meet the demand for these goods. Companies and firms utilize resources like labor and materials to produce finished products. This is usually a costly activity that needs to be planned and organized for it to be successful. Since most businesses is for profit making, the production process has to be done in such a way that in the end, profits are made. Production processes requires financial strategies to be applied and assessed to ensure that the process is profitable in the long run.

An example of a financial analysis that can be used is the cost benefit analysis. The cost benefit analysis involves determination of all the resources that will be needed as input. The input is then convert into monetary terms, then summed together. The total amount of input in monetary terms is the cost, since that i the total amount needed to process the raw materials to finished goods. The future benefits are also forecasted and converted into monetary terms. The comparison of the costs versus the benefits forms what is collectively termed as the cost and benefits analysis.

When the costs outweigh the benefits, then the good should not be produced. When the costs are equal to the benefits, it means the business will break-even, so there will be no profits, it is advisable not to produce the good. Finally, when the benefits outweigh the costs, it is advisable to produce the good.

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