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Gemiola [76]
3 years ago
8

Writing a check on an account with insufficient funds is allowed under certain conditions.

Business
1 answer:
Luba_88 [7]3 years ago
3 0

Answer:

True

Explanation: If you have overdraft protection your account

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Please help will give Brainlest
Vikentia [17]

Answer:

Creative Commons license would I rather use or not and why is explained below in complete details.

Explanation:

A Creative Commons (CC) license is one of the numerous unrestricted copyright permissions that facilitate the free circulation of an oppositely copyrighted "act". A CC license is used when an investor desires to provide other people the power to share, practice, and develop upon a product that they (the author) have produced.

5 0
3 years ago
Which of the following statements is true? Select one: a. In an annuity due payments occur at the end of the period. b. In an or
pashok25 [27]

Answer:

b. In an ordinary annuity payments occur at the end of the period

Explanation:

<u>Why the other options are false:</u>

A.- On annuity due, the payment occurs at the beginning of the period.

B.- The perpetuity will not mature. It will yield interest for an indefinite period of time

C.- The present present value of a perpetuity is calculate as follow:

cash inflow/ interest rate = perpetuity

On an ordinary annuity, the payment occur at the end of the period, which is correct.

5 0
3 years ago
During 2011, Simon Kidman, the sole shareholder of a calendar year S corporation, received a distribution of $75,000. On Decembe
liraira [26]

Answer: c. Kidman recognizes a $1,000 LTCG

Explanation:

Long term gain can be calculated by the formula:

Capital gain = Distribution received - Basis in stock - Ordinary income earned

= 75,000 - 24,000 - 50,000

= $1,000

Long Term Capital gain is therefore $1,000.

3 0
3 years ago
Moorcroft Company’s budgeted sales and direct materials purchases are as follows:
gladu [14]

Answer:

1) Month        Sales

April           $299,000

May            $337,000

June           $387,000

Schedule of expected collections

For the month of June, 202x

Cash sales during June = $387,000 x 40% = $154,800

Collection from June's credit sales = $232,200 x 20% = $46,440

Collection from May's credit sales = $202,200 x 50% = $101,100

Collection from April's credit sales = $179,400 x 26% = $46,644

Total cash collections during June = $348,984

Month        DM purchases

April           $44,000

May            $55,000

June           $55,000

Schedule of expected cash payments for direct materials purchases

For the month of June, 202x

Cash purchases during June = $55,000 x 50% = $27,500

Cash payments for May's purchases = $27,500 x 40% = $11,000

Cash payments for April's purchases = $22,000 x 60% = $13,200

Total cash payments during June = $51,700

2) Month        Sales

April           $299,000

May            $337,000

June           $387,000

Schedule of expected collections

For the month of June, 202x

Cash sales during June = $387,000 x 40% = $154,800

Collection from June's credit sales = $232,200 x 30% = $69,660

Collection from May's credit sales = $202,200 x 50% = $101,100

Collection from April's credit sales = $179,400 x 18% = $32,292

Total cash collections during June = $357,852

It would be worth to pay the collector since the 2% reduction in uncollectible accounts is worth much more than the $1,000 that he/she earns.

3) Month        DM purchases

April           $44,000

May            $55,000

June           $55,000

Schedule of expected cash payments for direct materials purchases

For the month of June, 202x

Cash purchases during June = $55,000 x 40% = $22,000

Cash payments for May's purchases = $33,000 x 40% = $13,200

Cash payments for April's purchases = $26,400 x 60% = $15,840

Total cash payments during June = $51,040

Cash payments will decrease a little in June.

5 0
3 years ago
When asked how positive or negative they feel about their work, fewer than 20% of U.S. workers report being dissatisfied with th
kodGreya [7K]

According to statistical data, it is indeed <u>TRUE </u>that less than 20% of U.S. workers are dissatisfied with their jobs.

According to recent labor statistics:

  • 85% of Americans are satisfied with their jobs
  • Most Americans don't mind the roles they execute at work

If 85% of people are satisfied then the percentage is potentially dissatisfied is:

= 100% - 85%

= 15%

It is therefore true that less than 20% are dissatisfied.

<em>Find out more at brainly.com/question/2540955.</em>

7 0
3 years ago
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