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Jlenok [28]
3 years ago
7

Karen doesn’t like driving to the local bank branch, but doesn’t think that it is secure to do financial transactions on her pho

ne. What is the best banking option for her?
She should use online banking services and never go to her local bank branch.
She should use online banking and only use her local bank when necessary.
She should use mobile banking to avoid the security risks of online banking.
She should use traditional banking for everyday transactions and questions.
Business
2 answers:
tangare [24]3 years ago
7 0
I say B. but maybe D
miv72 [106K]3 years ago
6 0
The answer is B. its the best option for this scenario.
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If a firm adheres strictly to the residual dividend policy, and if its optimal capital budget requires the use of all earnings f
sp2606 [1]
Dats hard huh? I think soooo
8 0
3 years ago
Aquatic Equipment Corporation decided to switch from the LIFO method of costing inventories to the FIFO method at the beginning
barxatty [35]

Answer:

A. $816,000

B. Dr Inventory $60,000

Cr Retained earning $36,000

Cr Tax payable $24,000

Explanation:

A. Calculation to determine the balance in retained earnings at the time of the change

Using this formula

Retained earnings = Beginning retained earning balance + Adjusted net income

Let plug in the formula

Retained earnings=$780,000+ $60,000 × (1 - 40%)

Retained earnings=$780,000+($60,000×60%)

Retained earnings=$780,00+ $36,000

Retained earnings= $816,000

Therefore the balance in retained earnings at the time of the change is $816,000

2. Preparation of the journal entry at the beginning of 2009 to record the change in principle.

Dr Inventory $60,000

Cr Retained earning $36,000

[$60,000 × (1 - 40%)]

Cr Tax payable $24,000

($60,000-$36,000)

(Being to record the change in principle)

3 0
3 years ago
If Ben and the HR managers do nothing about the promotion opportunities in the organization, employee satisfaction is likely to
Andru [333]

Answer:

Employee satisfaction is likely to be lower

Explanation:

Promotion opportunities are an important form of reward inside an organization. If there are no promotion opportunities in place, this means that employee satisfaction will likely be lower, because there one incentive less to work hard: the incentive of being promoted.

3 0
3 years ago
Numerical fill-in-the-blank. Marv works at a bakery. During a shift at work, Marv can decorate either 8 wedding cakes or 13 chee
Alchen [17]

Answer: 1.6 cheesecakes

Explanation: Opportunity cost is simply the cost of a forgone alternative. It is the cost of an opportunity forgone (and the loss of the benefits that could be received from that opportunity); the most valuable forgone alternative.

If Marv can decorate 8 wedding cakes or 13 cheesecakes, it follows that the opportunity cost of making 8 wedding cakes is 13 cheesecakes. The question asks the cost of making a cake. This is given by:

13/8 = 1.625 cheesecakes

= 1.6 cheesecakes to the nearest tenth as the answer.

4 0
3 years ago
Classy Cruiseline offers nightly dinner cruises departing from several cities on the eastern coast of the United States includin
Alina [70]

Answer:

a. Contribution margin per passenger = $40

b. Contribution margin ratio = 50%

c. Operating Income = $160,000

d. Operating Income = $27,500

Explanation:

a. Contribution margin per passenger = Ticket price per passenger - Variable cost per passenger

Contribution margin per passenger = $80 - $40

Contribution margin per passenger = $40

b. Contribution margin ratio = Contribution margin per passenger / Ticket price per passenger

Contribution margin ratio = $40 / $80

Contribution margin ratio = 0.5

Contribution margin ratio = 50%

c. Contribution margin per passenger = $40

Sales (in units)       = 13,000 Passengers

Total Contribution = $520,000

Fixed Costs           = $360,000

Operating Income = $160,000

d. Sales revenue = $775,000

Contribution margin ratio = 50%

Total Contribution =$387,500 ($775,000 * 50%)

Fixed Costs           = $360,000

Operating Income = $27,500

7 0
3 years ago
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