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iogann1982 [59]
3 years ago
15

A check is__? (1 point)

Business
1 answer:
mr_godi [17]3 years ago
3 0
A. Promissory Note

It means that when you write someone a check, it is a "promise", that their money will be there or liquidated.

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Besides the actual mortgage payment, which also factors into the monthly payment on a home?
Maurinko [17]

It is the property taxes that go along with the mortgage monthly payment

So the answer is C: Property taxes

The lender will generally set up an escrow account to cover for the property taxes and pay these items on your behalf when they are due

6 0
3 years ago
The Fed changes reserve requirements from 10 percent to 14 percent, thereby eliminating $750 million in excess reserves. The tot
MakcuM [25]

Answer:

The answer is e. None of the options.

Explanation:

(1/0.14) × $750 million= $5357 million

5 0
4 years ago
The Federal Deposit Insurance Corporation: Question 7 options: a) has eliminated bank failures. b) insures all demand deposits w
lianna [129]

Answer:

D

Explanation:

The federal deposit Insurance Corporation is an independent federal agencies that insures deposit in banks against any bank failures. It includes commercial banks and state chartered banks as its members.

In order to ensure that bank failures are prevented , the FDIC monitors the operational safety and effectiveness of members bank . This insurance is limited to $250,000 per depositor per bank and it covers only the depository account like the checks and savings account.

8 0
3 years ago
A project with a life of one year has an accounting break-even point of 2,962 units. The fixed costs are $46,308 and the depreci
Katyanochek1 [597]

Answer:

The projected sales price is $46.21 per unit

Explanation:

The break-even point is the level of production at which the costs of production equal the revenues for a product and calculated by using following formula:

Break-even point in units = Fixed expense/(Selling price per unit-Variable cost per unit)

Selling price per unit = (Fixed expense/Break-even point in units) + Variable cost per unit)

The project  has an accounting break-even point of 2,962 units.

The depreciation expense is $22,147 and The fixed costs are $46,308. The depreciation expense is fixed cost.

Total Fixed expense =  $22,147 + $46,308 = $68,455

Selling price per unit = ($68,455/2,962) + $23.10 = $46.21 per unit

5 0
4 years ago
Lofland's has $20 million in current assets and $10 million in current liabilities, while Smaland's current assets are $10 milli
hjlf

Answer:

c.The transactions would lower Lofland's financial strength as measured by its current ratio but raise Smaland's current ratio.

Explanation:

The current ratio compares current assets with current liabilities showing how many dollars of assets are there for a dollar of liabilities. This tells investors about the company ability to pay short-term obligations or those due within one year.

Current Ratio = Current Asset (CA) / Current Liabilities (CL)

Lofland's NOW = 20 M CA / 10 M CL = 2.00

Lofland's AFTER = 30 M CA / 20 M CL = 1.50

Smaland's NOW = 10 M CA / 20 M CL = 0.50

Smaland's AFTER = 20 M CA / 30 M CL = 0.67

Lofland's current ratio gets lower, so its financial strength as well. Instead, Smaland's current ratio gets higher and It´s financially stronger.

3 0
4 years ago
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