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Katyanochek1 [597]
4 years ago
9

A store and a bank would both charge fees for _____.

Business
1 answer:
horsena [70]4 years ago
7 0
"Bouncing a check
When a check is deposited in a bank, or when it is written out to a store teller to ultimately deposit in the store bank, the funds are tracing back from an origin bank account. When the check bounces a fee is then charges by both the bank out of which the check is written (for non-sufficient funds) and by the payee. If the payee is a store they will often charge fees that are charged back to them by their bank of deposit."
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During July, the Jamal Company incurred factory overhead a follows: utilities cost $6,500; accumulated depreciation, $2,500; and
Gala2k [10]

Answer:

A.

Factory Overhead, $12,600 Dr.

Utilities Payable, $6,500 Cr.

Accumulated Depreciation, $2,500 Cr.

Wages Payable, $3,600 Cr.

Explanation:

All the given Expense are classified as the factor overhead and They are accumulated in a single account of factory overhead. Utilities are classified as factory overhead as it is not directed attributable to a specific single product or department. Depreciation is also considered as an overhead due to its nature of expense. Wages are also treated in the same way. All they expenses are added together to be charged in a single head of Factory overhead by $12,600.

6 0
3 years ago
Wheldon Wheels Inc. (WW) is a US-based manufacturer that exports car parts to Taiwan. WW expects to receive 20,000,000 Taiwan do
ra1l [238]

Answer: Enter into a futures contract

Explanation:

Wheldon Wheels inc. operates in the United states, The company exports car Parts to Taiwan which means they do business with companies in Taiwan. The amount that Wheldon Wheels inc receives when they export car parts depends on the Exchange rate between a US dollar and Taiwan Dollar.

Exchange rates between currencies fluctuates every day in the market which presents a problem of uncertainty because when exchange rate changes the value of the transaction changes and that will increase or decrease a company's profits in each transaction.

Wheldon Wheels Expects to receive 20 000 000 Taiwan dollars in 90 days, since the company is in The united states the amount of 20 000 000 of Taiwan Dollars Receivable will need to be converted into US dollars. The Problem is, The exchange rate may decrease or increase in the next 90 days which will affect how much Wheldon Wheels receives in dollars.

Wheldon Wheels inc may Protect them selves against Exchange rate Fluctuations by entering into A Future Contracts with a Bank or exchange dealer. Futures Contract will provide Wheldon Wheels inc with an opportunity to sell 20 000 000 Taiwan Dollars in 90 days at a fixed predetermined exchange rate. The Dealer Promises to Buy 20 000 000 Taiwan Dollars in 90 days at a Predetermined Fixed exchange rate.

example

suppose the (WW) enters into a Futures contract to sell 20 000 000 Taiwan Dollar in 90 days at an Fixed exchange rate of $1 = 1.5 Taiwan dollar, if the market exchange rate in 90 days is $1 =  1.3 Taiwan dollar Wheldon Wheels inc would be protected. The Exchange rate for the 20 000 000 Taiwan Dollar transaction would remain at $1 = 1.5 Taiwan dollar

5 0
4 years ago
Read 2 more answers
In a certain economy, when income is $500, consumer spending is $375. The value of the multiplier for this economy is 5. It foll
jeka57 [31]

Answer:

The options are wrong, if consumer spending is $375 when income is $500, it has to be higher if income increases (it cannot be lower).

Consumer spending at $510 = $383

Explanation:

the economy's multiplier = 1 / MPS (marginal propensity to save)

5 = 1 / MPS

MPS = 1 / 5 = 0.2

MPC (marginal propensity to consume) = 1 - MPS = 1 - 0.2 = 0.8

consumer spending at $510 = consumer spending at $500 + [$510 - $500) x 0.8] = $375 + ($10 x 0.8) = $375 + $8 = $383

MPC measures how much consumer spending increases if total disposable income increases.

4 0
4 years ago
Since 2009, job growth in the Internet-media sector has increased by what percentage?
navik [9.2K]

Answer:

The answer is 31%

Explanation:

Hope you have a great day

5 0
3 years ago
True or false the master degree is the first degree you can earn<br> A. True<br> B. False
Jet001 [13]

Answer:

false

Explanation:

bachelor degree must be completed before masters

4 0
3 years ago
Read 2 more answers
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