All categories

3 years ago

1. List three ways to get money OUT of your checking account. CÓ a b. C.

Business

1 answer:

sammy [17]3 years ago

5 0

Answer:

See below

Explanation:

A checking account is held at a financial institution. It allows the account holder to deposit or withdraw money as many times as they wish.

Money in a checking account can be gotten out or withdrawn in the following ways

Withdraw over the counter at the bank premises.
Withdraw at an ATM machine using a debit card or other electronic cards.
Writing a check in favor of the intended recipient

Other ways include;

Electronic transfers from one account to the other using the internet or banking apps-online banking

You might be interested in

Suppose a firm’s managers receive bonuses that increase with the size of the firm’s ROE, which was 30% last year and is forecast

kherson [118]

Answer:

.b. The new project should be rejected because, if it is accepted, the firm's ROE will decline from 30% because the new ROE will be a weighted average of the old 30% and the 20% returns on the new investment

Explanation:

ROE means return on equity

ROE = Net income / shareholders equity

A project should be undertaken if the ROE of the project is greater than the cost of equity

3 0

3 years ago

Which of the following is an INCORRECT statement regarding the right to stop delivery of goods in transit? A. If the lessee rep

Verizon [17]

Answer:

B. The lessor does not have the right to stop delivery in transit due to the lessee's breach of the lease agreement; instead, the lessor must deliver the goods to the lessee in spite of the breach, and then sue the lessee for damages.

Explanation:

During the transit of goods, if the lessor learns of a breach of the lease agreement, he has every right to stop the delivery of the goods in transit by notifying the goods carrier or bailee. Since the carrier of the goods reports directly to the lessor, once he receives instructions from the lessor to stop delivery of goods, and he still has sufficient time, the delivery should be stopped.

Once the goods are reclaimed, the lessor can then decide to sue to recover damages. He can also, decide to cancel the contract at that point

7 0

3 years ago

Equipment with an estimated market value of $55,000 is offered for sale at $75,000. The equipment is acquired for $20,000 in cas

baherus [9]

Answer:

The amount used in the buyer's accounting records to record this acquisition is $60,000.

Explanation:

Amount in the buyer's accounting records to record this acquisition = Cash paid + Note payable

= $20,000 + $40,000

= $60,000

Therefore, The amount used in the buyer's accounting records to record this acquisition is $60,000.

8 0

3 years ago

A lender lends $18,600, which is to be repaid in annual payments of $3100 for 6 years. Which of the following shows the timeline

givi [52]

Answer:

The correct option is option C

$18,600 $3,100 $3,100 $3,100 $3,100 $3,100 $3,100

Explanation:

Year0- $18600

Year1 - $3100

Year2 - $3100

Year3. $3100

Year5. $3100

Year6. $3100

That is the timeline of the loan from the lender's perspective.

4 0

3 years ago

A politician is interested in implementing a statewide welfare reform program. By providing welfare recipients with extensive jo

Allisa [31]

Answer: (D) Efficiency

Explanation:

The evaluation of the efficiency is the process in which we concerned about the efficiency of system so that it produced the desirable result.

We can also evaluate the efficiency by using the ratio of the output of the system to the input in the form of quantitative and the qualitative.

According to the question, the researcher work is basically refers evaluation of the efficiency as the implementation of the welfare program and the researcher argues are basically based on the efficiency evaluation.

Therefore, Option (D) is correct.

8 0

3 years ago