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3 years ago

What is the difference between a checking and savings account?

1 answer:

8 0

A checking account is what you would use to make everyday purchases, and what you usually put the majority of your check into. Savings accounts are used to save money over periods of time. A percentage of your check may go in a savings account that you don't use.

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Child labor is permitted and widely employed in Country X. A multinational company entering Country X decides to employ minors i

ivann1987 [24]

Answer:

b. Cultural Relativism

Explanation:

Cultural relativism is the ability to understand a culture on its own terms without making judgments using the standards of one’s own culture. This is based on the idea that there is no superior standard of good or evil, so every judgment about right and wrong is a product of society.

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3 years ago

The QuickBooks Online ecosystem gives you and your clients access to a wide range of 1.__________ to help 2.___________ their bu

kupik [55]

The Quick Book Online ecosystem gives you and your client access to a wide range of apps to help increase productivity in a business.

Explanation:

The Quick Book Ecosystem helps small firms in their growth and productivity. It keeps all the accounts properly,does all the legal work. It is an easy going app and is very useful for the businessman.
There is no need to keep any backup still the important data are kept secured. Online chats can also be easily performed.
There is not requirement of software to manage it as well as this app don't require any upgrades. Hence we can say that this app is very useful because through this app we can avail other apps too.

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3 years ago

At December 31, Folgeys Coffee Company reports the following results for its calendar year. Cash sales $ 914,000 Credit sales 31

Lyrx [107]

Answer:

Date Account Title Debit Credit

Dec, 31 Bad debt expense $15,700

Allowance for doubtful expense account $15,700

Working

= 5% * 314,000

= $15,700

Date Account Title Debit Credit

Dec, 31 Bad debt expense $‭36,840‬

Allowance for doubtful expense account $‭36,840‬

Working

= 3% * (Cash sales + Credit sales)

= 3% * (914,000 + 314,000)

= $‭36,840‬

Date Account Title Debit Credit

Dec, 31 Bad debt expense $‭‭17,520

Allowance for doubtful expense account $‭‭17,520

Working

= (8% * Year end accounts receivable) + Debit balance for Allowance for doubtful account

= (8% * 139,000) + 6,400

= $‭17,520‬

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3 years ago

Anne has chosen how many bagels and how many units of cream cheese she would buy this month. She has $20 to spend on these two g

Colt1911 [192]

Answer:

The correct answer is: her marginal benefit per dollar for bagels will decrease, and her marginal benefit per dollar for cream cheese will increase.

Explanation:

Anne has $20 to spend on two goods bagels and cream cheese.

The marginal benefit per dollar for bagels is $6.

The marginal benefit per dollar for cream cheese is $10.

If she decides to buy more bagels and less cream cheese, the marginal benefit per dollar for bagels will decrease and marginal benefit per dollar for cream cheese will increase.

The marginal benefit per dollar for a commodity is the ratio of marginal utility derived from consuming the last unit of the commodity upon price of the commodity.

As more and more quantity of a commodity is consumed the marginal benefit per dollar for it will go on declining. This is because the marginal utility derived from each additional unit will go on declining while price will remain the same. The less the commodity is consumed, the marginal benefit per dollar for it will increase.

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3 years ago

Kate calls her broker to purchase 200 shares of IBM. The broker tells her that the price of a share is currently $90. Kate decid

stiv31 [10]

This type of order is called limit order. Kate wants to purchase an IBM share at a specific price. Limit order does not necessarily mean that it is a market order since order may not push through.

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3 years ago

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