Answer:
Easy access to funds through a debit card
Explanation:
A checking account is an account that individuals open at a bank or a financial institution to withdraw and deposit money. It is also referred to as a demand account. The salient feature with a checking account is that it is very liquid. It permits users a quick way of accessing their money.
A checking account can be accessed using ATMs, electronic cards, and checks. The checking account allows users to deposit and withdraw money multiple times without attracting charges.
Answer:
there is no difference between ppl, ppl are beautiful from the inside
In order to achieve its goal, the amount the firm should save each quarter is $56,033.97
The formula that can be used to determine the amount that the company should save every month to achieve its goal is :
Amount = future value / annuity factor
Annuity factor = 
- Future value = amount it wants to save in 4 years = $1 million
- r = interest rate = 5.75% / 4 = 1.4375%
- n = number of years = 4 x 4 = 16
Annuity factor = [(1 + 0.014375)^16 - 1] / 0.014375
= 17.846317
Amount = $1,000,000 / 17.846317
= $56,033.97
A similar question was answered here: brainly.com/question/14927086?referrer=searchResults
Answer:
The dollar will appreciate. Because expected U.S. inflation falls as a result of the announcement, there will be an expected appreciation of the dollar and so the expected return on dollar assets will rise. As a result, the demand curve will shift to the right and the equilibrium value of the dollar will rise.
Answer:
The company's days' sales in receivables is 22 days
Explanation:
In order to calculate the company's days' sales in receivables we would have to calculate first the total sales with the following formula:
Total Sales = Net Income / Profit Margin
= $190,000/9.4%=$2,021,276
Hence, Credit Sales = $2,021,276*0.85= $1,718,085
Accounts receivable turnover ratio = Credit sales / Accounts Receivable
= $1,718,085 /$106,351
= 16.15485
Therefore, Days sales in receivables = 365/16.15485= 22.59 days
The company's days' sales in receivables is 22 days
